OCR Text |
Show oo OGDEN BUSINESS MAN ON TARIFF There is something wrong with our foreign trade. Not once in the entire four years of the last administration did our purchases exceed our sales, but on April, this ear, the imports were $11,000,000 larger than our exports This country Bold $S,000,000 less In manufactures in April this year than in the same month of 1913. The whole of our foreign trade is shifting from a balance favorable to us to one leaving us in debt to other nations. If this continue?. America, instead of being a creditor, will be a debtor nation, and then will come in dustrial stagnation comparable with that of the Cleveland administration A prominent business man of Ogden. formerly a Democrat, said he had noted the slipping back of our foreign trade, and declared that it was nothing noth-ing more than he had expected "The more I study the tariff situation," situa-tion," he said, "the stronger grows my conviction that the Democratic party, in holding to free trade, is blundering and sinking this country into a commercial morass. All other countries, except England, are being hermetically sealed to our goods, and we, at the very time when protection is most needed, are stupidly Inviting the world to invade our marts and displace dis-place our own products of factory and farm." |