Milford chronicle., 1904-10-28
IS PROTECTION A ROBBERY

Is protection a robbery, in view Of th'
fact that our savings banks--nD, ha;iOna
banks nor trust comp laieS-h5ld mors
than S3300O00.OO0 on deposit against
$i74S,0O0OOO in 1894. an increase OF
Sl,552.OOO,00O in ten years, of which
seven have been protective tariff years1
Is protection robbery. in view Of che
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 a robbery, in view OF the
fact that the 1903 figures showed 1906
GOO savings bank depositors AZ increase
OF 2.240O0 since 1857
Is protr'- "a a robbery ip view of the
fact the. ,otal deposits (eXciusive OF
governmeus U5udsi in our banking insti.
tutions generally in 1903 amounted TO
| S9.613OO0-000. an increase OF S4.757.
OO0OO0 over 1896?
Is protection a robbery, in view OF the
| fact that our export of domestic man
ufactures increased from S277 ,000. 900 in
| 1897 CAST low-tariff fiscal year., 20 $751;
| 00OOO0 in 1904 0ast complete protective
/ tariff fiscal year.. an increase of SlT5.-
! 0OO.000s
! Is protection q robbery. in view Of the
| fact that our home consumption of wheat
| in 1904 fiscal year. was 5lT 100000 bush
| els. or 49000O90 bushels in excess or
1903 fiscal year. in spite of the fact shat
our 1904 wheat crop was $1,000 GOO BUSH
els short of that Of 1903?
Is protection robbery in view uf the
fact that Jar production Of pig iron in
CREASED from 100000 tons in 1894 to
lS.U1JO00 tons in 1903?
Is protection a robbery, in view Of the
fact that oar coal production increased
from l52 .0o90O0 tons in 1884 10 $4,000
600 tons in 1905?
Is protection Il robbery. in view OF the
fact that our cotton mills used up 1924
UJ bales OF raw cotton in 1903 an in
crease OF 2.945U00 bales over 1850 and
l4l9UU0 bales over 1886!
Is protection robbery. in view Of the
fact thar in 1903 the cotton mills Of
North Carglna, South Carolina and
Georgla showed the following increase
ovet 1897, The last lowtariff fiscal year7
Mli'S .......-4.-........- lSo
Sphdles ............,....... .3.444.323
bales consumed -..........-. 80, 462
Is protection robbery. in view Of the
fact that orr pubii. debt decreased from
@..3'il .0UHOJO in 1860 to SS9j.O0J 600 in
l"U4, decrease of $1.43G.OO9O0U?
Is protection robbery in view Of the
fact that oar manufacturing aud wage
earning interests show the following in
cfeaSes in 1903 over 1896:
Factories ....- 24oooO
Factory workers ..... 3.atL000
H..f-f.FwV t1s
Factory ogipli yearly .. 81 O0G G,UO9O
IS proie tion robbery. in view Of The
fact ilai oHr importation of lin p!ate.
decreased from 3S5O0000 pounds in
1896 SO IIu0JU.UO0 puuadS IN 1909. while.
our manufacture OF tim plate increased
from 35g.000GiO TO 10000 600 pounds.
an increase OF 4lGOO0gO0 pounds in
only siX years of protection;
Is protection a robbery. in view OF the
fact tilt since Abraham Linroln's FIRST
election. in 1850. we SHOW the follow
ins Increases?
Increased exports. 1904 .Sl.l27O0pOOO
increased imports 1901. 3Su3g00O
National wealth ......... .S4OOJ.Jl00O0
Money circulation ....... 2.0sGOJOV00
Farms aud farm property 12.5uUUJJO0
Farm products increase
1904 .............. 2,700O000OO
Farm animals excess
1903 ............... 3.IO2.000OOO
Government revenue. ex-
cess 1904 ........... 4s5.OOoOOO
Increased petroleum prod
uc's. gals. ............ 2.G40.00oOOO
Increased copper produc-
lion. tons ........,.... 2o3,sss
Increased corn crop. bush
els '...... ............ 1,5OoOOoOOO
Increased wheat crop,
bushels .... ........ 4G4.O0OOOO
Increased gold and silver
production ......... lol,OOO.OoO
Increased cotton picked,
bales ............. 5,sGG.0OO
Increase steam railway
mileage 49, ........... 10000
etc, increase. 1G.434
Patents granted. increase. 2GS21
saut Ste. Marie tonnage.
yearly increase ........ 27.333 600
American shipping, domes-
tic, increase, tons ... 2.39i00O
And all the foregoing is only part OF
what might he credited to the protective
arif WALTER J. BAILAED.