New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1888-10-09

nothing but what he reads old English teSeoc 9ss
na. the duty saasd c" TO Of % ahS
the amount Of the original duty imposeu, VIZ: So
Consumer pays the amount Of Inc duty, then de-
Quoting the S2S duty here wouid ho' DO oo'
WHY NOT BUILD NEW STEEL WORKS.
SITS the fashion Just to assert that the manu-
facturers Of steel rails in this country have made I'M
usual profits Nothing could be more groundicss. Inc
capital invested in the Bessemer steel rail manufacture
taken as whole has not paid interest II the pusl-
Is so profitable, why don't those that think SO IN
vest In II. They need not build new WORKS. Ing
shares of many of the existing works cap be bought
any day through brokers for hess fhan the capital In
vested as shown by the books of the concerns, We
make much more iron and steel In various Shapes tau
do rails for rails have not PAID us as much per pn
as other forms The rail busness'is good ABOUT
year In four. and then fog Jour yesrss nsnu
facturers fortunate that pay their interest account
competition is so terribly severe -, ,.,o s
"Isn't that practically settled already Eyefy-
body In Britain whore have been Is Tor Cievcians
Won are not going to disappoint our dear English
competitors That would be too bad such h1nI pie p
elccing p esldcnt 10 the interests OF Americans
have you seen the last number of Punch The leading
cutting her acquaintance saying aside to her however,
Il must not recognize you at present. Thcy unus ,s
stand il there. and I'm no country In all the wofn
would his reelection be hailed with such joy.
BUsINE ss MANS VIEWS OF THE MILLS BILL
q But 1t is alleged by the Democrats that the NILS
bill IS not very severe
Gin some respects 1t is very severe. but the bust
ness view Of 1t is this: II President Cleveland Is
elected and the House is Democratic We know the SEN
ate will remain Republican. What, then. Is the re-
suite Years of anxious uncertainty. No man In
manufacturing enterprises and no purchaser Will De
able to Judge what Is to be the result Consequently
enterprise will be paralyzed The prompt passage OF
even the Mills bill, with changes which are essent,ai
TO prcvent serious injury, would not be much more
detrimental than period OF discussion ana quarcls
over any measure which radically changed duties On
the other hand, II Harrison IS elected every business
man will know that no great disturbance TO eXs,Ing
conditions win arise. and, further that any change
made will be with view still further to give the
country It's supplies in all departments more and more
from It's own resources. mailing II less ard less do
pendent upon foreign markets for its wants.
Another thing. iIarrisor's election Will produce
confidence Cleveands disIist, ard the difference is
prosperity insured depression probable. The con.
ditions favor period of prosperity, except for steel
rails, which must be sold for no profit until railroad
buk.Jng rcvives and. therefore. speaking as bust
ness man ard not at all as politician. am most
anxious for Hariisons success IL means prosperity
-, ehe few capitalists and manufacturers may get
along and really suffer depriv alton beyond having
profits reduced But this Is not ALL This question Is
The workngman's question The foiling masses are
be the real sufferers II they fail to understand the
and fail 10 support the protective system under
which they have become the best paid and most pros
perous working classes in the world. There Is always
Ibis pleasing thought, that the manufacturer makes
most when wages highest that the interests of
capital ana labor mutual and not antagonistic."