The morning news. [volume] (Savannah, Ga.) 1887-1900, 1892-11-13
ENGLAND ON OUR TARIFF
KEEN INTEREST MANIFESTED IN
THB DEMOCR RATIO POLICY.

Leaders in Various British Industries
Plea sed at MIR. Clevelsnd'5 Election,
But Doubtful AS to the Extent to
Which England Will Be Affected By
the New Import Rates.
LONDON, Nov. l2.-The Druy telegraph
this morning publishes a number of inter.
views on the result OF the American elec-
ton with representatives Of various trade
interests of Great Britain. The president
and secretary OF the Sheffield Chamber Of
Commerce and the heads OF various firms
In that city are represented as being pleased
at Mr.. Cleveland's victory, but not san-
guine OF any immediate result in the way
of tariff reform. In one interview an ex-
master cutler is reported as saying that he
thinks that if any tariff reduction la made
1t will be of a selfish kind and that 1t will
only benefit the United States,
KEEN INTEREST FELT IN LIVERPOOL
A number of Interviews had In Liverpool
make it appear that keen interest is evinced
there in the result and it has been the chief
topic of discussion in the cotton market, on
the stock exchange and among the frequent-
ers OF other business oenters OF that city.
The opinions expressed are various. The
Liverpool ship owners. especially, have suf.
fered from the Mckinley law. In addition
20 the reduction in the expectation OF
woolens. other articles, like tin plate,
formerly sent TO Liverpool to be
shipped by fast steamers, are now shipped
more cheaply from Cardiff. and other ports
nearer the centers of production, the cost OF
railway transportation TO Liverpool being
thus avoided. In some quarters hope is ex-
pressed that although the Mckinley law
cannot be repealed, some temporary modifi.
cation may be made IN favor Of English
goods.
THE CHEMICAL TRADE.
In the chemical trade, according to one
interviewd, q revival of business 10 expected
as result Of the derhocratio victory
The cotton trade it appears, has suffered
less than some other interests, and Its reps
resentatives are less excited by the news.
number of interviews represent the
citizens of Belfast As jubilant over MIR.
CleVelaud's election and as talking of moths
ing else, the linen industry having suffered
severely through the Mckinley tariff law.
Sir Daniel Dixon, mayor of the city, who
is ship owner, says he is rejoiced for the
sake Of Belfast, and that he anticipates im-
proved trade In her exports aud in freights.
MUST CARRY OUT THE PLEDGES.
The Times says: "The democratic victory
Is so complete that 1t carries with ID an obli-
CATION to act up TO the pledges of the
Chicago platform. 1t Is no longer necessary
for Mr. Cleveland to assume the hedging,
minimizing tone which marked his letter OF
acceptance 1t may be expedient TO cons
slider the state Of the country's finances and
wait until the democrats 10 the Senate ars
reinforced through the admission to tue
union Of Arizona and New Mexico; but
America declares openly for policy OF
tariff reduolion."
PROTECTION A wILL-olTHT-wIsP
The Daily NetOs also reverts to the
theme of the presidential election. It ex-
presses regret because what 10 terms the
splendid chance" OF the republicans was
Thrown away and says: Through fol-
lowing the will-o'-the- wisp of protection,
they allowed the scepter. of leadership to fall
into the hands of their rivals.n
The Economist remarks: at is not wise
TO expect too much from tariff reform. With
a small majority in the Senate the demo-
Gratis will not easily carry sweeping meas-
ures, and TO attack the tariff In detail
would tend to unsettle trade. We must
remember also that the more America frees
herself from protection the better she will
be able to compete with foreign markets.
What we gain IN one direction we will lose
In another. Ii would be- to our immediate
advantage to check capital flowing into
America to establish new industries.n