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Show country looks after the interest of its i own people first, and principally purchases pur-chases from other nations the things which it cannot produce at home. There is nothing in world-wide dumping dump-ing and unprofitable cut-rate competition. compe-tition. Like happiness, prosperity begins be-gins at home. The sooner the nations of the world realize this, the better off we will all be. ILLUSIVE FOREIGN MARKETS. While Secretary of State Hull is offering "hope" to the American farmer in a reduction of tariffs, in , the evident belief that such a pro-: pro-: cedure in some mysterious way would open up foreign markets to the American Am-erican manufacturer and to the American Am-erican farmer who has been suffering I acutely during this depression, Secretary Sec-retary of Agriculture Wallace, another an-other member of President Roosevelt's Roose-velt's cabinet, bluntly told the corn and hog growers of the middle west the other day that their foreign market mar-ket was lost to them. He offered no hope for regaining it and suggested a curtailment of production down to the domestic demand. In his conclusions conclu-sions as to the value of foreign markets mar-kets for the farmer in the future Mr. .Wallace is more practical than Mr. Hull, who for years has dealt with low tariffs in a theoretical sense, using theories which came down to us from the Victorian era, and from even be-j be-j fore that blessed period of long skirts and bustles. It is difficult to see how the farmer would get a greater world market for his grain and meat products through the lowering of our tariffs on finished finish-ed goods. Because of lower land values, val-ues, lower living standards and lower low-er production costs, Canada, Australia and Argentina can undersell us in farm products in the markets of the world. To lower our tariff would not help in the least. The result would be not the gaining of farm market abroad but the loss of the great home market to the cheap goods of Europe and the Orient. This in turn, with American factories and American mines idle, would mean greater unemployment unem-ployment than ever and the loss to the American fanner of the American market because the workman who is out of a job could not buy bread, bacon and butter. Europe, which would displace our manufacturers in our own market, would continue 'to buy her agricultural products where she could get them cheapest, and that would not be in the United States, at least until our scale of living had Sunk to world levels. It seems, therefore, that the first thing to be done would be to see to it that the American market, which consumes more than 90 per cent of our products, should be kept safe and secure for the American farm and the American factory. Then with a return of normal conditions con-ditions at home we would have a rising ris-ing demand for American farm products pro-ducts in America. This would not mean economic isolation for the Unit-j Unit-j ed States. We must and will continue to import many commodities from abroad, for the simple reason that we cannot produce them at home. Rubber, Rub-ber, tin and coffee are three examples, j In fact, more than half of our im-i im-i ports now come in free of duty. ! Therefore, as employment rises in the United States, there will 'be not only greater consumption of our own agricultural products at home but a J greater consumption of the commodities commodi-ties which we do buy abroad. This would increase the buying power of j America, of the countries which do -ell us great quantities of raw material, ma-terial, and so give us a world market without subjecting ourselves to cutthroat cut-throat competition from cheaply paid European and Japanese labor in our I own market. I We will have real world stability, and real world prosperity when each |