Los Angeles herald., 1891-07-03
FRIDAY. JULY 5. 1891.
THE HERALD AT THE BEACH.
THE MILK IN THE CoCoANUT.


THE MILK IN THE COCOANUT.
The Los Angeles HERALD wants to
know whether 'sif the block tin which
may be produced in the United States in
1893 is entitled to protection on the
ground that it is an infant industry,
why is it not more urgently in need of
protection in this current year of grace,
when it is still more infantile ?'' The
HERALD, if it were really desirous OF
obtaining information on the subject,
might have gained it by perusing the
speeches made when the Mckinley bill
was up before congress. Block tin is on
the free list at present because the new
tin-plate industry will require imme-
diate supplies, and it was not deemed
advisable to hamper the attempt to
render us independent of the foreign
tin-plate maker by putting tariff
on an article necessary to its man
ufacture, but about our ability to
produce which there was much doubt.
Should the promise held out in the
Mckinley bill encourage the opening of
tin mines and the production reach the
quantity named, then the miners will
receive adequate protection. The OBJ
ject of protection is not, as some people
fOolishly assume, to reward producers
with great profits. 1t is to stimulate
production, and by so doing give work
to Americans. A sound protective
policy totally rejects the idea of taxing
articles which we cannot proftably pro-
duce ourselves. As soon as we learn
definitely that tin can be proftably pro-
dueed in the United States it will be
protected, and will continue to receive
protection until the industry is so thor
oughly developed and American prices
30 reduced that the duty will be dead
letter. NJ
The foregoing is taken from the San
Francisco Chronicle Of July 1st. OF
course, if we had chosen to take the
fairy stories of Ohio's "Sweet William"
for gospel verify, the HERALD would
now be foundering around in the same
logical Slough Of Despond in which our
esteemed contemporary is immersed.
1t is appearance, merely, because the
gentlemen who control the editorial
columns OF that journal are entirely too
shrewd to be fooled by their own sophis-
try. They deal out an attenuated line
of argument purely for the consumption
of gudgeons, and take broad smile, all
to themselves, all the while.
The Chronicle consciously and
purposely ignores the fact that McKin-
ley and his fellow spoliators promised
that by November OF last year we should
have tin plate pouring out of American
mills with something like the speed Of
1ser rolling rapidly. AS matter of fact,
there is not today a single American mill
which is turning out tin plate, and it is
now about eight months since the mag
ical business was to commence. The
Chicago Tribune, good and doughty
Republican journal, under the heading
Lying No Longer Profitable, called at
tention to the utter failure of all the Re-
publican pledges under this head.
In order to help themselves
ont of the dilemma with which
they feel themselves confronted,
the channels of the Associated Press are
being used to hold up the present de-
preston of the tin plate industry in
Wales. They ehdeavor 10 create the inn
preston that this is all owing to the fear
Of the growth of great American tin
plate industry.
Stuff and nonsense. The tin plate in
dustry in Wales is depressed because,
IN anticipation Of the passage of the Nc
Kinley bill, there has been an unprece-
dented production of tin plate, in order
% admit OF Republican ring piling up
enormous profits. What the profits are
will be shown by short calculation.
In other columns we print an article
from the San Francisco Stock Report
which will repay perusal. 1t shows
very clearly the real animus of the Nc
Kinley bill in the matter of tin plate.
Those who are conversant with the oper-
ntions of this matter say that, before the
bill can be repealed or modified, a slick
Republican ring will make 10000, 900.
That this is very likely very simple
ejaculation shows. The table printed in
the extract from the Report shows that
Jor the whole Of 1890 only 3O,22l 2S0
sounds Of tin plate, valued at 1901, 36o
were imported from England at the
port of San Francisco. When it comes
fo the first six months OF 1891, however,
With the Mckinley bill enacted into law,
md with the additional duty of $25 a
I'D, 1.-THE case was altogether different.
AZ against 3O,221 ,2sO pounds imported
fpr the whole year 1890, 67,428,6ll
poundr, valued at 1897 ,067, for January,
February, March, April, May and June,
have been imported In 1891.
What the effect OF these importations
uznder the new duty is is easily figured out.
Reduced to tons we have 33,709, which,
NTH t25 ton increased duty, gives the
members of the California tin-plate ring
n1one bonus of $842, 2,725. Of course, all
fhese people stand ready to acclaim Nc
IEinley, and to kiss the hem of his robe.