As a result. notwithstanding the 42 cents tariff on wheat. the Chicago price much of the time ranges from 15 cents to 30 cents below the Liverpool price. Hence in case of large exportable surplus the domestic producers sell their surplus in competition with the surplus of other nations. much of it produced by underpaid labor and on their fertile land. which in many cases sells for less than onefourth of the price of the American farm. Therefore no benefit is received from the tariff or the restricted immigration law or other protective laws. On the other hand. if a 100 per cent pool were effected. as might be accomplished under the proposed bill. the pool would be in position to stabilize the price on wheat for domestic consumption equivalent to the cost of foreign production plus the tariff. transportation. and other expenses incidental to the importation of the foreign production. In other words. considering Winnipeg.
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immigration