Bisbee daily review., 1904-09-28


 is able to compete with the so-called pauper labor of foreign countries and which makes enough profit on it's domestic prices to enable it to pay dividends upon millions of dollars Of wa7ered capital During the first thirty-three months of it's existence ihc Steel Trust made net profits ot $327 900 900. an average of $119.000, 900 a year, or $1O,0O0,00O a month. $300.O .O0O cay and s30.00O and hour for a day of ten hours.
 When the voters of America-the farmers mechanics, clerks and pro fessional n.en-Iealize the extent of difference between export and home prices, they will speedily withdraw protection from such infant indus tries as the Steel and other giant trusts of this country"
 Attention is called to the fact that to obtain foreign trade the trust must advertise it's export articles in jour nals with a strictly foreign circula- ton. It is pointed out that the trusts use every means to prevent the circu- lation of these journals among Am erican buyers This year the Demo cratic National Committee in addition to securing many copies of these journals, has employed an expert fam iliar with all the ins anG outs of the export business, who has visited the selling offices of exporting manufac- turers, and secured from them in their own hand writing much Of the data used in the text book.
 There are long lists of firm names, articles exported and the prices at home and abroad.
 What Secretary Shaw has said on the subject of cheaper selling abroad is shattered by the reply of the Demo cratic text book. The Secretary is quoted as follows by the Republican Campaign Book:
 Our opponents lay much stress up- on the fact that some American man ufactu-ers are sold abroad cheaper than at home Our friends sometimes deny this and they sometimes apolo- gize for it and a few in times past have joined our opponents in recon mending a removal of the tariff from all such articles. It is useless to deny, and. in my judgment, unwise>to apolo- gize. and a little short of foolishnes to attempt to remedy the assumed evil in the manner proposed by the oppo- sition
 Senator Gall.nger. of New Hamp- shire, in his speech made in the United States Senate on April 23 last, placed the value of exports sold at a lower price abroad than at home at s4.OO0 900. cannot find that the substantial correctness of this es- innate made was ever questioned by the opposition"
 When this statement was first pub lished the Democratic leaders here were astonished at it. They freely pronounced it an absurdity for Secre- tarv Shaw to make such a statement In reply to it the text book says:
 50 far from the correctness of this statement not having been ques- tioned. it's falsity has been absolute ly proved. as was conclusively shown in the Democratic campaign book of 1902. It is not only false, but is based upon so many misstatements or facts that it's repeated use after full exposure would seem to evidence an intention on the part of the Republi- cans to dece.ve voters if possible. The total wholesale value of man ufactured goods sold at home is not less than s6,OO0, ,0OOO 900. The value of these same goods for export is only about S4.S0O ,O00, 900, and the differ | ence between these two amounts in round numbers, $1, ,200,O00,000, affords [ an approximate measure on the stag gering price which the American peo- ple pay for so-called protection. ! Secretary Shaw's statement that i the manufactured goods sold abroad cheaper than at home amount to only 1 s4,OOO .O0O, he says. was gotten from ! the report of a 'non-partisan commis- sion appointed by Congress- As a matter of fact, no such statistics appear in any of the commission's s nineteen volumes. Neither are there any statements from which the Sore tary could reasonably draw. such conclusion"
 ! A great many striking examples of cheaper selling abroad are given throughout.
 ! The subject has been more or lees vague to the average voter of the country for a long time and it appar' ently has been the intention of the | Democrats, who arranged the cam I paign book, to place the matter clear Iy and squarely before the people. ] As A result their text book leaves no uncertainty as to the fact, nor as to the colossal extent of the practice.