The Springfield herald., 1904-10-28
is PROTECTION A ROBBERY

Is protection robbery, in view of the
fact that our savings bnnks-not national
banks nor trust companies-hold more
than $1,000. 100000 on deposit, against
$1,I4S,OOO.OOO in 1894, an increase OF
T,0o2.OOO.OOO in ten years, of which
seven have been protective tariff years?
Is protection Il 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 a robbery, in view of the
fact that the 1908 figures showed 1905
600 savings bank depositors, an increase
OF 2.240,OOO 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 to
s., 0,673, 100000, an increase of 81, I57.-
OO0,OO over 1906?
Is protection robbery, in view of the
fact that our export OF domestic man
factures increased from S271. .OOO,OOO in
1897 Oast low-tarif fiscal year., to S452,-
OOO, 600 in 1904 Qnst complete protective
tariff fiscal year,, an increase OF S115.-
100000?
Is protection n robbery, in view of the
fact that our home consumption OF wheat
in 1904 fiscal year. was 5lI,OO,OOO bush
els, or 49.OOO.OOO bushels in excess OF
1903 fiscal year, in spite OF the fact that
our 1904 wheat crop was 33,OOO,OOO BUSH
els short of that of 1903?
Is protection n robbery, in view of the
fact that our production of pig iron in
creased from 7.OOO.OO0 tons in 1894 to
1S,OOO,OOO tons in 1903!
Is protection a robbery. in view of the
fact that our coal production increased
from 152 100000 tons in 1894 to 3l9,OOO,-
600 tons in 1903?
Is protection a robbery, in view of the
fact that our cotton mills used up 1924
600 bales of raw cotton in 1903, an in
crease of 2,945, 600 bales over 1860, and
1,419,OOO bales over 1896?
Is protection a robbery. in view of tho
fact that in 1903 the cotton mills of
North CAROLINA. South Carolina and
Georgia showed the following increase
over 1897, the last low-tariff fiscal year?
Mills 1856
Spindles ,444,3 ,323
Bales consumed ............. 1b5. .4B2
Is protection II robbery, in view of the
fact that our public debt decreased from
81 ,331 ,OO0. 600 in 1860 to 1895. .OOO, 600 iu
1904, decrease of $1,43G.OOO.OOO?
Is protection n robbery. in view of the
fact that our manufacturing and wage
earning interests show the following in
crenses in 1908 over 1896?
Factories ............ 100000
Factory workers ......... 3,ovO,OOO
Factory pay rolls, yearly So. 900, ,OOO,OO
Factory output, yearly. IS, ,OOO, ,0OO, GOO
Is protection a robbery, in view of the
fact that our importation of tin plate
decreased from 3s5,OOO.OOO pounds in
1896 to 11O.OOO,OOO pounds in 1903, while
our manufacture of tin plate increased
from 359,OOO,OOO to $4,000, 600 pounds,
an increase OF 41G,OOO.00O pounds, in
only six years Of protection?
Is protection q robbery, in view of the
fact that since Abraham Lincoln's first
election, in 1860, we show the follow
ing increases?
Increased exports. 1904 ..$1,127, 100000
Increased imports, 1904. e3S.OOO.OOO
National wealth ........ .S4, 600. 100, 600
Money circulation ....... 2,OSG, ,OOO.OOO
Farms and farm property. Il, SOC, 100000
Farm products, increase
1904 :. .............. 2,7OO,Ooo,OO0
Farm animals, excess
1903 =. ............... 3.1O2 200, 900
Government revenue, ex-
cess l3O4 ............. 4SJ,OOU,OOO
Increased petroleum prod
ucts, gals. ............ 2,G4O, 600, 600
Increased copper produce
ton, tons ............. 2G3,3ss
Increased corn crop, BUSH
els ...... ............ 1900, 1000 600
Increased wheat crop,
bushels .... .......... 464 10000
Increased gold and silver
production ... ......... 101 100000
Increased cotton picked,
bales =. .............. 5,sG6,OO
Increase steam railway
mileage -. ........... 10000
Newspapers. etc, increase. 1G,434
Patents granted. increase. 2U,S21
Sault Ste. Marie tonnage,
yearly increase ........ 81 1888. 600
American shipping, domes-
tic, increase. tons .... 2,301 900
And all the foregoing is only part of
what might be credited to the protective
tariff. WALTER J. BALLARD.