La Junta tribune., 1899-04-08
SURPLUS PRODUCTS.
WAY GOODS ARE SOMETIMES ex-
PORTED AT LOW PRICES.

,nscr-stins Fact. Regarding Cow
~rnm-nt Revenue. and Expeadi-
turc- Under Protection and Free
Trade Respectively.
The following pertinent questions
| which reader Of The American Econ
| uinist asks are answered by DR. f. p
Miller as follows
Question |. Is American machinery
| tfarm) sold cheaper in foreign markets
| than to American consumersr
Answer = Manufacturers in all ccun-
tries frequently send their surplus prod
nets to foreign markets and sell them
| mt less prices than the same products
are or could be profitably sold at home
and even sometimes at less than the
| cost Of production This is done both
| in countries where there is high tariff
and also where there is a low tariff or
free trade Sometimes this is done for
the purpose of destroying competition
in the foreign markets. In countries
where wages are low and products are
cheaply made the producers. by sending
| their surplus to other countries and
| heiiHS thtLi Ut a AoSs. hoOh
drive foreign producers ont Of the busi-
ness. aud when they thus get control Of
the foreign market they pnt prices up
80 as To secure good profit English
manufacturers frequently do this when
we have low tariff and thus rnin in
dnstrics in this country. Producers
sometimes export their surplus products
without profit rather than close their
factories and discharge their hands. as
they might be compelled to do II there
was no foreign market The manufac-
turers Of farm machinery may do this
in some instances. although that is not
the rule. as they generally export their
goods with the purpose Of building up
a profitable foreign trade.
Question g. How does the monthly
revenue produced by the Dingley bill
compare with that OF the Wilson Cor
man bill. and what would be the prob
able effects under normal conditioner
Answer A few facts will answer
this question Previous to 1883 we had
the Morrill, tariff. fully protective. In
1883 the tariff was reduced and we had
lower duties until the Mckinley bill be-
came law in 1890. The Wilson, Cor
man bill came into force, Feb. l. 1894,
and the Dingley bill July "a. 1897 As
a matter of business policy when a new
party is coming into power. If it favors
high tariff. the imports will greatly
increase before the new tariff goes into
operation On the other hand. il q party
that favors low tariff Is successful.
the imports will be held back. go az to
come in under the lower duties; hence
the first and last years Of an admins
tration Of either party do not indicate
SO truly the workings Of the tariff as do
the two intermediate years
The following table gives the receipts
from customs for the central years Of
each Of the last FIVE administrations ex-
cept the present. which would make a
better showing If we could have 1899 in
place Of 1897
REcEIPTs sRon cusroNA
1850, Cleveland. ..-..........".... Tl.10. .9d2
l6o0l. Harrison. ~, ,IpO,SD
i6oS6 Cleveland. d.................... a8.17,1n
l6ofe. Mckinley. Bo.SoA.d .d6l
These figures speak for themselves. but
we call attention to the fact that dur
ing Garfield > and Arthur's administra-
tion the Morrill, tariff WAS in operation
when in 1883 reduction Of tariff of
about 90 per cent was made. this being
in force during Cleveland's fret term
The Mckinley bill was in operation in
1890 and 1891. under Harrison. The
Wilson German tariff was in force in
1894 and 1895 during Clevaland's 8 last
term. and the Dingley tariff in 1897 and
1898 under Mckinley
Question S-Did the Republican
party frame the Mckinley bill to reduce
the revenues in the treasuTy. and. II So
what explanation has the party for paes-
ing the Dingley bill to increase the rev
enuet In fact how can the party ex-
plain its changes Of policy TO suit the
changes Of conditions. II the third ques-
tion Is truef
Answer. The total receipts from
customs during Garfield and Artiur's
administrations were ts2S. .844. Ss5
This. with the internal revenue tax.
placed large surplus in the treasury
Viz. 94l8. 900. 00O-which was used 70
pay on the public debt Cleveland ig-
| norant Of the hrst principles Of finance
and political economy. fsncied that this
surplus wss tax upon the ccnsumerA
and In his messages he condemned the
surplus - IN unnecessary and rutnous
tax upon the people rhe public mind
| became dsmoealised upon TIE qusseasa