The Delta independent., 1904-10-28
TIE DUMPING" POLICY.
II Prevents Depression and keeps
Our workIn z men Em pIoyed.

w
Democratic writer's and speakers fire.
quently try to make political capital by
claiming rhat til. prntective tariff is re-
sponsible for the fact that our exporters
in some cases sell their m-rcha ndise at
less than prices charged in the home
market.
II Is the very root OF success IN all
commercial ventures u hold what you
have and gain what ypu can. and this
is the same in all highly advanced com
mercial nations inrlutiing England, where
free trade prevails. Whenever a R>nu-
fnctnrer has produced more gopls nan
he can dispose nf in the home market.
without disastrpu~ly affecting prices. it
is always gori business policy for him ~
try to get rid Of his surplus abroad rath-
er than to relu,'e his output and Incl
dentally the numirr OF men h" crup"yS
and the wages he pays them. This
dumping policy. tn. p"n"crits call
il. has again and again served I" pre-
vent depression in our home markets and
has saved millions "f dollars ~ Wages
to American w"rkinrW"n. II i. Infinite
ly better thar the foreigner -hpn,d o'r.l-
si"nally 20; cp,,l- cheaper than they
can be bought ~ home. rather than not
have such surplus ~nH nj all. and .A:neri-
an miilS l- f"r"-'l into idsn">s AMI
American workin-uen into serious loss
in wages.
How British manufacturers pursue
this dumping policy just the sam. ns
American manufacturers will Io when
the Necessity arises. is shown in T-cent
consular reports. iS..e circular No. .si1.
Department Of Commerce and Labor,
Samuel NJ. Tu! lnr. L. :. C',n>ul at Glas-
gov. SCOTLAND. says
Manufactured steel for export is sold for
10 ~ per cent l..>- than for domestic use.
and even at a greater reduction. In other
words the cost OF transportation to foreign
T"uHfr1rs whs.r- rDIuJsat IfiTu il brisk -
| largely assumed by the British exporter or
manufacture by means ~ this reiurfi"n-
Scotch manufacturer and gets reductions
accordingly. Tn" Scotch manufacturer
neither expects nor receives the ~ me prndt
on his exports to foreign countries that he
tion Of prices exists which tN-s the prices
| Of steel plate for the who'll "f Scotland and
gives the members "f III. c"tniiusrl"n
power to sell In o-h-r disrrir than Scot
| land. al whatever pri"..- they choose.
NAV mention In this connection that an
American sewing marhin" company. which.
| In addition TO hnvin: large works in the
| United States. ha. works In Scotland sum
cient to supply the European trade. makes
| manufactured in Gr-at Britain than Amer.
| i"nn consumers pay for those manufactured
iu tn. United States
l;ufus Fl-ming l. : Consul at Edin-
| bur gh Scotland. says:
| II Is tho policy Of British manufacturers
TO maintain prices in tho HON. market at
the highest p"-~ih!" i..v'! and t" make what
| ever r"nr-<.i"us nAr Lee n"'"-~ary in for
| eiEn markets Al all times. even when
| general trade conditions st home and abroad
are excellent. II l. III. rule. in British in-
| dustry. 10 quote lower prizes :" fnr'ign hur-
rrs than :" the av"rns" d"mesfi" trader
| The din.rrnre In favor "f III" foreigner or
| exporter rHuc"s from 10 " T"r cent
| have seen invoices "f Eri'i-h hrln Of steel
| wire manufactures TO German hnr"r In
which the prices were fully M. per cent
| lower than the prir.-> quoted I" HON" Gus
| TONERS Thi. rriu~ri"u was not iu. to an
| extraordinary surplus hut principally I" a
| determination ." put certain lin" ri c''I-i<
| into competitive markets la h"-t trades
| the one r1~d purI--e is not I" 1riu""
] prices TO British customers until forced 10
| do SO.
Parliament. said:
| have been dumping ale and h~cr on for
| eign markets all my life. whenever have
had a surplus FTs"Ii"aily every rnanufa".
turer in this country sells his c".-l> abroad
| for the host prirr they will bring. when
| his STICK Is TOO h-avy tn l.. unI.aded at
home in a reasonable tImc. without break
| Ing the market.
| James Boyle. L. :. Consul at Liver
pool England. says:
The most Interesting Instance nf dumping
in this Consular district II vhiCh I have
! knowledge. wss that Of Rrunusr. M"Dd 4
/ Co. chemical manufacturers of Ncrthwich.
| Cheshire. The pn-inris involved w-r- ~-ia
| ash and bica rhonat- Of sasis. II was dis
| tinct policy of this nrm to sell their prcsl-
ucts on the American market at rate
| which mt only und..rrut the Amertssn
| product. but was less than the price in Eng
| lish markets This went for some time
| until the hrrn cnert-d an arrangement with
! parties both American and furrigu. Inter
| est ed In tn. sale Of chemicals in the tnitri
| Siaies. and then. as ! am Informed. b-s-a me
| psrt ownrr> In chemical Factories in Syrs
| ,u.e y Y. apa In Michigan | believe il
| Is true. even now. thst 's'ra >i"nHiiF certain
| chemicals. snd particularly h"arl'onate "f
| soda pro-iuc,-i in this n-ichh'rhUsst. are
| sid cheaper In til" IHttti Siatr> than IN
| this market | Sm informed rhar ,'~rfsin n
| other manufacturers. iik- the vrllkn"w II
| rrru Of N-trI-foI.l> ,l-imit,-h of RiruIHs-
| ham which mak.> ir'u and hras> and
| wooden srrrus. often >"ll ahr"ad cheaper
| than at home.
II. Clay Evans. Consul General at
| London England says: Il nnd that man-
| ufacturer> here endeav"r to maintain
| home markets. bat when thes can mud
a foreign market. they will bid for it.
get it il they can without to- great Il
! loss, and thd< increase the '"ma .Il t"-
their output and reduce the ir,>f ~ pr
dnctlon without drIn"raliEuc iinma
| prices.