The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1901-11-01

latest improved pattern. You have made
| it possible for one man no VITO ac-
! complish that which formerly required
ten men with the old implements. While
you have increased the usefulness and
utility of your machinery, you have sold
| it at decreasing prices. You have been
able to do this because you have con-
stantly improved the machinery in your
\ factories to make the machinery for the
farm. Invention has helped you as much
| in the factory as it has the farmer in
| the field.
THE United States Is the home OF the
agricultural implement. You control the
| trade here and have no foreign competi-
! ton. With 100000 invested in your plants
and with an annual output valued at $780,
| 900, the Importance Of your industry is
apparent TO everyone. You were once an
infant industry, but you have long since
grown manhood. You supply the market
here at home so completely that our
trade reports show no importation of ag-
ricultura1 implements.
within the past few years like other
manufacturers Of the United States, you
have given attention to the foreign
trade. You have boldly invaded the
countries Of Europe and have sold your
machinery in competition with the manu-
facturers there.
IN 1921 you exported only 100000 worth
Of products. In the fiscal year ending
June 90, 1901, your exports reached nearly
! SIC, 100000. With your annual product
amounting to $500, 100000 this export trade
| is a meagre part Of it, but trade that
has increased over 500 per cent IN ten
years is entitled to consideration and TO
promotion Ten and one-half millions Of
your foreign trade is with European
countries. Four and one-half millions is
with British North America, Argentina
and Australia
Your foreign trade is now greater than
ever before, and its importance TO the
whole country is apparent from the fact
that this trade may enable you to run
your factories at fun time the entire year,
while without it you might be compelled
to shut down for a time to permit con-
sumption to overtake production.
"The members of your association were
once only interested in the tariff rates
of this country. Like many other Of
our manufacturers, you now are more
tries. You realize how much you are
hampered and restricted in foreign trade
by the unfriendly tariffs of Germany,
France. Russia and other European
countries. We have suddenly become
large exporters of manufactured prod
ucts. In 1880 only u per cent Of our
exports were manufactured. Last year
81 per cent Of our entire exports were
I'll - ~
manufactured products shows the pro-
gress we have made in the last forty
wears. Il does not pay 10 export the
raw product The cost Of transportation
IS so great that in many instances the
entire value of the product is required
to transport it 10 the consumer. We
should export less OF our agricultural
products and more Of our manufacturer
When we manufacture finished prod
uct az home the workmen in our foctories
consume our agricultural products. and
this is much better than 20 send such
products abroad TO feed the employees in
European countries. Our exports Of
manufactures last year amounted 70 al
most one-haIf in value OF our ogrscul-
tural products, while in 1850 our man
ufactures amounted TO only one-sixth OF
our agricultural exports.
THE invasion Of European markets by
our manufactured products has attracted
the attention OF the whole world. and
our sEnl and ability IN the manufac-
turing line has at last been recognized
by al Our success 50 FAR. however.
has rot only attracted the attention q
other countries. but the manufacture ~
the American products viii surely meet
IN the future than IN the recent past
Threats OF retaliation are heard from
European countries. and = IS the DUTY 81
this government 70 give adequate en-
coursgeneut to the expectation q MANI
features.
You faTar reciprocity . assist you
in securing concessions and fair treat
nent abroad. Reciprocity means that
this country viii admit free or az a low
duty products We do rot produce n this
country. in consideration q the a5zis
sion of cur products AZ lover rates into
such foreign countries Il also means
that We VII reduce orr tar.S duties
on products Of countries which wili al
nit such products ct less thza ths.r reg
ulsr rates
The DIrEley law recognizes these tNo
kinds OF reclprocity- Section 9 authorizes
The president 20 make reductions q Ca-
ties OF q limited number = specified ar-
ticIes which we 90 nof pro.iucs ir this
country. Section althcri-eS TIE rrea-
i6eut with The canseas - tAe senate.
and the approval - congress. - rcs.ace
any 81 Ire duties 5raposed hT the Dfnr-
ley Law not more tllzn - Der csrt whsa-
ever such resectfoz szn BE ottzinrd trcu
suck other countries on goods or mar
cha1E.se oct impaired 70 tEcss cSuntr1ss