Amarillo daily news. [volume] (Amarillo, Tex.) 19??-current, 1912-04-28


per cent over home demand aud this
enormous surplus must find mar
ket abroad. Then comes wheat with
an annual production OF 700 million
bushels. valued at $40 million dol
lars. and a necessary expectation OF
about 20 million bushels Next Is
hay with an annual production OF
80 million tons, valued at $50 mir
lion dollars, necessitating an expor-
iation of 5000 tons. Then We have
oats with an annual production OF
one billion bushels, valued at asa
million dollars leaving a surplus over
home needs of over a million and
a half bushels. Barley is next with
an annual production OF 162 million
bushels, valued at "a million dollars.
and a necessary expectation OF
million bushels. Turning to farm
animals and animal products, we
have 20 million cattle in the United
States, valued at billion and a half
dollars, with surplus OF 10000
for export, valued at ! 3 million dol
lars. We have hogs and sheep val
ned at zoe million dollars and En-
port both in large quantities. Poul-
try with n value Cf 242 million dol
lars; eggs, with a value OF 362 mil
lion dollars butter. cheese and milk
with. a value of about $50 million
dollars and rapidly finding their way
into the same category. These are
ticles." said Mr.. Sheppard, "consti-
tute about nine-tenihs OF all farm
products In the Unuited States. We
see that the farmer, especially tbs
cotton farmer, must have foreign
markets for the disposition Of his
surplus Or suffer stagnation. power
" and distress His poverty and dis
tress would mean poverty and dis
trcss for the entire country. While
he has occupied about all the arabic
lands OF the republic. an area OF
about s75 million A,gts GA, aoC..
halt OF this area Is improved. Hls
further progress and the develop
ment OF this unimpro,ed area will
depend more and more on wider for
eicn markets To sell advantage
ously in foreign markets we must
take some commodity from foreign
markets Ia exchange, we cannot al
WAYS sell and never buy. In proper
ton as We facilitate the interchange
loi foreign commodities with ours will
We be able 10 secure better mar
Rets and better prices abroad. AID
this Is of special importance be-
cause as rIle the price OF the sur
plus abroad determines the home
prize The protective tariff in plar-
ing enormous rates on foreign goods
many OF them absolutely prohibitive.
has dona more 10 inter fera vita the
sale OF Our farm products abroad
Than any other single agency. Ma
lion after nation. in retaliation for
our excessive tariffs. has placed high
tariff rates and ether yeXations re-
strictions on our commodities seek-
ing their markets. especially our
farm products 10 such an extent
that recently Secretary of State Knox
brought the matter to the attention
Of Congress and practically suggest
ed n trade war with certain coun-
tries tie did not seem 20 rcaliIs
that negotiations for mutual redue-
ton OF tariff charges would do more
10 restore amicahlc relations and in
crease our trade than any ether pos
sible step"
Free Raw Materials.
Mr. Shepard next took no the
controversy over the taxation OF GER
tain raw materials Of manufacture.
1t Is unfortunate" he said that
n controversy or ills subject should
exist among Democrats All Demo-
Gratis are opposed 10 protection. aud
believe that tariff taxes should he
levied for rcNCrae only, IL levied
~ all. because the government has
NOT the right 70 take one penny Of
the peoples earnings except for the
. expense of government economically
administered n in order 10 remove
. protection from the finished prod
b uC' b. is necessary 20 remove the
duty from the raw material Of
. that finished product. Is Is
s not Democratic 10 do 500 reai-
, firm my position In my opening
81 speech 40 Paris which was to tho 81
% vect that II protection is removed
, from the finished product there can
' he no discrimination in removing
= the tariff from the raw material OF
7 that product would never vote TO
= take a purely revenue tax from the
. raw material IL protection Is TO he
: retained on the finished product. II
J would be useless 10 do so because
the protective rate On the finished
product would he'd the price as high
as ever. voted for the ten per cen.
tax on hides when the PAYNE hill
; was being considered In the House
because under the special rule NO
; opportunity was offered to remove