Rensselaer Republican, Volume 28, Number 10, Rensselaer, Jasper County, 7 November 1895 — Our September Trade. [ARTICLE]
Our September Trade.
Chairman Thomas H. Carter has issued the call for the meeting of the Republican national committee at the Arlington Hotel, Washington, D. C., Dec. 10th to select the time and place for the next national republican convention. - ° The Indianapolis Journal hits the nail square on the head when it says: “Republican national administrations met the obligations of the government from moneys in the treasury, while the present one meets them by selling bonds.” . The country would be sorry to have another season of tariff agitation; and yet, as Governor Hastings observes, the tariff question cannot be considered settled when the existing policy is .running the government into debt at the rate of $50,000,000 a year. It is necessary to have an income equal to the outgo, even if a little tariff tinkering has to be done in order to accomplish such a result. —St Louis Globe-Democrat ° ,| ~
When it is remembered that during the preceding year under the McKinley tariff the exports amounted to $192,004,768 more than imports, some idea of the great damage to the industries of the United States can be obtained. The balance this year in favor of the foreigner added to the balance last year in favor of the house producer makes a total of nearly $220,000,000 that the home industries have been damaged by the nefarious law. This is the way the markets of the world have been captured. The first order made by Mayor Taggart, of Indianapolis—thedemocrats eiected last week by a plurality of 3,700 votes in the city that two years ago gave Mr. Danny a republican for the same office 2,700 majority—was that “all laws should be enforced and all violators arrested.” That don’t quite jibe with republican ante-election assertions that if Taggart were elected Indianapolis would be a “wide-open” town. —Valparaiso Messenger. ■ But Taggart’s order for the en forcement of the law, are probably like those made by the notoriously corrupt Hopkins, of Chicago, made only for effect, and not intended nor expected,to be enforced. At any event, Indianapolis is now largely on the “wide-open” order and getting worse every day. It may be that Taggart means fairly well himself, but even if he does, the gang that surrounds him is too strong to be controlled.
[American Economist.] \ The Bureau of Statistics of'the Treasury department supplies some interesting facts as to our foreign trade of last month. Our exports of domestic products and manufacturers were $753,399 less than in September, 1894. This indicates how we are capturing the markets of the world. But the manner in which the markets of the world are capturing us is a caution. Last month we bought from foreign countries to the extent of $14,588,425 more than in September, 1894. This makes the total of last month’s trade upwards of $15,300,000 against us as compared with a year ; ago. Our purchases of dutiable goods were $12,241,094 larger than in September, last year, thus showing in a remarkable manner how a Free Trade tariff lessens the “burden of taxation" upon “the plain people” by increasing the proportion of articles they use, upon which they must pay the Free Trade “tariff tax."
