South Branch intelligencer. [volume] (Romney, Va. [W. Va.]) 1830-1896, 1892-10-07
Farmers ! Read This !
TARIFF PRIMER.
THE SUBJECT MADE PLAIN.

TARIFF PRIMER.
THE SUBJECT MADE PLAIN.
WHAT THE TARIFF is.
WHAT THE SAVINGS BANKS
SHOW.
Q. Are there any other Official
statistics exhibiting the greater
prosperity aud wealth Of the pro-
tected manufacturing states?
A. Yes. The savings bank de-
posts alone afford an impressive
illustration of the injustice of q
policy which favors the nine man.
featuring states at the cost of the
others. The manufacturing states
have six-sevenths of all the savings
deposits in the country; their share
being 81, 425, 900, 900, and that of
all the other states s211, 900, 900.
The little manufacturing state Of
Rhode Island has nearly five times
as much az the great agricultural
state Of Illinois; the figures being,
for Rhode Island, &55, 1853. 900, for
Illinois $11, $50, 900. Massachu-
sets has nearly ten times as much
as Ohio; the figures being, for
Massachusetts,, 1908, 900, 900, for
Ohio, $50, C0e, zoo. Indeed, Mas
sachusetts has nearly as much
money in savings banks as all the
Western and Southern states put
together-and New York has two
thirds more than Massachusetts,.
New Hampshire has an average of
5000 for every head of o family in
the state. Massachusetts, has 944,-
778 depositors In these banks, or
more than twice as many as there
were votes cast in the state at the
last Presidential election. In 9TH
er words, there ia savings deposit
in Massachusetts, of $500 for every
married man and every married
woman in the state. Rhode Island
has three times as many depositors
as voters; and each depositor has
an average Of $500. Connecticut
has s102, 189, DOOR 5000 for every
votcr who voted at the last Presi-
Dental election. New York has
1895, 900 depositors-or ono for
every vote cast in 1S8S-and each
of them has 1891 on deposit in
bank. Maine has 1929 deposit
tors, each with an average of 1925
to his credit. Vermont has 1920
depositors, each with 1888 to his
credit. Pennsylvania has 1917. 695
dep ositors, each with $3.50 to his
credit. New Jersey has los, 1876
derositors. each with 1914 to his
credit. OF the other 20 states, 10
show no savings deposits, at all,
and the other II show only $211.-
900, 000-or, third less than the
single state of Massachusetts,.
PROTECTING THE RICH.
@ Where are these figures OBJ
tanned?
A. From the last report Of the
Comptroller Of the Currency at
Washington.
O. They IRE very interesting,
certainly; and they show that the
people of the manufacturing states
are much better provided with
ready money than those of the
West. But what has this to do
with the question of protection?
A. 1t has this to do with it: it
shows that we are protecting the
best-paying business in the coun-
try at the expense of all other
kinds of business, and that the ben
efits of the policy go chiefly to the
richest section of the Union, which
stands least in need Of it. The
people of Kansas have not q dollar
in sayings banks, while the people
Of Massachusetts, have over $780,
300, 0O0-nearly enough to buy the
whole state of Kansas. at its asses
sed valuation; and, surely, it can
not be just or wise to impose taxes
on the people of the poorer state for
the protection of the richer one.
@. But is it not true that while
has more money
wealth than Kansas, Kansas haA
more land wealth than Massachu-
setts.
A. No: Massachusetts, has six
times az great q land wealth., or
real estate wealth, as Kansas-the
figures being for Massachusetts,
81 , 4s7, 600, 00e; for Kansas e243,-
BOO, 900. And besides this, one
third, perhaps one-hslf the wealth
u Kansas is owned in, or mort !
gagged to persons living in Massa-
,husetts and the other manufacture
ng states. Indeed, it would not |
DO far out the way to say that this |
manufacturing state, which |
8 assumed to be incapable Of max
ng q living without the help of the
,ther states, Kansas included, not /
,nlY owns itself, but q full third OF |
zansas besides. In 1880, the peo-
Die of Kansas we're worth about !
s577 per capita, and the people Of l
Massachusetts eli ,568 per capita;
md the per oapits Of true wealth in
he nine manufacturing states, &C
,ofding to reliable estimates, was