Mr Cleveland's Election

Feilding Star, Volume XIV, Issue 62, 12 November 1892, Page 2

Mr Cleveland's Election

♦- The election of Mr Cleveland as President of the United States of America is, we are told by cablegram, popular in commercial circles in England, because there is in consequence a reasonable hope that the McKinley Tariff, which has had such a disastrous effect on European trade with America, will now be modified. In these colonies also the change is looked on with approval, because it is understood the political party of which Mr Cleveland is the recognised head, are likely to remove the restrictions which now exist on the importation of wool into the States. Should this change be fortunately accomplished the trade relations between the Australian Colonies and the United States would be vastly augmented, and, as a natural consequence, employment would be given to many ships of the mercantile fleet under the British flag, now either lying idle or passing from port to port looking for freights. The difference between the freight charges to London and those to Ban Francisco, or even to New York, would be all in favor of the sheepfarmer, irrespective of the enhanced prices which would certainly accom pany the opening up of a new market for this staple article of colonial produce. America would also benefit; because return cargoes of

articles produced or manufactured in that country would — as they do already — find a ready sale in these colonies. Of course it will be necessary for this colony especially to make certain concessions by reducing our own protective tariff, and we believe the good sense of our legislators will guide them in the proper direction, especially when the direct and absolute advantages of reciprocity areso patent as they are in the present instance. ____^___^_ — _