Evening journal., 1914-05-25

vailed AS stated these figures tell Of that wonder
full expansion of trade promised by our Democratic
friends"
senator smoot then analysed and commented upon
the list Of import increases.
'"Then people wonder why so many Of our mills are
closed" he continued people are asking why so
many Of our laboring men are out of employment
These figures tell the story. Mr. President Instead
Of our aborng men making our goods, they are made
by foreigners and shipped into this country,
senator smith. Of Michigan, interrupted Senator
smoot but merely to reinforce the latter in his scath
ing arraienment of the Democratic tariff and the fail
ure of that party keep its promises to the people.
The Michigan statesman said that In the report of the
Secretary OF the Department of Commerce just made
he states the value of the finished manufactures inn
ported in six months According to this report there
was imported in months under the tariff, from
october / to April l. of finished manufactures, S22S.-
100000 against S215,OOOOO0 in the same period last
year an increase st3OOOO00 which would represent
a loss to American labor Of more than S2OOOOOO a
month i'm wages The value Of manufacturers material
imported in the first six months Of the new Democratic
tariff law $4690OO000 against $5l7OOOOOO last year.
In other words American labor worked with $5OOOO,-
600 less raw material during the last six months than
last year The value of the manufactures exported in
the first six months of the tariff law decreased
from $5S2 100000 to 100000, loss in American
trade of SAL 100000 in the last six months or little
less than SSOO0OO0 a month to American labor These
recent tariff changes and call loudly for reassertion
of the historic policy Of protection to American in
dustry and labor
Senator smoot resuming, said that If the $26446,26S
Of increase in the Importation of manufactured goods
required only fifty per cent of their value in labor
there was a loss of than $13OOOOOO to the labor
ing men Of the United States from increased mporta-
tons alone. He showed that not only do the official
figures reveal decrease I'm exports and an increase
in Imports but also decrease in consumption in
this country. The foreign goods in, and the
American mills prevented from making the goods.
The increased amount Of importation was formerly
purchased from American mills.
every dollar of importatons takes the place Of a
dollars worth Of goods formerly manufactured in this
country Senator smoot added.
He insisted that the import figures for April and May
would show the relative disastrous working Of
the Democratic tariff law against American industries
and wage-earners.
1T was freely admitted by Democrats that at the
close the fiscal year there would be from fortyhve
to fifty million dollars shortage in from the
collection OF customs under the Democratic tariff law.
but instead there being at the end of this fiscal year
a deficit of S50OOOOOO I want to say to the Senate
there win not be deficit of S3OOOOOOO" Senator
smoot said in conclusion. 80 the tariff law has had
the effect of increasing the imports than
Democratic friends contemplated that it would"
II will be difficult for any American manufacturer
wage-earner to read Senator smoots argument
with open mind and fail to be convinced that the
Democratic tariff is playing exceedingly important
part in producing the commercial and industrial
depression from which country now is suffering