Daily capital journal. (Salem, Or.) 1896-1899, 1897-06-23
LABOR'S SHARE.
CAN GIVE NOTHING TO
WORKINGMEN WHILE LABOR
is ON THE FREE LIST.

Prices Stimulate Both Consumption and
Production-Exampleo of Steel Rail Pool.
One of the best speeches made in the
house while the Dingley bill was being
discussed was made by John @. Bell of
Colorado. With facts which are indis-
putable and logic which is unanswer-
able he exposed many of the fallacies of
protection. His exposure of the absurd
claim that protection helps the work
ingman is especially good Here is q
part Of it:
"But our friends upon the other side
say that they levy tariff for the bene-
fit of the waqeworkers. 1 say to you
that any tariff bill, care not from
whom it comes, that does not contain a
provision for prohibiting the free in
flow of Immigration from foreign coun-
tries is ob!iv:ous Of the rights Of labor
and is opposed to the interest OF all
wagewolkers. [Applause.
Protection is always asked in the
interest of others Now, observe how it
is asked in behalf of the poor laboring
man-just enough to cover the differ
ence between tie European scale of
wages and our own. What hypocrisy
Who ever heard of the labcrine man
getting rich manufacturing The sta
tisticians clearly figured from the CEN
sus of 1880 that about 6 per cent on
our dutiable list would cover the differ
ence between the European wage sched-
ule and ours, or that about l8 per cent
ad valorem covered the entire labor cost
of our list of 1880. While the manufac-
turer then asked for the poor laborer
his per cent he got for himself at the
hands of congress six times per cent.
''Is there any reason why high tariff
affects wages injuriously? Yes; by en-
abling employers to build up vicious
trust system for the manufacturer and
against the laborer. The high tariff
makes the manufacturer complete mas
ter of the waReworker.
ain the review Of r. G. Dun g. Co.,
in their weekly review of trade, dated
Feb. IL, it is stated:
No other event of the week ap-
proaches in importance the disruption
of the steel rail pool. In two days, says
the report, after it a greater tonnage of
rails was probably purchased than the
entire production of the last year, re-
ported at 100000 tons. And instead of
$28 in December and $25 in January,
$17 is now the price at which works
east and west are seeking orders. And
further, says the report, the Carnegie
company has been selling at SIT, Chi
cago Gejiyory. these sales will employ
many thousand hands, with an impor-
tant decrease in the cost of track laying
on renewal Of railroads.
"Now, my friends, let me ask you,
was it the rising or lowering price that
Employed these thousands of men? Our
Friend Mr.. Hopkins of Illinois tells of
the benefits Of higher duty on iron
and steel. Did the steel rail pool need
more tariff?
What is the difference in giving the
manufacturer a double profit through a
high tariff or through pool? Do they
ever share the profits of the pool with
labor? No Will they ever share the
profits of tariff? Never
1T takes no political economist to
answer these questions. If the United
States manufacturers can reap twice the
profit under a 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
Eupply of goods for increased profits,
making them more than whole, while
ihe laborer tramps the country in search |
of work just as he now does under the |
trust system.
"It is unfortunate that the humdrum |
of the tariff has been sounded in the |
ears of the PEOPLE until many of them |
really believe that foreign trade is un-
Important, if not curse. Why did the |
breaking Of the steel rail pool put SO |
many men to work? 1t was because the |
consequent lowered price for iron and
steel brought most liberal orders from |
abroad us well as at home. Suppose
the tariff had been prohibitive and |
we would have been confined to the
home market. Would the manufacturers
have made SO many goods? No, but they
would have doubled their profits ON
" hat they did make. The people could |
not have bought SO many because of the
1ICIGuhcu W uO hOulu udN6 sul-
fered? First, the workmen, because they
would have had fewer goods to make; |
the consumer, because he
could not have bought so many at a
higher price. Who would have been ben
ehted? The manufacturer, because he !
might have made and handled less
goods, made "a double profit, and really .
have gained, as he would have had few /
er to handle for the same profit.
"This bill will increase the manufac-
turer's profits Oh the individual arti-
eles, but will lessen the power of the
people to buy or use his wares.
''It is the poverty of the buyer, not
Ehe producer, that must be relieved be-
lore things will thrive.
1.-THE manufacturer has every facility
10 produce, but no facility to sell.
1T is the consumption that must
irst be stimulated, and that will stim-
alate production.
''phere are hUt a few crumha in fhia |