The Lambertville record. [volume] (Lambertville, N.J.) 1872-1968, 1892-08-24
A Few Fact. About tn. MCKINLEY I'm.

What 10 the Mckinley bill, and what is
II doing for the connlrJi It's free trade
opponents Prophssied dire injury from it,
declaring that il would raise prices of
manufactured goods, paralyze foreign
trade aud limit Industrial development.
lite friends claimed that il would tend to
sustain the wages Of labor, maintain the
high standard of living Of the working
classes, without iucrcAse of prices To eon-
sumers or reduction OF the volume OF for
eign trade.
Which was right2 The bill has tri-
nmphantly indicated itself, and verified
the promises OF its friends. Instead Of
raising prices Of commodities, 1t has re-
eueed them. Instead OF destroying for
eign trade, II has given an immense devel-
opment 10 trade with foreign nations aud
Witnessed the heaviest international trans
actions ever known. Instead of balance
Of trade against us, requiring shipments of
gold or other forms OF wealth TO pay the
difference, foreign nations have been
compelled 10 pay more than two hundred
millions Of dollars 10 settle the balances
OF the past year IN our favor.
Free traders insist that the tariff is a
Mckinley bill increased taxes. On the
superstition that the duty is tax upon
the consumers Of the products, this much
abused bill has reduced taxation, for it
leves = lower rate than the tariff net
which II displaced Under II only frac-
Non over 30 per cent has been paid upon
the fetal imports OF last year; whereas,
within . small fraction Of 80 per cent. was
paid during the last years operation oil
the former tariff. That may seem strange
20 readers OF free trade misstatements, but
1t 10 true, 80 shown by the records CT the
Treasury Department. 1t has reduced the
svsrags rate OF duty nearly onc-third. II
has made this average much lower than
was made BY the Mills bill, the free trade
bill What 10 The difference then between
the the Two systems2 The same as be-
tween light sad darkness. They are Gia-
nstSissliy opposite. The Mckinley bill
places duties On goods which we can pro.
dsss Of hsms, and makes free goods that
Do est compete with our labor. The
hills bill places duties on tea aud coffee
aas sugar, which are grown by foreign
labsr, Increasing their price to our con-
ssnsrs; aud II let In free or reduced the
dhty 81 things we do produce, offering
aangsrsss or destructive competition 10
eur manufacturers and reducing or dts-
ksyiag The Income Of our la6orers and ar
hsans. The Mills bill was ia the interest
Of fsrsiga manufacturers and foreign la
bsr: The Mckinley bill favors home man
Afsstars aad American labor. The Mills
bill headed TO reduce the standard of liv-
lag Of our working people and limit the
farmers Asrket for wheat and corn and
oil stAsr fsod products; while the Nc
Kislsy law 10 making larger markets at
Asns, Increasing the demand for labor,
sad keeping our money at home instead
Of ssndins 1t abroad TO feed foreign labor
and pay iatsrcst on foreign capital.
Further, IL the tariff Is tax, it may be
paid by eur consumers or IL may be paid
BY foreign manufacturers II levied on
goods we produce, foreigners anxious TO
ssApsts, will pay the tax, as they do, TO
make sale for their goods. This they have
dsns in Tin plate. This the Canadian
farmers have done in sending us eggs the
past year, selling them at l04 cents per
DOZEN, when they got 10 before the pass
age Of the Mckinley bill, thus paying
aesriy al Of The duty. But the importa-
tisn vas nearly stopped, giving our West
ern farmers al opportunity TO enlarge their
trade with the East In eggs 10 the extent |
Of mere than two million dollars. The |
n. Kiuisy bill thus helped the Western |
farmers 10 that amount, made The Canadi- |
ana pay seinething for the privilege OF our
trade, aud Eastern consumers got their |
eggs Al the same price as before. Thus
the iii helped ills country, though II was
bel popular 10 Canada The Mills bill, on
The contrary, was popularin foreign coun-
tries, and abused by all self-respecting
Americans who thrive by industry. The
Mills bill loved our neighbors abroad bet
Ger than our own people, while the Nc.
Kinlsy bill looks first to the Interests OF
American labor.
Free trade In this country was not ia |
vored by Washington, jefferson, or any |
Of the early Presidents. 1t was born OF |
slavery and ratification In Calhoun's time
TO reduce the Northern laborer, the mud
ellis Of the North" 10 the condition of |
with slave labor. All the bills
Of the present Congress favor absolute free