Evening journal., 1894-01-18
GENERAL PosTLes HITS BACK.

AirlNIfirl fO1N Ito I'LL > UA0hs
His Remarks In Philadelphia MIscon-
strued and Misrepresentei iiy a Morn
Ing Paper.
In an open letter General }. Parke
Postles criticizss the editor of the Morn
ing News for misconstruing his remarks
made 10 the members of the National
Morocco Manufacturers Association In
Philadelphia last week. He says:
81 had seen an article Of similar tenor
in one of your contemporaries, supposed
TO have been written by former attache
Of the Morning News also a communi
cation IN the Philadelphia Press, sup
poselly from the same source / consid-
cred the source of these articles, as
presume your Democratic contempor-
aries) did also, aud did not deem any no.
tiee Of same necessary
"But how you. Mr. Editor, or an honest
and intelligent man could. from my re
marks which you quote. arrive at the
conclusion that It was proposition TO
form a trust to put mp the price of those
grades of skins which are in demand.
etc, is beyond my comprehension.
Had you quoted further from my re.
marks where stated that ! only made
this suggestion, not requiring any
formal action, but for the purpose Of
impressing the facts upon the minds Of
the members of the trade so that each
for himself should see the necessity Of
taking such action as would remedy the
evil complained of il would have so COM
pletely knocked the bottom ont Of the
argument Of your article that on the
whole hardly think the article would
have been published.
1.-THE facts are that In this business we
fix line Of prices on the various grades
OF stock In accordance with our ideas Of
their comparative values. The low grade s
being much below cost, and the prices
&C vaucing through the various grades.
till the best grades are reached. which of
course are priced much above cost, the
effort being TO secure an average piice
which will give us a margin Of profit
Now IL Is manifest that when the
buyers of our goods shall have demon
strated to us. by readily buy ing our
medium and lower grades, and refusing
to buy our better grades, that their ideas
Of their relative values and ours differ SO
radically, there can be but one remedy. il
the business Is to be continued aud that
remedy is the readjustment OF prices. by re-
ducing the prices Of the better grades and
advancing the prices Of the medium and
lower grades sufficiently to preserve the
average price at point which shall
secure a margin of profit.
That was my suggestion. nothing
more, and nothing less, as think full
report of my remarks on tue occasion
will fully prove.
III in this, any one can honestly Fl pc
any proposition to form a trust. ol
anything Of any such nature, then l cal
only say that pity the want Of intelli
gence Of that person
"That an irresponsible scribblei
should have written and procured tn,
publication Of the scseed3 above referre,
to, is possibly not surprising, and 4
hardly worthy Of notice; bat. when
reputable public journal EDITORIAL.
makes a partial quotation O
anyone's remarks and bases upoI
such quotation misleading state
ments, aud draws unwarranted con
illusions In the attempt to make a llttl
cheap party capital, it seems to the Ia,
mind that It is guilty OF an act which, 4
say the least, Is beneath the dignity 0
reputable journalism