British Gold Does It
The New York Tribune presenls tli tari ff questlon in ;i marnier po plaln tha he who runs oulit to be a!lc to reatl It says : Tliere has been for yeari a auspicio: amouiiling to conviction tbat Englisl manufacturera spend larjfe suius of mon ey anuually in tho eudeavor to indtic the pcople of tbls country to adopt fre trade. A Wall Street bunker and broker who is a protectlve taritV man, siid yesterday on tliat point: "The Briüsh man ufncturers speud niillions of dollars ii efïorts to furthcr tree tradi-. The Ad ministratioi', too, is helping tbe Fre Traders. And what ia the result? Looi at the balance of trade, or thu diflereiire in tbe totals of our exports and imporln for the lust th ree veare. In lSisr tlic dif ferrenoe was $140,000,000 In our favor. In 1884 it was f44,000,000 and iu 1887 i had become reduced to $24,000,0000. The gold is goinjf out of the country every year in larger volume, and yet the British Free Traders in tuis city demand the (listril.ut ion of the surplus and the breaking down of the tariff system. Whut will b the result of such action, if consuinraated? Only to send more gold out of the country, and soon the eovernnient will need to negotiate a loan it Europe to pay its ordinary expenses, hs wis done undei' James Buchanan."
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Ann Arbor Courier
Old News