Pine Bluff daily graphic., 1897-05-30

7 trust system for the manufacturer and against the laborer The high tari1 makes tie manufacturer complete mas, ter e the waaeNorker
 In the review of R. c. Dun 6 O., i'll their weekly review of trade, dated Feb 12, it is stated:
 No other event of the week ap- breaches in importance the disruption of the steel rail pool h two days, says the report. after it q greater tonnage of rails was probably purchased th@n tbe entire production Of tEe last year, re- ported ct 800.000 tens. And instead oi $28 in December and $25 ill January ST is Eow the p1iee at which works east ard we9t are seeking orders. And further, says tie report, the Carnegie company has been selling at ST, Chi cago delivery. These sales will employ many thousand hands, with an imrer- tant decrease in the cost ef track laying on renewal of railroads.
 Now, my friends, let mo ask you, was it the rising CT lowering price tha; employed these thousands of men? Our friend MT. Hopkins of Illinois tells ci the benefits of q higher duty oa iron and steel. Bid tic steel lail peel need more tariGs2
 What Is the difference il giving the manufactures double profit through 2 high tariff or through a pool? Do they ever share the profits of the pool with labor? No Will they ever share the y,,.oS+s of o 4or;Er9 No1.or
 Ut takes Eo political economist to answer these questions. If the United States manufacturers can reap twice the profit under high tariff by limiting themselves to the home market and running half time, why should they run full time and invade foreign mar kets? They never will. They will sit down comfortably and sell their limited supply Of goods for increased profits, making them more than W hole, while the laborer tramps the country in search of work juss as he now does under the trust system.
 ''It is unfortunate that the humdrum of the tariff has been sounded in Il c ears of the people until many of them
 
 important, if not curse. Why did the breaking of the steel rail pool put SC many men to work? It was because the consequent lowered price for iIon and steel brought most liberal orders from abroad as well as at home. Suppose the tariff had been prohibitive and we would nave been confined to the q, have made so many goods? No, but they would have doubled their profits on what they dld make The people could not have bought so many because of the increased price WEo would have sui fered? First the wcrkmen, because thoy would have had fewer goods 10 make; secondly, tue consumer, because he could not nave bought so many at g higher price Who would have been beL- cited? The manufacturer, tecaaee he might have made and handled less goods, made a double profit, and really have gained as he would have had few CT to handle for the same profit.
 "This bill will increase the manufae- turer's prOhfs on the individual arti cles, but wlll lessen the power of the people to buy CT use his wares
 ''It is the poverty Of the buyer, not the producer, thai must be relieved be fore things will thrive.
 "Ihe manufacturer has every facility to produce. But no facility to sell.
 1t is the consumption that must first be stimulated, and that will stim- plate production.
 "Thele are bat a few crumbs in this bill to aid the oppressed farmer of the interior or the laborer but thousands Of things to further oppreas him. Higher sugar, higher salt higher lumber, high CT clothing, higher manufactured prod ucts and absolutely nothing to raise the price of labo~-a high tariff on labor 3 products, limiting the demand for his labor by narrowing the market. but throwing tLe ports wide open for the free importation of other labres. fro.s foreign countries to freely compete with his wunk.
 ssOonssessey. thou art 3ewsil"