The times., 1897-06-25
EISEMAN BROS.
Corner 9TH and e Sts. N. w.
No Branch Store In Washington.

Of existence every independent dealer and
every American borax miner, by reason of
superior conditions and its peculiar busi-
ness methods. 1t ships the crude article
TO Europe in large aud constantly increas-
ing quantities, and sells it there in COM
petition with the Turkish borates.
The amendment proposed by the Senate
Committee as the result of the deal with
Mr.. Jones OF Nevada and California, and
agreedt to IN the Senate, increasing the duty
on borates to four cents pound is
equivalent to an ad valorem rate Of 1875
per cent.
To protect such monopoly to this ca
tent seems monStrous. There aIe held by
protectiOuists to be two conditions only
which forbid protective duties-first, a
monopoly in the United states, and, sec
oad, the impossibility of production at
home For this first reason the rate Of
duty on boTate of Line should be muvh
less than the Iate fixed by the Senate, a
rate of / cent pound being equivalent
to 1Oo per cent on the present domestic
value OF the article lad down in New
York from the Pacific coast.
The one and the only company benefited
by this enormous duty has increased its
product from 5000, 900 pounds in 1894 TO
Is, ,ooo, 600 ia 1895. The domestic con-
sumption reached 20,000,000 pounds in
1886, 80 that this one company possesses
s per cent of the market ana dominates
the price. The export OF the crude article
to Liverpool by this one company has
increased from 597 200 pounds in 1893 to
over 5000 900 pounds in 1896. The price
OF refined boraX in the United States is
absolutely c.uted by this one company,
and all domestic miners of crude boraX in
any form have been driven to the wall
This company VIII not sell, under usual
buan=ss conditions. any of its crude article
in this country, claiming that it, owning
the mines. should also have the exclusive
control of the refining OF burax
The authorities OF the United states
have officially stamped this concern, which
has in this unprecedented manner been
given a stin more powerful clutch upon
the throats of all Industries using its
products, as a trust, pure and simple.
Under the head CT ''Porax" in volume V
of the Mineral Industries OF the United
States" compiled by Richard p. Roth
child, appears the statement that tine
greater part OF the product now comes from
tne mines IN SOHtherD tGUIOlGla, the Ne
vaGa mines being worked only To lin
tied extent. The business is still in the
hands of a single producer, the Pacific
Cast Borax Company, which in 1896 con-
solidated with the Red wood Chemical
Work S, Of Great Britain The statement
then ends with this very significant re-
mark: This consolidated company prac-
ticaIly controls the borax output of the
world"
When tie tariff bin gets out of committee
Of the W hole and hack into the Senate, this
para graph is to be re-opened. It's believed
there W il, then be sufficient votes to prevent
compelling the American people to pay
this tribute 10 this foreign corporation.
The debate has caused d loosenIng of
party lines, and the chances appear to be
favorable FOR the brea King of the unholy
compact that forced this enormous duty of
more than 400 per cent upon more than
fifty industries and which viii increase
the cost Of manufacture, and as a result ant
therefore, The cost TO the consumer of in
Vulnerable drticlesof daily use and household
nece ssity.
No paragraph in this bill is more proTni-
merit with plunder than the three lines
fixing the duty on borax in its differ mt
forms.