Same concern over 100 years ago…

August 30, 2010 by · Leave a Comment 

While listing an issue of “Judge” magazine, the political satire publication popular for the three color political cartoons in each issue, I noted the back page of an 1888 issue has a caption: “Goods Will Be So Much Cheaper–But what will become of all the American Industries?” The print (see below) shows the opening of the “Protection” flood gates with “European Pauper Manufactures” pouring upon American industries, shown in disrepair.

With one of the concerns of the American economy today being the flood of manufactured goods from foreign plants and the flight of American industries to off-shore sites, I find it curious that an identical concern was a focus 122 years ago. This political cartoon could well appear in a newspaper today.