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

THE NEW TARIFF.
REGARDED WITH GREAT SATISFACTION AT
CENTRES OF AMERICAN INDUSTRY.
NO INCREASE IN PRICES OF GOODS TO THE
MASS OF coNsUMEHs-HIGHER PROFITS
FOR FARMERS AND A GENERAL IN:
pRovEMENr OF BUSINESS.
Binghamton. n. ". Oct. II tSpccaD.-Manv OF the
most prominent and brany business men IN 'ns
city, men who study their business ana run II ~.
what they make out OF II. express tlc ai'io>.
unanimous opinion that the only permanent ehee' OK
the Mckinley law will be to strengthen business
without materially affecting prices either way NV
cigar business In present channels VIII DC
affected BY the greatly increased dty upon o"""',"
wrappers. The speciality Of Binghamtoh oeioo eno
strike was nickel cigars. sold TO 1obbcrS lor %
retailers for $50, and to consumers ior 'e"'''
I:oorce Kcnt one OF the oldest manufacturers says
the cigar business has been growing into caoue stare
ANYWAY and II Is difficult to tell Just "h'' e"e''
the Mckinley law will have upon IT, snatra wrap
pcrs cannot be used after the stock OF S"a'fd ea'
on hand is Exhausted. without increasing tne price
10 iobbers. Possibly sumatra wrapped cigars can
h. manufactured and sold to consumers lot Nickel
Int the profits Of the trade for handling them VIII ue
less. lie is lust from Ncw-iorl; where lie learned
from large importer that some a:Ge hrlS VI 'hei'a
manufacturers are anxious TO MAKE eohlra''s io' I"
wear for cigars at present prices HIT lie doeS ho'
200 boy prtces of cigars in which imported STOCK Is
u.od can remain a. they are nov permanently He
hc,,evcs the Mckinley law right. AS it viii sthen
this market at least in demand Tor American ieai'
.nd that will he great benefit TO American farmers
sumatra wrappers have been an injury 10 American
tobacco producers ,.
charles Butler, another old manufacturer believes
tina. the loss Of Sunara wrappers for nickel cigars
will he no detriment to the business. Tie SuN'a'ia
is simply a fad, because 1t looks nice ana gives "o
CIGARS a reader market, but does not Improve 'eH
quality for smoking. There has not been as muc"
money made in the business with samatra Wrappers
and the business will pay better without t'c'" WHICH,
they cannot be procured for cheap riealS'
Most of the Younger manufacturers opposed lne III
rrcased duty upon Sumatra and Cuba noaccoS' ou'
those longer In the business believe thar he che"po
brands will do Just we'll without them
War,nc s. Weed, OF the firm OF c. A. Weed Co..
manufacturers jobbers and retailers Of clothing be-
Ieyes that the Mckinley law will have little perma-
nent effect upon the clothing business especially the
lines worn by tho masses which are of American mah"
faotnre His firm, and he believes most firms arc
heavily stocked In anticipation OF advances ''a' WI"
not be realized. some Eastern jobbcrS with whom TIC
has business CORES pOndcnce are sending nm h'e"e'
stocks are worked of there will be other heavy s0cR
anxious TO get into the markets without an advance
in p,ices. Imported cloths may advance permanently
hut these will affect only small percentage u 'ho
trade American cloths carrying foreign tags VIII oc
likely to come down rather than go mp. ds the pro
duct Of American woods increases rs II cer'a'hN
must Mr. Weed has great faith IN the productive
nowcr of Americans In manufactures and raw ma
terials.
A. ID. Green, Of the firm Of Scvcrson. Cullmne d
Green, manufacturers and retailers OF FURNITURE Dc
lieves the Mckinley law will have no effect upon the
price OF furniture except that upholstered VIII VI"
portcd goods which must advance. Most OF INC
dealers of whom they purchase imported supplies are
foreigners and free traders and they are making u
great cry about little WOOL" but Mr. Green believes
that American manufacturers can and Will take care Oh
the American markets. and do it we'll without adVahc
ing prices. Americans ale already mahih- hhe ihc'
Of uphosterng goods. and imported goods are not In
dspensable the manufacture even Of fine inrhi'h'
The prce of furniture, lumber. cost of work and sup
niles other than imported uphOlstcrine goods VIII not
advance and onsequently the great bull! OF furniture
used in this market will not be affected cent by u'c
Mckinley law. 1t will very likely improve the ma'Nc'
A. S. Bartlett, OF the firm OF Bartlett Il Coz manu-
sacturers OF SASH blinds doors and other building ma
ter1s,s does not think the Mckinley law will affect
prices but thinks 1t will improve business Ihcy are
Informed By agents that there are excellent pros
meets of Q brisk trade. AS lumber glow> s'arcer IT
will grow dearer, but inc Mchihicy Ia" Will i'' "''hc
II desrer.
T. d. Middlebrook, dealer in lumber and manu-
featured building materials Of the opinion that the
Mckinley law will have effect upon prices in his
limo Of trade He is Just in from Canada. where he
went to look into the market and make pure 'ase~
lie says the Canadians believe the export duty Will
lie taken OIL but the stump license will l." correspond
ingy increased. and the price OF canadian Iuhper VIII
remain precisely as 1t Is at present
James II. Barnes of the firm of Barnes & Consdon'
marble dealers believe the price OF granite for mon'-
mcnt work will be increased By the Mckinley law.
The dealers will be enabled 10 realize larger piohts Oh
homo productions.
Edward II. Slaplev. Of the firm OF Slaplcy wells.
manufactures OF boilers and engines, says nearly al
goods Of iron and steel quoted higher 70 tcr but
I've believes there will be expansion OF production
10 lower prices anu keep them down. The productive
power OF the United states is too great and too fully
developed for high prices. The firm ia an important
export trade in shaplcy engines for the So America
market moetly to Chil ana Peru 1 IT., IN. snc' arc arc
made through Hamburg house ana the cnsihe' al.
shipped by way Of Hamburg. Mr.. Sh1plcy does moi
believe that reciprocity VIII he OF much brme, 70 M ~,
German reciprocity. Nc does not look warn W
direct shipments to south Ancrcs. Nr >liplcy !; a
Democrat and can't help thhhing tHat tie !'kihici!
law is great political mistake. though he thinks II
will beneiit manufacturers. including himself. -.
Frederick y. Weed 0i the firm OF D. H. Wc.H d 20.
leather manufacturers cannot see thai the Mckinley
law will make any material changes ~ the leather bust
ness, especially If reciprocity keeps hides Oh the free
George ". Lester. OF the firm Of Lester q Co.. boot
and shoe manu,a ctnrcr,. said he wac unaGic !" see
Industry one way or another We can beat tho
world on prices and ASA no .avors on 1ualtie'. lic
home boot and shoe industry can take care nl olT
markets and can do il without prot"c ton With free
hides the American manufacturers are equal 10 any
probable situation at home or abroad.