Another argument in favor of protection, which is often urged, is, that we should protect our people from the competing effects of the pauper labor of Europe. If this object were accomplished by a protective tariff, one good purpose would be achieved. But what are the facts? The manufacturers avail themselves of the higher prices warranted under the tariff, and then import their laborers and operatives from Europe, and, instead of finding, as formerly, American factories, furnaces, and machine shops, operated by Americans, they are worked mainly by imported laborers and operatives, and those who were to be protected and receive living wages are compelled to seek employment in other pursuits. Instead of protecting our own laborers from the competition of foreign pauper labor, the foreign laborers are imported, and supersede those who were promised protection. Another argument in favor of a protective tariff is, that it will afford a home market for the agricultural products of the country. Is this true? The vast agricultural resources of the great west and south demand the markets of the world. Illinois and Iowa can produce enough to supply a manufacturing population who, in turn, could supply all the fabrics and manufactured articles demanded by the entire population of the whole country. If we are to have the balance nicely drawn, so as to have a manufacturing population sufficient to consume the agricultural products of the country, then we could furnish the manufactured articles at rates that will allow us to export to other countries and compete with them in their own markets, or else the supply will so far exceed the demand that only a limited number could continue manufacturing pursuits, and a protective tariff, no matter how high, could not furnish a market beyond the demand. Let us refer to the returns made to the state department for an illustration of one point: In 1860 the exports of manufactured articles to foreign countries, under a revenue tariff, amounted to $21,351,562. The total amount of like exports in 1871, under the present protective tariff, amounted to $13,038,753, in coin. The exports in 1860 were in excess of those of 1871, under the highest tariff ever known in this country, $8,282,811, showing that under a low or revenue tariff our manufacturers could, and did, sell in foreign markets more than under the present system of high duties. Again, if we look at the exports of meat and breadstuffs for the years 1860 and 1871, we will find the amount exported in 1860 exceeded that exported in 1871 $2,000,000. We have not the figures before us, but believe they will show a still greater falling off in 1872. Now let us look at the imports during the same period. In 1860, we imported manufactured articles to the amount of $146,177,136, and in 1871 to the amount of $165,463,679, being an excess of the amount for the year 1860 in the sum of $19,286,543. If we add to