The Iowa plain dealer. [volume] (New Oregon, Howard County, Iowa) 1867-1895, 1881-03-17

lection price ri tho blankets become
IS. The consumer must pny % u pair
for foreign made blankets, I. q, % for
the blankets ind ~ for the Govern
mcnt. Now, he might not object to
this latter contribution To the Nation.
,, III Treasury, albeit u Tux OF two. thirds
the value OF the article IL heavy
one. hut he must pay IS O pair for
home nude blankets also. ~ for the
blanket as before, md - us /. tribute
to the manufacturer.
FACTS AND Figures.
Even yet WE do not get tho whole
significance OF this arrangement.
The double duty OH blankets from
20 to 30 cents per pound specific, and
50 per cent, al rnlOren,-- Il prneti-
CHILLY prohibitory. The protection,
al rnlDrem, sometimes figures to 10
per cent. What Il the consequence?
| The Tux Ibid nnd defended as II re-
venue Tux produces no revenue, but
the people pay just the slInc, the
money going altogether to sustain
thu manufacturer. Thus, In 1870. the
value Of blankets imported was only
$l.I53. The duty collected Their OH
Wns Il .o33. showing IN average Tux
OF ST per cent. We consume some
thing like 30 100000 worth OF blank
cts annually. We pny therefore to
the dozen manufacturers CT Mass-
achusetts and Rhode Island IN an
ual tribute Of about ;l7,OOU,OOO.
1t will not he claimed that the du-
~ OF the foreign commodity Is al
ways the exact measure Of the loss
OIL the domestic manufacture which
the consumer ii obliged To make up.
Where the industry Is too vigorous
FOR restriction the duty signifies moth
ing The duties Oh imported wheat,
hurley and oats hav. obviously no
influence Oh the farmers prices; he
sell, in the open market OF the world.
When the = protection" Is excessive,
the promise Of abnormal profits In.
duces Il crowding Of capital into the
industry affected, and prices are cut
down by competition below the pro-
tective margin. Again, there are
distinctions rs to pattern style and
quality which the tariff cannot meet;
the foreign goods are preferred at
an advanced price and tho domestic
manufacture Is therefore unable to
exact the full amsunt OF tribute In
dicated by the duty. hut that the
tariff raises prices In some measure
nay, In Il large measure cannot be
questioned. That is what 1t is for.
And 1t would seem most moderate
estimate TO average the advance at
two thirds OF the duty on tho CORE
spending foreign commodity.
Applying this reduced scale, the
results we reach nrc sufficiently i'm
pressivc:--
The home production Of cotton
fabrics may be put down for 1879 at
$35O, 100000 Average duty against
importation, rs per cent. Tribute to
manufacturers, at two-thirds the
duty, ISL, 100000. Thc Government
revenue from cotton In 1873, was &c.
SIT ,OO2. Ratio: One dollar for the
Government, thirteen dollars for the
manufacturers.
For 1870, the value ofour domestic
WOODEN manufactures Is estimated at
$2S3, 100000. Average duty OH i'm
ported woolcns, 81 percent. Tribute
TO manufacturers, ut Al per cent,
Sl24, 100000. The Government rev.
enue from the tariff on WOODEN goods
was, for 1879, slG,s6s, $50. Ratio
One dollar for the Government,
seven dollars for the manufactures.
And SO we might so on indefinite
".