Watertown republican. [volume] (Watertown, Wis.) 1860-1906, 1892-10-05
Australian
Difference

years. "a
cents.
Justice, Bateman & Co. make the fol-
lowing statement in regard to the woods
included in this latter table:
"Both of the above grades are three
eighths or one-half blood merino. They
each shrink about 40 per cent in the scour-
ing. There are perhaps no other woods in
the world so nearly alike and SO suitable
for fair comparison of the European and
American prices as Ohio medium and the
grade of Australasian medium known as
New Zealand crossbred, as they are both
spun to the same number of counts"
The senator here presented the official
labor statistics showing that in Massa-
chusetts the annual profits on capital in
vested in wooden mills are less than per
cent. and in wOrsteds in 1890 but 2.21 per
cent, while in Connecticut it was ISL per
cent in $780, 427 per cent. in 1889 and but
4.73 per cent. in 1885, while in 1887 there
was an actual loss Of per cent He then
declared that the object of the Mckinley
bill was to multiply and diversity indus
tries; that it had done so, despite the adj
verse effect of the elections of 1890, and
continued:
The men who were active in presenting
the case i'll behalf of the tin plate industry
to the committees of congress and who
have been the pioneers in its establishment
have been subjected to undeserved villifca
ton and abuse. 1t would appear that in
the eyes of & tariff reformer to suggest the
inauguration Of a new industry in the
United States is misdemeanor, and to
achieve even partial success in such an en-
terprise is a crime for which no punish
ment is too severe.
Notwithstanding all the clamor and
plain downright lying that have been in
dulged in by the men who are putting
every obstacle in the way of success in the
establishment of this great industry of the
United States, the work of building it up
has gone steadily forward. The number
of pounds Of tin and terne plate manufac-
tured III each of the quarters of the fiscal
year which closed on the 30th of June,
1892, was as follows:
Quarter ending
September ~, 1871. ..................... 826 922
December 81, 1891. Observation-Disclosures. I409 S21
March 81 1892. ACKNOWLEDGEMENTS. 1904 0S7
June ~, 1897 S,225691
Of the 6,225,69 pounds produced in the
last quarter over 100000 pounds were
made from black plates produced in the
United States. The competent special
agent of the treasury department who has
plates in charge estimates in a letter
which submit and will have printed in
The Record that the production for the
current fiscal year will be at least 10O, 0O0,-
600 pounds, and that by the close of the
year the production will be at the annual
rate of zoo, 600, 900 pounds.
The special agent has also prepared for
me list OF the twenty-slx firms and cor
porations who have produced tin or terne
plates in the last quarter, with the amount
produced by each. Seven of these names
appear in the list Of producers for the first
time, and Mr.. Aver reports that some
eight or ten additional firms expect to be-
gin the manufacture within the present
quarter. Many of the names included in
the list represent the strongest firms in the
country several of whom were among the
most ardent opponents of the imposition
of the additional duties
/ have requested a gentleman who is
thoroughly familiar with conditions Oh
both sides of the Atlantic to furnish me a
statement of the relative cost of producing
tin plates at the present time. This state
ment, which [ submit and will have
printed in The Record, shows the details
of cost in the two countries. These figures
show that the cost of making &c coke plate
today in the United States is S.. 35 per box.
and in Wales $500 per box.
A close analysis of this table will show
that the difference in cost is really a differ
ence in the wages paid in the two countries
To substantiate this more fully, | submit
and will have printed in The Record a table
showing the wages actually paid per box
in tin and black plate mills in Wales and
in the United States
In order to show how completely the
Welsh manufacturers control the price It
tin plates and how they have been accIs-
toned to manipulate the market for their
own benefit, usually at the expense of &C a
sumers in the United States, submit here
w tn statement which shows the relative
price Of &c coke plates and of Bessemer