The Globe-republican., 1891-04-08
That Yankee Tariff.

Coi udi ~
That Yankee TariG
The United States consul at Tunstah.
England reports the following conver-
IN between two Englishmen. which
he overheard in an English hotel;
That Mckinley bill did it. No. there
really has not been a wheel moved in
that mill since that abomination went
into effect. There was, as you know.
rush enough up to that time to last for
six months: there was an enormous
amount of goods turned out"
You mean to say" said the other.
that the whole of that large plant is
stopped?"
Yes, as far as wooden goods are con-
cerned: they arc doing a little in the
cotton factory; but, as say. the other
mill has been shut down these three
months past"
but what is he going to do about it?'
why. he is going 10 do the only
thing he can do. or any one in the Amer
lean trade can do; he is going to move
his plant to the states. What else could
he do? There is no other opening. All
the other markets are oversupplied. as
you well know"
"Do you mean to tell me he is really
thinking of going to Amcrica?"
He is not only thinking of it, but
docking at his watchl suppose he has
gone by this time, as he sails from Liv-
erpool to-day on a prospecting trip. and
if he is assured that there is no proba-
bility Of the Mckinley tariff being re-
moved. he will locate his mill and have
his machinery shipped at once"
WELL" said the other. II believe this
is just what those Yankees had in their
minds. They want to force our manu-
facturers and their capital to go and set
tie down there"
Is there any wonder that England re-
;oiced at the recent free trade victory.
which had the effect of checking this
exodus of capital from England?
Another Good Feature of the Mckinley
Bill.
There are now beginning to appear
in the cutlery stores many knives and
other articles. on each of which is
stamped the word Germany" The
Mckinley bill requires this. In the
custom house and at sea on their way
back to Germany are hundreds of thou
sands of dollars worth of such goods
which arc not stamped Germany" \
large dealer in cutlery. in discussing
this effect of the bill, said yesterday
that the market had been flooded with
knives and cutlery of all sorts stamped
"Provideuce Cutlery Co.." or New
Bedford Cutlery Co." but nevertheless
of German make and of such inferior
material that men who bought them
vowed they would never again buy an
American knife or tool. Our American
cutting tools are the best in the world,
and hereafter they will not suffer from
unfair competition
Projections saving--Banks' Account.
The annual report of the savings
banks commissioners for Massachusetts,
shows an increase in deposits of S20.-
500. .2iS. the largest ever known, except
in 1870. 1871 and 1872. The average de-
posits per number of accounts is SEQ. "a.
and the average deposits per capita Of
population Is Sl0ay.- We" IoTn lily
twenty-five savings institutions did a
business with their depOsitors of S1sS,-
I32. 434 in 1890 The deposits exceeded
the aggregate amount withdrawn by
$780, 600 On January 1, 1891. the banks
had 40. $50 open accounts The small
est average amount on deposit in any
one bank was S5a.75; the large7t,
s6l6.3o Surely these statistics do not
make bad showing for protection
cursed" country like ours.
Who Pays the Tarihc
We are indebted To the New York
Press for the following:
These laws, as their plain and pri-
mary effect, raise the price to consum-
crs of all articles imported and subject
to duty. by precisely the sum paid for
such duties.-Grover Cleveland's mes
sage as President of the United States
90 IN Tho rorisiop ,,f he r.