Ceredo advance. [volume] (Ceredo, W. Va.) 1885-1939, 1894-01-03
Views OF u Promiucnt Virginia
Business Man and Demo-
Graf.

| SEsis
Richmond, (Na..) Dispatch.
Major James III. Dooley. who is
probably as we'll posted on finan-
cial matters as any one in Rich
mond, is not at all satisfied with
the proposed tariff bill, and com
plains that Mr.. Cleveland in his
message TO Congress should have
clearly indicated some financial
policy for the Government. A
Dispatch reporter had quite a
lengthy interview with him yester
day in regard to tho present con-
dition of affairs nationally. Speak
ing of the message of Mr.. Cleve.
land, Mr. Dooley said;
"As you are well aware, / have
oeen warm supporter of Mr..
Cleveland in his days of adversitv
and in his hours of triumph. No
one has more strenuously advocat-
ed his policy concerning the Sher-
man-law repeal, and l approve in
general of his message and of the
policy which it outlines, but in my
Judgment the Wilson bill, whichhe
lndorses and recommends to Con-
gress, is n sectional and unwise
measure, which should either be
greatly modified or entirely de-
feated. The avowed intention and
scope of that bill is to deprive tho
South of the scanty amount of pro-
lection which the tariff now ac-
cords to it's industries in coal and
iron ore in oder to stimulate New
England industries, which are
amply protected under the pro-
posed law. For nearly one hun
dred years New England has been
laying tribute upon the South
through the machinery of the
tariff. She has grown fat and rich
at our expense.
A few years ago n duty of rs
cents per ton vas imposed on iron
ore. Since then the South "shas
rapidly developed its great resour-
ces IN iron and coal. This develop
ment so reduced the price of iron
that all the New England furnaces
had TO blow out, and they have
been compelled to purchase the
greater part Of their iron and n
very large portion of their bitumi-
nous coal from the South.
This is n reasonable and fair
condition of trade. New England
is highly protected in her manu-
factures, and sells most of her man
ufactured goods to the South. The
South, under the very moderate
protection of 75 cents per ton, is
enabled to sell her coal and iron to
New England.
soUTH's NATURAL ADVANTAGES.
"The South" continued Major
DooIey, "by reason of its natural
advantages, it's great deposits of
iron and their proximity TO the
coal-beds, can make iron cheaper
than any other portion of the Unit
ed Statee. Hence, New England,
having but scanty ore-beds and no
coal has, found itmoro profitable to
buy our cheaper iron than TO make
it. On the other hand the skill
and technical training of her ar
tisans enables her under the high
protection which she enjoys to sell
US most Of the manufactured goods
which we buy.
"NowsNew England fays: 'We
do not like this condition of
things we want to have continued
protection for our manufactures,
80 that we may continue TO sell our
goods TO the South. but we want 10
buy our coal and iron ore from the
British Dominious, and not from
the south. Take of this duty Of 75
cents ton on coal and iron ore we
can then buy our coal and ore from
Great Britain cheaper than we can
from the South; or the South, IL IL
wants to sell to Us, must reduce the
the price by IS cents per ton. Thus,
We will be enabled to add the *
cents per ton which we now pay on
coal and iron, to the profit on the
manufactured goods which we sell
to the South, and the South will
either have to stop selling Us coal
and iron, or it will have to deduc,
rs cents per ton from the profit
which it has been realizing
This is the avowed object Of
those who advocate the Wilson biz