The La Jara chronicle., 1904-10-28
is PROTECTION A ROBBERY?

Is protection robbery, in view of the
| fact that our savings banks-not national
| banks nor trust companies-hold more
than S3,30O.O00.OO0 on deposit, against
sl,74S.0O0.O00 in 1894, an increase of
Sl.oo2 100000 in ten years, of which
seven have been protective tariff years?
Is protection robbery, in view of the
| fact that the savings banks of New
York and New England alone. the banks
OF the working people, have more money
on deposit than had all the savings banks
of our country in 1894!
Is protection robbery, in view of the
| fact that the 1903 figures showed 1906
| 600 savings bank depositors, an increase
| of 2,2400OO since 1896?
Is protection a robbery. in view of the
| fact that the total deposits exclusive of
government bonds in our banking insti-
tutions generally in 1903 amounted 10
S9,613. 100000, an increase OF S4,I51.-
O00,0oO over 1896?
Is protection robbery, in view of the
| fact that our export OF domestic man
ufactures increased from S2I1 ,ooO,0Oo in
1897 Qast low-tariT fiscal year., TO S4j2.-
0O0,ooo in 1901 Nast complete protective
tariff fiscal year, an increase of S1IJ.-
100000?
| Is protection robbery. in view OF the
|
in 1901 fiscal year. was 51T, 10000 bush
els or 49,OO00O0 bushels in excess OF
1903 fiscal year, in spite of the fact that
our 1904 wheat crop was 30, OUU,U 600 BUSH
els short of that OF 1903?
Is protection a robbery, in view of the
fact that our production of pig iron in
creased from 100000 tons in 1894 TO
100000 tons in 1903:
Is protection robbery, in view of the
| fact that our coal production increased
from 152, 900, 900 tons in 1891 to $4,000
600 tons in 1903?
| Is protection n robbery, in view OF the
| fact that our cotton mills used up 1924
600 bales of raw cotton in 1903, an in
crease of 2,9i5.O0O bales over 1860, and
| 1,419,000 bales over 1896?
| Is protection robbery, in view of the
fact that in 1903 the cotton mills of
North Carolina, South Carolina and
| Georgia showed the following increase
over 1897. the last low-tarif fiscal year?
| Mills :. Observation-Disclosures. 1856
Spindles 3, .323
| Bales consumed ............ 16o, 462
Is protection a robbery, in view of the
fact that our public debt decreased from
So 900, 900 in 1860 to SS95, 600 600 in
1901, decrease of S1,436, 100000?
Is protection a robbery, in view of the
fact that our manufacturing and wage
earning interests show the following in
creases in 1908 over 1896?
Factories e. .......... 100000
| Factory workers ......... 3,ovO,00O
Factory pay rolls. yearly So, 900, 900, 900
Factory output, yearly. So, 900, 100000
Is protection a robbery. in view of the
fact that our importation of tin plate
decreased from 3S5,OOO,OOO pounds in
1896 to 100000 pounds in 1903, while
our manufacture of tin plate increased
from 359,0OO,0OO to S2O,OOO,0O0 pounds,
an increase of 416,000000 pounds, in
only six years OF protection?
Is protection a robbery, in view OF the
fact that since Abraham Lincou's first
election. in 1850, we show the follow
ing increases?
Increased exports 1904 81, 12I, 900, 900
Increased imports, 1904. 3S,OO0,OOO
National wealth ........ $1,000, ,uoO,O0O
Money circulation ... 20S6. 600, 900
Farms and farm property. T. 500, 100000
Farm products, increase
1904 :. ........ 100000, 900
Farm animals, excess
1903 ......... s,1o2, 900, 900
Government revenue, ex-
cess l9Of ............. 4S5,OOO,OO0
Increased petroleum prod
ucts, gals. ............ 2,64O,OOO,OOO
Increased copper produc-
ton. tons ............. 2G3, 1888
Increased corn crop. bush
els ...... ............ 1,5oo,ooo,o 900
Increased wheat crop,
bushels .... .......... 4G4, ,ooo, 900
Increased gold and silver
production ........ 1o1, ,ooo, 900
Increased cotton picked,
bales :. ............ 5,sGG, 900
Increase steam railway
mileage -. ........ 10000
Newspapers, etc, increase. 16,434
Patents granted. increase. 2G,S21
Sault Ste. Marie tonnage,
yearly increase ........ 1888, 600
American shipping, domes-
tic, increase, tons $50. o,391 600
And all the foregoing is only part of
what might he credited to the protective
tariff. WALTER ]. BALLARD.