If American management. American money. and American machinery are exported to foreign lands and there give employment to foreign labor while American citizens are left unemployed at home. the present situation will grow worse. not better. It is true that our restrictive policy of immigration has largely prevented industry from importing cheap foreign labor into this country and it may be that high import tariffs abroad have a tendency to justify manufacturers in locating their industries in such countries and thereby avoid the payment of the tariff. Of course. we have not a lcgical ground to complain if other countries have taken a leaf from our protectivetariff book and have decided to build up their own industries by imposing a tariff on what we export to them. Americas strong financial position. its mastery of machinery. and mass production has put us in a position where most of our industries have been able to build up and maintain lucrative foreign trade because our superior machinery and methods have enabled us to compete with manufacturers abroad in spite of their lowwage scale.
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immigration