Little Falls weekly transcript. (Little Falls, Morrison Co., Minn.) 1894-19??, 1897-07-23
PROOF POSITIVE.
Democratic Statement Shows Benellts Of
Protection.

Democratic Statement Shows BensAts Of
T.. Protection.
That the DiGkley bill, when passed
by congress, will encourage American
industries and bring q large amount Of
capital from foreign countries to be- in
vested in manufacturing in this ooun-
try is already apparent
The New York World, paper bitter
~ opposed, not only to the Dingley bill,
but to protective policy, recently made
the following statement:
1T is announced that q large German
manufacturing company has purchased
q tract Of 600 acres on the line Of the
Amboy division Of the Pennsylvania
railroad, near Spotswood, N. j.. ten
miles from New Brunswick. On this
tract will be founded town. The CON-
pany is to erect manufactures which
will employ about 1000 banda The
name of the firm is withheld by its rep.
resentatives, who state that the plant is
to be erected in this country to escape
the tariff duties, which would make
their foreign goods unstable in this
country. Work will BE- started within
two or three weeks. :" 5
Undoubtedly there are many manu-
facturers in Europe who have been send
ing large amounts Of manufactured
products to this country for sale. and
by having cheaper labor and cheaper
machinery than we have they have been
able to make their goods, send them here
and sell them at a living profit at such
prices az the American manu- aoturers
cannot produce them at. An tadditfGqf
is or 30 per cent to the tariff duties
would destroy their profit, and hence it
will be cheaper for them to come over
here, build factories and make their
goods than it would be to have to pay
our protective tariff on goods made
abroad. 4 l. .4tc& ~, s @t5@
But what will such proceedings do
for the American people? This one fac
tory referred to. If built, will give en-
ployment to 1000 hands, who will. on
an average, earn about 81 a day each,
making 1000 day distributed in one
little New Jersey city started for that
purpose. Suppose 800 such factories
were thus to open in New Jersey and in
New York. That would employ about
l ,2OO, 900 hands, who would earn ST.
200, 900 day, to be distributed among
the laboring classes Would not that
furnish them with money to buy what
ever they need? If 800 such factories
were started, they would be worth more
to the American people than all the im-
ported articles that are sent to this
country from abroad. Allowing 800
working days year, and the hands en-
ployed in those factories would receive
about $3.50, 900, 600 annually. Those
300 factories might increase the manu-,
featured products Of this country to
such an extent that those products
would be sold to consumers at less cost
than If we had low tariff or free
trade. When the foreign manufacturer
can make products and sell them in
this country at q less price than the
American manufacturer, they will
close up our factories and then raise
the prices Of those products, thus COM
polling our consumers to pay more for
what they buy than they would if we
had protective tariff. ss5
The statement Of Peter Cooper that
1--WE can buy nothing cheap of foreign
countries that must be bought at the
expense Of keeping our own good raw
material unused and our own laborers
unemployed u worthy Of the earnest
confederation Of every free trader, The
Evening Post, The World, the New,
York Times, the New York Herald and
ali other Augwump low tariff and free
trade papers throughout the country.