New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1866-07-02


s5 Is per That was very large increase IN .he
rate of duty railroad iron. Iron imported unue we
present law had to pay nov duty OF 90 ~ af in
snrance and commissions amounting TO - more making
in all 500 IS in gold $3S 81 in currency to be pald on
every tun of railroad iron brought mere Sn n ~ "a in
gold or no in currency so that every ralIoau COMPANY
that bought ton of iron would have to pay When auS
in bond as in currency over and above the cost OF tne
article abroad. The great complaint he made against pro-
lection was not that il wrong IN principle Dut mat
there end TO it. They had been told IN tne oeg
ming that protection would only be needed TOT ieW
years and then that the manufacturers OF the country
could stand-aOne. They had been adding on more ana
protection for the last 80 or Az years. ana sun,
the manufacturers asked for more. The New-fork
Central and Erie Railroads employed together hVe
times more capital than all the rolngmlls IN the United
States dsbursng ten times az much money 10 WORK the
and supporting ten times as many people lhese
renewed usually oneffh of their track every year. re-
qurng each of them, 90 900 tuns Of railroad iron AT the
present rate of duty the duty on that was sOo at ne
Increased rate proposed it would be $975000that TO
saw these two roads would pay about s 900 by way OF
protection. They had paid last year ~ OOO wv eaen as
internal tax. There must be an end 10 thatny Sou
not stand such pressure. These were only two railroad
companies. All tho railroad companies OF the Shiteu
States had paid last year little less than ior III
teal tax, and now was proposed TO put upon tneh
a. 600 600 or goo 900 in the shape OF protecton
lie desired 10 the time come when these MANUFACTURE
ing establishments would have got footing enough 10 Pr
teet themselves At any rate he did not like to see the
railroads of the country sadded with enormous taxaon
merely for the protection OF the ronolng interest,"
was now amply protected. -, ,,son
Mr. GRIswoLD asked whether the gentleman Raymond
ignored the fact that home competition was the suret
way not only in theory but in actual experiment, 10
cheaper production The ron-Tolng mills OF ths eoun
try with capacity TO produce 900 1000 tuns annually pro
dced last year only 900 TO 100000 tuns because the
low grades of English iron could be sold here cheaper 'eh
American railroad iron No branch OF INDUSTRY !. En-
gland had contributed so much TO the national
wealth and prosperity the great iron interest lie ap
appealed to his colleague Raymond not to permit MS
Judgment to be warped by the futile and speci9us ars
lv Interested railways OF
foreign manufactures II.
Mr.. WILSON Iowa said II would have been more salts
factory if the gentleman Grisw0ld instead OF dealing ID
mere aeneraties had down to details and sad now
much the iron manufacturers had lost in their business
This was simply legislation IN favor OF keeping up hien
prices aud could have no other effect.
Mr. GARFIELD said that If the duty was nxed as IL nau
already been on bar ron then justice required that duty
be put on railroad iron IL cost almost the same 70 a
tun of railroad iron as il did tun OF common oar Ion
T that the iron interests OF the country should
NOT be eaten up and destroyed by the interests OF foreign
manufacturers The Birmingham smiths more thah CEN en-
ury aud a quarter since peutloned Parliament that tne
Americans should DE subjected TO such as should
forever secure the iron trade TO England That was sun
the purpose and policy OF Great Britain those VINO de-
srod that Great Britain should succeed that policy might
vote for the proposition of the gentleman from Iowa MT
wilson, In 1850 bill was actually introduced INTO ihe
British Parliament ordering that every ronm IN America
should BE- demolished and il only lacked 81 votes OF Dei
carried but proposition carried that no ironlll
should be erected and no tphammer run by water
power should be erected In the colonies OF America Ihey
might produce the material and ship 1t to England Tor
her behoof but whenever they proposed to step beyond
and make for themselves what IRON they needed ,ne pl
ngham smiths up Parliament asking FOR such egs
atOh should forever secure the trade 10 me peoPe Vi
Great Britain. There was the same sort OF issue stiL
Mr. DODGE argued in favor Of increased protection 70
railroad iron predicting that under II mills would pnng
M all over the West not only TO make new rails but 10
