The gold leaf. [volume] (Henderson, N.C.) 1881-1911, 1904-10-20

the Money of the Industrial and Ag-
rlculturaI r1asses to Enrich the rlau-
ufacturers.
Republican stump speakers and Re-
publican manufacturers OF campaign
literature are defending Congress and
the President.
The Democratic party charges the
Republican legislators and Executive
with maintaining n tariff which bur
dens the people and takes the money
of the industrial and agricultural
masses to enrich the manufacturers.
The Republican party admits that
the tariff needs revision and asks
that it be permitted to correct it
during the next four years.
A few facts in the record are Of
interest.
BOrax is much used in this coun-
try.
The BoraX Consolidated is an Eng
lish corporation with SIG, 100000
capital. 1t is trust. 1t controls
twelve companies and the greatest
of these is the Pacific Coast BoraX
Company This American-English
controlled company, supplies as much
bOraX as all the other companies put
together 1t mines its borax in Cali
fOrnia and refiles it at Bayonne,
New Jersey. 1t exports much of it
to England. Refined borax mined,
refined and exported to England sells
there at 2h cents per pound; sold in
this country, it fetches * cents per
pound.
The present duty on borax is FIVE
cents per pound.
In 1897 the duty was cents per
pound and boraX was sold in this
country at 5 cents per pound. Con
gress, in 1897, raised the duty and
the corporation the price. Republi-
can protection of the English owned
American corporation enabled this
foreign trust to sell to the American
people borax mined and refined in
this country at 21a cents per pound.
Barbed wire fences, wire nails, tin
plate and other commodities so
necessary to the farmer, the mechanic,
the day laborer and llwage-earners,
although manufactured in this coun-
try, from raw material mined i'm this
country, are carried over the Allan
tic Ocean and sold for less money in
England than in q country store in
the Middle West or in the great Eas-
tern cities The Wisconsin farmer,
the Illinois mechanic and the New
York day laborer pays for his dinner
pail, his nails and his barbed wire
fence from 30 to 100 per cent. more
than they can be bought for in Eng
land
Steel rails made in Pennsylvania
are sold in England for $1,000 and
$21. 90 per ton, and in this country
for $500 This is due to the pro-
tective tariff.
An American railroad runs for Il
short distance on Canadian territory.
On the American side of the line it
pays $500 n ton for steel rails, on
the Canadian side it pays $21.OO a
ton. The rails are identical. They
come from the same mill.
The Western farmer who ships beef,
mutton and hogs, wheat, corn and
rye over railroads pays his share oil
the difference between rails at $1,000
a ton and rails at S2S.OO. The in,
terest on the bonds issued to meet
this item of $40 difference on every
ton of steel used in building road
and the appropriation annually made
to the sinking fund to redeem the
bonds must be earned; therefore
every shipper pays freight Oh his
shipment at rate reckOned to meet
these charges. Or, in other words
every farmer is laboring TO earn foI
the railroad company the ten dollars
per ton it was forced to pay the stee
mill by reason of the protection
that industry receives from Repub
lican Congress and Executive.
OF course it is the privilege of The
American farmer to share the profit.
of his industry with those whom b.
will and ii he desires 10 pay more
than a reasonable price for his barbeC
wire fence. his iron tools, his wire
nails, his tin pals and his transpor
tation charges he will east his ballot
for ''the friends OF the tariff who
protect privileged persons ut the OK
pensc Of the farmer