Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1888-03-30

labor are large, the capitalist NAV nv
snch methods keep his investments Sc
cure and still make profits, but what ia
10 become of the laborers who are thrown
ont Unemployment by stopping the wheels
OF machinery and limiting the amount of
product? And what is to become of the
producer OF materials to be consumed
by the manufacturer When the fires
are shut off the laborer and material are
shut of at the same time and the mar
Ret for both are gone. Whether they
isoor IN the factory or field whether
lhey produce cotton, wool, hemp, flax.
coal, or ore whether the product of
thor daily labor is cloth, iron, boots.
or shoes, they must have con
slant employment to obtain for them
selves and families the necessarics and
comforts of life. When ont of employ
ment, with earnings cut short. with low
prices for their products, caused by the
closing OF the market, they still must
pay Tor whatever their daily wants re-
quire the prices which trusts have fixed.
What Is the remedy for this wrong? 1t
Is more extended markets for the sale
OF our products and constant and
active competition IN business. With
active competition combinations and
pools are impossible. With the markets
of the world open 10 us our manufac-
turers may run their mills on full time
and give constant employment to their Ia
borers with a steadily increasing rate of
wages. With the markets Of the world
open 10 the sale OF their products they
Will create an active and constant demand
Tor all raw materials required in manu-
featuring, which will stimulate, promote.
and reward the wool growers and pro-
ducers OF cotton, hemp, flax, hides.
ores, and other materials OF manufac-
ture. The annual product of our manu-
factories Is now estimated ri 81, 600. 600
900, OF which amount we export only
about Sl36, 600. coo, or less than 2 per
cent If we could obtain free of duty
such raw materials as we do not
produce and can only be procured
IN foreign countries and mix with our
home product in the various branches of
manufacture we could soon increase our
exports several hundred millions. With
uutaXed raw materials we could keep
our mills running on full time, our ope-
natives IN constant employment. and
have an active demand for our raw ma
terlals in our factories. II there should
be no duty on any materials entering
into manufactures many articles now
made abroad would be made at
home which, while it would give more
employment to our lahorcr, would give
a better market to many articles which
we produce. and which enter into manu-
features, such as cotton, wool. hemp,
ilaX. and others. In starting on this
policy We have transferred many articles
from the dutiable 10 the free list. Reve-
nues now received on these articles
amount 10 so, 1872 0j. Three fourths
OF this amount is collected on
articles that enter into manu-
features, of which wool and tin
plates are the most important The
revenues derived from wool during the /.
last fiscal year amounted to s., 800, I
Sl6.e3. and the revenue from tin plates I.
to s.. BOG, 433 .0S The repeal Of all du- /
ties on wool enables US to reduce the du- /
ties on manufactures OF wool to
81. 1872, 2lLGj. The largest reduc- 1
ton we have made is in the /.
woollen schedule, and this reductionwas
only made possible 10y putting wool on
tine free list. There is no greater need T.
for duty on wool than there is for duty /.
on any other raw material The duty
ON wool makes it necessary TO impose I
higher duty on goods made from wool, /
and the consumer has topay double tax. .
II We leave wool untaxed the consumer f.
has to pay tax only on the manuiac- /
turcd goods.
The report continues Mt great length .
10 explain the action of the committee I
in framing the bill.