Ceredo advance. [volume] (Ceredo, W. Va.) 1885-1939, 1897-10-06
SHOPS AND SHIPS.
England Laments the Effect OF
Dingley Tariff.
American Tourists VIII spend Less
Money Abroad-Reduccd Demand
for british ships Checks
Their Export Trndc.

Since the Dinglcy tariff was signed
the English papers have been largely oc-
cupied in criticising that measure, of
course predicting disaster for the
United States and muttering forebod-
ings as 10 the deplorablc condition in
which the American wage-earner will
soon find himself since the opportunity
To earn any wages has been restored to
him. Extracts from some of these ar
ticIss are reproduced, and commented
upon, this week. A few of the English
papers bluntly acknowledge that our
protective tariff must injurc them. and
from among such opinions we quote the
following from the Sussex News of
July 2s:
Tradesmen in this country have had their
last hllip I'm American customers in the
autumn for some years to come. Next wear
there will be less money expended in buy
ing clothes and under garments and all
articles likely TO he assessed on thei. run
"alue on reaching an American port. In
other directions the new tariff is going to
10 large amount OF real mischief 1t will
check our exports. 1t will affect our
freights. II will reduce the number of ships
engaged in the Anglo-American carrying
trade.
1t is very true that British trades
men" must suffer under our tariff for
protection. Inyersely the American
''tradesmen" must gain. and il is quite
time that there should be a "fllip" in
our retail trade which has been sorely
taxed under the democratic free trade
tariff of 1894. We need not wait till
next year" for the expenditure of less
American money lin buying clothes
and undergarments" of British brand.
The expenditure of this money abroad
has already been checked, we are glad
TO say, and the fall trade in American
retail stores promises to gain proper
tionatcly. The purchase of European
clothes and under-garments" is very
largely fad, and those who choose -
indulge therein can very properly afford
to pay, as they should do. the American
tariff duties which will be assessed on
their full value"
but this is not the sole direction IL
which British "tradesmen" will suffer.
rs the Sussex News saws there are
other directions" II will check their
exports of purchases made by whole
sale as well as at retail. Ii will check
the output of their mills which make
goods for export 1t will curtaiI the
employment of their labor. thus lessen
ing the demand for the products OF
those mills which supply their home
demand. It will tend to a contraction
OF the earnings of British corporations
with a corresponding decrease in divi-
bends. These are some of the "other
directions in which English and other
European traders will suffer through
the establishment of the American
policy of protection.
But still there are others cit will
affect our freights.~ saws the Sussex
News. True. There will be less for
eign freight to carry to American
shores. and this will reduce the mum
Der OF ships engaged in the Anglo-Amcr-
icHn carrying trade" This will hurt
the marine insurance business of Brit
ISh companies. II will iniurc the bust
ness Of their shipyards. lessen the de
Inand for new ships. reduce the cost OF
repairs throw men out Of employmcnt
IN their shipyards. stiII further curtait
me consumption Of the products Of
i"'lI nome mills. Not only will there
ne less American money expended I'm
DuNinR clothes and heterogeneous"
from the British "tradcsmcn. " but there
VIII also be decidedly lees British
money available for circulation amoner
the British "iradcsmcn." Take il ali
I'm all, orr new tariff is going 10 do
large amount Of real mischief" not
only 900 England. but also ON continent
al Europe On the other hand. il will
40 large amount ~ real" good i'm the
United States.