rrol old ones and TO perpetuate IN the cheapest MANNER
possible the existence and progress OF railroads ara
Mr. ALLISON spoke in favor of reducing the duty on rail-
road IRON He begged gentlemen who were INSISTING on
protection not suppose that those who were opposed 10
TOO much protection free-traders lie was wiling 10
give to home manufacturers all the proecuon "nch INC
exgency required but lie knew OF an IRON MIL
in Pennsylvania which, on capital OF $.VovW, mao pau
last year sll50) Of internal tax ana ne ana not suppose
IN had been running az loss. lie found that the IRON
rolling had been growing during the year. and that
the iron-ms Of Pennsylvania had paid more internal
revenue last month than they had paid durng the
preceding year. and yet they asked additional protection
of S6 tun after having been relieved Of - AZ internal
tax Besides that other legislation had been made foI
their benent such as requiring all the Paclhc haoaa
Companies b. purchase iron Of American manufacturers
He thought that the iron interest ought TO be amply sas
fed with the present tam, 1890,
Mr. BEyJAls argued that the present duty on imported
iron Wis sufficiently high as protection to that interest
Mr. STEVENS said that all these ffcetrade doctrines tna
are now located along the Mississippi, were some years
ago down further South. had hoped that they were ex
plunged from the free, industrial manufacturing Norh
but was mistaken. Whatever else they do, ap very
sorry that the South has not taken away with II all hese
frecrade doctrines. Thirty years ago before there were
rolling mills PENNSYLVANIA for iron bars OF TINS knd the
price of the article introduced from England was more
than three times what il five years ago. Before the
war; the reduction caused simply by protecting Amer
lean interests and enabling the iron mills TO build up
rade and yet these gentlemen cannot see II or under
stand it, they blind 10 everything but theory which
is mere theory, and can be reduced TO practice
without crushing all the interests OF the country DO not
gentlemen know that the reason why England can sehd
her iron here she does because he ee OF aoo
is only about onethird what II is here Inc pce OF iron
is well ascertaned 10 consist OF onewenteth part OF cap
al and of labor IL Is OF labor there
FORE that these gentlemen striking; II il LABOR which
IN aunftp. tn nd
nf find that iSe Fesrae fase q has, with
much imphiehee put down on its list OF managers the
name of the gentleman from Ohio Mr. KAssoN
Mr. STEVENS abruptly closed his remarks at that point
saving that he was too exhausted 10 proceed.
Mr. KAssoy said IL am glad that the gentleman from
Pennsylvania has renewed his suggestion that am free
trader am glad of 1t for two purposes-hst that may
state what kind Of division exists the part of principles
which divide the House as they do the country on tins
subject There is, the hand the absolutely free
trader who wishes abolish Customhouses and let the
markets of tho world be the markets Of
country At the antipodes from here Is man who calls
himself proectonist, but who is a prohibition.
list; and who lone of them, particular friend
Of the distinguished gentleman from Pennsylvania,
told me be would build up Chinese wall between the
United States and every other part OF the world Between
these two extremes other classes one of them
wishes simply TO foster the infantle industries OF America
until they able TO take OF themselves in free CON-
petition with the energies and industries OF foreign
countries To that class Of free traders belong. The
other class of who also call themselves protec-
tonss who wish TO build mp monopoies IN the country
at the expense OF the consumer expense OF other
industries in which they are not concerned. do not
pretend say to which of these four classes any member
Of this House belongs except myself but do distinctly
affirm, and so knows the Free Trade League Of New.
York. and any other Free Trade League that regards me
committed 10 their interests that stand for the foster
ing of the nfantle interests OF America But when they
have obtained their majority and stand alone would
say, Hands off, and would then open to the people OF
the country the privilege Of buying where they could buy
cheapest and selling where they could sell highest am
for defensive measures against the aggression Of other
countries the interests Of our own; but am not for
competition in the markets in which they compelled
20 buy and SELL II that is TO be free trader glory IN
the word The millions of people in the West cannot