Ceredo advance. [volume] (Ceredo, W. Va.) 1885-1939, 1897-06-30
FOREIGN FACTORIES.
Dingley Bill Results in Movement
TO the United States.
Exclusion OF Foreign Goods Works
fRNornbIy Work Cnn lie Done
by American LRbor-Incrcascd
Circulation of Wages.

That the Dingley bill, when passed by
congress, will encourage American in
dustries aud bring "A large amount of
capitai from foreign countries TO Toe
invested i'm manufacturing i'm this coun-
try is already apparent.
The New York World, paper bitter
~ opposed not only To the Dinglcy bill
but to protective policy. made the fol
lowing statement:
II is announced that "a large German
manufacturing company has purchased a
tract OF GOO acres ON the line OF the Amhoy
division Of the Pennsylvania railroad. near
Spotswood. y. J., ten miles from New
Brunswick ON this tract will ho founded
"a town. The company Is TO erect manu-
factories which viii employ about 1000
hands. The name OF the firm is withheld
10y its representative. who state that the
plant is TO be erected i'm this country TO ,s-
cape the tarin duties which would make
their foreign goods unstable In this couu-
try Work viii Ice started within two or
three weeks
Undoubtedly there are many manu-
facturers in Europe who have been
sending large amounts of manufac-
turcd products to this country for sale.
and 10y having cheaper labor and cheap
Cr machinery than we have they are
able TO make their goods. send them
here and sell them al living profit at
such prices as the American manufac-
turcrs cannot produce them at. An adj
dition of - or 20 per cent. to the tariff
duties would destroy their profit. and
hence ii will be cheaper for them to
come over here, build factories and
make their goods than it would bc to
have To pay our protective tariff on
goods made abroad.
But what will such proceedings do for
the American people? This one factory
referred to, if built, will give employ
meut 10 1000 hands. who will. ON an ay-
eTagc, earn about one dollar day each.
making $4,000 a day distributed in one
little New Jersey city started for that
purpose. Suppose 300 such factories
were thus 10 open i'm New Jersey and
New York tina; would employ about
] .2OO,O hands. who would earn 81 200
900 a day, to be distributed among the
laboring classes. Would not that fur
nish them with money 10 buy whatever
they need? II 300 such factories were
started they would be worth more 10
TIA" American people than all the i'm
/ ported articles that are sent TO this
/ country from abroad. Allowing 800
working days year. and the hands en-
| ployed in these factories would receive
/ about S36o.OOODDO annually. Those 800
/ factories might increase the mauuf1c-
| tured products Of this country TO such
| an extent that those products would
/ he sold 10 consumers at less cost than
If we had a low tariff or free trade
/ When the foreign manufacturer can
make products and sell them i'm this
country at less price than the Ameri-
can manufacturer they viii close up our
factories and then raise The prices Of
those products thus compelling our
consumers 10 pay more for what they
buy than they would If We had q pro
tcctivc tarif
The statement Of Peter Cooper that
1--WE can buy nothing cheap Of foreign
countries that must be bought at the cv-
pcnsr Of keeping our own good raw
material unused and our own Iaborcrs
unemployed" is worthy Of the earnest
consideration of every free trader.