The Forrest City times., 1900-06-08
Teams of Information on Matters of
Interest to the General
Public.
nlpK SPOTS IN REPUBLICAN LEGISLATION
rrset OF Protection ON Farming In
tercsts-volume of Trade Is shrink
ing ohio Republicans Being
Dropped by the Administration
M sympathy for the Beers.
Especial correspondence


There are strong signs that the high
protective tariff party in Germany go
| inc to fight a series of pitch battles
with the German manufacturers over
the question of American markets and
American imports. The protective tar
if party in Germany is composed al
most exclusively of the farmers, who
cannot stand the intense competition
and low prices of American farm prod
nets. The prices of German farm lands
the German tenant farmers are rack
rented as badly as ever they are in
Ireland. Naturally the landlord ele-
ment don't want their rents lowered,
which will be the inevitable result if
/ American farmers are given free trade
with Germany On the other hand, the
German manufacturers want cheap
food products from the United States,
so they can sell their excellent man
uiactures in their constantly growing
markets all over the world.
But this situation in Germany is to
be taken advantage of by the protect
ed interests in the United States at
the expense of the farming interests
Of this country. Already there are
signs that the entire textile interests
of this country will unite in de-
mand for a still higher tariff against
| foreign goods For instance, there
are now within the United States
enough knit goods factories to sup
ply the entire American demand for
knit goods with nine months work.
Instead of trying to seek foreign
market for surplus products, these
| concerns will strive to monopolize the
American market by raising still
higher the tariff wall against foreign
knit goods.
The profits of knit goods are enor-
nous, and the knit goods combine,
which is practically a trust in its eff
fects, is making millions of dollars for
It's owners The labor cost in pair
/ OF stockings, knit by machinery, is
less than one cent, yet the manu-
taeturers make profit of ten cents
on each pair of stockings retailing
at 25 cents. The retail dealer makes
the next ten cents, and the balance is
charged up to raw material. interest,
insurance, deterioration of plant,
freight charges and the miscellaneous
Items of large businesses.
This new tariff programme which has
a hundred ramifications is to be kept
quiet until after the next presiden-
tiai election. If Mckinley wins, these
protectionist interests will know they
have the apostle of protection in the
white house to further their aims.
Ihe enormous foreign market for
american agricultural products, by
lar the principal material of Amer
lcan export trade, is to be still fur
'her ruthlessly sacrificed in the inter-
ests OF these vast trade monopolies.
shrinknge in Trade.
The shrinkage in the volume of
Trade within the United States is al
ready so marked and perceptible as to
| give grave concern to the administra-
uon. Its pet statisticians are bur-
uenlng the newspapers with columns
u hgures regarding the growth of
american export business. But they
neglect the fact that the domestic ex-
changes of the United States are
more than 20 times the volume of
.he entire foreign trade of this coun-
uy. During the past 80 days the
shrlnkage in domestic exchanges is
more than three times the volume of
our foreign exchanges for the same
period, All signs indicate that this
shrlnkage will increase, and as it in
.reases prosperity, even of the trust
variety, will disappear.
Republicans Going Down.
What is the matter with the admins
mation congressional supporters? In
ohlo i've republican congressman have
mus far been defeated for renomina-
.ioh-Brown, Weaver, Lybrand, Phil
ups and Kerr have been thrown over
BOARD. Shattuc and Bromwell are
marked for slaughter, and the hoary
ulosVenor had to promise on bended
Anees that he would re&uire at the end
'he next term, to secure his renom-
nation. Such is the reward for faith
,.lness to president who claims from
~ IN supporters undying fealty, but
"no gives nothing in return. AS mat
vi OF fact it is well recognized among
|.epuollcans in congress that there is
~. single bright spot in their legis
awe career during this congress
rnich entities them to the gratitude of
e'r constituents. 1t is in an endeavor
save the next house from the dem
|Slats that the republicans in so many
s,rlets have been compelled to pre-
80. new men to their outraged con-
'uehcies. knowing that the me N who
N'ea to- the Porto Rican infamy, and