The Ravalli Republican. [volume] (Stevensville, Mont.) 1894-1899, 1897-06-02
FOR CAREFUL pERUSION.
How tho New Tariff Bill Will Affect
Home Industry.

How sthc New Tariff Bill Will Affect
Home Industry.
That the Dinglcy bill when passed
by congress, will encourage Amcri-
can industries and bring a large
amount Of capital from foreign
countries to be invested in manufac-
turing in this country, is already ap-
parent.
The New York World, Il paper bit
terly opposed not only to the Dinglcy
bill but to protective policy, in it's
issue Of May made following state
ment:
1t is announced that Il large Ger
man manufacturing company has
| purchased a tract of 600 acres on the
line Of the Amboy division Of the
Pennsylvania road near Spottswood,
N. j., ten miles from New Bruns
wick. On this spot will be founded
a town. The company is to erect
manufactures which will employ
1000 hands. The name of the firm
is withheld by it's representatives
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 with
in two or three weeks.
Undoubtedly there are many man
ufacturcrs in Europe who have been
sending large amounts of manufac-
tured products to this country for
sale, and by having cheaper labor
and cheaper machinery than we lave
they are able to make their goods,
send them here and sell them ut 4
living profit at such prices as the
American manufacturer cannot pro-
duce them at. A addition Of Is or
20 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. .+ ...=. 5@.. .@. .~
But what will such proceeding do
for the American people, This one
factory referred to, if built: will give
employment to 1000 hands, who will
on an average, earn about s. a day
each, making $4,000 day distrib~
uted in one little New Jersey city
started for that purpose. Suppose
800 such factories we're thus to open
in New Jersey and in Now York that
would employ about 200, 900 hands,
WHO would earn Si: 200 .00G Gny dls-
tributcd among the lnboring classes
Would not that furnish them with
money enough to buy whatever they
necd2 If 300 such factories were
started they would be worth more to
the American people than all the inn
ported articles that are sent to this
country from abroad. Allowing 300
working days in the year and the
employed in those factories would re-
ceiye about $500, ,O00, 900 annually.
Those 300 factories might increase
the manufactured products of this,
country to such an extent that those
products would be sold to consumers
at less cost than if we had low tar
if or free trade. When the foreign
manufacturer can make products and
sell them in this country at a less
price than the American manufacture
or they will close up our factories and
then raise the prices Of those pro-
ducts, thus compelling our consum-
crs to pay more for what they buy
/ than they would if we had a protcc-
tive tariff.
The statement of Peter Cooper
that "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, is
; worthy Of the earnest consideration
Of every free trader. - American
Economist