Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1902-09-17

& We grow no cotton, We have little ii
. any wool, iron and steel and coal come
from West Virginia and PENNSYLVANIA;
we are, therefore compelled to puf-
4 chase this raw materal at a distance,
bring il on here, manufacture 1T. and
II then return it west For a market. since,
4 under present conditions, we can have
10 domestic trade to the north and east
of US.
1--WE are brought daily into compete
4 ton with the great establishments OF
Il the west and south. having raw mate
i rails at their Very doors, and it is this
4 fact which is taking away today the
large manufacturing industries of New
4 England and planting them in other
4 portions of the country.
4 II am so firmly convinced of this that
/ believe that unless there is q read
/ justment of the tariff on the lines of
4 treer raw material the next ten years
4 will see our great shoe manufacturing
! establishments, our cotton and WOODEN
i mills, our iron and steel plants march
4 out of New England to the west, where
4 they will get their wool and hides at
their doors. to the south, where they
will pick cotton from the fields, to
! Pennsylvania and Ohio, where they will
| Gig the iron and coal from the mount
ain side and transform it oh the spot
4 INTO the manufactured article.
i But our actual losses from a former
condition of leadership have been far
/ greater than could be measured by any
J, one industry, however important. There
4 was a time When New England led in
the commercial and industrial enter
prises of the country.
The control of these great business
enterprises has passed out of our hands.
With these changes we have lost not
only our industries, bl,t many of our
great leaders.
How much longer must we keep our
/ hands from the iron ana coal of Nova
Scotia? This is the one essential to the
restoration of our industries. Give us
!, the cheaper light, heat and power
which free coal from Nova Scotia
would supply, and YOU would quicken
every New England industry with new
life.
80. yes some one will say, you are
| for the protection and development of
New England but not for Pennsylvania
and West Virginia. I am for their pro-
lection when they need it. not other
| wise.
Does any one here mean to say that
the steel trust needs the same degree of
protection as when the iron and steel
business of the country was an infant
Industry? Its enormous capital of ST.
40O,G00,0c0, with annual profits in ex-
cess of s140,0o0,O00. is in itself protec-
ton. 1t builds the bridges of South At
RIGA and India, and successfully conf
petes in every market in the world.
Surely this industry does not need
the ,iame degree of protection as for
merly. The question is. are not the
present schedules higher than neces-
sary? Have not the conditions of this
industry changed since the Dingley law
was enacted in 1897? III SO. will harm
come to this magnificent industrial de-
Selopment of which every American
may be rightly proud while he may
also at the same time be alive to its
perils?
And if it Is true that iron and steel
need less protection than formerly, or
according to President Schwab, as re-
ported, none at all, what about coal?
Is not the coal combination, with its
merger of railroads. in the same posi-
ton as the steel company, as regards
the needs of protection? 1t is no longer
an infant industry.
The duty on bituminous coal (there
being none on anthracite) is 81 cents
per ton. is estimated that the annual
consumption in New England is 60.00O.-
600 tons of bituminous coal. What an
enormous tribute is paid annuf Y byI
cur industries above the cost for light. |
heat and power to the manufacturers in
the central west!
Our trade with Canada is greater
than that of all the other countries of
the western hemisphere combined
Canada, therefore, is the one above ali
others with whom we should seek to
carry out friendly and reciprocal rela-
tons of trade. We hsG reciprocity
treaty with Canada in 1854 that ex-
tended to 1867, and during that time
there was strong and sympathetic
feeling between the two countries. a
feeling that might possibly have led to
If that had been accom-
plished what untold advantages might
have come to both countries!
Nov. Canadian trade conditions are
eminently satisfactory, but the diff 4
Guilty is that they are not likely to con-
tinue So unless we are prepared to do
something toward meeting Canadian
wishes in the way of giving her mar
ket for what she has to sell.
canadian trade with the United
States is now on most satisfactory
basis, as far as concerns the United
States, for the actual balance of trade
against Canada and in favor of the /
United States in 1901, excluding gold
was nearly $72.000,000. while the ball
ance in trade between Canada anG
Great Britain for the same period wae
nearly $62,O00,000 in favor of Canada.
In the face of these facts do we wonder
that Canada is doing everything in her
mower to increase her trade with the
mother country as against the United
States?
"There is already a tendency to dis
criminate against American goods, and
as a result our leading manufacturers
are locating branch factories in Canada
in order to hold their trade. Nearly all [
of our leading concerns have already /
Gone or will soon do this. The agents /
of our own company have been telling
me for a year past that unless we took
this step promptly we We're in danger OF
losing our Canadian trade. How much
better for American labor reciprocity
treaty would be which would keep our
factories on this side of The line. Such
a trade policy as we now have is not
only building our factories in Canada,
hut also in England and other foreign
countries.