The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1892-11-07
the foreign article. they are selling
ut from 5 10 10 per cent. less

the foreign article. they are selling
ut from 10 10 per cent. less
than before the tariff bill was
passed. This result. 1t 10 hardly necessary
to say. has been brought about by COMPETE
ton among the manufacturers IN our own
country. In the meantime the foreign
manufacturers have cut their prices TO
meet those on this side of the water. This
has been done in other things also; In linen
goods fer instance. which are not manu-
featured here to any appreciable extent.
Linen crashes were never so cheap as now,
and yet the duty on them was increased.
which the duty was increased that We are
payi ing any more for, and IN many cases
the cost is less"
How do you explain thiep
Tho protective tariff stimulates the
manufactures In this country and the COM
petition. which follows lowers prices. Tho
fact that the foreign manufacturers can
afford to lower their prices TO meet those
on this side gives some idea OF the pfotits
they have been making. Repeal the rarltf
and they would put the prices back al the
old figure. The fact. also. that they can
pay this increased duty. and. at the same
end to the cry that the consumer pays the
tax Indeed, the benefits of the Mckinley
law are apparent TO dealers that the
question seems hey nd argument"
Can you specify still furtherP
Take the matter of lace. for example.
Ita manufacture here was languishinR be-
fore the passage of the Mckinley bill, but
since that time SIX lace manufactures have
been established in this country. move
ment is now on foot to start factory here
in Indiana TO make lace curtains The
duty on laces and lace curtains was in.
creased, and yet they are much cheaper
now than ever before"
What has been your observation In re-
gard to velyetsf"
The opponent t. of the new law proclaimed
loudly that we could not make velvets in
this country. Nevertheless the increased
years, we are making and selling American
velvets which are better and cheaper than
can be imported. The same opposition was
made when the Republicans put q high
tariff on silks They went up at once 60 per
cent. but now we have the largest silk in
dustries in the world, employing thousands
of men. and silks are cheaper than they are
in Europe"
What else can you mention that has
been cheapened by the tariff"
"Oil-cloths table and floor, of which we
sell thousands of pieces. are from 20 TO 90
per cent. cheaper THAI q few years ago.
Knit underwear and hosiery, whose i'm
prOvement In manufacture III this country
has been marvellous. will compare favor
ably with that manufactured In Chem
nltz the worlds center for these goods.
The prices have declined in proportion TO
the advanced duty. and they will continue
to do so as the competition Increases
on seem to regard the Mckinley tariff
as favorable to the interests of the peoples"
"Undoubtedly. Instead of adding to the
burdens of the people it 10 q reformed
tariff, Its free list largely exceeding tho
number of articles on which che duty was
increased. The prospect of taking IL out
of the control Of those who have IL so we'll
in hand is alarming The Republicans
understand the situation. The Democrats
have shown their ignorance of it in the
Morrison and Mills bills. Opening mp the
discussion in order to give the demagogues
q chance to talk over the shoulders Of Con-
Rress to their constituents would be detrl-
mental to business. Its agitation causes IN
certainty. stops commerce, threatens new
conditions and creates psnlcs."
What is the effect of this new Ia W upon
workingmenp
"The tariff 10 the salvation OF the work
ingmeD. This is very evident when one
sees the enormous number of new INDUS
tries giving employment to hundreds of
thousands. foreign capital coming to this
side, immigrants fiocking in to better their
condition. In every way You look at it. it
is an immense advantage. Any tsmpering
with 1t would paralyZe innumerable bust
ness projects now being considered"
What do you hear regarding the general
sentimentp
"Nine-tenrhs of the statesmen who visit ms
from the mills and manufactures are pro-