Democratic Sentinel, Volume 16, Number 35, Rensselaer, Jasper County, 16 September 1892 — Protection Drives Money Oat of the Country. [ARTICLE]
Protection Drives Money Oat of the Country.
In the “tariff for revenue only era” be-, tween 1850 and 1860 our imports of gold exceeded our exports by $5,238,239 and our production was $600,000,000, adding to our gold $605,238,239. In the same time our imports of merchandise exceed, •d our exports by $384,913,005, showing a total increase in our national wealth by foreign trade of $390,151,244, In the last eleven years of the protection era our exports of gold and silver exceeded our imports by $103,121,303, and of merchandise by $769,054,373, showing a net loss of national wealth by foreign trade of $872,175,676 which has been invested abroad by the American owners. The object of protection is the robbery of the American farmer by the American mill owner. The means taken drives our wealth out of the country, and it is McKinley’s proudest boast that protection drove out of the country in tep years over $1,000,000,000 worth of gold, silver and other labor products in excess of those received. A few days ago the Republican press announced with great flourish of headlines that L. N. Littaner, a large glove manufacturer of Gloversville, N, Y. had bolted Cleveland. It turns out that Littaner has always been a Republican, but in 1884 he voted for Cleveland because he could not vote for Blaine. Littaner was in Washington during the billion-dollar congress and assisted McKinley to frame the glove schedule in the tariff bill. Having obtained all he wanted it would be only natural for him to support the tariff bill now.
