The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1911-12-17

OF the things they export to us would
be much more apt TO bring about the
right conduct towards US with regard
to potash and cottonseed oil and other
Things than threatening them with tax
punishment"
Senator overman. of North carolina
Il certainly am in favor of any meas
ure that does away with the dlscrimi-
nation and unfair treatment toward
the United States. I favor such re-
taliatory measures as are eecessary to
protect this country against the dis
elimination OF other countries toward
our trade The potash question most
assuredly should be settled. and in
such manner that the users of ferti-
lizers in this country should not be
| placed ct q disadvantage"
Representative Brantley. of Georgia
| while do not want u forestall any
action on the part of the Committee on
Ways and Means. OF which am a
member. believe that as o general
business proposition we should make
every effort TO protect the business
OF our country against any unjust dis
elimination on the part of foreign
governments.
we have the power to protect our
selves. and we are Justified in using
this power in this connection. Dis
elimination on the part of foreign
governments against certain American
products is detrimental to the com
meTce of this country. and as a gem
eral business proposition 1 ooiieve
that we would be justified in retail
atins. Graduated retaliation. as ! un-
derstand. is the scheme proposed by
the Secretary OF State in his letter to
Mr.. Underwood.
II have not had the opportunity to
read the Curtis bill or the letter OF
| the Secretary OF State as thoroughly
as l would like, and therefore am not
in position at this time to make a
more definite statement"
Representative Small. OF North Caro-
lima: Until there shall be q revision
of the tariff and a substantial reduc-
ton of import duties. it seems TO me
that the Recommendation OF the Sec
rotary of State contained in his letter
to Chairman Underwood should be en-
acted into law. So long as the pres
ent highly protective rates in the
Payne law remain in force. we HAY
expect to meet from time TO time at
tempted retaliations upon the part of
foreign countries.
One OF the evil results of a high pro-
tective tariff is to restrict not only
imports. but also exports. The people
of country may not expect to sell
mutual in order to be profitable to
the countries which exchange theft
products. If we place high proh1 BIZ
tory duty upon products which other
people hava to sell, we cannot expect
them to encourage the purchasing of
our own products This relation exists
| to-day between the United States and
other countries, and this is the reason
why the latter attempt to discoura ge
in their own interest the purchase Of
some Of our products OF which we
make surplus. and why they at
tempt TO make It difficult for us 70
purchase such OF their own products
Of which they have the monopoly.
The South has suffered from the
retaliation of Germany In restricting
the sales of potash, and Austria Hun
gary and Italy have attempted to bar
the lie and consumption OF cotton
seed oil. Until tho Democratic party
snail have the opportunity OF reduc-
ing tn present restrictive tariff and
thereb- promoting our foreign COM
msrce and our prosperity, believe
that section two OF tho Payne tariff
law should be amended as recommend
cd by the Secretary Of State in order
mat our government may meet these
retaliatory measures and secure to our
people an opportunity to get In ION
the ground floor" In our trade relation
with all foreign countries. This pur-
pose, as understand, Is sought to
be accomplished through the bill In
PRODUCED by Senator Curtis, end favor
ably reported by the Senate COMMITTEES
on Finance during the Closing days OF
the last Congress-"
p. II. MEG.