Ottumwa tri-weekly courier. [volume] (Ottumwa, Iowa) 1903-1916, 1914-06-27

S'SH IcpTeeentAtIveD' Sono,
engen & Woodman, Mailers Building
Chicago; 225 Fifth Ave-. New York
City; Gumbel Bldg, Kansas City. Mo.
OUR LOSS OF TRADE.
BY citing figures compiled by the, de-
psrtment of commerce and bearing on
our trade relations with foreign coun-
tries. Senator Reed Smoot of Utah IS
causing the administration senators no
little trouble in defending the tarln
laws now In effect A month ago the
senator from Utah arose in the senate
and with q table showing the trade
movement for March before him,
showed how this country is importing
more and exporting less than 1t dld
under the protective tariff which has
recently been supplanted by the demo-
cratic tariff bill. He explained tnat
greater imports and fewer exports
could mean only one thing-that
American labor was losing It's marKeI
and the country its gold at the same
time due to the competition with the
cheap labor of Europe. No enort was
made to combat his figures but the
claim was set up by his colleagues on
the democratic side of the senate that
the month of March Just happened TO
have the balance of trade on the wrong
side Of the ledger.
Publishing of the reports Tor April
gave Senator Smoot chance to an
swer this explanation and here Is what
he said on the floor Of the senate
apropos the tariff and trade situation:
MI. President, a month ago today l
called the attention Of the senate 70
the imports and exports for the month
of April 1914. desire now to &C.
cupy about five minutes of the time or
the senate In calling attention to the
imports and exports for the month OF
May, 1914. ~,
The total imports for May, 1914,
we're. $163,637,3S6. For May. 1913.
they were $133, 723,713, or an increase
NJ importations for the month OF May,
1914 over the month Of May. 1913, OF
$29,913,e73.
The total domestic exports IN May.
1914. were $157. 406,572. decrease OF
S33.649,22s compared with the month
Of May, 1918.
taking the imports and exports to-
pether they show loss to our COM
nnerce for the month Of May OF this
wear Al compared with May, 1913, OF
$6s, 5e2,so1.
7 cali the attention Of the senate to
the statement made IN the senate
one month ago, showing loss TOT tna'
month. taking imports and exports To-
eether, OF 500 ,s90,s49, a little more tnan
for the month of May this year.
For April and May the loss amounts
to s127,453,75O. The $29,913,67S IN
crease in our imports means 1dleness
for thousands Of our workmen. the
400 .913.67s increase Of imports OF goods
simply takes the place OF that many
goods made by American workmen:
From today's statement OF the
limited States treasury at the close OF
business June 1894, received this
morning, see the revenues from Gus
toms receipts for June to that date
were $14.753,S 11.23, and for the cores
nonding month and date Of the fiscal
wear 1918 they were only $13, 734,l95.o4,
or An increase Of $1,019,615.69. not
withstanding the great decrease IN the
rate of duties charged as compared
with year ago.
The month Of June Is in fair way
OF making a worse showing than elmer
April or May Of this year.
I also call attention to the amount
and increased percentage OF 1mporta-
tions of certain lines of goods ready
for consumption during the month OF
Nav. 1914, as compared with the month
az Nav 1913. (See table on this page.)
In this connection simply want to
call attention to some of the increases.
For instance, lace and lace articies'
1O4 per cent; leather and tanned SKINS
ia per cent; silk and manufactures
Of silk. 401 per cent; wooden clotns'
39S per cent. I shall not continue
further, but will simply say that the
average increase on goods ready for
CONSUMPTION in the items named Is l29
per cent for the month of April.
Mr.. President, considering the i'm
ports and exports, there is no wonder
that gold expectation should be taking
Mace and If there Is not change be-
fore many months in the amount OF in
creased imports and the amount Of de-
creased exports. we may we'll wonder
what is going to happen to our finances
IN the near future. It can not be
otherwise than detrimental. We can
not have this amount Of trade ming
against us without some disastrous
results.
| simply call this to the attention OF
the senate now, because there was
some question raised in the senate
when heretofore called attention to
the imports and exports of the month
of April, and it was then commended
that it merely happened for that
month.
CHILD DEFORMITiES.
It Is an old saying that man is only