New Britain herald., 1924-01-11
WaXes Sarcastic as He Points to Foreign Trade Despite Predictions of In- dustrial Decline.
BN GEORGE H. MANNING fMashington Bureau Of New Britain Ii era

uuClnS ngufeS 10 snow that during the i first 12 months under the Fordney-
 McCumber tariff bill the United
 States bought more from foreign countries and obtained more tariff
 revenues than under the last 12
 months of the Underwood bill. and l that we exported more than during the years of operation Of the Under wood bill, Senator George P. Mclean of Connecticut in the senate chastised the senate democrats and the demo- cratic press for predicting calamity during the days when the Fordney-
 McCumber bill was being debated in the senate.
 History fails to record, he declared, an instance of such infinite ignorance exhibited by those who prophesied
 that the Fordney- -McCumber bill would ruin our foreign commerce. Was it ignorance or was it & well considered and determined attempt to frighten and deceive the American
 people into voting the democratic ticket he asked. pointing towards the
 democratic side of the senate. There was DO response.
 T am going to present here a very
 brief summary of our exports and imports for the year ending October l, 1923. the first year of the Fordney-
 McCumber act, and report of our exports and imports for the year end ing October l, 1922, the last year of the Underwood Simmons act" said Senator Mclean.
 But before l present these figures to the senate, want to call attention to some of the prophecies that were made by members of this body as to what the effect of the Fordney- Me- Cumber act would be upon our foreign commerce. Those of us who were members of the sixty seventh congress will remember that days and months were occupied by opponents of the measure in denouncing il as destruc- tive of our foreign commerce. It will be remembered that the then chair man of tho committee on finance. for. mer Senator MeCumher. one of the most patriotic and industrious and one of the ablest members of this body, was daily subjected to floods of criticism, parliamentary in its Ian. Enage, but saturated with assertions which experience has demonstrated were entirely uniustifable, Prophe- cies of disaster emanated from the opponents of the measure which the most rabid free trader would disown as utterly impossible of fulflment"
 He then quoted extracts from number of speeches made by demo. cratic senators denouncing the Ford ! ney- McCumber bill while it was being considered by the senate two years ago. This extract from the speech | made by Senator William King. Utah, \ on June [. 1929. is fair example. \
 This republican tariff bill is tniaui- . tous, infamous damned before 1t is . born. destined to be damned during \ its lifetime, and doomed to damnation l and obloduy after its death"
 Senator Mclean then proceeded: A
 Let us look at the customs records \ for few minutes. We imported into ' this country during the last year Of \ the Underwood Simmons act-that is, up 10 october i, 1ae2--a total or free | goods of si.7l0,593.oi3.
 The total Of dutiable goods vas Ill., \ 1O7244,5S7.
 The total Of dutiable and free goods that year was 5.SS7.6o0.
 The duties paid on the dutiable \ goods were s316.24i.4g7.
 Our exports that year--the last year Of the Underwood bill--amount- cd to S3,s70,57s,325.
 Now we will come to the first year \ Of the Fordney- McCumber act. That is the year l am quoting here, which ended October 1. 1928.
 The total importation oI free goods II was S2,ls1,420.00S.
 The total importation Of dutiable goods that year was s1.535.22S.8f2.
 The total importation of dutiable and free goods amounted to ss.s3i,- 64s,5i5.
 The total exports that year amount ed to s4.035. .0O6.61S.
 Mir. President, if will be observed from these figures that during the last year Of the Underwood Simmons act we imported of goods free of duty al,7lO.5sS,oiS, and that during the Hrsty car of the Fordnsy- -McCumber act we imported s2,ls1,42O.O .O03, or an Increase on nondutisbie goods of ;47O,s25. ggD.
 During the last year of the Under wood simmons act we imported of jutiablc goods s1.I07244.5s7. And turing the frst year Of the Fordney- McCumbeT act NC imported of duti- able goods si-5S5.2ZS.af2. an increase Jf imports of dutiable goods of s5gT.- 's3.T25.
 Our total imports during the last .tar or ths Hderu Jod simmons act were sZ,s17.S5T. .ghD and during the irst year or the Fordney- Mc,-umbcr ict Ss,534.54b.5f5. an iuCrrase of sI.- 
 'GoBsiaeFiHE tHE matter from per- .entsgts. our Hgu5utiable imports in- ,reased un8er tHt F0rdnry- V ct-um- ysr act Z7.s per rent. Our dutiabic imports iHereasr 8s.z per cent.
 "As tO tho eTpprts. gre exported tn he last year gf Inc [ ndrrwogJ- sim mons act ss.GTg-s7s.321 and during he firsty car oi the Fordnsy - Nc- s 'umber act Wc exported sa.nas. .gUR.- l i13, an inrFt8sr Of s364.sss.2Ss.
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