The Cecil Whig. [volume] (Elkton, Md.) 1841-current, 1892-11-05

Kinley bill, and the date at which it
went into effect July /, 1890. That
this excessive importation in anticl-
patton of the high duty to be
imposed, disturbed the normal con-
dition of the tin market, and the
temporary supply being greater than
the existing demand the price went
down
But the tariff had nothing to do with
it!
Oh no Certainly not, it never has
in the Democratic argument when the
price of COMMODITY is lowered, but
every thing when the price goes up.
But how we ask our contemporary,
came this six months period to be
fixed IN the Mckinley billP
Was 1t accidentally done?
Had it no objectf
Wasn't it a provision wisely in
serted by the trainers of the bill, to
bring about the very condition the
Democrat cites, viz to stimulate tenn
porary importation, which contlngently
would lower the price OF tin?
Did not Mr.. Mckinley and his CO..
workers know, that speculation would
be excited during those SIX months and
the market be over stocked by July I,
1902 Had they wished to create a
monopoly for sheet steel as competi-
tor OF tin for many uses, as charged by
the free traders, would not the increased
duty OF the Mckinley bill on tin have
been imposed concurrently with its
passageP
But it was not so imposed.
The trainers of the bill knew, that
England had been allowed in the past
a monopoly OF the tin industry. That
there was no existing reason why the
United States could not make their
own tin, but that tin manufactures
would not like mushrooms spring up in
a n ght. That time had to be gained
for the establishment of its production
as a home industry. To protect home
consumers, until they could get the
benefit of American made tin, they
allowed draw back 10 all exporters OF
tin equal to the duty imposed on the
English article, and gave six months
for the home trade 10 adjust itself to
the new condition COT price) created
by the Mckinley bill.
| Did they act wisely?
Let US see.
| When the Nc Kinley bill was passed,
ordinary l. G. tin was worth S4.I5 pei
box. The bill imposed an increased
duty of about IS per cent. Last yeal
tin reached $3.50 per box, now il
stands at s5.o5, or an advance OF ~
per cent over the prices before the
Mckinley bill.
But note this fact; while thi:
increased price was paid by the whole
sale buyers of tin, the average increase
IN Price to consumers of maNnfac
tved tin s0as only about 5 Per cent
Even under the heavy duty imposed
by the Mckinley bill, the increased
cost to the buyer of an article of tir
was, and is today, scarcely appreciate
In small tin cans it meant S2I.oo pc
thousand instead of $4,000. Some
thing considerable it is true in the ag
gregate to the consumer or packer who
used them by tens of thousands, bu
little or nothing to the segregated con
sumner.
This small increase in price to indi
vldual consumers will be further reduced
when the increased production O
American made tin reaches the market
In five years the best informed assert
America will make all the tin plate she
consumes. Last year American mill!
made six millions of pounds. Scarcely
week passes that a new mill is no
projected in some section of the
country.
| Why shouldn't America make hel
own tlnf
| There is no reason why she should
not.
| The total annual consumption of block
tin for coating black sheets-for tir
popularity speaking is sheet iron coated
with block tins 100000 lbs
The mines of England produce only
six of these fifteen millions, the balance
is mined in Australia, the Balkans, and
the Hymalayas. England has nc
monopoly ai-.h reduction Of S5iio-.
4 tin. America can bring 1t from
Australia just as cheap as England, and
the surplus demanded over her home
production in Dakota, Montana, Idaho,
Colorado and New Mexico, will cost
her no more than England IS now pay
ing. All America needs is the educa-
ton in the process of manufacture.
This she is rapidly acquiring, and
American enterprise, American capt. al
and American ingenuity will supply the
rest. All she has to contend against
now, is the unpatriotic prejudice of
free traders, who for temporary parti
Fan advantage, antagonize so import
ant home industry, and knowingly
help England to the injury of their own
country.
The London "Tinoes' tells
| the Tu; II 1l3u7, That The Ioot