The News-Herald. [volume] (Hillsboro, Highland Co., Ohio) 1886-1973, 1891-10-15
Mckinley Prices.

AnW thslt Uue lUuioWllb cAuiuplcs VI Ihe
way the law is operating are respect
fully submitted for the inspection of in
telligent readers, tho aim being to e1l-
brace few articles in common use in
business enterprises or in most every
American household. AS usual it will
be seen that things are turning out just
as "the prophets of evil" declared they
would NOT, and that dollar today has
considerably greater purchasing power
than it had prior to the enactment of the
Mckinley bill:
FLANNELs-The Government is large
purchaser of many kinds of supplies for
the Indian Bureau. Red flannel bought
in 1881 cost 33 cents yard; in 1890 it
brought 28.S2 cents yard, and now that
the Mckinley bill is improving both the
quantity and quality of the output of
American factories, the Government
this year bought in March better fan
mel for 20 1-2 cents per yard. A firm of
large manufacturers of fiannels of La
Porte, Ind, says that its business has
been so stimulated since the passage of
the Mckinley bill that it has been en-
abled to greatly reduce the cost Of man.
ufacture. In June they began to offer,
and are now offering, fannels which
they sold at go cents per yard last year,
at AZ cents yard. Such is the common
experience throughout the country. The
woolens industry has been greatly re-
vived and prices are cheaper than ever
to American consumers. Brown cotton
fannels also show q reduction. They
sold in July. 1890, at cents yard
wholesale. The price in July, 1891, was
6 10 cents. So of the wide range of
woolen cloths. Our imports are consid-
erably less than before the passage of the
Mckinley bill. In May, 1890, they We're
1,192,45S pounds; the higher duties
cut the imports for May, 1891,
to 6s7,720 pounds. But the prices
are no higher on the average; the de-
crease being clearly perceptible both in
the wholesale and retail price. The gain
is all for America.
PLATE GLAss-This is an article used
in most all new buildings. TIE Nc
Kinley bill increased the duty on silvered
| plate glass So far as it changed the duty
of any size at all. During May, 1890,
before the bill was passed, we imported
62,970 square feet of this glass. During
May, 1901, we imported only 36,502
square feet. Yet the former was at an
average valuation of 44.2 cents square
foot, and the latter at 41.8 cents. Again
our manufacturers and consumers were
both gamers, and there is more plate
glass being made and used than ever be-
fore.
ENvELoPEs-Every business man uses
them. Under the old tariff envelopes
paid an ad valorem duty of s5 per cent,
and in January, 1890, they sold at 6e
cents per thousand. They are now
selling at As cents per thousand
wholesale. although under the Nc
Kinley law they pay duty OF
proof Of the way in which protection in.
creases production, stimulates competi-
ton, and lowers prices to the consumer.
The American markets abound with
such proofs.
PRINTs-The Democracy said for years
that we couldn't make them in America.
Now India blue prints are known and
purchased in almost every household. II
does not appear, either, from the price
lists of wholesale houses that their price
has been put up by the Mckinley tariff,
the 'reformers' to the contrary not
withstanding. Six months before The
new law took effect they were selling al
6 1-s cents IL yard. Now, under that
''robber tariff" they are selling at is
cents per yard. Who pays the tax?
CLoTHING-There was wall from
ocean to ocean last October that the
Mckinley tariff had largely increased
the cost of clothing for the poor. Il
came from every protest. NAL tariff re
former" What is the case today? Well
American shirting prints, which the,
sold for Ia cents per yard at whole
sale, now sell at 3-4 cents per yard
See late quotations. What is true O.
shirting is true of all kinds of article
of wearing apparel.
HosIERY-The higher duties on hosiery
have been collected under the Mckinley
law for about eleven months. The
American hosiery industry was never
more prosperous. 1t is booming every
where, and wages are higher than eyel
before. What about prices? Well, here
is what the American Wool, Cotton ant
Financial Reporter of August 10, the
best authority in the country, says OF
that subject: "There are lines of do
mestic transferred seamless goods rang
ing for ladies from $l.75 to $500 pei
dozen, that will bear comparison with
anything that is imported to sell at 81
to $500 in full fashioned goods"
sharp decrease in all kinds of mems ant
childrens hosiery is also noted Price
were never cheaper, while quality il
, better, under the stimulating advantage
I of prosperity and lively competition herr
in America.
THREAD-The Mckinley bill increased
the duty on imported linen thread from
40 to As per cent, but Barbours in Jan
uary reduced domestic button liner
threads from IS to so cents per dozen
and other threads in like proportion, ant
the price is still falling. Why? So al
to push their goods in the home market
that the higher duty enlarges; and Other