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hone
to receive them"


Again, we quote from Niles National Regis.
ter, which is authority even in courts of law:
. From September 1st, 1912, to 3lst August,
lS43, the increase of cotton shipped to Great
Britain from the United States was 534 OSO bales
over the amount sent thither the year before
The increase sent to the north of Europe has
been 37,83S. Increase to other places 2i ,O63
| Total increase sos, ,66S bales" a0


Thus facts bring TO the ground objection to the


tariff. 1t is the great thing for our farmers,


our merchants, our manufacturers and mechanics.
i does not increase the price of manufactured
articles. The reason why it protects is, because


II furnishes larger market not raises the price
I~If it raised the price Of manufactured arti-


cles, the foreign manufacturer could pay the duty
| and still compete with our manufacturers, and


the tariff would be no protection but the tariff


does afford protection, therefore 1t does not raise
| the price of the article.sC1 This is obvious in


theory and is supported by fact. Take nails,
| coarse cotons, wood screws. iron or anything
else protected, and they have been speedily re-


duced in price. 1t must be true Of everything in


long run, and it is for years that we legislate,
and not for day or year. The declaration that


the tariff raises the price is all false reasoning,


and facts proclaim il So Articles may appear to


rise at times. on the passage of tariff, when


the previous languishing state Of commerce was


such as to make everything below its real CON-


mercial value This is somewhat true OF the


present tariff. Trade was staguant, commerce


dead, and prices ruinously low tariff passed,


trade and commerce revived and prices, ofcourse,


came up to healthy stand. The tariff may


have incidentally induced good prices by promo
ting public prosperity, but that an article ever
had, for any length of time, high price, because
it was protected, is false in theory and false in


fact What, then, is the good of protection ? II
gives US large--a home market. When the