The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1902-10-12

utmost importance to them to retain the
loot hold they have acquired in the
markets of China and to ext anl their
sales in that quarter of the globe. We
have been told that these markets were
very profitable. Senator Pritchard is
ii great advocate of of the retention of
the Philippines. even at a cost Of sew.
enty-fve millions of dollars Il var to
the people of this country. lie says
the, will furnish 4 gateway 10 The
markets of China, and that the contin-
ued prosperity and extension of the cot
ton milling interest of the Souta de-
ponds upon this market for the safe
OF their product If China is profita-
be market for the cotton manufactur-
ers of the South, it is because they are
able to compete with the English End
German cotton manufacturers upon equal
terms in the market-because they can
make and sell their goods as cheaoly as
the cotton manufactures or any
other country Ii Southern cotton goods
can be sold in China at Il profit as
cheaply as English and German cotton
goods can be sold there. surely the 10
per cent. advantage which the Wilson
tariff bill gave them over the foreigner
in our own markets ought to be amply
sufficient to enable them to control the
home market. The truth is. the cotton
manufacturers of the South receives
practically no benefit from the tariff,
either the 43 per cent. of the Wilson
bill or the - per cent. of the Dingley
/ bill Nobody knows this better than
t-eur cotton manufacturers. They know
[ what they want is Il freer entrance with
/ their goods into foreign markets. and
that the Dingley tariff is hindrance
! to this. They know that they cannot
sell their goods abroad if our tariff sched-
ules are so high as to exclude from our
markets the products of the nations
with which they would trade. They know
that what they need is lower tariffs or
reciprocity. Cuba would like to buy her
cotton goods from the South. but she
cannot do so because of the practically
prohibitory duties imposed by the Ding
! ley tariff upon the chief products of that
country. France would take IL part OF
our cotton goods, but she will not trade
with us because of our high tariff duties
against her. On account Of these, she
is today imposing discriminating dirty
against many OF our staple products.
/ We cannot sell her iron because. in
! retaliation against our high tariff sched-
I ules, she imposes Il duty of 90
ton more upon American steel rails
than she does upon English steel rails.
For the same reason. the Frenchman
can buy mowers and reapers for from
! % to 30 per cent less in England and
! Germany than in America.
RUSSIA'S RETALIATORY POLICY.
Russia has for the same reason
adopted a retalatory policy against Us
and. by imposing discriminating duties
upon American products, has practically
closed the doors of that country as Il
market fer the products of our fields
and cur factories. Not only France
and Russia, but the whole world. is dis
cussing the greed with which we seek
the markets of our ncighbOrS while
closing the DOORS of our markets to
! ahem.
PROTECTIVE TARIFF AN IMPEDI-
/ MENT TO TRADE.
| The greatest impeachment today of the
growth of our foreign export tlade is
found in the Republican protective tar
iff. Blaine saw this many years ago.
and even Mckinley, the High Priest
of protection, saw it before his death.
In his last public utterance he de-
manded a reduction of tariff duties by
reciprocity. as Il thing necessary 10 the
continued expansion aud growth of our
foreign commerce. IL wv.
FrurEcT1oNEHAs >Nof{1NcREAsED
II THE PRICE OF LUMBER.
We are told that protection has great
ly increased the price of lumber; that
lumber sold for 900 Il thousand ulIder
Cleveland and the Wilson bll,, and as
now selling under the Dingley bill for
$500 a Thousand. The duty upon yell
low pine lumber is only 500 a thou
sand and only SLIGO on whine pine. Ii
the manufacturers of lumber should
get the full benefit of this protection,
it would only increase the price of lum
Der $500 per thousand. If protection
has added THAT What has added the
other 500 increase in the price of lum-
Der? If that other thing, whatever it
is, has Increased the price 500. why
may it not have Increased it the full
amorrt, or $500? How does duty, of,
$500 thousand exclude Cstnaslitui
lumber when the price has increaseU
$500? Can not the Canadian manu-
facturer pay the 500 tax and still have
Il profit of 500:
MORE LUMBER IMPORTED UNDER
THE DJNGLEY BILL
The absurdty of the Republican con-
tention that qhe present high prices of
our lumber is because the Dinglcy tariff
excludes from our markets the lumber
of other countries ir' shown by the
fact that under the Dingiey rariff, in
1900 there was imported into this coun-
try S20,591 .90S worth of wood and
the manufactures of wood. while under
the Wilson tariff i'm 1895 there was
imported into this country only S11,-
S1l,111 of wood and the manufactures
of wood This shows that it is not the
Dingley tariff which has made our high
markets, but that our high markets
have made the Ding,ey tariff of 10 eff
feo in checking foreign competition ,,
in the products of our forests.
TARIFF HAS NOTHING TO DO WITH |
PRICE OF LUMBER.
The truth is, the tariff has had moth
ing to do, with the increase in the price
of North Carolina lumber. 1t does not |
compete with Canadian lumber. Theirs |
is the white pine and the hcmlock. We |
have no white pine to speak Of, anu our |
hemlock is not considered meItlanta-
BILE and is not being manlIfactured Tor |
lumber. There are two causes tof the !
increase in the price of lumber III this |
of n T. 4