Richmond palladium. [volume] (Richmond, IA [i.e. Ind.]) 1839-1854, 1844-05-03
Aug ISL. Aus. 1912 Jan. 1919 ]

s s.:.:::: Z & i j !: Is
Leather Pal, perlb 81 - pa -
Leatner Rals. DO 29' y % 2a.
\ Y rcd do Isl Is II
do Boston re DO % 1874 -
Eastern dry hiie- DO u Ia Ii l6
From tins table il viii be seen that cotton gools
above specified, continued steadily to decline in
price after tho passage of the present tariff law
until time IN 1913. Since that time thcv
have advanced slightly. although they still
lower than lhoN woro prey Iols Ia the prssago of
the tariff. Tho late advance in price has boon
accustomed BY tho rise in the price Of cotton.
The article of leather. article of great mpor-
tancc ana large consumption with tho people of
Indiana has been gradually falling aud is
from twenty TO twenty five per cent. lower than it
was before the tariff of 1912. This certainly
docs not look like taxing tho people these
ticlcs.
The following IS statement Of tho pricos at
Philadelphia Of articles extensively used in tho
west.
Aug 1ail Aug Is.e ia, 1919 JAN. Is4t
Cut Nails 100 ihs sos sl.H 100 Sitoia5
Grass Sy,hes doz $3.50 $3.50 g TOO ssn9
Axes per dog sllcl6 slf,ole sia"lt sri .ola
na eis spade Sbo7 30 sGto7,5o s5,51 ,o75p s. 10
N1 -a"s per "ot - .oets. 20 cis G5cs
Crose do 3~A 3~A 314 ISL
Hollow ware ton $3.50 s6a.5o 81 50 SIS
This table might be greatly extended. all show
ing the Same result. TINT IRON waro of every dos
. criptlon. has been purchased by tho consumer
cheaper SINCE the present tariff wont into opera
, ton than they woro purchased before.
The following table will show the prices ut
New York of several leading articles upon which
the free trade advocates contend that the people
are taxed BY tho operation OF the tariff.
Jan 1911, Jan ~. Jan. - Jan. "a.
Bar Iron, com Eng ton S7l.25 s525o $685. s5a.7a
Bar Iron refined do do $3.50 s76.!5 $3.50 x67,3o
&: DO DO a:: 10 &c. 5s ssss sss;ss
Wrought nails per ID ia cts InA cts Gets
C"' ne. MP per ao 90 do s,-.ss 81 40 ~;
5aovcls do DO 800 900 ~ ~,
The prices of the entire list of manufactured
! goods consumed by the pooplo of the west may
be examined, and the same results will ba saon.
: that they arc now invariably cheaper than they
wsra undor the low duties of 1911. Cotton
Wooden and Iron fabrics which are consumed by
/, all classes of the community nstead Of bocon-
.Ing doarer under the operation of the increased
dutlas have become cheaper. II is true that n
slight adFance IN price some of these articles
has occurred "itn the last SIX months; and the
opponents OF the tariff sIaze upon this fact with
@fo}l a' iditN as an argument to prove the position
they assume. that tho duties aro n tax upon tho
consumer. They wholly overlook the important
fact that notwithstanding this increase of price
all these articles are now lower than they wero
when the duties were at the lowest ppnt undor
the compromise act. The people instead of be-
ing compelled 10 pay higher prices for their goods
IN consequence Of the tariff, actually buy them
much cheaper. lis strange. lis passinc
strange that with tho evidence of their own
senses daily contradicting their assertion, men
can be SO infatuated still to ride the hobby Of
taxes and high prices, and endeavor to convince
the people that they are oppressed by the opera
ton of the tariff.
| The increase of prices which Ias been lntcly
witnessed Is tho result of tho increased price of
labor and the raw material used by the monufac-
turers The laborng portion of the community
are as much entitled to the fostering care of the
government, as any other class. One important
result which was predicted by its friends as tho
consequence of the tariff was an incroase of the
price OF abor. and the anticipation Of that result
furnished strong argument favor Of its ador,-
ton. Time has realized the anticipation Of It's
friends. y II Increased stimulus has been given
to every department Of industry more entire
demand has been created for the raw material.
thus giving additional profit to the agricultural
produccr-iabor has been more amply compensa-
ted than heretofore, and .last though not least
IN Importance to the people of Indiana, tho bread
stuifs and provisions Of our fertile state, have
found a more ready sale at increased prices, un-
der the bcnccnt operation of this great national
measure. And yet notwithstanding all these
important advantages the constant clamor about
! increased taxes and high prices Of the goods
buy IS shown by experience To be but Idle decla-
nation. Yours &c.
CALEB 3. SMITH.