Saint Mary's beacon. [volume] (Leonard Town, Md.) 1867-1983, 1892-10-06

each city, and my statement would not be
complete without giving Lie result oftlqt
investigation. That investigation shows.
what ID hBcQmmon observation 81 every
body thai Wholesale prices respond more
promptly to disturbing causes than retail
prices. The Fegsons for this are Obvious.
In tho first plare tho wholesale trade Is
locRted almost exclusively III the great
titles. and Is IN the hands Of comparative
y fen men, whjln the retail trade Is scat.
tered All over the country and ID Ia the
hands II gfrat many men
The Wholesale dealers and the mnnufnc.
tuners Of Tie Rends hey sell look forward
VI coming events, Resp themselves in
formed 81 movements til congress and else.
where. and take advantage 81 them III adj
vance, while he retail dealer, AZ general
rule, gives less attention 20 disturbing a.
Guenees, becnnse BIZ has hiAmock oil hand,
purchased at Che old prices and he con-
finues 20 sell Il substantially at tho old
prices until he Lays Ii new stock at the
nav pfieeA
IAN elaborate table Oh lie VACCINATIONS
d Wholesale prices was here presented1
This table shown that during the four
months prncedsng Oct /. 1885, Wholesale
prices tad never YiSen above the normal or
initial point, except ia August. ard then
they ware only e2i00tha of per cent
higher. IN September they were lower
than the initial price. and they never
feccied 10 taat point again until August.
1891, period of nearly two years, and thon
they were only sl00shs d | per cent. be
low Il
The grouped 'clollaa and clothing SO
lected By the committee for She purpose Of
investigating wholesale prices contains
slxly-two articles il general use among
The people. and On tbs lst % December.
lsS9, when The Ififsy grst congress assem-
bled. che prices Of only Eve Of them bad
advanced si1cr the beginning of the pc.
rioal Tho pgirea * thirteen 81 them had
fallen, and fortY.fiye 81 them had neither
adyaEsed nor DECLINED. Tho tariff act
passed the honee 81 Representatives 0e the
eist day Of May, iAso, and BY the ist N
june following the prices Of SIXTEEN d the
articles embraced 10 this group had 10
creased, asld any one who VIII examine the
report Il the eUmnMttee viii aee that from
the IN day q August. 1850, the articles
embraced N tlts Important group, taking
them al tosetheF. never cell 20 their orig.
nal Or initial nsiee until Sept 1. 1891, the
Last eay IL tho investigation, and then
they NeFe % = sss11sh IA u per cent lower
1aers,se 10 Tholesais Prices.
Now. Mr. President ~ She uNe ol this
table. mhich ii j part of the unanimous
report - tAc COMMITTEES. and assuming a.
before that tie annual Expenditure for
eonsnaptsoa Ii el0,p09 900 and the
mmlthly exprnallturr st ssa sS5. we can
ascertain pitbuut difficulty the effect
which the iaefeaes IN wholesale prices
would haxe bad upon the people 81 the
United HteScs IL tho witosn qnantify of
conlmoafslts eonansnud dufing the periOil
covcfrsF ~ tbs Investigation had been
sold ~ tbs wholesaiu dealers daring that
Tins That ihe nhole quantity consumed
whn nof estunily soia ~ Nh0Itaale aurinR
that flne 4 shova ~ tie laet that tlse az
greRate lucrcase ii retail prices or in the
coAi of living OH not egnel chs aggregate
increase III Wholesale prices
On thr ~ day ~ October, 1879, upon the
basis Just stated, which Is iebs than the
total sxpondltars Tor consumption. she ii.
creaae ustr thr initial price was a.. no con
On The 81 dag II November. 1850, Il was
fI&Ea sa8 ard un The ~ day d December.
1859, 4 Wig si1 @ iigg Congress met GA
she afkf Monday ID December thecommlts
ien 90 nAys nfsd means was appointed. and
y was 11n weii known - the country sub,
ssansiaiis what - policy woald be ia ref.
eFepcs e. tAyia lfElaIatlDn. sud CA the Iat
day IT JANUARY. 1850. the Increase of whole
saie prices over che prices pTcTaisingat she
bfsinniax ~ the Investigation was els,
npo09 TlgH psxe n0nth e v4as 90. 900. 900.
and then kheFe was a slight deciips from
that ileff0 until fseps J.. laa0, whe1 the Ia.
creAsa was fe4.g0e30 The Mckinley bill
was approved Oes, |. 1890 and from that
date tIsa siieraNsn II Wholesale pFicaa con.
tinaod 30 grow larger month BY month I'M
III on tie let slsy 81 spril. 1891, Il wAa s9S..
slaCos But win non tiesaln the senate
~ 4 farther statement AZ thcss incrrases
ii detail, but win insert tha following
table. mhirh wlil show that tho total gross
increase fran Oct. !, 1850. 10 july j, 1891.
amounted ~ the snus;of asf5, Gie. -. hut
during 40 months IL july aud August,
1871. there weFs small decreases, amount
Ink % e. ll6. as. which. being deducted.
leaves d nGt inrspaseu ~ &i42, 5ip s,S&