The citizen. [volume] (Berea, Ky.) 1899-1958, 1907-05-16
WE SHALL HOLD our OWN.
So Long as We Cling to the Policy
That Brought Prosperity.


In 1900 our imports were sS2s,0ls.SS'
In 1906 they amounted to si,17s,fti,-
$50. and Increased last year 10 sl.s2i,-
OG4 6sf.
The exports grew in about the
same proportion. from sl,fiI,sfS,666
in 1900 10 si.626.S90.795 IN 1905, aSd
si,79S. 1885 last year. or the eS'
ports, ~ per cent. we're manufas
tured goods.
1t win be noticed that the balance
OF trade amounted to about the same
for 1906 as for 1905, but was nearly
third less than FOR 1900. As II is
estimated that Americans spend over
5000. OO0,0 600 each year In forAgn
travel and as much more goes 10 for
eIgners for ocean freights. 81 ~ not
hard to figure whore the profits from
this immense international trade
goes"
The foregoing interesting bit OF IN
formation from the Duluth News.Tri-
bane speaks palmer than words. Com
pare the figures with those OF ten years
ago and note the difference between
the operation OF the sonGorman
free trade Democratic tarin law and
The Republican Dineley enactment.
Il Is true that a number OF causes
contribute directly OF indirectly 20
our present Astounding prosperity, but
these do not initiate against the fact
that this prosperity did not begin until
the Dingley tariff was substituted for
the Wilson tariff. The effect OK the
latter. as all know. was most depr-ss-
Ing upon the business Of the country.
but Immediately after the election 81
President Mckinley IN 1886 there was
a quick revival OF Industrial and trade
activity because business men had
confidence that the policy OF bis al
ministrallon woald be favorable 70 DO
nestle industries and they could safe
~ risk investments In Industrial en-.
tcrprises.
The starting OF the factories IN.
creased employment. and that let
loose a large amount Of PURCHASING
funds. The revival OF the protective
policy and the certainty that .; would
continue for some years. gave CONF
dence and life 20 ali business activity
II may be said. therefore. that the
present prosperity Is chiefly due 20
the tariff policy: not that the tarin
schedules alone have created II, but
because Of its general effect upon she
business confidence and energy Of the
people, What caused the panic of
1898 was the election OF Cleveland
With the promise that a policy toward
our Industries would be adopted that
would threaten their destruction. Il
Is an interesting fact that after the
election Of 1896. business prosperity
began with about the same uniformity
that depression had set In with the
election OF Cleveland.
The late David a. Mason challenged
disproof OF the following postulaies.
and no free trade writer has veniurod
to accept the challenge.
1. An Of real prosperity IN the
United States has been under protec.
ton.
?. All OF hard times Ia tho Unlsed
States has been under antlpruteciion.
3. Prosperity never has returned
until after return 60 protection.
4. The farther congress. IN SIS tar.
IN. has departed from protection. she
more disastrous have been tho conse
quences.
Q. The farther congress has gone
In the direction Of full protection. the
more prosperous have The people be
come.
6. In all OF our national experience
there Is not even one exception 30
these propositions.
z Therefore. the issue between
protection and multiplication Is. ex.
penmentally considered. a chronic f.
sue between prosperity and hard
times.
And we shall continue TO hold our
own 50 long as we cling 20 the policy
that has given US all the real pros.
perlty we have enjoyed.
We must continue 10 follow the
cardinal principle which will continue
10 develop our resources and SO far as
noticeable m0nop0iize the home mar
ket first and then seek foreign mar
kct for our surplus. The fact Is that
our exports OF manufactures last year
amounted to s7O0000,000 in value,
having more than doubled In the last
few years.--Bay City Tribune.