New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1892-10-10
A GLOOMY OUTLOOK.
THE MKINLEY TARIFF AND THE WELSH TN
PLATE TRADE.

THE MKINLEY TARIFF AND THE WELSH I'm
PLATE TRADE.
From the sheffield England Telegraph.
The Exchange Telegraph Company has received the
following communication from "A gentleman IN SCUM
Wales. who Is in position to suBstantate his state
ments The fatal blow that has been struck at me
is now being le!t by that INDUSTRY IN II, iSa Urre
na ha as 1si 1r Closed d0t to trade he
Hoping against hope, manufacturers carried on tnet
work? looking for the pc,.hi ny OF an a9osauC,
Harrison making as IT cid CHIEF plank OF tnis
protective measure, and claiming for 1t benefits 70
Wales no alternative but 20 face tho ugly facts Of
its only too probaIe continuance As an immediate
another has become necessary. that are on the
threshold OF winter with probably 5000 woIkmen Guy
ent upon tho bead-winlers. The mischief Will, IN
fortunately, not be- confined to the tinplate 'iads'
tut has wide ramihcacOns. affecting the coal s,eet.
and other industries dependent upon the welltdns
Ct TIE tnpatc business, aud for TINS deplorabe sae
abundant to REPETITION. and whose produce Of an y.
kinds Is admitted into this country in the broad but
shall have 200 ont of total of 30 Tin mines stopped.
bow far the reduction OF tin plate stocks on the other
wor.s or now obtsInnc nav enable Welsh markets to
meet the inevitable permanent reduction in price OF
plates. remains to b. seen: but in the meantime 4,
period OF distress ana approximate ruin TO many VIII
have 10 he experienced. and many thriving hel-n'
borhood. Of which the tnplate works are the cen'N
and mainstay, will become scene OF dcsolaiion
Pages o56-1-s Of the september issue ar The
Board OF Trade Journal" Will not be agreeable reading
for persons engaged in he tin-paie industry Ihey
forth the conclusions arrived NJ by Mr. Ira AVER
special agent OF the Treasury Department 81 me
United states, the subject of tnpate manuiactue
I'm America. The facts and figures admit o, no dohn.
that the experimental has been passed ana mat
jonathan is on the hgh-road 10 independence OF tne
british SUPPLY. Capital cautious 81 hr' Is now en-.
barking In TIE trade freely. and Is employing Iseii
In the development Of every b:anch Q! the CUISINES,
from the construction OF the Necessary machinery Joy
rolling black plates 70 he final process OF coating WIN
tin. To the defenders OF homo trade. me most
mor,iyin; reflection must be that II was possible 70
hinder all chis one word Of rc'olute warning wouo
have done Il. Tho American Senate had bur 10 ne
convinced that McKinleyiSm would ieopardize lhe
great agricultural interest and the tariff would never
have become law. As that word was not uttered as,
on the contrary he senate was assured by on.
Cobdcnles that under no circumstances would Eng
land retaliae. the hos lie decree against British I'M
plate was sanctioned, and We now have sixty un.
plate works in south Wales closed. 10000 men Guy
OF employment the hands OF another OF the largest
firms under notice 10 terminate heir engagements
and a clear prospect Of the states becoming an en-
lircy lost market Truly one sided Free Trade
and DonothngarianiSm Is remarkable policy 10 ses
before workim mcn the highest TO which the WISDOM
Of humanity can attain.