The Birmingham age-herald., 1916-11-01

|O00,000,000, more than 25 per cent. The great industries are giving employment to 1,600,000 more men. Four years ago the man was hunting the job. Now the job is hunting the man. This is what the democrats have done.
 ABUNDANCE OF MONEY.
 There is $1,5oo.O00,OoO more money in the banks. of the United States there is S6,000, ,000,000 more capital in vested in American industries than when the republicans held sway. The foreign trade of the country under the republicans amounted to s550,00O ,000. It has swelled to $2,300, 900, 900 since the democrats have been in power. That is the record of the democratic party. Oh! the increase in the foreign trade is due to the war; cry our republican friends. The entire amount of sales of munitions to belligerents has amounted to only $400,000, 900. This is indeed small part of the two bil- lion dollars.
 "A great tidal wave of prosperity is sweeping over the country and the re- |publicans would have to change for democratic dollars for republican promises?"
 "No!' came from the audience, as the rallying democrats cheered. AFTER THE WAR At this juncture the speaker veered to discussion of the future condition of the country after the war "When the war is over they say
 that on account of the democratic tariff that the country will be de- luged with the products of Flu
 rope" he said. 'If we are going to keep up the volume of our for
 eign trade, we must exchange our products for those of other coun-
 tries. This is a fundamental truth and only common sense. When this
 war came on there was $6500, ,000.-
 900 in American securities held in
 Europe. Today this has been re-
 duced to $S,000.000,000 and as soon
 as the war is over the balance will
 come to this country We are the
 great holders of the gold of today.
 And unless We are willing to ex- change our gold for the products of Europe, when the strife is over,
 we will break those countries.
 We must have foreign markets"
 The tariff views of the democrats were then investigated. The sS1, ,O00, 900 increase of importations during the first year of the tariff for revenue only" was analysed. This increase, which he said was only normal was shown to be due to imports from Cam ada to the extent of $61 .00O 900, an in crease of $10.00O,0O0 from Argentina and only s2,7OO.0O0 from Europe.
 DOCTRINE OF TARIFF
 T believe firmly in the great prir- ciple of the democratic party that we should have a tariff for revenue only." the speaker said. And honoring the father of the great tariff measure, a resonant cheer was raised
 To offset the charges that a period of depression would follow the termin- ation of the European warsthe speak CT devoted several minutes to a rath- CT studied survey of the situation. He said that $3.000. .OOO. .0OO worth of in- dustrial plants had been swept away along the war zone by the curtain of fire. "These must be rebuilt" he added. r"The iron and steel industries of France are located in this zone Think of the business that the reha- bilitation will give to our iron and steel industries here.
 Europe before the war could work cheaply. Once they had the cheapest money in the world. After the war they will have the highest. They will have to bear the burden of taxation to nay for the cost of war. Tho wages of laborers must be Increased to per M f7 .s4s<