Show protection disastrous DIa to france As sm an offset to lord i recent utterances as aa to a pal bial return to tho the policy of protection it ii interesting to observe how france franca tales fares under tinder her now new tariff law which is avowedly the he system of protection enforced anywhere in europe last year her duties were raised from 25 23 to GO 50 per cent and the law which went into effect lit ID february nary lias bas shou shown shoun n dur during in its first three how it ii likely to anfin ence erde tho re results stilts seem to have hax e been iAly felt ind and are arc frankly disappointing to projectionists protectionists they hoped by levying almost prohibitive tariffs practically to stop tile tho importation of foreign goods good the decrease in these forthe for the firby quarter 3 oar car has been some drauch but the alue of manufactures exported at the same time fell off traces francs it is haid bar ti tu to account for this important lit decline on auy any other basis than that of the new tariff meantime imported food supplies in creased ly by over tho the same period of 1891 and as the duties on these were all much higher tho the increased cost camo came directly out of tho the buckets of consumers without stopping to cout com paio some boino interesting particulars in fit which the trade ot if tins this year lias has differed from that of last it remains to note tile the fact that contrary to expectation the increased duties have resulted iu in a loss of revenue I 1 instead ogreater of greater customs dues cities for the aist three months the receipts about less than inthe in the first crof of abul aud 2 2 GOO less than the budget estimate and tinco irico the ilia increase inci eise ease of duties with new schedules and cat categories t gories involves a larger corps of of officials aci al a this smaller re abue has between the samo same dates lost abai about ut francs dioro to collet the tha principle pla of protection be seems hiis to have been carried can led to nil an extreme in france franca it ceases to lo protect Chri chretian tian union |