The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1890-04-17
A BILL OF PROTECTION
To the Homes Of Americans and
the FIourishing Industries
OF OUR GREAT COUNTRY.

--
Tho Mckinley Tariff MI, prcsc,,.,
..,,,..,.
tothe 'io"sc-A Magnii'ccnt Doc.
umcnt, full Of Meat for
~, pr,,.,,,,,,.,.
'"' ''''o''o"'s's' W.
WAs,,lSoroy. Anril 16-The ,onor,
ms ..aia.;,,, n.y., - .po,"
y, ", '"o "''!'' anu 'n'no..9 VI th'
Ways ana means Committee on th'
tariff bill were presented to the IIous,
This afternoon, Tho majority rcno,,
ho,,;no ,,;,, , o,o,ono,. ~ u,o c..I.:.
Ds'"o W." A" ''".'',nt " 'n' Ananeia
sItuation' es!imatcs that tho surplus al
the end OF the present fiscal year will
be S92 100000, and deductinH the sum
required to make payments on the sink.
Ing fund, tho net surplus OF receipta
over expenditures will be S43,B7S. .SS3,
The estimated surplus OF the next fiscal
year will bo $l3,5G0,522, which, with
the amount OF cash on hand and avail.
able, (reaching 500 000,0O0), will Justify
reduction Of the revenue In tho sum
contemplated by tho bill reported OF
S60,93G 03G. and probably moro from
customs, and say $l0,327 SIS from Inter.
mi Revenue, or total Of ST. ,2Gi, Ala.
The minority report says: The exact
effect uLon the revenues OF the Govern.
ment OF the proposed bill is difficult of
ascertainment; that there will be sub.
staniial reduction, as We will show, ad.
mits OF no doubt. 1t is not believed that
the increase Of duties upon wooIs and
upon glassware will have the effect Of
increasing the revenues. That would.
Of course, follow II the importations OF
Inc lust ilsGal year were hereafter 10 be
"s,h"r ; ;,"u,oh,hIo "o ,r%" Io"ene eaa, IL a'io.
That importasions will be- decreased and
therefore, the amount OF revenue col.
tcted from these sources Will be dimin-
lsl'eu. IN every case Oh increased duty,
except that imposed upon TIN plate,
%h'cn ,cn, uoes not so into eilect until July
io'i' anu upon cotton iaorics, the
ehscl VIII ps 10 fednce ra'ner IMAM en-.
iatSe me revenues, because lmportations
WI! 'a'! Oh. ~ WIS the ann OF the com.
i'i'''ee 10 hA tue dut'es upon that class
9l mahu'aGtuteo goods ana larm pro.
u"cts whlch can be supplied at home, SO
us " "lscouluse .ne use OF iike lofelgn
soo"s anu prooncIs, anu secure 10 our
own people anu our own producers the
nome Markell De!leving that competi.
tioh among ourselves will secure reason.
"p'e prices 10 the consumer IN the future,
MS | IL mas ipvariaoly done IN the past.
Neseeis Dy the increased duties recon.
mehded not only TO maintain but to en-.
fafse our own manufacturing plants aud
checK those supplies from abroad which
can 90 prohtaoly produced at home;
THE POLICY OF THE BILL.
The general nolicv of the ,;ll;s n fos
-. ,.1 -.ua.. W.
vi "'u e.o'Aos' n'.eiieau piouuc'lon
aha hadlverslhcatlono OF American industry.
We have not been so much concerned
about the prices OF the articles We con.
sume as we have been to encourage
sys.em OF home production TINT shall
give fair remuneration to domestic pro-
ducers, and fair wages to American work.
men, and by increased production and
home competition insure fair prices to
consumers"
The committee admits that free trade
for revenue duties would temporarily
diminish prices, but argue that it would
oe u. 'ns eapense 81 tho uomes.,c pro;
then nrices would aaa;n advance and tha
country be left Mt the mercy OF foreign
syndlcates and manufacturers. The re-
port says; Cheaper products from
abroad TO the American consumers mean
cheaper labor at home and lower rewards
10 the domestic producer, with no per.
hinnent benefit to the consumer. Neither
condition would prove blessing. to the
United States: That country ls least
prosperous where low, prices ana low
wages prevail. Ono OF the CHIEF com.
plants now prevalent among our farmers
IS that they can get no price Tor their
crops at all commensurate to the labor
nm ana capital invested IN their production.
Ihose VINO diner from us must pelleVe
TINT even further agricultural depression
IS desirable, for no other consequence
can result from their economic theorles:
They advocate cheap prices rs the Chief
object OF the industrial policy tney COM
mend to the country: This means per-
'l'anentIy low prices for agricultural pro-
ducts as well as Tor manufactured goods.
FOR AMERICAN HOMES AND INDUSTRIES;
This b;,l in framed in the ;nterest II
,, - 49,, ~ "
!ne people Oh 'he uhlteo o.a'eS' ~ ls
for the better defence of American
homes and American industries. Ample
revenues for the wants Of the Govern.
mentare, provided by this biil ana every
ieasohaole encouragement IL gwen 10
riovad % thore;n III Tho &C. Comm;ttea hal;eva
that inasmuch rs nearly $500, 100000 are
annually required to meet the expenses
OF tho Government it is wiser to tax
those foreign products which seek mar
ket here i'll competition with our own
than to tax our own products or the non
competing foreign products:
= The Committee responding, as it be-
lleves, to the sentiment Of the country
and the recommendations OF the Pres!'
dent, submit what they consider to be, a