The daily telegram. [volume] (Clarksburg, W. Va.) 1901-1926, 1916-10-30
As a Result Of the WiIson-Un-
derWood Tariff Law in the
United States.

w RShINGlO On, Oct. 6U-An IN
crease Of III per cent, or from
S226, OO0.O 900 10 $500, 900. 900, in the
amount OF American capital invest
cd in Canadian industries, is report
ed by the Monltor-Times of Toronto,
Canada. is result of two years OF the
Wllson-Underwood tariff law. This
publication Is leading financial au-
thority In the Dominion. II states
that within two years after the pass
age OF the Democratic tariff law an
increase in American Investments in
Canada Of S264.00O,000 was record
ed, and the number OF firms or fac
tries which came to Canada from the
United States increased from 1863 to
300. The Monitor-Times attributes
this Increase to the lowering OF our
protective tarifl rates while the Ca
madam tariff was being raised
Some tins ago the Glasgow. Scot
land, Herald carried the following
news item: zone Of the results 10
be expected from (British) duty on
motor cars is the transfer from for
eign countries of such parts of the
work Of manufacture as can be as
we'll OF better done in the United
Kingdom. This was foretold when
the tax was announced, and already
the antlcipations are being realized
America. who produce one OF the
most popular of the low priced high
value machines on the market, has
In contemplation the establishment
Of large works in this country, and a
member OF tho American concern is
on his way across Il investigate the
matter" The Democrats reduced
the duty on these low-priced cars,
and the British government. under
the guise Of war tariff, Immediately
made a bid for the industry by ac-
cordinE the ma duty of ten per cent
greater than our own, and this in a
country where labor is fifty per cent
cheaper than in the United States,
Americans who engage in this in
dustry in Great Britain need have no
fear Of competition from the coun-
tries Of continental Europe, where
the wage scale * still lower, and
the capital which they invest in Eng
land will give employment to English
and Scotch labor England Is going
back TO the protective tariff podicy.
Our increasing investments in
Canada, under the present policy of
near-frce-trade. and Canada's in
creasiug exports TO us. explain why
that country. as well as Great Brit
] ain. il so vitality interested in the
coming election. The election Of Mr..
Hughes and a Congress Republican
, in both branches will mean the re-
storation OF protective tariff rates,
which will check the ever Tightening
grip they are getting on our do
nestle market. Practically every
thing coming from Canada today Is
on the free list, thanks to President
Wilson's bill. During the fiscal year
1916 no less than ninety per cent
4 Of our Canadian imports came in
FREQ. and law designed to produce
revenue only, failed in that partic-
ulRr, relative to Canada The fol-
lowing figures show our trade with
\ Canada for the last four years, taken
by ten months periods because the
present tariff law had free swing,
uninterrupted by war conditions,
from October 8, 1913. to July 81,
1914. A comparison with a similar
ten months. 1918. under the Re-
publican tariff law Is given, together
with the war periods, 1914-15. and
1915-16:
Exports, October. 1912.-July, 1918,
s%aG,oo0,00o; October, 191S-July,
1914, $276, 100000; October. 1914
July. 1915, s24O,ooo.O0o; october,
l9l5-July, 1915, 1921, 100000.
\ Imports, October, 1912,July, 1919.
saS.00OO00; October, 1913-July,
1914. $140.o00.O0O: October, 1914.
Iuly 1915, S12S 900. 900; october,
l9l5-July. 1916, $176.0OO,000.
Trade balance, 1o12-I913. S24S,-
600 600; 19lS-1914. S126.OO0,O0O
1o14-1915, $112,00O.000; 19l5,1916.
S245, 900, 900.
It was not until the middle OF
1915 that Canada began to make
heavy draughts on us for war sup
plies, yet even in the last period
mentioned our favorable trade bal
ance was some 100000 short OF
the peace period record under the
Republican law. due to Canada's In
creasing exports TO us.
! Small wonder that Canada ia in
terested in seeing the United States
continue to give II free trade in It's
products. But every new industry
that Is driven abroad because Of free
trade or Democratic bull-dozing OF
business, means loss to this coun-