Evening journal. [volume] (Wilmington, Del.) 1888-1932, 1890-08-05

tecton-is affected at all by the volume
Of production here? That is to say. take
an article which is protected here. we
will say like sugar, OF which an incon-
sequential amount is produced in this
| country and Task whether the ta1if has a
different effect upon that than It has
upon an article of merchandise, cotton if
you please, or wool If you please. in which
nine tenths-I am not stating nine
| tenths Of the actual amount, but TO
| illustrate tin which nine-tenths of the
value produced Is the production of the
Uuited States; / ask IL there is any
difference there In the effect of the tariff
upon the pricei All writer's on political
enconomy say that there is, and the case
/ Of the potatoes illustrates the difference.
Mr.. Carlisle-I have no doubt that the
price Of all articles Is affected to a greater
or less extent by the amount of produc-
zion of those articles, not only in this
country, but throughout the world
Mr.. Hisc0ck--I do not want to carry IL
to the whole world. / want to conhne it
to the United States, where the great
mass Of the consumption Is of the Aneri
can product win put this case also: Sup
pose duty Is 90 per cent, is there
difference between shat case, II IL is so
per cent. and case where 1t is 90 per
cent? lis there . difference II it is 10 per
cent? Or is it an iron ruler l undertake
TO say shat the domestic price here Of
goods on the like Of which a heavy duty
Is imposed, II the larger consump-
ton is OF the American goods is not
affected by the duty. Ii may be carried
TO such an extent that the tariff prActi-
cally, has no effect upon the domestic
price,
Dir. Carlisle-To crafty the Senator
from New York, | will omit the rest OF
she world and conhne my answer to this
| country alone. repeat, then, that
have no doubt that the prices Of articles
are affected to greater or less extent
| by the amount Of production in this
country that is to say, as the production
| increases the price will decrease If COM
| petion is free and IL there is no combine
tlon to prevent or Obstruct 1t; and in the
case supposed by the Senator from New
York Of sugar and WOODEN goods, which
believe he mentioned
Mr. Hiscoek-I mention wooden goods,
but do not undertake to state, of course,
the proportion Of the consumption of
wooden goods which are produced here
that is, the amount of tho American pro.
| duetlen which Is here guned-but
simply taking 1t that 80 per cent. is
produced here that Is consumed, l asked
whether IL would have different effect
upoR the price than 1t would II only 10
per cent Of the woolen goods consumed
| In America were produced in America.
Mr. CRTlislo-I agree with the Senator
from New York that there is no iron rule
upon this subject, and there can be none.
What l was about TO say was that while
the tendency is inevitably to diminution
Of prices, with the Increase of production
with free competition, yet until you have
reached the point where the domestic
production lie sufficient to supply the
whole or substantially the whole Of the
home demand, the price is not affected.
In the cass Of sugar, We produce only
about one-ninth or oAe-tenth Of the
domestic consumption, and the re-
mainder of it is imported, part Of II
free from the Hawaiian Islands and the
rest subject to duty. In the ease Of wooler
goods, we produce larger part Of tbs
domestic consumption and rapport the
smaller part. Now, whenever we reacl
the point where the domestic production
OF sugar, woolsn goods, or cottsn goods
is sufficient TO supply the domestic de-
mand, and there ars no combinations, sc
that prices come down, Importation
must diminish or cease.
So, then, we come back to the origina
proposition, that 80 long as these i'm
Portations continue and the duties are
paid upon them, and the foreign srticlsi
continue to be sold in the American mar
ket In competition with the American
production, the conclusion Is inevitable
that the whole or substantially the whole
amount Of the duty has been added t.
the price iof she American article. i
may not always be added, and it doe
not always follow that, because there Il
an importation OF wooden or any othei
kind of goods therefore the duty ha
been added to the price Of the domesti
article, because IL may happen that Nh
importation does not actually compel,
with lths domestic production Acceun
OF some actual or faneied difference II
the value, on account Of the taste o
the people for foreign artistic Of Ger
tain kind in preference to the American
article Of the same kind, although tn
American article may be In fact tn
best
But whenever the conditions are squs
! and the articles are Of the same kind o
substantially Of the same kind, and tn
duties are being paid and the article
sold here In competition al q price who
: will pay for the cost abroad and TefuA
: the duties and charges, the America
article must be selling at the same {
) substantially the same price.
That Is the rule which stated, and
z the Senator from Rhode Island or th
u Senator from New York can show ths
; it is not correct shall be very glad
! hear them. think no business man
: this country will contend for an instan
that he can 20 into = market and sell hi
y products for 81 q pound, for instanc
= or 81 a bushel unless similar products {
. ether people oHsred fer sale in the san
: market are bringing the same pric
, You might as well attempt to conVinC
the American farmer that he can tai
q his wheat ts Europe and sell It for 9l.t
\ n bushel while Russian and other whei
u OF as good a quality is selling for 81
l. bushel in the same market, as to al
y tempt TO convince him that we can In
10 port SIS, 900, 900 worth Of WOODEN good
is and sell them here for $50, 600, 600 unle
the same quantity and quality Of dome
tic goods are selling at the same price.
"a had not the slightest idea Of sayiI
u anything In response to the senst,
: from Nevada until after | rose, but 81
e statement made by him that Great Brit
~ ain taxes her people under her custom
laws about the same Amonnt per espli
. that we tax our people seemed 20 nae
90 require some answer. II the taxes in
IS posed BY this bill when 1t shall becoI
10 a law could all 20 into the public Urea
y ury and DO utilized for public purpos