The silver state. [volume] (Winnemucca, Nev.) 1909-1925, 1915-09-09
EUROPEAN WAR HAS
v THE

Caee more the Democratic admins
tration has added its own testimony to
the already large accumulation Of evi-
dence of its own errors Of economic
policy. Once more it has added to the
mass of proof that it was Democratic
tariff legislation that turned the trade
balance against US and the European
war that turned the balance once more
in our favor. BY its own records, the
Democratic party is indicted, tried and
convicted.
This latest contribution to its own
discontinue is in the form of a report
Of imports and exports for the month
of July, which report has Just been
made public. For that month the bal
ance in our favor was 1924, 1870.
During the corresponding month in
1914, just before the war began, the
balance was against the United States
to the amount of s5,52s,344, whereas,
in the same month in 1913, while Re-
publican laws were still in force, the
balance was in our favor to the amount
Of $21, 929,00s.
Every line of this July report con
firms the assertion frequently made by
Republicans and denied by Democrats,
that it was the wal that saved the in
dustries of this country. Secretary Red
field is again diseredited by the Stats
ticians of his own department. No
wonder that his retirement from the
cabinet IS considered imminent.
During seven months ending with
July, 1915, imports fell off 11.6 per
cent as compared with 1914, or a saw
ing to the working people Of the Unit
e5 States of $132, 100000 for that pc
rod. The war shut out foreign pro
ducts to that extent and the American
laboring man was saved from that
riueh competition with Europe.
During seven months ending with
July, 1915, exports increased 81 per
cent as compared with 1914, or a gain
TO American industries to the extent Of
sos, 100000 for that period. This in
creased demand for American products
was entirely due to the war in Europe,
for there had been no other change IN
conditions to create an enlarged mar
ket.
Exports in July, 1915, were the high
est ever recorded for that month.
amounting to $267, 97s,990. The pre-
vious high record for that month was
IN 1913, while Republican laws were
still in effect, when the total was $780,,
900, ITS.
In other words, American laborers
and business men may credit the Euro.
pean war with the contribution OF
5000, 100000 to American industry in
this one month, though even this large
addition has not been near enough to
make up for depression in domestic
trade, which still languishes, while the
unemployment problem still confronts
public and private charitable institu
tions in most of the large cities.
This July Commerce report serves,
also, to impress upon the minds Of the
American people the seriousness of the
situation that would exist if the war
should suddenly cease and the prinei-
pal support of export trade be sudden
ly removed. The accumulation of pro-
ducts of German workshops would be
dumped upon our open markets, the
abnormal demand for American pro
duets would be gone, the trade balance
would again be turned against us, and
there would be no relief until a pro
tective tariff law could be again en-
acted to shut out foreign products and
save our markets for the output of
American labor.
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