Democratic Sentinel, Volume 13, Number 22, Rensselaer, Jasper County, 21 June 1889 — Here Is a Little Pointer. [ARTICLE]
Here Is a Little Pointer.
The people of Chili, in 1887, imported cotton goods as follows: From Total Value. United Staten. Cotton drills 9 190,013 9 1,454 Wnite shirtings 1,923,340 33,083 Cotton bagging 385,506 141,834 Prints 2,268,903 16,123 Bags 1,188,758 14,308 $5,956,520 $206,802 If trade should be unvexed by tariff restrictions the cottons bought by the Chilians would be purchased in the United States. They could pay us for their cottons in copper. Philadelphia used to trade for Chilian copper to advantage. It is nearer to us in cost of carriage than the Superior copper mines, but it is barred out of the market by duties of three and one-half to four cents per pound—equal to 44 per cent. If a fair 'exchange could be made of what Chili has to sell for what she might buy at advantage in the United States, where cotton grows, the conditions would be reversed; and, instead of buying $206,802 worth of cotton stuffs in this country, she might buy twenty times as much. As it is, out of an aggregate of imports of $48,630,862 only $3,242,314 is purchased in the United States.—Philadelphia Record.
