Respectfully. I'd
HENRY DN|
September 2lst, 1913.

SPECIE AND FREE "
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The Washington Spectator


stating that the specie now


States is estimated at $l2OWlI


amount than has ever been


one time, exclaimS:-"Whatau


this upon all the predictions


(meaning thereby the whlSs}


How has this specie been Sa


country3 Why, by the mg


which the Spectator and Other


one-slded free trade, asSaIl 90


the very moment that they np
beneficial effects, and exuIl G'S
not that law been passed. ana \,
ued TO import from abroad una' y.
stood when the wings came Y,
wit: 30 per cent. duties lnslsa sD,,
900 of specie in the United ~
not now have had, we verify %a ~
900, for, instead of the SN%
which have flowed into the Cv.
the balance of trade in our dd' ",
have probably sent $4O,OOOM.
just the balance of trade aganI


To exemplify the remark D.
Gently laid before the British fs
nat the export of British goop o.
States, in the year lS4H, IS r.
lalue than they have been ,Ds u
1888, aud that they were Ies
'ne half than the average ~
he nine preceding years--,'%S, =,
xports of British goods to Ins NJ
rom 1888 TO IS4l (both lng a's
he value of E7,SSO,O0NO,. j W S1,t 81
we're not more than f5,o n
he free trade men, if We Y
'om England, she will buy .fn Fn
D we shall lose in the sale 2. = 'iog
lore than we gain BY reluas ,o,s5
his is the common argaD. y
,hich is addressed to the l'''