Democratic Northwest. [volume] (Napoleon, Ohio) 1869-1894, 1890-05-29
As to Sugar,

There are three particularly good
points in the admirable speech made by
Mr.. McMillin exposing the character of
the Mckinley bill. One is table show
ing that in many lines ofmariufacturers
the existing duty is much greeter than
the whole cost of the labor in the man
ufactured article. Instead of duties off.
setting the difference between Euro.
pean and American wages, we have
duties much exceeding the whole of the
American wages, and the Mckinley
bill proposes to make them still higher.
The second is q calculation showing
that the changes made by the McKin-
ley bill injure the farmers o great deal
more than they benefit them, The
third Is bit of testimony before the
ways and means committee in which
Governor Warmoth objected to substi-
tuting bounty on domestic sugar for
a duty on foreign sugar because the peo-
pie would not endure the protection
system when the disguise was taken off.
The following is the extract from the
testimony taken by the committee.
Mr. Bayne-How would bounty operstes
Mr.. Warmoth--It would be destructive to the In
dustry.
Mr. Bayne Why so9
Mr.. warmoth- Because II would disclose the fact
which everybody understands, that the tariff is q
bounty, and the moment 1t IL understood that
Isingled out and bounty paid into hands there
would be universal cry for the destruction of that
Mr. Bayne--From whom would the cry come!
Mr. Warm0th -Unanimously from the country.
Mr., ,Bayne Suppose the effect Of paying bounty
would be to develop your industry and make 1t pro-
duce an adequate supply for the Of the
MI. Warmoth- NO bounty would be or any beneh,
70 us, because It would be very short lived. We
could not get man to put capital in the sugar 10
Governor Gear, of Iowa, is the proud
father of that portion of the Mckinley
bill which takes the duty off raw sugar
leaves duty of 4-1O of a cent a pound
on refined sugar. and pays a bounty of
centsa pound On domestic sugar. In
his speech on the tariff the governor
I,admitted that the sugar trust protested
tagainst the McKinley bill as, originally
drawn because it allowed the refiners a
protection of only 1-5 of a cent pound
They insisted that they ought to have
at least 3-5 of a cent. The Mckinley
bill as reported to the House gives the
lrefiners 2.5 Of cent a pound, which is
not all they asked for, but is twice as
muchas the bill would have giventhem
| II they yhad not made their protest. And
they whensMr. McMillinasked the gov.
ernor5w r5wbySngar trust stocks went up ar
aggregate Of between six and ten million
dollars Immediately after the McKin
ley bill was rev ised the governor said
he couldn't explain 1t. % 4BE
| Under the Mckinley bill the refiners
win get all their foreign raw 'materia
free of tax. The Government viii
help them to buy all their domestic
raw material by paying two cents O
pound for It. Ostensibly this two cents Q
pound will 60 to thesugar Faisers, but the
sugar raisefs will have. the product al
the foreign price or they won't sell
it at all. SO the price of the domestic
sugar will come down to the price ot
the Cuban sugar. y The existing duty
increases the price the refiners have Ia
1pay, for Cuban, sugar; the proposed
bounty will reduce the price the re
timers will have to pay for Louisians
sugar. k
Governor Gear must be the only mar
in the United States who doesn't uh
derstand why the McK Kinley bill hai
doomed sugar trust stocks. 80 Nati0nd
Democrat. Et a