Macon beacon. [volume] (Macon, Miss.) 1859-1995, 1890-12-20

that il a tariff Law should Be enacted II
would impose such duty. Thefeubo9
the price again began to advance Jnse
before the vote on this paraRrtph tho
price in Chicago and 81 Louie unS y
to cents. The following week & Nh
~ cents. tits now about 8 cent?
Now the question for such high tari6
organs as the Press 10 answer ID thisi
Where is the profit to the country 81
large in paying s4 cents . pound highsr
| for its lead in order that few hundred
or thousand miners ip Arizona and New
Mexico may get higher wages? n II
economy? Would any intelligent farrn-
er or business man conduct his affaira
on such principle?
The duty on lead played directly into
the hands Of the lead trust BY caus-
ing . scarcity Of lead II enabled the
trust to put up prices. There WAS
actually lead famine. On October. 1
the New York Engineering and Mining
journal said: &
Tho lead famine stu c0ntinness and that
Il is owing to the shoftness 81 suppiY n The
doubt siDnS glSsrst6te III 2fIalfs1 n0~ exigclxs
I IN Leadviilo, Col This district when the
discussion was going on as to whether Mex
lean fiuxing ores were admitted or not, was
represented by those opposing the admis-
sion as being capable of furnishing ot only
sufficient for Its own smelling industry but
large surplus for shelters established
elsewhere. Now Leadvllle is actually i'm.
tfp,r NJn1 fno, a,,xrf to-,
long haul and high price, to keep her own
smclters going!
In recent years there have been
scarcely any importations of pig lead,
the old duty being prohibitory; but now
that the home market price has gone so
high, importations have again set in,
notwithstanding the duty of two cents
pound. For the week ended Novem-
ber Is about 45O, 900 pounds were entered
at New York.
The lead duty is bearing its iegiti-
mate tariff fruit in building up trusts
A recent number OF the Metal Worker
says:
Tne lead business OF the country is rapidly
drifting into the control of a few organiZa-
tions. The evidences Of succ 50 Of the lead
trust, the combination of the white lead in
t"1ests, with two smelling plants and one re.
finery allied with it, has given en- ourage.
ment to others. 1t is true that the grand
Capitalization scheme of the other smelters
and r, 1lners fell through completely, but
since then the two leading Montana smelt.
ing works at Great Falls and St Helena have
combined, and fused with them is the largo
new refinery which is just being completed
at Chicago. Some of tho group of capital
lists who are in control of this combn tion
own also the Colorado Smelling Company at
Pueblo and possess mining property In that
state. Others are very largely identified
with mining interests in Montana and tho
Cgur dAlene region, in Idaho.
The white lead trust has also been
advancing the price of white lead,
which is used in making paint. About
the first of October the price of white
lead was 6]5 cents a pound against 1
cents in England. Under date of No.
vember II the trust sent out circular
announcing IAN increase in prices" "
gives the rate of white lead purchased
in kegs in lots Of less than 1000 pounds,
at "a cents net (that is, without any
trade discount If bought in 25-pound
tin pals, 81 cents per pound; If in
5-pound tin cans 1O94 cents. The price
of white lead in the Unitod States at
the present time, if in kegs, is, there
fore, 934 per cent in excess of the for
eign price; If in 25-pound tin-pails, 1O64
per cent, and If in 5-pound tin cans
over $50 per cent, less fair allowance
for the difference in the cost of the tin
in this country and Europe.
And in answer to facts like these the
protectionist organ points US to the fact
that three hundred extra men have
been placed at work" at Socorro, N. NJ
Would it not be a good thing to turn
loose few bloodthirsty fool-killers In
this country?