The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1890-12-24


the Harrison Administration cane IN
there was : squabble on tho part n tho
carbonate ring 70 got silver-lead ores
put on tho dutiable List BY tho Treasury
Department
A decision was given BY Secretary
! viadom which restricted the importa-
tion OF tho Mexican ores. and the price
| OF lead began - once - advance from
the old figure Of SO cents . pound
Last May the paragraph In the Mck'r-
ley bill imposing sduty Of ~ cents >
pound on all tho lead iosllver-lcad lux
ing ores brought In from Mexico WAS
passed in the House. after . sharp de-
bate. and the ring became coniden mt
that II q tariff law should be enacted ~
would impose such . duty. Thereupon
| the price again began 70 advance just
before the vote on this paragraph the
price in Chicago and St Louis was 35s
| to 4 cents. The following week u was
~ cents II 10 now about 0 cents
Now the question for such high tariff
organs as tho Press TO answer Is this:
Who're Is the profit TO tho country at
large in paying 24 cents a pound higher
for its lead in order that q few hundred
or thousand miners in Arizona and New
Mexico may get higher wages? Is II
economy? Would any intelligent farm
or or business man conduct his affairs
on such a principle?
The duty on lead played directly into
the hands Of the lead trust By caus-
ing a scarcity OF lead IL enabled the
trust to put up prices There was
actually a lead famine. On October 4
.he Now York Engineering and Mining
Journal said:
The lead fam'nc stii continues. and that
It Il owing % the shortness OF supply In the
United Stat - Of suitable smelling material
and nuxinx orr there u no question OF
doubt from the state 81 affairs nov existing
IN cadviile. C,L. THIS district when the
discussion was going on NJ to whether Mex
lean fnxlng ores were admitted or not. was
represented by those opposlns the admis-
sion as being capable OF furnishing not on y
sufficient for its own smelling indust' y but
a large surplus for smelters established
else Now t-eadyiile IL actually i'm
porting Mexican taking Ores in spite OF 8 =
long haul and high psi.c. 70 keep her own
smeiters goi,gi
In recent years there have been
scarcely any importations OF pig lead.
the old duty being p~rohibitory; but now
that the home market price has gone so
high. importations have again set in.
Notwithstanding tho duty Of two cents
= pound. For the week ended Novem-
Der Is about450. 900 pounds we're entered
at New York.
Tho lead duty is bearing its legiti-
mate tariff fru { in building up trusts
A recent number OF tie Metal Worker
SAYS:
Too lead brsir 30 Of tfe country IL rapidly
fri 'tinR into IN. control OF a few orga iza-
tsn< The evidences Ct succ - ~ the lead
trust, the eombfn alton OF the white lead In
t.iests. wish two smelling plants and one 70.
nnery allied with Il, has gwen en- ouragc-
ment to others II 10 true that The ~ and
naturalization o. b me Of the other smeltrrs
and = flners fell through completely, but
since then tn. two Trading Montan smcit
ing works at Great Falls and ~ Helena have
combined. and fused y tn them IL the large
new refinery ~hich Il JUST being completed
1t Chicago Son . Of tn g~oup Of capital
lists who are In sonfrol OF this combin tion
own also the Colora I" smelling Company 4
Pueblo and possess mining property In that
stale. others are very largely ID -ntined
with mining interests in Montana and ~
C0ur d'A1ene region. In Idaho.
A0V Wits tS84 1850 - @1 $3.50
advancing the price Of white lead.
which - used in making paint About
~ first Of October the price Of white
lead was ~ cents . pound against 4
cents in England Under date Of No
vember n the trust sent out . circulaI
announcing an increase in prices" II
gives the rate Of white lead purchased
IN kegs in lots Of less than 1000 pounds
1t ~ cents net THAT L. without any
trade discount). II bought in ~25-pound
tin peilA 81 cents per pound; II in
S-pound tin cans 1914 centA The price
OF white lead in the Unitod States 81
the present time, II in kegs. is there
fore. $50 per cent. in excess Of the for
eign price; II in 25-pound tin-pails. 1861
per cent. and II in 5-pound tin cans
over 80 per cent, less . fair allowance
for the difference in the cost Of the tin
in this country and Europe
Ard In answer to facts like thce, ths
proteetionist organ points US to the fac
that 'sth z hundred extra men have
been placed at work" At Socorro. N. NJ
Would il not be a good thing 10 turr
loose . few bloodthirsty fool-killers IL
this country?