Democratic Sentinel, Volume 15, Number 32, Rensselaer, Jasper County, 28 August 1891 — The Big Foreign Market. [ARTICLE]

The Big Foreign Market.

It is pleasant to the American farmer to watch the growing demand in Europe for his grain. During July there were exported from this country breadstuffs valued at $16,379,291, as against $lO,733,669 in July, 1890. The exports of wheat were 9,418,775 bushels, compared with 4,366,554 bushels in July, 1890. The great and only McKinley tries to belittle the foreign market, and ksks, “Wnat sanctity hangs about it?” Our farmers care nothing about the “sanctity" of the foreign market, but they find it just now a mighty good place to dispose of a wheat crop about 200,000,000 bushels too large for the boasted home market. McKinley’s sneers about the foreign market will win small sympathy from them when they see how the big orders from Europe are causing wheat prices to mount upward. • But McKinley would never think of crying down the foreign market, if it were not that he has his high tariff law to defend. He knows that this law tends to contract our foreign market; hence his absurd attempt to show that it is no good. But the big foreign market is vindicating itself. It seems certain now that when the present fiscal y< ar ends on June 30, 1892, and bur farmers count up their year’s sales, they will find that the foreign market has taken a far larger quantity of our breadstuffs than ever before, and that it has compelled the home market to pay much higher than average prices. This will all be in spite of our McKinleyism, not because of it We should have a still larger and much steadier foreign demand for all foreign products if our tariff permitted us to buy more largely of European manufactured goods.