The La Jara chronicle. (La Jara, Conejos County, Colo.) 1896-19??, 1904-10-28
TIE DUMPING" POLICY.
II Prevents Depression and keeps
Our workingmsn Employed.


quently try TO make political capital by
claiming that the protective tariff is re-
sponsible for the fact that our exporters
in some cases sell their merchandise at
less than prices charged in the home
market.
1t is the very root of success in all
commercial ventures to hold what you
have and gain what you can. and tins
is the same in all highly advanced com
mercial nations, including England, where
free trade prevails. Whenever a n~nu-
facturer has produced more goods han
he can dispose of in the home market,
without disustrously affecting prices, it
| is always good business policy for him to
try to get rid Of his surplus abroad rath-
| er than to reduce his output and incl
| dentally the number of men he employs
and the wages he pays them. rms
| dumping" policy, as the Democrats call
it, has again and again served TO pre-
vent depression in our home markets and
| has saved millions of dollars in wages
To American workingmen. 1t is infinite
| ly better that the foreigner should occa-
| sionally get goods cheaper than they
can be bought at home rather than not
| have such surplus sold at all. and Aneri-
| can mills be forced into idleness and
| American workingmen into serious loss
in wages.
How British manufacturers pursue
this dumping policy just the same as
| American manufacturers will do VIXEN
the necessity arises, is shown in recent
consular reports. (See circular No. 206i,
Department of Commerce and LaborD
Samuel NJ. Taylor. U. S. Consul at Glas-
gov, Scotland. says:
Manufactured steel for export Is sold for
8 to 10 per cent less than for domestic use
| and even at greater reduction. In other
words. the cost OF transportation to foreign
| countries where competition is brisk Is
| largely assumed by the British exporter or
manufacturer by means Of this reduction
| Even England is treated as foreign by the
| Scotch manufacturer and gets reductions
| accordingly. The Scotch manufacturer
| on his exports to foreign countries that he
| obtains Mt home. In Scotland combna-
tion of prices exists which fixes the prices
| of steel plate for the whole of Scotland, and
gives the members of the combination
| power to sell in other districts than Scot
land, at whatever prices they choose.
| may mention in this connection that an
| American sewing machine company, which,
in addition to having large works in the
| United States. has works in Scotland sufii-
| Client TO supply the European trade makes
British consumers pay more for machines
| lean consumers pay for those manufactured
In the United States.
Rufus Fleming, u S. Consul at Edn-
burgh, Scotland, says:
1t is the policy of British manufacturers
to maintain prices In the home market at
the highest possible level and to make what
ever concessions may be necessary in for
eign markets, At all times. even when
general trade conditions at home and abroad
| are excellent, II is the rule, In British In
| dustry. to quote lower prices to foreign buy
ers than TO the average domestic trader.
The difference In favor of the foreigner or
| exporter rungcs from 4 to q per cent.
| have seen invoices Of a British firm OF steel
| wire manufactures TO German buyers in
| which the prices were fully 2Oia per cent
lower than the prices quoted to home GUS
| toners This reduction was not due to an
| extraordinary surplus, but principally to n
determination to put certain line OF goods
| into competitive markets. In most trades
the one fixed purpose is not to reduce
! prices to British customers until forced to
| do So
A prominent brewer, an ex-member of
| Parliament, said:
| / have been dumping ale and beer for
eign markets all my life, whenever ] have
surplus Pr"cteay he; every God ma1Tfae
for the best price they will bring, when
his stock is too heavy to he unloaded at
home in reasonable time, without break
ing the market.
James Boyle, U. S. Consul at Liver
pool, England says:
The most interesting instance of dumping
| In this Consular district of which have
knowledge; was that Of Brunner; Mcnd &
Cheshire. The products involved were soda
ash and bicarbonate of soda. 1t was dis
|
ucts on the American market at n rate
which not only undercut the American
product. but was less than the price in Eng
fish markets. This went oh for some time
until the firm effected an arrangement with
parties. both American and foreign, Inter
ested In the sale OF chemicals in the United
States. and then. as am Informed, became
part owners In chemical factories In SYRIA
cuse. n. V. and in Michigan, believe 1t
Is true. even now. that occasionally certain
chemicals. and particularly bicarbonate of
soda, produced In this neighborhood, are
sold cheaper In the United States than In
this market. am Informed that certain
other manufacturers, like the well .known
firm of Nettlefolds Limited of Birming-
ham, which makes iron and brass and
wooden screws, often sell abroad cheaper
than at home.
II. Clay Evans, Consul General at
London. England says: Il find that man
ufacturers here endeavor to maintain
home markets, but when they can find
a foreign market, they will bid for it,
get it if they can without too great a
loss, and thus increase the demand for
their output and reduce the cost OF pro-
duction without demoralizing home
I VI