HOW THE EXCHANGE VALUE OF 



AGRICULTURAL PRODUCTS IS 



LESSENED BY THE TARIFF. 



CHAPTER I. 



The Farmer Protected from Imaginary Danger. 



In 1890, when a large increase was made in rates of 

 duties on manufactured goods, the Republican politicians 

 sought to gain the favor of the agricultural masses for 

 the measure (the McKinley bill) by increasing the rates 

 of duties on agricultural imports. Mr. Dingley said: 

 ' ^ The duties on such agricultural products as are shipped 

 from Canada and disastrously compete with the products 

 of our farmers, have been largely increased." Let us 

 examine this "disastrous" competition. 



From the annual report of "Commerce and Naviga- 

 tion of the United States for 1893," pages 534-539, we 

 compile the following. The imports include both free 

 and dutiable : 



Agricultural Imports from, axd Exports to^ the 

 Dominion of Canada for the Fiscal Year Ending 



June 30, 1889. 



(Values given in round numbers.) 



Imports from Exports to 



Canada, Canada. 



Horses, $3,269,000 $178,000 



All other animals. 1.924,000 362,000 



Eggs, 2,346,000 27,000 



