Speech #430037550

English6. and other foreign mnaufacturers wilo put their old stocks on our market by auction at any price. I cannot make an accurate estbuato of the carrying trade. and.L throw off $10.000.000 of the estimated $60.000.000 for Americau travel and residence abroad. and that leaves a total of something o er $160.000.000 a year to be paid to foreign countries in bullion or coinmodities. The fact that justifies the reduction of this estimate to the amount stated is the receipt of bullion inthehands of immigrants. of which no account can be taken by statisticians. But for this the annual balance against us would be largely over $200.000.000. I pause here. and regret that my friend from the Hartford district of Connecticut is not here.