The Republican journal. [volume] (Belfast, Me.) 1829-current, 1914-07-02
Orleans and Savannah to be used by the

Orleans and Savannah to be used by the
southern cotton planter.
During the last month of the Republl-
can tariff law the Pittsburg Steel Com.
pany that manufactures cotton ties paid
to its workmen $194, 900 every two weeks.
Now it pays to these workmen $l4,OOO
everv two weeks, The rest of this pay
roll, $3.50, 600 every two weeks has been
taken from them and given to the for
eipner. More than three thousand men
that worked for this company are out OF
employment wondering how they are 60
ing to earn their daily bread.
Only few days ago. the National
Tube Company Of McKeesport, Pa,
closed throwing out of employment g.
500 men. Their work and their wages
have been taken from them and given to
foreigners.
During the first three months of 1914
under Democratic tariff law our sale OF
cotton goods to the foreigner decreased
81, 200, 0OO Our purchases during the
same period increased 81. 100, 600 or
balance in favor of the foreigner of 3d.
300, 900.
During the first three months of 1871,
our imports of wooden and worsted goods
were 1864. $40, under Democratic
law. During the first three months of
1918 they were So, 254, 010 under Repub-
lican tariff, or balance of SIS, 4lO, 36O In
favor of the foreigner in three months.
In three months after the Underwood
law went upon the statute books Brad
ford, the great wooden and worsted CEN
ter of England, increased its sale OF
these goods to the United States 2SO per
cent.
\ Comparing this year with last year,
during the month of March the amount
we sold abroad at the port of New York
alone decreased $11, OOO. 200.
During the month of April at the same
port it decreased SIP, 600, 900. or Joss in
our foreign markets of 5000, 900 in
two months at this one post.
Imports increased for the same two
months in the port of New York alone
S26. 900. 900. In other words, during
March and April of this year under this
Democratic tariff law that was to give
US the markets of the world the balance
in favor of the foreigner at the port of
New York alone was SAG, 600, 600, or to put
it in another way, under the Democratic
tariff law now upon the statute books we
are losing our foreign markets at the
rate of $276, 600, 600 per year through this
one port. Cur tremendous loss OF trade
is shown more strikingly still when you
remember that our imports of material
used in manufacturing has decreased in
the first six months under the Under
wood law more than S48, 000.0 600. Each
month since the figures show still
greater loss of foreign trade.
During April, 1914, the last month for
which figures are available. as compared
with April, 1913, we bought from the
foreigner $36, 900, 900 more and sold him
$37, 900, 900 less, or a balance in favor OF
the foreigner in single month under
the Democratic law that was to give us
the markets of the world OF $73, OOO, 000.
During the first six months of the I'm
derWood law our foreign trade decreased
more than 500, 900, 900 as compared with
the first SIX smonths under the Payne
law. Our imports since the Underwood
law has gone upon the statute books In
six months have decreased 81 per cent.
Our exports during the same SIX months
under the Underwood law have decreased
81 per cent This shows how we are cap
turing the markets of the world under
the "new freedom" This shows the
result of SHARPENING our wits in compe-
tition with the cheap labor OF foreign
nations.
During the first six months of the new
tariff law as compared with the old tar
if law our revenue has decreased S25,-
OOO 900 during the same period. The
excess of expenditures over receipts has
been s37, 100000 During the same pc
riod last year under the Republican tariff
the excess of receipts over expenditures
was 81, 500, 900. or balance in favor OF
the Republican tariff law in six months
of $44, $780, 900.
Every day this Democratic Congress
is expending more money than the nation
is receiving. l predict that it will be
but a few months more until we will
have to again issue bonds to raise money
to pay the running expenses of govern
ment, thing that has not been done
since the last Democratic Administration
under Grover Cleveland. A Democratic
Administration and en- pity treasury
What memories of the past those words
recall.