In other words. the protective system is burning the candle of the farmers resource at both ends at once. He is paying more for the manufactured articles he buys and getting less for the farm -products he sells. " But." say the protectionists. "keep on building up factories. and after awhile we will consume at home all the farmers can make." Let us examineothat for a moment. High tariffs have been in operation for over thirty years. millions of immigrants have landed on our shores. very many 6f them to work in the mines and mills. and yet what do we find? Taking the careful calculations of Mr. Davis. quoted with approval by the American Economist. the organ of protective tariff. and we learn that during the period from 18501889 our population and the production of the more important staples increased in this ratio: Per cent.
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immigrants