Rensselaer Republican, Volume 28, Number 8, Rensselaer, Jasper County, 24 October 1895 — CAPTURING MARKETS OF THE WORLD. [ARTICLE+ILLUSTRATION]

CAPTURING MARKETS OF THE WORLD.

Foreign Cattle Trade Declines. The raid upon the markets of the world that has been made by American cattle growers seems to have fallen short of expectations during the current fiscal year. From returns of the Bureau of Statistics of the Treasury De'pa rtmcuF we find that, last J.uTy, we shipped abroad 18,(513 head of cattle leas titan in July.-4894, while gust we .shipped 14,302 head less than in the preceding August, the total decrease being &£9lh fie&d fftf the two months of this year and the money loss being $20,887,538. as can be seen from the following figures: TSB4 41,420 35,414 70,834 1805 . v 22,807 21,112 43,010 Value. July. August. Total. ISO 4 ... .$3,752,044 $3,310,382 $7,0(53,020 1805 ... 2,171,351 2,004.137 4,175,488 Loss, '05.51,581,292 $1,300,245 $2,887,538 We did not look for such returns as these. They are hardly in keeping with the promised capture of the world’s markets. We surely cannot be getting a tight grasp upon them when we are losing at the rate of nearly $1,500,000 a month in our foreign trade in cattle alone. Away with It.

Conservative Protectionists, The advent of the Conservatives to power in England has given renewed Impulse to the fair trade movement. The leaders in this movement repudiate free trade fallacies and honestly admit the wisdom and expediency of imposing protective duties. They concede freely that other countries have the right to establish such duties without incurring the scorn of Great Britain. They maintain that “the moment has come to test public opinion in regard to reform of the English fiscal policy and to try to obtain the imposition of duties upon all imported goods which come Into competition with those produced by home industries.” A cable dispatch announced that a meeting was held recently at Westminster, with James Lowther in the chair, at which a declaration to the above effect was adopted and a propaganda committee was appointed. Thirty lead- • ing Conservatives were present. This movement should open the eyes of people*who have'been misled by the dogmatic teachings of British free traders. The truthfulness of such assumptions Is thus openly challenged on British ground. . Cotton, North and Sonth. While the Increase in the number of cotton spindles has been greater recently in the South than in the North, the consumption of cotton in the South has been dppreasingi w hn e that in Northern mills has Increased, as the following figures from the Commercial Chronicle show: Spindles. 1894-93. 1892-03. Increase. North . ..13,700,000 13,475,000 225,000 South ... 2,433,248 2,100,023 207,223 Cotton ' consumption. 1894-95 1892-93 ..Increase. North, bales. 1,950,000 1,840,709 109,231 South, bales. 733,701 853,352 *19,051 •Decrease How to Raise Revenue. With a tariff for deficiency only In existence, what Is so simple as the passage of a brief law placing a protective tariff upon wool and increasing, from a protective standpoint, the tariff upon woolen goods? Such a law would add up-

ward of $10;000,000 a year to the rev~ enue; it would prevent the utter extinction of sheep farming; it would check woolen uni mi fay t urers in their compulsory journey to bankruptcy; and it -weald-pro v ide steady- wm’4i---for-toBS--Qf-thousapds erf wage earners whose inode of existence has recently “been both pnpadous and uncertain. The enactment of such a law should be quick and decisive; no time need be lost iu discussing it; the Republicans in Congress thoroughly n mler stain 1-1 lie sit tuition and know the remedy. Their duty is to save two important industries for American farmers and manufacturers. Let President Cleveland veto such a bill, if he dare! Gov. Sheldon’a Sound Sense. uGovernor Sheldon, of South Dakota, says; “The Wilson tariff law is?Uot favorable to wage earners.” He also says: “No man in this country ever •sajv really good times except when every laboring man who wanted employment could get it at reasonable wages. That can never be as long as we go abroad to buy what we ought to make ourselves;” Gov. Sheldon’s head Is level. He sees that South Dakota could produce much that is imported wastefully. Workmen Still Wailiujr. American workingmen to.theaumibjLT of several millions are still waiting for a restoration of the wages which they received during protection times in 3892,and they know they will not get them until the tariff law has been revised on protection lines by a Republican Congress, and the bill has been signed by a Republican PresidentLeader, Cleveland, Ohio. Good News and Belter News. Recently six locomotives, built in the United States, were sent to Valparaiso foi* the Chilean State Railway. This is gratifying. But when we are informed that these locomotives are to displace those of English construction, which have proved wholly inadequate, it becomes more so.—Hawlceye, Burlington, lowa. Liars in Demand. If Ananias and Sappldra were now alive, they would never lack engagements from the free trade press. r What They Are Uged To. Undervaluation Is treated lightly by the free trade press, yet it Involves perjury aud fraud. An Ass of Some Kind.The patriot saysr “I am a protectionist,” but the free trader has many aliases. Tin Plate Trade-1892.

Tin Plate Trade-1895.