New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1898-02-07
FOREIGN TRADE IMPROVED.
LARGE GAINS MADE UNDER THE DING
LEY TARIFF LAW.

WITH THE CORRESPONDING FERIOD IN
THE PREVIOUS YEAR-FREE-TRAD-
ERs' PREDICTIONS FALsIF1ED.
my rE.ranAPH TO TIE rRIBUNEl
washington, Feb 6.-Democratic orators who
-6ustriousy paraded the protests which the
,.ading nations Of the world made against the
n,nelev Tariff bill during its consideration by
congress will perhaps be interested to know
,,o results which have followed the refusal Of
,ha Republican Congress TO heed these protests.
,,,ch Democratic capital was made out OF them
during the pendency Of the Tariff BILL and
those who argued that they were an evidence
.ho, q protective tariff would damage foreign
wade apparently expected TO startle the coun-
,rv IN the Congressional campaign Of 1898 with
,,s assertion that the Dingley protective law
~ DESTROYED. or at least injured. the sale of
American products abroad.
In this expectation they are TO be disappoint-
al Full reports of foreign trade during five
,oo,.bs Of the operation Of the Dingley law
ore now accessible. the December figures having
,ret been completed by the Bureau of statistics.
The Dingley law went into effect in tho closing
,.. 80 I,,Iv. and Il is thus possible 10 present
,ha conplete figures showing the commerce or
.no United States during the five months of
rooo,nber Fourteen countries presented pro-
,os,s against the Dngley Tariff law, and the
,,,,, of the opponents Of that measure was
.ho, unless those protests were needed IN the
e,el enactment of the measure American safes
% the nations so protesting would be greatly re-
Guced
1,r+ an examination OF the figures for the 1--WE
r,onths since the Dngley law went into effect
chO
. large increase over the sales made during the
corresponding months in the preceding year
further examination shows that even in manu-
.ac.ured goods. IN which It was insisted that
there must be under the new tariff a large fall
ing off in exports there has been substantial
Increase. instead Of the reduction predicted
still further examination Of trade relations
with the countries which entered formal pro-
tests against the Dingley Tariff bill demon
s,-ates that our sales in those countries have
Increased. and indeed. that the remarkable gain
which the United States has made In foreign
sales since the enactment of the Dingley law
tas been almost exclus.Fey to the very coun-
tries which offered those protests. and which
the Democratic orators declared would close
their doors against commerce unless their pro-
tests were needed Scarcely a single instance
from us have been reduced. while in most Of
them the increase III purchases has been large
50 large as Of itself practically to account for
the entire phenomenal Gain in foreign trade
which the last few months has recorded.
The countries whose protests were brought 10
the attention Of Congress. nearly all Of them in
b formal and official way. were Great Britain.
Germany. France the Netherlands. Belgium,
Italy, Japan China Denmark. Argentina. Aus
tra-Hungary, Turkey. Greece and Switzer-
land. An examination OF the official reports IN
dicatins American sales abroad during the hVe
months OF the operation or the new law SHOWS
that sales to those countries during that time
have been 10 per cent In excess OF thoSe OF thc
corresponding period Of the preceding year
under the Wilson law. which was asserted by
SIS slupOrters 10 be muCn more advantageous
to foreign trade than protective tarin measure
such as the Dingley act. In the entlre llSt theIe
is hardly an instance in which there mas been
any reduction, and in these cases me laIIlhs Oh,
IS so small as TO appear mere trife compared
with the gains which have Deeh inaue eIse-
In American trade with Great Britain and
Canada Germany. France, the Netherlands
Belgium Italy Japan. Denmark, Austria Hun-
gary. Turkey and SWitZerland there was al, an
Increase amounting to over S41'"OOVVV' "hlIe
with China Argentina and Greece thefe was
reduction aggregating about Sl,oOUuoo mus
showing a net gain in sales 20 NE countries
which protested amounting 70 H4-,-fH HotN III the
first FIVE months OF the Dineley law, compared
with the corresponding five months or the pre-
ceding year under the Wilson law.
Even I'm manufactured articles, whose IN
creased sales abroad have been attributed by
The free traders 70 the Wilson law. it is found
that the sales since the enactment OF the Ding
ley law have been larger than In the correspond
ing months Of last year, under the wilson law
The following table taken from the oilicldl re-
ports OF the Treasury Department, shows the
sales since the enactment Of the DnGley law 10
all Of the countries which made protests against
m
those Of the corresponding months or the pre-
ceding year under the Wilson law
EXPECTATIONS FROM THE UNITED STATES.
1896 1897.
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