Lincoln County leader. [volume] (Toledo, Lincoln County, Or.) 1893-1987, 1894-09-06
THE TARIFF ABROAD.
wno, Foreign Newspapers and Corre
spondents Say OF It,

who, Foreign Newspapers anu
spondents Say OF It,
1oxDoy. August 3l.-The Morning
Post says of the new United states la a.
if. "There is fair prospect that 'he
tariff will benefit the American anu
English people. Still it is rash TO ouilu
nm homes of an immediate revival OF IN
ternational commerce. The real check
~ our business with the States has Deen
the confusion of American currency ana
tbe unsettled condition Of public affairs
Tho circumstances under which the new
oct H was passed do not promise perma-
pent improvement. anu, .,.;F 10
The Daily News says: Inc tarln 10
at least compromise and STOP, gap CIV
inc some expression to the natlohal CON
damnation OF extreme protection as pro-
nounced at the last Presidential eiecVion'
Business must benefit by ending lhe uh-
certainty, which has long affected com, !,
merce in and with the United otates'
THE CUBAN SUGAR INDUSTRY.
LONDON, August 81. - The central
News agency correspondent IN MADRID
saws: "In consequence OF the new
American tariff the government customs
officials in Cuba will apply the maximum
to all imports from the United STATES
The officials expect serious injury 10 the
Cuban sugar industry, as well as to the
Cuban Treasury, from the higher tariff
on American imports"
MUCH UMBRAGE TO GERMANY.
LONDON, August 31.-The Standards
Berlin correspondent says; "Ihe
United States tariff has given much um-
brace to Germany. Baron Marschall,
Secretary OF State for Foreign Affairs,
will enter into negotiation with Mr..
Runyon on points most affecting. Ger
man commerce. According to opinion
here the effect OF the sugar duty will be
rather to induce bounty-giving in the
countries that raise sugar than to abolish
bounties."
TALKS WITH ENGLISH WOOL BROKERS'
LONDON, August 3l.-A representative
of the house of Windeler & Co., the
largest wool brokers engaged in Ameri-
can trade in London, IN an interview
to-day expressed the opinion that the
American tariff bill would undoubtedly
benefit the English market, which is
now feverish an uncertain. Stocks are
held firm here, and dealers in the United
States are demanding lower prices. The
large stock of woods in the United States
and elsewhere, he believes, makes a
permanent rise doubtful. There is little
business now, and the next public sale
will not take place until September Is,
The American dealers insist upon cheaper
raw material in consequence OF their re-
duced profit. The wool-broking firm ol
Jacob & Co. concur in the views ol
Windeler & Co., adding that recent
sale OF 1000 bales has been made to
American buyers. Yorkshire houses are
jubilant over the passage OF the tariff
bill into law. and are confident OF in.
creased business in the future.
WHAT CANADIANS THINK OF IT.
TORONTO, August 31.-The new tariff
law as passed by the United States Con
gress causes considerable discussion here
among business men, and it is generally
believed it will have an important bear
ing on Canadian interests. The mos
important feature of the measure, SO fal
as Canada is concerned, is the placing o
sawed and dressed lumber and all kin
dred materials on the free list. 1t il
thought among lumbermen that the alb
olition of duty will mean in the course
OF the next few years an export trade
upward OF 100000 with the United
States. Free wool will also result in {
considerable expansion of trade. Bar
ley, in which Ontario enjoyed larg,
trade before the Mckinley bill becam,
operative, will, it is thought, hardly re
vive under duty Of 80 per cent. Tht
same may be said OF the egg and horse
trade, in which Ontario did very prof
liable business. Flax-growing, salt
making and beam growing will probably
become profitable industries in Wes
Ontario. On the whole the new bill il
welcomed by business men generally al
a harhinger of increased trade between
the two countries.