Watertown republican. [volume] (Watertown, Wis.) 1860-1906, 1892-01-20

contract, no. foundry that had
made castings of such standard, no
| forge capable of making steel shafts, the
| tubes or the jackets requisite for the
| motive power, now everything needed
| for the construction and armament Of
| the higher class of war vessels is made
| here.
Mr.. Cramp gives this very encourag-
ing summary of our naval condition:
American shipyards have built or are
building about forty vessels of the very
highest and most effective class in the
world; and this development has been
crowded into space of about seven
years. 10 put the case little stronger,
you may say that, with only the existing
authorized construction III view, this
country will have the third navy of
the world in less than ten years from
the date IN which it stood at zero -
Sound Reasons Against Free Coinage.
From Senator Morrill's speech in the
United States Senate, January 8:
In conclusion Mr. Morrill, said: 81
have attempted to demonstrate:
Il That the depreciation Of silver is
both SO great and universal that unlim-
tied coinage could be maintained on
the present standard with gold, but
would suddenly wreck the country by a
silver revolution.
''2. That unlimited coinage would in
terdict all international silver com
pacts.
''3. That there is no scarcity of money
in circulation, but instead the amounts
twice as great as it was In 1878, and is
increasing on q canter.
II. That silver standard would be
equivalent to a horizontal reduction of
tariff Of % per cent, if not more, and
an equal reduction of all pensions.
20. That the enormous production Of
silver, to the extent of four times the
product of 1854, c0incident with great
ly lessened demand for ii, has SO depre
ciated it's value that unlimited coinage
by the United States must prove a dis
astrous national biunder.
IS. That there is no magic III any law
of Congress, which can make the world
accept an ounce of silver as worth any
more in coin than in bullion.
81. That the parties to first profit by
free coinage would be the corporate
owners of silver mines only, and the
parties to finally suffer the largest losses
by il would be the great mass Of our
people, into whose hands the depreci-
ated coin and treasury notes would
finally pass"
Meaning of Tin and Terne.
II is not surprising that there should
be widespread ignorance in regard to
the different kinds Of tin plate, and as
usual the tariff thinkers have taken ad
vantage Of 1t to create an impression
that terne plate is not tin plate, and
that imported black plates, covered in
America with imported tin, are not
Anne rican tin-plates.
1t is in order, therefore. to state facts,
even at the risk OF repeating. The \.
q q. Taylor Company, OF Philadelphia,
who are manufacturers OF tln-plates,
make this plain statement:
Tin-plato is simply sheets Of iron Or steel
coated with pure TIN or mixture OF TN
and lead. That coated with pure tn IS
called III the trade bright tin; that coated
with tin ana lead is called roofing TN or
terne The word terne is French. and
means dull. Previous to 1880 sheets Of
bright tin were put together and passed
through bath of lead. thereby giving
them q much heavier coating than could
be put on the bright tin. Later on the
Welsh makers began mixing lead in their
tin pot, and gradually increased the pro->
portion OF lead from time to time, until at
the present time the coating on some plates
is almost all lead. Plates cannot DC coat
ed with all lead because it will not adhere to
the iron, except by an electrical process
which is very expensive, and the Tin must
therefore be used.
They add that the best roofing tin is
that which is duilest in appearance. a
cheap grade, which is very bright and
attractive, may have but y pounds of
coating on 400 square feet, while q good
quality has rs pounds and is dull. But
d dull appearance is no objection, as any
tin roof should be painted.
In the beginning of the new industry
Ia this country, it has been necessary to
import some thin iron and steel plates,
but they are now being produced here.
We also have to import most of our
block tin, but so does England. it is ON
the free list until we can produce it, and
if orr mines develop well, it will then
We are obliged to import it.-Tos and