The diamond drill. (Crystal Falls, Iron County, Mich.) 1887-1996, 1897-06-26
FOREIGN FACTORIES.
Dingley Bill Results in Movement
TO the United States.
Exclusion of Foreign Goods Works
Favornbiy Work Can BE Done
by American Lnbor-Incrensed
Circulation of Wages.

That the Dingley bill, when passed by
congress, will encourage American IN
dustries and bring large amount OF
capital from foreign countries TO be
invested in manufacturing in this coun-
try is already apparent.
The New York World, paper bitter
ly opposed not only to the Dingley bill
but to protective policy, made the fol-
lowing statement:
IL Is announced that large German
manufacturing company has purchased a
tract of 600 acres on the line of the Amboy
division OF the Pennsylvania railroad, near
Spotswood N. j., ten miles from New
Rrunswick on this tract will be founded
n town The company is TO erect manu-
factories which will employ about 4.OOO
hands The name OF the firm Il withheld
by it's representatives, who state that the
plant Is TO be erected In this country 10 es-
cane the tariff duties, which would make
their foreign goods unstable I'm this coun-
try Work will be started within two or
three weeks.
Undoubtedly there are many manu-
facturers in Europe who have been
sending large amounts of manufac-
tured products to this country for sale,
and by having cheaper labor and cheap
err machinery than we have they are
able to make their goods, send them
here and sell them at n living profit at
such prices as the American manufac-
turers cannot produce them at. An adj
| dition of IS or 20 per cent. TO the tarin
duties would destroy their profit, and
hence IL 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 tarin on
goods made abroad.
But what will such proceedings do for
the American people? This one factory
referred TO, if built, will give employ
ment to 1000 hands, who will, on an av-
eraPe. 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 to open in New Jersey and
New York that would employ about
1 200, 900 hands, who would earn $1,000,
600 a day, 10 be distributed among the
laboring classes. Would not that fur
nish them with money TO buy whatever
they need? II 800 such factories were
started they would be worth more e
the American people than all the i'm
ported articles that are sent to thi'
country from abroad. Allowing 3O'
working days year, and the hands en-
ployed In these factories would receive
about $500 ,0O0, 900 annually. Those SO
factories might increase the manufac
tured products OF this country 10 sucl
an extent that those products woul'
be sold TO consumers at less cost thar
II we had low tariff or free trade
When the foreign manufactures cal
make products and sell them In thi
, country at less price than the Amer
, can manufacturer they will close up on
, factories and then raise the prices
! those products. thus compelling on
consumers to pay more for what the
buy than they would IL we had pre-
tectlve tariff.
4 The statement of Peter Cooper tina
D "we can buy nothing cheap OF foreig
. countries that must be bought ut the e'
n pense of keeping our own good ra'
Z material unused and our own laborer
: unemployed" Is worthy OF the earnei
p consideration OF every free trader.