The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1890-08-08

Eject o. the High Tar,6 Bul Already Felo
la the New York Dry Goods Market.
; The pretense Is sometimes made bv
protectionists mat the tariff does MOI
increase the cost Of gooda How falss
that claim Is may be judged from tho
following fact The New York Com
; mercial Bulletin in : recent market ro-
port has these words on the conditions
now prevailing in that city among the
importers OF foreign dry goods: .Im-
porters, confident Of the passage Of the
Mckinley Tariff bill. are Arm in their
insistance for advanced prices. Buyers
on the other hand refuse to do business
save at old prices, tariff change or no
tarin change, ana there the matter
stands to-day as for some weeks past
importers are massing large supplies IN
warehouse in anticipation OF the pro-
posed tariff"
mis- Is clear case Of cause and effect
II Tariff bill il to pass putting in
creased duties on goods, these dutiea
viii raise the price BY precisely 50 much
TO the American sugar. Not only a.
but IS this market report shows. tia
price OF the goods already on hand will
be raised; for In order TO replace them
u Will De necessary to import Others az
cost enhanced by tho amount OF the
new duties.
buyers however. have become accus-
toned to the old prices; the new McKin.
ley prices brighten them, and 50 thev
hold on In the vain hope that the NJ.
hinicy bill will not become law. The
buyers are not Of that silly class OF peo-
pie who pretend that the tariff does noe
increase prices. They know that when
the importer has paid the hiQh dutv -
the custom house he is compelled 70 add
that duty to the price OF the goods: ana
they know too, that when they them
selves buy these goods and take them
home to their stores. they will have to
charge Up the duty 50 that tho consumer
VIII pay II finally. They know further
that when the cost Of these goods has
been increased BY Mckinley. some PEG
pie viii do without them rather than
pay the higher price. The merchants
prefer large sales at low profits rather
than small sales at high profits: but the
bill means precisely the lat
Ter OF these alternatives. Merchants
siii sell fewer foreign goods. ard for
his very reason they will have to make
higher profit on what they do sell.
This state Of affairs leaves the mer. .
'hants in uncertainty and hence they
lold of in the hope that Mex nley's
'arbarous measure will not become law.
This market report is simply thing
hat has been published in the ordinary
curse Of business; but IL should throw :
Hood Of light on the effect OF tariffs J
lmcng people who have been becui,ed
Win the false teaching OF the politicians
hat the tariff is not tax.
The treasury receives annually abouN {
''soooo' 600 from tariff taxation. The q
rejected pets Of Congress. many u !
hon are In both Houses voting The 4
copies money into their own pockcts e
70 receiving At least $3.50. 600. oco /,
ms Is exclusive or all bountics on A.. >
cles on which there Is h igh-tariff tax
nich prohibits importation. or which
ono producers sell here for less than
- foreign pricc with tho tax added. =
Al that !arge class OF products ths 4
= = IN TACT prohibitory. The Govee~s
out 70 Il n rnronssA -C-- ~0