OCR Text |
Show . BUSINESS UNDER FREE TRADE ' In tho brief period of eight months ending February, 101C, there wne a displacement of ono billion and a quarter dollars worth of American fniado goods by the Introduction of foreign made goods and products of that value. There has been much talk of tho European war acting as an equivalent to a Protective TnrlfT, but Imports under tho present Tariff law nro greater than ever before In our history. In tho eight months, ended In Fehuary, tho Imports totaled total-ed $1,291,084,108 ns ngalnst ?1,0J5,C31-C2T ?1,0J5,C31-C2T In tho corresponding eight months of 1915. Thus tho effect of the existing Tariff law, which has been admitting more than two thirds of all Imported products free of duty, cutting down tho revenues of the government, gov-ernment, has been cumulative. If tho displacement of American made goods and products Is so great today to-day 'what will It be when the war Is over and when two great European groups, engaging In a trade wnr against each other, make tho rich American market their battle ground? T.' F. Logan in Leslie's. |