Evening journal., 1916-05-10
IMPORT AND rXPORr RECORDS BROKEN.

A IL records were broken during the month of
IA March in import and export trade. We m-
PORTED S2iioOO0OO worth of goods during that MONTH
pr s2ooooooo more than for the previous month";
(which takes second place the history import
RTade Oar exports for March amounted 10 S4lO0OO-
goo. which is than any nation exported in
tny one month, far the written record Of man
inds informs This stupendous outflow of goods is
caused by the European war The Unsuitable maws Of
'oreign and every destructive influence which
she ingenuity Of man can direct against his brother
sare resulting ih carousal Of prosperity for the
@ned States. The imports viii continue to record
snlonthly increases long the Democratic tarin
law is on the statute books. and when the has
frded and the consuming power Of Europe has returned
eo something like normal the United States will be
fhe great free rade market Of the world If the Demo-
trrais are chen in power.
l1he revenue producing ability Of the Underwood law
For March was miserable indeed only s2l 900 600 be
Pne realized the vast amount Of imports
average rate of duty all goods imported during the
month Of 9S per cent The record for the nine months
rnded with March is equally bad in respect reve-
nues. We imported during that period 81 505 900 600
worth Of goods. This is SlO3Oo0Ooo more than was
Imported for The nine months period ended March
si3. under the Republican law. but tho coll
aectcd up 10 and including March. 1916. s975OO,-
poo than for tho period ended March. 1913 For
pho nine months just past customs duties amounted
20 sl53ooo0oo average rate OF duty for the
perod OF 10 per cent During tho nine months ended
parcl 1913. under Republican law. Sl4O2 100000
or imports NC collected $3.50 $4,000 Of customs reyo-
inue. average rate Of duty Of is per cent
Nine months OF the current fiscal year show a net
snward gold movement OF s279315.302. This is money
comns Europe 10 be used toward hqudating
bur trade balances against the beligercnts. The rec
ord for the period previous 10 the outbreak OF
Nhc European tells quite another story The Tn
dorWood tariff law had been in effect ten months he
Gore the war started Our favorable trade balance be-
san 10 decrease with startling rapiduy Immediately
Tfier ihc passage OF that Law BY April against
tis In other words buying more than we
tNe-e selling The balance continued against us each
Fnon'h raising tn Si94oo000 i'm August The effect Of
kNar orders had yet become manifested. During
Hhe eight months ended August, 1914 our gold OK
ports otaed nearly S100OOOOOo
& Not only did the Republican tari0 Law, n,,. A.,
Scan industry and American workingmen hu, nslon,
fhe United States Treasury in good shane W7,or
fWoodrow Wilson stepped into Office the outpons no
publican administration able to hand over to
snim handsome surplus to set up housekeeping for
aincle Sam. On March 81 1913 there was a total hi
sance in the general fund of S14s5OOOOO Eighty mil
Nions Of that aside as a working balance
Democratic extravaganza and the failure of the I'm
tderwood law producer quilted the Treas
bury in short order. AT the end OF March 1916 ont
standing claims against the government unavailable
*asseis etc. amounted to S140 OOO McAdoo re-
ported balance az that time Of s126745.6s5 which
1was s36S7OOO less ihan these outstanding claims and
unavoidable assets.
The Secretary Of the Treasury has twice changed
4he system of accounting in order to hid,
<he condition OF the Treasury. and it is stated tina
another method Of bookkeeping soon to be adopted
En order put up bluff at the close OF the fsca
bear And il a working balance" should show M
Fround the L. s. Treasury they would chloroform
bud send it 10 Redfelds trade
] Between and name changes IL is exceed
Hngly difficult for an outsider to keep track OF tn
hewspaper situation in Demar. The latest produc
81 the press there The Peninsula News. combining
M former publications OF Delmar." Let hope tha
Y sssll be lasting in and communal benefit