American Tariffs From Plymouth Rock to Mckinley. a Complete And Impartial History of Our Tariff Systems, 1620-1891

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Wo have steadily protected our iron and steel industries for many years, and now we not only supply our own railroads, but we export locomotives to British America, Mexico, Nicaragua, Central America, Chili, Peru, Argen- tine Republic, Brazil, West Indies, Norway, Russia, Sandwich Islands and Australia. Over ninety-five per cent of the locomotives used in the Eng- lish Colonies were built in the United States. We are competing in watches with the English and Swiss ; and in textiles with Germany..., Eng- land, France and Switzerland. Our progress in making American silk is 50 really marvelous, and is disturbing the silk works of Europe, for we an already producing oTer $40,000,000 worth annually. Yes, it is the home market to which the American producer naturally turns at first, let his production be what it may ; and it is unnecessary for him to seek the foreign market till he has fully supplied th^ at home, unless the foreign prices are so much higher as to make it advantageous for him to export the goods.

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