The watchman and southron. [volume] (Sumter, S.C.) 1881-1930, 1922-05-17
living as Il result Of this legislation
will get a higher cost Of living.
Wooden Trust Already Raises

w OOtCn lEtlSt tkllSQhy Neth~N'
Prices.
Undoubtedly informed of. these
rates. and feeling confident that
this bill will be enacted into law
many of the industries of the coun-
try are getting ready to raise their
prices. and some Of them already
done so. (Senator Sin1omns cited
the statement that the Wooden
Trust had already raised its prices
from 10 to As cents a yard.)
VIII Limit Production OF Cotton.
Tobacco and Farm Products.
We produce in normal conditions
more than twice as much cotton as
we need or can use in this country.
II we cannot sell abroad that part
of our cotton production. that por-
ton Of the annual production Will
become yalueless. and the conses-
ton which will follow in the Ameri-
can market will 50 reduce the price
of the half-consumed in this coun-
try as to make it Impossible. TO
continue its production, therefore,
making it absolutely necessary for
the farmer TO reduce his produc-
ton onc-half or to SO into bank
ruptcy and ruin. The same is true
in the case of tobacco and speak
ing generally it is true with ref
ereuce TO nearly all our staple food
products.
We must export our enormous
surplus of food products or curtalt
the production. else the surplus Will
swamp the American market and
=reGuce below the point OF profit the
domestic price.
Prosperity Of Farmer Depends On
Foreign Trade.
1t is evident that the prosperity
of the farmer is dependent upon u
export trade, and it is too self-ev1-
dent to require statements or elabo-
rations that the volume Of experts
are directly dependent upon and
largely measured by the volume Of
our imports. 1t is Il truism which
nobody disputes. and Il trulsm
which ~ the president Of the
United States has emphasized
that no nation can expect to sell
abroad. even under normal ccndi-
tons. unless they are willing to buy
abroad. This is the basis upon
which international trade rests.
Duty on Corn Can't Affect Price
None Imported.
No duty upon corn can affect the
American price of corn because
practically none is imported into
the country. and We produce more
than we need for our W con-
sumption. No corn to speak OF Is
imported here. The amount inn
porscd compared to the domestic
production would be as n q TO
q barrel. and probably not much
more than a cupful to q bushel of
corn. No duty upon these trifling
importations would affect the price
of corn.
Farmer In S. and Out So.
1t is estimated by experts. after
thorough investigation and careful
calculation. that for every dollar in
| crease the farmer will get as Il
result OF such Of these increases as
are effective he will have to pay by
reason Of the higher duties on
other products ut least SJ--$1 III.
So out. If that is not swapping
dollars FOR dimes, it is swapping
dollars for quarters.
PrcsaGcs Another Republican, De-
feat.
II the bill shall pass. tho only
hope lies in an appeal from the
action Of this body t othc juuS-
ncnt. conscience. and patriotism ot
the American people; and that their
decision will i'll that event overrulc
and set aside the action Of the Con-
grcSs. ! have no doubt.
Us | believe in an %ovcrrulinS
Providence I confidently believe
that if this bill is passed and be-
comes q law. 50 soon as the people
have Hn opportunity 10 do 50 they
VIII 'NIitHS tiiSit ~
and the Republican party. which iii
I"12 because of its oppressive tariff
taxation MAS thrown out Of pDw@'.
Will for the same reason meet in
the ides Of November a more dis
astrous defeat even than that Of :;
decade ago.