Democratic Sentinel, Volume 15, Number 19, Rensselaer, Jasper County, 22 May 1891 — The Reciprocity Principle. [ARTICLE]

The Reciprocity Principle.

Our imports of coffee from Venezuela during the fiscal year 1890 reached a value of 89,662,207, making her the most formidable competitor of Brazil, from whom we purchased 845,664,127 worth. Negotiations are now going on to form a reciprocity arrangement with the ¥?nited States, and it is said there is among the Venezuelans a wholesome fear of having

the duty Imposed upon eoffes «t the beginning of next year if no agreement is made in the meantime. According to the terms of McKin'ey reciprocity, it is made the duty of the President next January to put a duty of three cents , a pound on coffee coming from countries which by that Vmt> have not given us a reciprocity arrangement satisfactory to him. This is the “reciprocity principle. *tVe tax ourselves to punish the people who will not buy from us! *