New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1891-09-07
EUROPE AND THE MCKINLEY LAW.
HOW THE MEASURE HAS BENEFITED AUsrRIA's
MOST IMPORTANT INDUSTRY.

Washington, sept CSpeclal-It Is asserted IN
| cable dispatches to some of the anti-Admnlsra0n
| newspapers that while INC Worlds Fair Commits
sioners have been received in Europe with great
courtesy and much outward appearance Of interest and
sympathy, tue official authorities we'll as the people
OF those countries, quietly Indifferent where they
are not positively hostile to the Worlds Fair; in
word that the surface exhibitions of interest with
| which the Commissioners have been amused really
| meant nothing. OF course the explanation of this
| condition Of affairs as given by the sapent cor
respondents who keep their fingers the pulse Of the
| rulers and cabinets and people Of Europe, is the
| Mckinley bill. In London dispatch published in
The New-York Herald" to day appears this passage:
little while IL the general impression In
Europe that the Mckinley bill would be repealed
Congress met The stupendous property that sud
denly upon America leads 10 the general belief that
the farmers will be cotented and not about the tarn
question This will initiate against cooperation in the
Worlds Fair Of countries like Austria which has been seri-
| cusy damaged.
| Probably there is no doubt that the press and
politicians Of Austria have lied with as much zeal
! and industry about the Mckinley bill have the
freetrade press and politicians OF the United States
In the words of Consul General CodsChmidt Of Vienna
the Austrian press has wasted its ink I'm commenting
in abusive manner on our customs law and its
Orignators." But the official authorities and states
men OF Austria Hungary know that that law has
benefited the most important industry in that coun
uy-the manufacture of beet sugar-to a greater ex
tent than 1t injured any other industry. 1t Is true
that the duty pearl buttons has been increased
1t Is also true that large proporonprobably at least
one haf-o the pearl buttons imported into the United
states under the former tariff, which inadequate
the product Of convict labor. But the exports
OF pearl buttons from Austria Hungary last year
amounted 10 less than tw0-thirds much in value
did the exports Of beet sugar, the figures being
Beet sugar, S3,585,s15 buttons, $2,110,140. The
a 4,a a1,oI nod fIn
Mckinley bin, and the duty on the latter was ad
vanced, but not in large a ratio. As to the pearl
button industry, looking at 1t from the point Of view
of Vienna, ConsulGeneral Goldschmidt says
England nvades Eastern markets heretofore trlbu-
tary Austria in order make up for her decrease Of
export to the United States Public opinion is greatly
agitated by the effect which Tariff law has had
particular branch of industrythe pearl button
tpdealthouah great OF the business In that line
will eventually be reealnod in spite Of the high tariff.
In another place he says: "Orers for better grades
of pearl buttons are soon 10 be expected in spite Of
the high tariff" 1t appears, therefore. that Austria
has no just reason to complain about the tariff,
especially when It Is remembered that she subsidies
worsted and wOOllen mills and other manufacturing
industries in order to compete with American manu-
facurers in their home market well in the mar
kets Of other countries In recent conversation with
Tribune correspondent business mau, who has
travelled extensively in Europe during the present
year. said In Substance:
There was vast amount OF indignation both in England
and on the Continent when the Mckinley bin became
law good many people lost their heads. 70 speak and
could see only ruin before them. That feeling has grad
ually worn OF, however, and l believe that the manu-
generally striving accommodate themselves
the new conditions. They hope by getting up more
taking designs and making better grades Of goods pre-
vent shrInkaRe Of he volume Of sales In the United
States think they intend 70 pay more attention 70
angling for rich American than they have here
tofore. They care more for market than they do for
combined markets of Of the world and they
will spare effort 10 retain it,"
Probably the manufacturers Of Austria Hungary
understand that It will be necessary for them to
exhibit their bronzes, glassware, pearlnlad goods
and other manufactures at Chicago, If they desire to
compete In the markets Of the United States, IL
will be for the manufacturers Of other countries to
do
IN PRAISE OF MR.. DURIIAM'S APPOINTMENT.
Washington, sep. (Speoial).-"The promotion OK
ConsuI Durham a he Minister Resident and Consul