Iowa County democrat. [volume] (Mineral Point, Wis.) 1877-1938, 1894-09-20

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presidents signature. has enabled the
trust to import $l12,0o0,0W of raw
sugar. and its profit on this alone
according to Chairman Wilson, VIII bt
S4OVOO, 900. This is half Of its capita
stock and twice the value of the plants
| which were consolidated to create The
tlLst. whose valuation for taxatiJr
and other purpose was about S2O,WO.
Un' This and other purposes wa
about S2O,OOO.OW This S4O,OOO.WW oI
clean, clear profit did not and cotIlc
E"t exist under the Mckinley tariff. ;
In the first place Chairman Wilson
d' | noI state that he SUGAR trust wo,ll
II" t. quoted rs authority by the orgal
for the statement What he did 81,
was as follows: Il am Informed
whether 1t be true or not | do no
know, that the sugar trust, in antinipa
ton of til" passage of the bill hay,
imported about S1O,WU.OOO worth. o,
1t has been said even In excess OF
that quantity, of raw sugar" Both fin,
New York Times which the organ has
quoted on this subject, and the New
lorl; sun, hay" manfully stated tie
fact and corrected the falschood.
II point of fact the entire imports
of sugar do not amount to much NOR
J that SlO,mOOOO per annum. Tho
! total amount Of sugar in the CONNER.
clal world one month ago was litth
! over l,OOO,WW tons, ana the total value
| OF II would not exceed 100000, 900
| or that amount about 100000 tons
| were In stock in all the ports of the
United States. and the amount n the
hands of the sugar trust does not ,N-
cc"d 100000 tons of thcpvaluc of rbout
! ST.. OOO,OOO
| In order to make the 100000, ono
profit that he organ claims the sugar
trust is to realize out Of the new 'ariiT.
1t must today be in possession %" "
entire amount of sugar imported to ;h's
country during the last year. Su "A Il
statement would be too absurd for any
one to present who had the remoteSt
respect for truth, and the fnlsehood
Is 80 cXtrnvagAnt that It clearly re-
flutes itself. The sugar trust will doubt
less profit to some extent by the
amount Of sugar II has ON hand, but
one year under the Wilson bill will so
largely reduce its profits by reduced
tariff taxes on refined sugar. that more
than all It's profit on sugar now in
hand will be wiped out
THE FOREIGNER FAVORED.
We noted the other day the recently
discovered practice of typewriter man
ufncturcrS in selling their machines
to foreigners ut - per cent. rcduc-
ton from the prices charged American
citizens. "'rhc taft law of 1880 was
enacted for the American people and
the American home" said Gov. McKin-
ley in his latest speech. But it ap-
prurel under that tariff that II two
men one II British ANA the other an
American citizen, went to an American
establishment to buy typcwritcrs. the
British citizen would be- given Il ma
chine at onc-fOurth less the cost
charged to the American. sheltered
behind tariff of II per cent the
establishment proceeded to give the
American the benefits of that pro
lection" to which the EngliShman could
lay no claim.
\ more glnring case of this diScrim-
foreigners Is given by the New York
Journal of Commerce. 1t is produce
commission merchant Of New York
who speaks:
My wife recently purchased Il sew.
ing marhinr for 500 1t was II good
! the price; but shortly after, Il friend
OF ours, who lives IN san Domingo.
came to visit Ms, and seeing my wifc'S
mArhinc, concluded To get one liket IT.,
| went to the SalrSroomS with him and
was surprised to find that he could
purchase n machine similar To my
, wifr'S for S22.3o, The seller would not
deliver the machine to MS, but had il
boxed, addressed and shipped on board
the steamer. This, | understand waS
dDur To prevent Americans from com
ing into the store, buying machines at
wv 'Nl'll hlNN'uli'. WI wv WI
ton that th,S were foreigners, and
then keeping the machines for ,uSe III
this country"
This practice appears to be very
general Cotton goods are sold on the
same plan, but machinery more par
ticnlarly. Cases are cited touching
nearly all kinds OF agricultural i'm
plrmrntS, where the Foreigners gets a
substantial reduction rs against the
home purchaser. An export list of IL
certain make of safes shows reductions
in price for the foreign market of over
10 per cent. compared with the home
price, Bicycles. ms we have before
noted, are sold on similar terms. OF
tee desks are instanccd which cost Sic
IN New York, hut are sold abroad for
S2S, Clocks costing 81 in the home
market are sent abroad for $500
1t is we'll to keep such Mcts in mind
IN view ot the attempt now being
madr to revive n waning sentiment IL
favor Of high tariff We get from thu
~. a