Weekly Chillicothe crisis. (Chillicothe, Livingston Co., Mo.) 1878-19??, 1884-03-20

cr, found in the present law which ii
would be only just to correct Among
American Iron and Steel association
for the year 1882, made May |, 1888,
by James Swank, secretary of the
association, he says at the beginning
of June nearly all the mills referred to
(rolling mills in Pittsburg and the
wcsD were closed by II general strike,
which continued until the last of
September, when work was resumed
upon the scale of wages which pre-
viously prevailed. During the strike
for months the prices of rolled iron
did not advance. notwithstanding the
stOppage of so many mills, Il fact which
clearly demonstrated that the capacity
to produce this form Of iron had again,
rs in panic years, exceeded the demand.
At the same time it must he frankly
admitted that our rolling capacity has
for some time been in advance of the
consumptivc wants of the country, and
that the ovcrproduction of rolled iron
which was afforded by the strike OF
1882 was in no sense calamity Ia
manufacturers. II is believed that the
condition of the iron and steel indus
tries and the workers in them has not
much changed since 1892 that the con
ditiOn of other industries is not unlike,
and differs only in degree from iron
and steel; that the calamity of frequent
recurring of industrial embarrassment
and inforccd idlcncsS is inscp lrahlc
from the cnormiticS of our protective
system, and that the calamiticS of
uch system always fall upon
the laboring poor. Your com
mittcc; therefore, report Il bill To re-
ducc import duties and war tariff
taxes, with the recommendation that
it be passed rs II measure Of partial
relief to the people from unnecessary
taxes, as measure of justice to
consumers and conductive To
general industrial property
MINORITY RErORr
The minority report was prepared
by Mr.. Mckinley, rs follows: "Thc
undersigned, dissenting from the
views of the majority of the committee
on the tariff bill, beg leave to present
'rho a., onr,,@rag, @ ,,nJo ,,onnrnI 20
vision of the tariff, securing important
reductions in duties upon imports. In
Il few cases the reductions were below
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eo"ntrt' '"o lol'N -Se,' 'i,'" ,o.,S,'sS 1T
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!r M; "'iu .!l;"l' u"n's ~, ~, l,;o"i
men, after the fullest study of the sub
iect, calling to their aid representa-
tivcS of all interests and all views,
made Il recommendation for revision
of the tariff, which, with some import
ant changes, was also adopted the Sd
of March, 1888. The law went into
effect the LIST Of July, 1888. and has
therefore been in operation about
eight months, too short time to have
given il sufficient practical test. Its
effect upon either revenues or the bust
ness of the country can not vet he as
ccrtained or determined. 1t should
have fair trial and its results be fairly
known before we enter upon the sub
icct again. The reduction proposed
by the bill now under consideration is
% per cent, and it is noteworthy fact
that not single interest in the
United States has asked for it, Neither
manufacturer, miner, laborcr, farmer,
nor consumer has demanded the pro-
posed reduction. On the contrary,
every interest, manufacturing, labor
ing and agriculture, represented before
the committee on ways ana means,
have protested most earnestly against
the change recommended by the ma
jority OF the committee.
FREE TRADE THEORISTS.
We have said that no interest has
! n,LnJ for II. vn shnuld have nynprtpI