Abilene weekly reflector. [volume] (Abilene, Kan.) 1888-1935, 1892-05-12

Jul ACKNOWLEDGEMENTS ~ untrue. lnNttts
IL is confidently denied, by men in
except mai positions TO know, that IL
is ever done. For instance, Mr.. A. H.
Cohu, of the 4. u. Cohu Company, man
ufacturers Of agricultural implements,
l97 Water street, New York, said:
We have been twenty years In the business
and our experience has been that goods
are sold In this country as low II not lower than
they are sold for export, with this exception:
Export buyers pay cash or give lcttcr Of
credit on London, which we sell here on the day
the goods arr delivered on board. and get cash
for IT, THIS gives them slight discount but
domestic buyers can ut nll times obtain the
same discount by buying On the same terms -
that Is, by paying spot cash.
This allusion to the slight discount
given for spot cash, rs against the sales
ON thirty, sixty or ninety days time,
which is generally demanded by the do
nestle buyer, probably explains the APP
parent discount said To he given To the
foreigner. hut IL should be remembered
that It is given, not because he is for
eigncr, but because he pays spot cash
The American who will pay spot cash
can get the very same discount.
hut, for the sake OF argument, sup
pose we admit that some American man
ufacturcrs do sell Mt lower prices to for
eigners Why do they do so?
Sometimes n manufacturer has sur
plus stock, which, II he does not sell,
will he almost n total loss. lie sells all
he can, ut the season comes to an end
leaving an unsold surplus for which
there is no home demand. II may he the
whole profit Of his years business is
locked up In that surplus, aud II he does
not dispose Of IL he will he bankrupt.
lie hears Of an opening for his wares in
some foreign country. Would he not he
n fool not 20 place them there at sacri-
flee prices rather than To suffer ruin?
And who ut home is injured by the
transaction?
Or perhaps manufacturer has stock
Of old Anticipated articles ON hand which
the American people will not buy ut
any price, Is he not wise, or will you
blame him, II he turns them off ON To
foreigners at lower prices than first
class goods cost In our own markets?
Again, here is manufacturer who
gets letter from friend in some for
eign country informing him that there
Is splendid market for his products
IN that country II they only could he
| introduced. Would he not be unworthy
the name Of Yankee II he neglected 10
send his goods there, even at nominal
| price. 10 introduce them? Why. we see
every day mon hired to gn about giving
away samples of this, that and the other
| thing for the purpose Of introducing
| them - consumers. And who would
he hurt 10y the Yankee manufacturer
action? n he succeeds in building mp u
foreign trade, II means moro work for
| American labor, more money for Amcri-
can channel, Of trade, and lower p ices
ut home, which always come with in
creased oItput
Some American mills also make two
classes Of goods, an article for sale
abroad, inferior. yet good enough Ia
compete with the wrctchcd products Of
foreign mills; IN another hrttcr article
for sale to Americans, who will always
have tn best or nothing. Cannot such
u concern sell tn inferior exported
articles more ch'iply than 1t sslls the
Others? AMI I, MT tn country benefited
by his IN 'rcaScl business
DO not th'sl illustrations make /,
clear that lower prices ~ foreigners
may ut timcs bc advantageous al
aruunl?
Hut.npw W. CON ~ tn important
point namely, |, prot elton In any
w,y resp ,lsihlc for Whatever discount
.pr expert only" my b. given by our
mHp1ra t ,rcr,? Nutin tn least degree
II il rc,pln ,iblr. How do We prove
II? By pointing t. tn fact that the
pratt 90 Is far mpr' prevalent in free
taul' Eaglnnl. |! low Is u sample eX.
tract from the hundred ~ similar dccis-
ion made by the United States customs
authorities. II Is taken from decision
by Secretary FolFcr, quoted In Secretary
Manning report for lSs6, and relates "a
certain worstrd yarns imported from
England, whnsc price was called In
| question. The decision says;
| II 81 conceded that thr invoice shows tho
| prices uctu NV pIis Tor tho merchandise ThCs,
! prltcg are lover however. than prices Of tho
| stmc % lds TO- the English mrltet liut II n
HtItc Ih 70 the invoice prices are those NJ which
Bsuh goo % age III or cNp0rItiu ~ that II Il
! Hlil tharv a'r two Wholesale prices, both Of
/ thHn a iul. o,o for con lmptun In England
I and b uilnr fbr cNp,rtytlo1; AMI The question
Hr.sos. wa ella ~ tho two values iH 70 be- chosen
no tho bass. fIr the as s,inHut 81 dutcsf
80 the question rs - export discounts
/, wholly Irrelevant in tariff discussion.
| Only Tia, shan less dishonesty of the
domtypgnc free tr,t Ter has dragged IL In
for the pGrpp,, 81 creating prejudice
against protection.
4. A 4