New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1890-10-31

10 Jssuarr 1901 - - 20 for To afse uoatA and n
points len each succeeding mAufA aown - so.so -!
the LEST month. II b sss tsAE ~ price has !umssa
nm during September and October to $3.50 on account
~ sn.custion but you zee by tho figures that II has
Ia.eiy declined On October e6, 1889, TIN pigs were
selling Al c31s: 90 you see tey ne sotuai1y cheaper
now than Q year ~. y
9The kind Of tin that Is used principally for cans
ana all tho cheaper qualities OF tin ware is known TO
tbs trade a. IC cose plates. 1%x2o Inches N SIZE
in August, 1889, and on up 70 January, $780, tho
mira OF these plates advanced In Enghnd oeoauss q
an inereased cost Of msteria and enlarged Demand.
Tbere was no corresponding advance In America b.
cause dealers he were well supplied at thsk time and
beleved that the advance abroad, a. events sub
seouently proved, would be but temporary. This
year there has been another advance IN England enc
a corresponding advsnee IN this country, due MOI 70
tho tariff hut rather to the present scarcity In TINS
special line OF goods. On october &C. 1880. according
tn The American Metal Market standard authority
with the trade tho price for Bessemsr tin or coke
plates was a 1884 80 . box, very cheap grade
being quoted Ut q 70. On October 49, 1890, tho
corresponding date for this year. tie same goods sre
quoted at Is AZ 1-2Rs5 so instead Of % 60, a. the
froetrahe paper hss IT. Adding the duty 10 the price
in 1880, which duty, by the way. does not 90 into
effect until 1891 the price now ought TO be % TO-
tho freet trade argument Is good. 1t - TO be noted In
this connection that foreign holders OF these goods ars
buying largely and advancing prices because they think
that for the present We must buy OF them or not ~
ALL and that We can get Benent Of the tariff under
year.
To rcfute, however, statement made In the article
referred to that there immediate prospect OF home
manufacture. Mr.. De Milt showed q number Of sample
plates Of superior quality Just received fro manu-
factory at Apollo PENN whose proprietors like others
throughout tho country preparing 10 enlarge their
present plants establish ones. "Ths Intention
to enter upon home manufacture said Mr.. De Mit,
ais we'll understood by the trade"
A further statement In the free-trade article that
there has been no advance in the raw material In
Europe is rcfued by the following figures again taken
from 1.-THE American Metal Market On July 12,
$780, the English price for hematite pigs. tho raw
material from which the plates made. 80 shlll
ings pence, and at the corresponding date Of 1880
the price was only so shilings 1o pence while on
october Of this year the price 60 shillinss,
against so shillings pence in 1889. These figures
plainly show advance In the raw materials price.
"And here added Mr.. Dc hiIt. ais another false
assertion OF freetrade friend, who says that Or
binary Bessemer coke tin is selling at 81 90 TO 81 40
per box more than in August-meaning August Of this
year. Taking The American Metal Market again as
authority, find the quotation for August 10 to be
as l2 L., while the quoted price is IS AZ l-2@
SIS so, difference OF only "a cents instead Of 81 10
So the further statement that the American public is
paying over 100000 a month more than 1t was for
their plates short time ago falls to the ground"
In closing Mr.. De Mlt said ~ have not the
slightest doubt that In the course OF the next one or
two years the American consumer OF tin plates Will
reap the advantage that he has always enjoyed
when the production OF article not heretofore manu-
featured In this country was stimulated by protective
duty. We cannot build up new industry In few
weeks or even months. and the imposition OF tariff
rate, however encouraging 1t may be, win not imme
datcly produce the expected results. II seems TO me
that the mistakes we have noted and the figures we
have given destroy the force OF the whole freetrade
article