Deming graphic., 1921-09-20

to help them carry out these emergency
measures.
There are In America fifty-two mil
lion beef cattle turned OFF, per year
not quit half an animal per capita.
south America and Australia raise
many more. ON grazing lands that cost
nothing, and ranges open the year
around. The American farmer and
cattleman must feed for two or thret
months In the year and Craze ON lands
for which material fees are demanded
The emergency tariff was designed TO
equalize the cost so that the American
market would he open TO American
farmers and cattlemen against the as
saults Of cheap foreign products
'Thls brings us to the three princi
pies, advocated by America
economists In respect 10 tariff The de-
mOcrats have held that tariff should
be imposed for revenue only; In the
past the republicans have held that
sufficient tariff should be demanded
10 protect little industries from6oreign
competitor; progressives advocate SUI
flclcnt tariff to equalize the difference
between the cost OF production at home
and the cost Of production abroad. In
this way all American products enjoy
protection from cheaper foreign pro-
duets. Nearly everybody today s.
coming around to the latter theory Of
tariff Certainly the democrats cah-
not hone to meet the enormous expenses
Of government today from tariff. A
tariff equal to such task would make
the old DINGHY hill look like mouse
alongside Of an elephant We spend
four and half billions year-one
billion OF which Is for interest AMI
two hundred sixty-five million for sink
ing fund
There are more cattle IN the coun-
try today than 5efore the war. The
prevailing high war prices and the ma
tviotic demand for more food caused
this increase. Now there is no reasc
for increased production; no reward
for American cattle growers to produce
beef This condition must he chang.
cd or American consumers will In time
suffer from serious shortage and
higher prices The American farmer
and stockman must have his home mar
ket free from competition with South
American cheap beef The only thing
that will do II IL protective tariff
Senator Bursum has helped as much
as any one other man In relieving the
\ farmers AMI the stockman.
II can speak more clearly Of oil, bc,
cause my state is great oil-prOduclng
state and our prosperity depends quite
largely on the price Of oil The Unit
I'd States produced 1O0 million barrels
Of oil this year and imported 200 mil
lion barrels. The home production Is
Just about equal to home consumption.
therefore foreign oil drives American
oil off the market. shuts down small
wells. ruins them and locks up forever /
natural resources that are OF great i'm
portance.
No.. f.I 4. oil
make cheap gasoline as many have con-
tended. BECAUSE, for instance. Mexican
oil only contains o per cent Of gasoline.
Yet the average Mexican well produces
per day about $50 times more oil than
the average American well. which II
low in production but very high In gns-
oline contents Many American wells |
only produce I've barrels per day and
even less. This Is true Of more than
half Of the 100000 oil wells in the
United States. To give cheaper gaso
line. therefore. the small American
wells must be kept producing.
"The settlements growing out Of tn,
war have consumed a great deal OF
time and attention. The extravagance
and carelessness Of the former admin
istration is apparent ON every hann.
Under the Dick bill. cancelling all war
contracts and providing damages there
fore has resulted I'm loss and confusion.
tlse war department exhibited the height
Of financial folly. Just as e C,d In the
wrccslng Of Camp Cody. ose bill s'r
COO million dollars was submitted and
there are now 100 claims pending
Two hundred million dollars we're paid
ont last renr fnr claims. manr OF which