Pawtucket tribune. (Pawtucket, R.I.) 1890-189?, 1892-08-24
CARLISLt'S KEYNOTE.

1871. pcriod or nearly two years, ana then
they w>ic only 7-i00ths Ut I per cent. be
low IL.
The group II fscloths and clothing" se-
lected by the committee for the purpose of
invcliir'ainy Wholesale prices contains
siSty-two articles In general use among
the pcopio, aId on the LIST OF December,
1850, wlen thl Fifty-nrst congress assem-.
bled, the prices OF only five Of them had
advanced since tho beginning of the pc
nod. Tho prices Of thirteen of them had
fallen, aud forty-fiye Of them had neither
advanced nor declined. The tariff act
passed the bOuse Of representatives on the
Slst day II May, 1900 and by tho LIST of
Juno following the prices of sixteen Of the
Srticlcs embraced in this group had In
crea7cd, nnH any one who will examine the
report Of tip committee will see that from
The 1T day u August. 1890. the articles
em' reccl II this important group, taking
then! ~ to';etlcr, never fell 70 their origi-
nal CT init!a! price until Sept 1. 1891, the
la% cny e tbo Investigation. and then
thoy were OILY 2loOths IT per cont. lower.
tncrcnsc la Wholesale Prices.
Now, Mn President, 10y tho use Of this
table, which Is a pnrt OF the unanimous
report of the committee. and assuming ~
ooDsumption Is sl0,000, 10000 and the
monthly expenditure sSt3, 1888. .3S3. we can
ascertain without difficulty the effect
which the increase In wholesale prices
world have lad upon the people Of the
United States IL the whole quantity Of
commodities consumed during the period
covered by the investigation had been
sold by the wholesale dealers during that
time. That the whole quantity consumed
wts not actually sold at Wholesale during
that time ls shown by the fact that the ag-
gregass increase In retail prices or In tho
cost OF living did not equal the aggregate
increase In Wholesale prices
On Tie LIST day Of October, 1889, upon the
basis tust stated, which IL less than the
total expenditure for consumption, the In
crease over tho initial price was S5,l5OO0O.
Oh the lst day Of November, 1889, II was
~ ,S33 333. and on the LIST day of December,
'SS9, IL was l2.5S3, ,S33. Congress met on
the first Monday In December, the commit
tco on ways aud means was appointed, and
Ii was soon well known to the country sub
stantially what It's policy would be In ref
erence To tariff legislation, and on the lst
day Of january, lS00 the increase of whole
sale prices over the prices prevailing at the
beginning Of the investigation was slS,-
10000 The next month 1t WAS 60, 4OO, 600
and then there was u slight decline from
that figure until Sept. 1. 1890, when the In
crease was s34,O0,O00 The Mckinley bill
was approved Oct l, 1890, and from that
date the increase Of Wholesale prices con-
tinued to grow larger month by month un-
Ill Oh the lot day OF April, 1891. It was t35,-
Si6GG0 But will not detain the senate
hy u further statement VI these increases
I'm detail. but will insert the following
table, which will show that the total gross
increase from Oct. l. 1880, to July I. 1884,
amounted TO the sum Of Stf5,6ls, ,SS5, but
during the months Of July and August,
1901, thero were small decreases amount
ing to s3,l0SS}5, which, being deducted.
leaves n net increase Ut s442,5l0,552