Eaton weekly Democrat. [volume] (Eaton, Ohio) 1866-1875, 1870-10-20

w.
manufaoturefs Of drugs chemicals and
Edye-stum Of yArious kind, were frequent
'N brouRht forward By the oDDonehf5 Of
protection IN Congress to point the moral
The man who obtains 4 patent for n In
vention Of any kind, Is given EXCLUSIVES
onr q tne market tQe thai invention. IL
in economlzing labor and facilitating pro-
duction will cheapen the cost Of & useful
article several hundred per cent, or sup
ply q need lanG felt, the owner of the
patent VIII soo< q cQutfRt with mail.
profits. I'd WI not ~ Ahe Material
cost me = dQIIl4s, the cost Of UAking
amounts to3cqllars, renls are dollars
taxes are - dollars, and interest on the;
money invested in the business amounts
to - dollars. AZ he has e monopoly, the
price of his machine, or the privilege of
using his invention, will Be ga0red BY the
advantages it offers to purchasers. Sup
pose Elias Howe had q patent which
covered al the principles Of conBtruotioa
to be found in any of the sewing.machines
in the country, what would such .
monopoly bring in the nArketPE lOt
About five years ago, when another
fenoERousshoist was given to the rates of
customs duties, q special tax vas laid on
mAnuiaeturers of four ia , half per
cent. They professed to be satisfied With
this afrangemen& because the tariff
shielded them againsl foreianc Competition
without fhe tax al with ii, becauso the
demand for their pIcduc|a = tHal tIme
was greatly in excess o. tho supDIV. and
the cost Of production was not made the
aRGe Of dAlCnlation iRdetermtpip4 what
the prices 81 3heirh gooda And wares
should be. In releasing the manufacturers
from the tax, the people at large were
l MT onohlod IN h1~ Goods nhoo~oR o~d
the heaaury lost about $e0Q00.O 900.
1--we now understand now the repeal Of
the sax on sales win resalt Ln a great re-
| lief TO he people, but they will not oh
tain SHef from the repealof a tax imppS-
ed on classes of monepolists whose prices
nd demaud Wien fhe dedts Of coh1sti-
tion are open, but by an auth63AysR1ich
makes he public subject to them in the
kbusines4 index their 0bnkfol. n
If u tarfh laws have not given manu-
lecturers a monopoly, very many leading
Aeprbllean journalists and Congressmen
q those laws If the railroad c6fpora-
tons q thla eountry are not nonopQlies,
large m1ioEty of the people are MS
taken NonS1Ais point. If tAs Ndtidnaf
Banks have lot been granted special and
exclusive privileges, men Of both parties,
in dealing win thossinstfuttdns and diaTl
Cu6bAuk bAG lunuCAC0 GAOI OAOkb OA b1O
business and legislation0of theD country
have been led into errors -ooncern-
ing the character and powers Of The
banks. nHNTFF
Congressh las repealedth tx On manu-
factures. ,Hhas taken4 OF he .special
taxes on hStionkf bahASaud railroads. It
hRscut acknowledgements one-h hall, by
which heavy capitalists VIII be most di-
Tectly and greatly benefited, ana low the
RepVbieaH press is busy in alleging that
thes8 dimin1fions in AzatDh will relB4se
the whole body of the people from bur
dens equal TO- thes1e3tdntt OF the loss of
revenue which win be occasi0ned BIZ such
action.
the eoasnmerin e~i5eRses pays the tax,
The idea Is that the TAX enters Into eon9
heldefation with the prodpeWin defermin-
ing the prices ofhis produces. Solar al
this ideA il concerned the rule vii not
apply 70 monopolisks. TheH pf1ces are
determined, not by cost OF production, in
Guiding taxes and-expenses of every de-
FErlption, but by the necessities of pur-
cnagers, and the ability 20 control the
market. Congress has taken burdens
not reduced Hose Of poor men4and work
(mgmen-Chicdqo Times