WHATPROTECTION HAS DONE FOR CANADA.

Wairarapa Daily Times, Volume VII, Issue 1987, 11 May 1885, Page 2

WHATPROTECTION HAS DONE FOR CANADA.

_ T)ie way in which the ,Canadian imitation of the American tariff has affected tlie trade of the Dominion is not calculated inspire tho victims of the "Satypnal Policy," irilji a-'big N and abig P, Wifli any. great deal of gi)th|isiasm.. In. Hpfflte'theKPi cahic into effect, the. import^' intp Canada: exceeded the exports from Canada by 1<5,?68,120d01. Tho, authors of the HP, promised that this sort of thing should no;longer be under

their little tax sohome. On the contrary the exports Bhould oxceed the imports', and tho people of the Dominioh should gel; pay for the excess in good yellow goldilThat was the promise. The performance is an excess of imports for tho year 1884 to the amount of 24,090,047d01. The excess of imports was nearhjjpuble what it was under the lower toflp Readers of the ' Times' need not be told, of course, that an excess .of merchandise imports is necessarily bad- for a country. So far from that, it may be a sip- of prosperity and wealth. But your prj^tionistnover will admit that,- so that, hiifiself being the judge, Canada is worse off under a high tariff than it was under low tariff. • ■_ Furthermore,'the N.P. men wero going in to increase--- the commerce of the Dominion. They were indignant when they were told that their policy was hostile to commerce. Well, tho total foreign, trade-of the Doimuioi. &.1873 was 217,675,5-10 dol; in 1884 it'ivas only 207,803,839d01., or nearly 100,000,000d01. less. The N.P. men would probably be the first to resent an intimation that the decrease in the trade was due to a decrease in the population. They will probably claim an increase of fully 30 per cent, in population in eleven years, If so, they mpst admit a decrease in com* nierce much more serious tjian fijie naked figure? represent; Prptectipn in Canada !H!S llftd its natural effept urnm jra(je, It js. hostile tp trade, and it be, as the Canadian example goes tp show. The pretence of the that they are friendly to fpreign trade, and that their'system is', tfl promote it, isipipudently falpe— Chicago ;Times,, 1 ' '