Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1916-10-14
HAS GREATLY BENEFITED
BY SALES OF PRODUCTS
Canadians Fear Hughes and Republi.
can Congress Would Stop Competi.
ton Of Canadian Farmers and Manu-.
facturers and Take Away Some Of
Canada's Prosperity.
pecial to Times Republican.

a
party leaders and newspapers do not
disguise the fact that for reasons of
trade and commerce they would not
welcome return to office, of the re-
publican party and with it the possible
| withdrawal or revision Of the Wilson,
Underwood tariff that has conferred
| such great economic benefit upon the
Canadian people.
Mr.. Hughes protectionist speeches
are literally quoted in most dominion
newspapers to show that if the republi-
cans are victorious there will'likely fol-
low an upward revision of the tariff to
| the injury of Canadian industries who
have recently been invading the United
| States market; while democratic low
| tariff tendencies are cited as evidence
of continued. economic advantage for
Canadian producers if Mr.. Wilson is re-
turned to power. D., sec
To understand this pro-Wilson or
pro- democratic feeling in Canada. par
| ticularly in, SO far as, it applies to Ca
madam. industry it is only necessary to
study the remarkable benefits which
! the Wilson Underwood tariff of l9a3
conferred upon Canadian manufacturers
and agriculturalists. without the slight
est concession from them in return.
Shape Fiscal Policy Accordingly.
For several years past the Canadian
people had shaped their fiscal policy in
respect to the United States with "A
view Of compelling American manufac-
! turers to. establish, factories in the do
mlnion II they desired, to secure the
Canadian market on anything like even
Canadian manufacturers
| This policy was carried out thru the
| medium Of an adequate tariff protection
for Canadian factories. and was emf
nently successful. And it was largely
upon such ground that the conseEva-
can liberal reciprocity agreement in
1911.
The conservatives were quick to per-
| ceive that Mr.. Taft had made. a good
bargain from a United States stand
point Sir Robert Borden, then leader
Of the opposition. contended that the
republicans had made an agreement
with the Canadian liberals that was in
finiteiy more TO the advantage OF the
| United States than II was to the adyan-
t,ge Of Canada: that adoption would re-
| suit in dammingo the flow Of United
States capital and Industries to Canada;
and that II would be rejected. If FOR no
other reason. on the ground that n Ca
NADIA waited she would eventually get
from the United States everything that
reciprocity agreement conferred, and
possibly more. without single Cana
dian concession in return.
Beneficial Result Of Tariff.
This contention. Overwhelmingly sue
cessful in an appeal to the people. was
more than justified, and justified far
| sooner than Canada expected, by the
Wilson Underwood tariff of Oct. 8, 1913.
The beneficial result Of this demo-
cratic revision of the tariff is striking
~ evidenced in Canadais export trade
with the United States. In 1912. the
year Immediately preceding the Wilson
tariff, the total value of Canada'sr ex-
ports to the United States was $685.
| 00O, 900. In 1914, the year following
the Wilson tariff. they had jumped ito
s1s2,575. 600: in 1915 they had increased
to $215. 32S. and in 1916 they had
reached sS00.44O, 000-a truly remark
able advance.
| Manufacturer Takes Cue.
| Previous to the new democratic tariff
the Canadian manufacturer made little
or no attempt to invade the American
| market. In 1910 exports of Canadian
manufactures to the United States
were s14,50O.00o; in 1911, s15,365. 7s4.
and in 1912, 31s,312.751. But in 1914.
the year following the democratic tar
| III, they jumped to &30,3s1, 764. In 1915
they advanced to $55.000.000, and in 1916
they jumped to $110,o00,000.
Thus, while Canadian exports OF man
ufactured goods to the United states
before the Inauguration Of the WILSON,
Underwood tariff increased at the rate
of only 100000 year, reduction OF
the duties resulted in export OF the
same articles advancing at the rate OF
over $4,000, 900 a year. And this not
able invasion OF the United States mar
ket for manufactured goods, following
! democratic abolition of duties. has been
exceeded by exports Of Canadian agrt-
culturists in the same direction.
Another result of the Wilson Under
wood tariff, and one that has had
wonderfully stimulating effect upon Ca
madam industry at American expense.
4 ia that United States manufacturers are
being surely and steadily compelled to
locate factories in Canada. Unable to
compete in the Canadian market with
| Canadian manufacturers because Of the
| Canadian tarif-which has been IN
/ creased IN per cent since the begin
4 ming OF the war-and even forced to
. compete, at home with Canadian indus
! try because of the lowering of the
/ United states tariff. American firms
are. rapidly transferring factories and
| capital across the line.
In 1912 the Monetary Times; To-
ronto. the foremost Canadian financial
authority, estimated American invest
ments in Canada as valued at $226.000,-
| 600 and the number Of American firms
or factories in the dominion at 16S.
with a capital of over $100, 000.e9e. II
! 1915 the same authority published
new estimate and placed the United
4 states investment In Canada at $780,
600. 900, and the number of United
states factories at 800. in other words
1.-THE two years following the Wilson,
underwood ta..S ssw. ls3 American in
|dustries locate factories in the domin-
lion and an increase of United States
Investments in Canada OF something
like 1926, 1000. 900. The, .aMonetary
Times" maintained that the great ma
iiority of these United states Industries
were brought to Canada as the result
OF the American tariff being lowered