Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1913-04-17

at the prospect of vastly ENLARGED MAJ
kets in America. Trade papers %
Europe look upon the Democratic tar
| IF bill as certain to give great sunni
| !us to European imports. The same Is
| true in Latin American countries, whlls
| Canada is safe in counting tn profit
prepo,tienally to a greater extent thar
any of the other benefioiaries.
| Looks like world wide reciprocity,
| with the necessity of foreign countries
making concessions to us obliterated,
| desn't it, The farmers of this country
| forsook Taft, much as they liked him,
because he advocated a reciprocity pei
! lev which they believed meant asricut-
tural depression. Now the farmer gets
hit from every quarter of the globe
with reciprocity" missile.
One of the most impressive facts To
be considered is that American tariH
revision will not revolutionize world
supply and demand. nor wolld-prices.
The detrimental effect must De here,
and the advantage abroad. That Is why
foreign trade and producers are retoie-
ing today.
The ST. Louis Globe Democrat sagely
remarks
The Democratic party has undertaken
to prove that the price of tsod can De
reduced by lowering tariff duties ana
treating tariff protection not only as =
public injury, but as policy that VIC
lates the Constitution. AS the party
that takes this stand is in full executive
and legislative control and is at WORK
on the task it has eourted, II must
now proceed to make good. or run
against a failure. which viii not he IT'S
first. 1t must show 1T the start that
il is-capable of a sufficient degree oi
harmony to carry through tariff pro-
ssra,nme. Next must come the lowering
of prices promised, and without evil re-
suits that would more than counter
balance the advantages. Whatever theN
might be. Consumers are looking on
and are in constant touch with the cost
of living. They will know exactly what
happens in this respect.
I.e, us follow. not with Il prediction
but by calling to the minds of ear read
ers, the result OF free wool in the eleve
ian1 administration. Wool growers on
this country became discouraged over
and prospects and SEM then
sheep to the slaughter houses. thus
bringing about a shortage Of American
wool and mutton. Lei us suppose that
another shortage of American wool fol
lows the present extraordinary session
of Congress. In such case instead of
reducing the much-talked about high
cost Of living by providing cheap raw
material" would enable the exporter to
raise the prices of raw wool to the loss
of the public and his own gain
Already number of New England
cotton and wooden mills have closed
DOWN until the new basis can be more
definitely determined. and will remain
closed. they say, if the outlook does nos
brighten.
Here is another significant thing TO
think about While American mills are
closing and turning laborers out OF en-
ployment and creating domestic disas-
Ter in American homes, all TO prove
the Democratic gamble that a slaughter
of protection to American labor VIII
reduce the cost of living, in Europe and
South America and Canada they are
starting new industries and hiring new
workmen on the strength of increased
and better markets in America.
Thus far the House seems unlikely
to modify the committee bill. The Ser
ate may do so. Let us hope for great
modification of the tremendous pioW IL.
American farmers, but let us be pre-
pared for the worst and make Few
notes as we go along, for use in pehtl-
cal campaigns TO come