The silver state. [volume] (Winnemucca, Nev.) 1909-1925, 1917-01-23
GARY ADVISES
RETURN TO PROTECTION

is optimistic of the industrial future
of the United States, provided we
adopt a tariff which will bulwark ouI
prosperity. In his annual statement
he observes that 1916 conditions are
more favorable than ever before. but
that Sc. is apparent hat as a nation
we are I a certain extent up in the
air; that we have no sure foundation
for an uninterrupted continuance oil
the present volume in some, and per
haps many, business lines; and he
earnestly advises a speedy return to
the protective tariff policy. AS be
puts it:
Facts should be a~scertained. and
honest. practical results secured.
Prohibitive tariff rates, so-called, or
schedules that are so high as to per-
nit a producer to Cypress the con-
sumner, should not be permitted; but
tariff rates on luxuries We do not
produce should be reasonably high
SO as to produce revenues for the
government; and tariff rates on things
coming from foreign countries should
be sufficiently high to protect u
producers, including the wage earn
ers, against cheap foreign labor and
It's results, and so as to put u Gun
try and IT'S people on a fair and even
basis with all other countries and
peoples. Possibly this could be Sc
cured to a certain extent by anti
dumping provisions or by reciprocity
conditions"
Judge Gary declares that the end
of the wal will find all the nations
now engaged possessed of all the
essentials for success and ready 20
reenter the arena of international
financial, commercial and industrial
rivalry with a grim determination to
excel" He comments on the % per
cen increase in the steel output, the
high wage scale, the need Of putting
Il transportation on an equal foot
ing with that of other countries, and
suggests a s~1,0O0-a-year exemption
from income tax.
Undoubtedly Mr.. Gary is fully cog
INFANT of the reason for the unexam-
pied prosperity in the steel industry.
During the 12-months period, Novem-
Der, 1915. to October, 1916, inclusive,
our total exports of steel manufac-
lures were S795. 600, 900, compared
with $211,500 900 for the same period,
1894, nine months of which was
under the free operation of the Will
son-Underwood tariff law, which, in
turn, was a decrease of over $50. 000,-
600 compared with the same period
November, 1912, to October 1913,
eleven months of which was under
Republican law. 1t is to be observed,
however, that our total imports of
steel products during the 1915-16 pc
Rod were but $500. 900 below the
1913-1f record, despite the war, most
of them coming from Great Britain.
whila Gormouv one of 49, oh;of ~un
petitors, has been wholly eliminated.
OF course, our tremendous export
trade has thrown imports into the
but the fact is cited as an
example of what our European COM
petitors can and will do after the
war, under the present tariff policy.
No anti-dumping provision. stand
ing alone, will prevent the flooding
of this country with foreign goods,
would it be possible to draft a
satisfactory reciprocity measure.
American manufacturers will not toll
crate the playing of one industry
against another. A protective tariff
is the only fair method of meeting
postwar conditions. No one desires
it to be a prohibitiye tariff. for that
would mean an absolute sacrifice Of
revenue. But a tariff on farm prod
ucts and on manufactures measured
by the difference in the cost of pro-
duction at home and abroad is a
healthy way of handling the
situation. and the readoption of a
maximum and minimum clause will
make our foreign competitors hesitate
to put the screws on American prod
nets. as it did a few years ago.