The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1891-12-18

Mckinley Tsrin -sh~rmsn's AatI- srass
lsw : boomerang.
Ia his letter accepting the nomina-
zion for the presidency BY the high
tariff party. BENJAMIN Harrison said:
The declaration Of the convention
against all com binations OF capital. or
CANNED Ia trusts or therw ise, 70 con-
troll Arbitrarily the condition Of trade
among our ~citizenA il In harmony with
the vie ws entertained and politically
expressed BY me long before the as
sembling Of the convention"
This sentiment - IL was understood
by the people. meant that IL he were
elected nothing would be done BY his
administration 70 foster trusts. but that
every effort would be put forth "a sup
press them. But a. soon a. the election
was over all this was forgotten. The
trusts and monopolies elected him and
their re ward was the passage Of the
Mckinley tariff. in the formation Of
which each rus was given full control
70 prepare the schedule Of duties on its
particular products
In order. however. TO pull the wool
over the eyes OF the people and as far
As possible TO detract their attention
from the tariff the antitrust law. pre-
pared by Senator Sherman. was en-
acted. At the same time the trusts
were given TO understand that this law
was not intended 70 become operative.
accordingly the formation Of trusts
mi on as before.
The truth Of this Is shown by the
Tact that the attorney-general. whose
duty it is to execute the law. has not
instituted . single suit, though the
law was enacted about ayear ago
thus himself violating the plain and
explicit commands Of the act
Nor did the friendly attitude toward
the trusts Of the president stop here.
for after the death OF Secretary Win
dom he appointed as his successor a
member Of the window glass trust
Charles Foster.
Here is a list OF . few Of the largest
trusts which depend on the tariff for
their existence and on which the pres.
ent administration relies for its exist
ence in the future:
/. Borax trust 1t embraces all the
borax mines Of California and Oregon.
Nc borax is found abroad. but imported
boracic acid was a competitive product
On this the duty was increased from 3
cents TO 5 cents per pound. The duty
on borax is 3 cents and 3 cents per
pound
.. Linseed oil trust II controls the
mills and markets. Tariff protection
81 cents per gallon on linseed oil
3. Cotton oil trust This trust en-
braces several smaller ones, among
them the Little Rock cotton oil com
bination. Its stock is heavily watered.
Tariff protection 10 cents per gallon
4. National white lead trust This
trust controls 20 great extent the
production Of pig lead inc absolutely
most of white lead and analogous
products So powerful is its control
over the markets that il is able TO keep
up the price to the import point. and
therefore gets all the bonus the tariff
allows Any surplus which it finds Oh
its hands is sold forexport ut discounted
prices Protection on pig lead ? cents
and on white lead 3 cents per pound.
5 Acid trust Em bracing the manu-.
facturers Of sulphuric acid east of the
Mississippi river. Protection Lc pei
pound: formerly free
8. Castor oil trust Protection SO cent!
per gallon.
:. Wool alcohol trust This is Q
branch Of the whisky trust, known a
the Distillers & Cattle FEEDER Co
s Window glass trust II EN- braces
window glass factories in New York
OHIO. Pennsvlvan and Illinois Sec
rotary Foster is q member Of this trust
Negotiations are nov pending among
the glass manufacturers to form f,
trust tn include all the window gias'
houses in the country. Protection
over 100 per cent
3 Table glassware trust This trust
under the name Of the United Sta;e
Glass Co. controls factories in Ohio ant
Pennsy lvania II was formed sool
after the Mckinley tariff raised in
creased duties 70 90 per cent and .
once raised prices. Many Of the fact
cries in this trust declared dividends
OF over 90 per cent last year rs pc
treasurers' reportA
TO- Sanitary earthe trust. com
posed OF seven factories in Trenton. n
j.. and East Liverpool. 0. As soon q
the Mckinley tariff became law
made = cut in wages and advance'
prices Protection, S. and 90 per cent
II. School slate trust Protection. 8
per cent
10 Gypsum trust (plaster Of Paris
This trust controls every importan
mill in the United StateA Protection
81 to 81. - per ton
IL Steel trustA Bessemer Steel -
ISOLATION. makers Of blooms and slabs
Merchants Steel association. finishe
steel: Western Steel. Of Chicago; Obi
Steel, mostly controlled by Englisl
capital These trusts control the mar
ufacture OF beam. channel and struc'
ural iron and steel Protection heavy
IA Wire rod trust Composed Q
western mills Protection, C-loc pc
pound
Is Shot trust Two and one-hal
cents per pound protection
10 Copper trust This trusts know
as the Association Of Copper Mani
facturcrs in the United States Cor
trols all copper products Meets ono
a year TO fix prices Protection, IS an
IS per cent
- A.hasto~ srusx Thia frust a. rour