Pine Bluff daily graphic., 1901-12-03

IS needed Is maintained, ana that recI- proeity be sought for so far as it can safely be done without injury to our home industries. Just how far this is
 must be determined according to the individual case. remembering always that every application of our tariff pol , icy to meet our shifting national needs must be conditioned upon the cardinal fact that the duties must never be reduced below the point that will cover the difference between the labor cost
 here and abroad. The we'll being of the wageworker is prime considera- ton of our entire policy of economic legislation.
 Need For Wider Markets.
 Subject 10 this proviso of the proper protection necessary to our industrial we'll being 1t home, the principle of reciprocity must command our hearty support. The phenomenal growth of our export trade emphasizes the ur- gency of the need for wider markets and for q liberal policy in dealing with foreign nations. Whatever is merely petty and veXatious ill the way of trade restrictions should be avoided. The customers to whom We dispose of our surplus products i'll the long run, directly or indirectly, purchase those surplus products by giving Us some thing in return. Their ability to pur- chase our products should as far as possible be secured by so arranging our tariff as to enable us to take from them those products which we can use without harm to our own industries and labor or the use of which will be of marked benefit to us
 It is most important that We should maintain the high level of our present prosperity. We have now reached the point ill the development of our in tereSts where we are not only able to supply our own markets, but to pro- duce q constantly growing surplus for which We must find markets abroad. To secure these markets We can util- ize existing duties in any case where they are no longer needed for the pur- pose of protection. or in any case where the article is not produced here and the duty is no longer necessary for revenue, as giving us something to offer in exchange for what we ask. The cordial relations with other na- tions which are so desirable will nat urally be promoted by the course thus required by our own interests.
 The natural line of development for policy of reciprocity will be in connec- tion with those of our productions which no longer require all of the sup l port once needed to establish them CTS where either because of natural or of economic causes We are beyond the | reach of successful competition.
 ask the attention of the senate to the reciprocity treaties laid before it by my predecessor.
 The Merchant Marine.
 The condition of the American mer- chant marine is such as to call for inn mediate remedial action by the con gress It is discreditable to us as q nation that our merchant marine should be utterly insignificant in com parison to that of other nations which we overtop in other forms of business. We should not longer submit to condi- tions under which only q tritlng DOT ton of OUT great commerce is carried in our own ships To remedy this state of things would not merely serve to build up our shipping interests, but It would also result in benefit 10 all who are interested in the permanent estab- lishment of wider market for Amer ican products and would provide dn auxiliary force fer tine navy. Ships work for their own countries just 2, railroads work for their tefmiha poin4s Shipping lines, if established tf the principal countries With which wt have dealings, would be of political a! we'll as commercial benefit. From ey cry standpoint it is uaWise for the United States to continue to rely upoI tho Sh.l1S af cnmnptin in2 nations for tlt !