Evening journal., 1922-11-15
COMPETITORS DO NOT
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1
LIKE TARIFF
From the National Republican.
Sir George Paish. English econo-
mist and former advisor TO the Brit
ish treasury. is the latest European
TO come out against the principle of
protection as applied TO the United
States.
In a recent address to the annual
fconvention Of the American Manu-
facturers association Sir George de-
clared that the statesmen Of all ma
tions are engaged in a common ef-
fort 20 prevent the nations from
meeting their obligation to each
other and thus reducing the whole
world to bankruptcy. As an exam
pie OF this he points to the recently
enacted protective tariff in the Uni
ted States.
What the Congress of the United
States intended by enaoting a pro-
tective tariff law was not the plung-
ing Of the world into bankruptcy
but the saving Of our own country
from such a fate. America does
not want to save itself, OF course, by
destroying Europe, and will not do
so, but II is the belief OF the pres
ent administration that in order 10
keep from destroying Europe It Is
not necessary to destroy ourselves. |
On the other hand II Is much more /
reasonable TO assume that we can
best help the world by first helping
ourselves 20 a sound economic basis.
It is an old and true saying that God
helps those who help themselves
and one look at the way the gov
ernments in Europe are behaving
now ought TO convince anyone OF the
reason why Providence seems to
have deserted them.
It IS quite natural that. SIR George
Paish should object 10 our protec-
i've tariff. Sir George is an Eng
ishmap and looks at things from a
British standp ,int. The protective
tarifr checks the flow OF British
goods into America and reduces the
profits OF British manufacturers and J
he aggregate OF British wages just
Is Il adds to American business and I
American wages In a business way |
Sir George represents our greatest 7
and Il does not take an !
lstute business man to know that 1t q
s generally not best to do just what
our keenest competitor wants you {
o.
It is not surprising therefore that }
,lr George does not like the Ford {
ley-McCumber tariff. But 1t is sur I
,rislng that there are a number OF I
American statesmen who {
gree with the European rather than
he American view. Why is II that Y
| is the same group OF statesmen O
lways who oppose am American t
ariff, and an American merchant I
marine, who advocate the cancella-
ION OF the debts which Europe
ives us and who declare that !
rncle Sam ought to plunge into the
1aelstrom OF European politics TO q
save the world" even at the ris6 I
I destroying himself?
Whatever the reason may be II Is |
ortunate indeed that they have been q
tterly unable to convince the
.merican people rs was evidenced
Y the tremendous majority given :
resident Harding and the Repub- =
can ticket in 1920. Otherwise our /.
would be buried un-
er n stream OF imported cheap
European goods and our American +,
oldiers would probably be in Asia a
finor today defending our mandate .
o Armenia and /"saving Europe" y
y striving TO stem the food of Y,
'urkish invasion. For II European g
tRtesmanship had had American Il
esources and American soldiers at Z,
Is beck and call a few weeks ago n
here would have been no COM IS
romise with the Turk. 1t would T
ave been "go to It Uncle Sam and e.
efend your mandate" G.
And in the meantime Sir George p
'aish has given US additional proof u
hat our competitors don't like our Il
tariff, which is the best al
eason In the world why 1t ought al