Democratic Sentinel, Volume 17, Number 9, Rensselaer, Jasper County, 17 March 1893 — McKinleyism In France. [ARTICLE]

McKinleyism In France.

France has just complated a year’s experience of her new high-protection regime, and the results are far from satisfactory to her McKinleys. Even counting in the enormous imports of January a year ago, made in anticipation of the new tariff, the record for the year 1892 shows a falling off of over 7 per cent in importations. Exports have fallen away but a little, although in manufactured articles there was a loss of 85,000,000. But the greatest evils have been felt in the disarrangement of business and in the disturbances wrought in the public revenue. For some time the government held out the hope of doing something to relieve the business embarrassments caused by the new tariff, in the way of commercial treaties, but these have come to little, and the distress in some parts of the country has been severe. Marseilles, for example,*lost. 20 per cent, of its maritime commerce in. 1892. The revenue has been millions of francs away from the estimates, and, altogether, the Meline tariff has proved itself about as ingenious an instrument for business upheaval and financial derangement as its fellow, the McKinley bill. The worst of it is that, with the former as with the latter, its evil effects grow worse with time.— N. Y. Evening Post.