Rensselaer Republican, Volume 23, Number 4, Rensselaer, Jasper County, 25 September 1890 — PROTECTIVE THEORIES. [ARTICLE]

PROTECTIVE THEORIES.

The Cheapest Way to Raise Revenue I to Collect It Foreigners. From aSpecch in UonVressby Hon. J. H. Walker A protective tariff is not an ‘arbitrary restraint upon trade.’ As well say q, bit and bridle, by which we guide, control, and develop to our use the power of the horse, is an arbitrary restriction on travel. ProtectiUiy compels every European manufacturer to pay into the Treasury of the United States the money he.has saved by slot paying his workmen as much as American workmen receive before he is allowed to sell his goods in this country. Ir. view of the lamentations qf the free traders over the alleged ruinous' policy of protection, it is in order to -remark that from 1870 to 1890 Great Britain gained $283,000,000 in value of exports, while the United States gained $468,000,000. For Great Britain the gain was 20 per cent.; for the United States 125 per cent. That is, we. have taken care of our home industries and our home market, and been building up our foreign trade faster than has. Great Britain, dur free trade rival.