We sell a bale of cotton raised right by the side of another bale of cotton. Farmer Jones raised them both. and 1 bale of cotton is shipped to Japan and Japan buys it at 7 cents a pound. or whatever the price may be. while a manufacturer in New England has to pay 17 cents a pound or 1612 cents a pound for that cotton. Japan could have that cotton shipped to her at 7 cents. manufacture it with pauper labor. ship it back. ride over our tariff wall. compete with the New England manufacturer. and put him out of business unless we start in again to raise the tariff walls. and when we raise the tariff walls any higher we are going to have other nations nullify our action by increasing their tariffs. So we are driving ahead on a philosophy of producing for the United States market alone and for no other market. That Is how It will work.
Keywords matched
pauper labor