New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1890-10-13

mercantile world like the crash Of 1887. for instance
Tile Mckinley law is wise and will, in nv jnds'
ment, advance the prosperity OF the country"
Henry Michaels. OF the firm OF Mehaeis' ser"
& Co, manufacturing clOthiers. said II De"e'e
that the amended tariff will ultimately be great
benefit to the whole country. 1t Will raise the prrc
Of clothing somewhat. but not great deal. The
tariff wOOllcns and serges, alpacas ana FARMER
satns has been raised. and this will cause The III
creased price. Bu think the new tarih VIII sum
ulate the manufacture Of clothing
George O. Buell., the senior member Of the hrm OF
George G. Buell. Co.. the largest wholesale grocery
house in the city. said be was convinced that ne"
tariff law would prove to be highly benehcl"l 10 te
country when It in full operation For one
thing" said ne, 81 expect to see gran"lsred sugar
selling in Rochester at or l." cents Ponhu
within year As the average family pays moro
money for sugar than for -four you can see 'ha' 'S
reduction Is very important. Tic reduction on sugar.
however, does not go into effect until April l.
In order TO give the Louisiana producers all oppor-
tunity Of marketing their Crop. which, 1t Is estimated
will this year amount to 10000 TONS ~ compare1
with 100000 tons last year. Then. too. we NAV ex-
pect largely increased consumption OF sugar. a. the
use Of sugar In the United Kingdom in 1850 amounted
to seventy three pounds per capita. while In the
United states it was Only ffty.threc pounds
"The people must be careful not to jump 10 the
conclusion that the higher prices that are likely t"
fact short crops and the rise in the price OF silver Will
contribute more largely than customs duties ~ the
rise that seems to be impending For instance IL j.
altogether likely that tea will 20 up. and solely on ac
count of the rise in the price of silver. which must lie
purchased here to be exchanged for tea In emma or
Japan.
The new tariff reduced the duty on all mann.
featured tobacco from to cents pound 1t does
not 70 into effect. however. until January l. 1901
nv a clerical oversight the bill failed to contain
reduction stocks held by tncm Oh January l. Iooi.
1t Is generally believed that this omission 10 provide
for rebate on stocks will be corrected wel 'ohgrrA
meets again in December In ample lime to cover gods
held by dealers on January ]. l-ol ,.,
Mr.. Buell. concluded by expressing the conVWti"h
that the Mckinley bill would have greater cnect Oh
please tie farmer, especially.
Daniel poayenpC j. D. W, Whpp ;H,o ana s SGr c G" Hs
effect of the new law on the produce BUSHES, would
be comparatively slight Before the short apple crop,
Of the last two Year, ey SAID Western rS
shipped fr, ~ all parts OF this country ana Europe
THIS however thousands Of barrels had been IN,
crop The tariff had nothing 10 do with this impor'a-
ton. only to accelerate the shipments before October
q. As far eggs concerned. the gentlemen named
also thought that the local effect would not b' great
East Of Toronto. Canadian eggs have been shipped 10
boston, while Chicago has heretofore been the ihrkct
for the eggs Of Western Canada The new tariH VIII
undoubtedly shut ont Canadian eggs. but the poultry
trade of tho United states is much greater than that
OF Canada that ii easily increase its volume T."
meet the increased demand with the result 81 course
Of putting the amOunt Of the Canadian trad'-abnt
producers. . . A.,
change will operate to tho benefit Of the farmers Of
this country.