The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1905-10-07
SECRETARY SHAW
ON PROTECTION
His Arguments Last Night to a
Large Audience IN
Norfolk.
GET CHEAPER GOODS ABROAD
.----- --------------
Exceedingly Small Quantity, as
Compared With Those
Disposed OF Here.
Get CHEAPER GOODS ABROAD
tspe clnl 10 Tho Times -plspntch.l

(specal to The Times- Dlspntch.)
NORFOLK, VA, October 6.-secretary
OF the Treasury Shaw arrived hero to-
day and spoke TO q large audience at the
Academy Of Music tonight. lie made o
pleasing speech, which was we'll received
even by tho large number OF Democrats
In the audience. There was a notable
absence OF negroes In the audience, which
Is one OF the indications that tho Republl-
cans are trying to obtain white party
I'll Virginia
Secretary Shaw devoted himself TO tho
task OF persuadIng tho audience that
protection is prosperity, and that the Re-
publican party is for both.
He will be entertained here tomorrow
In visits to the navy yard, the war YES
sells, the magazine, the training ships, and
In visiting the great Industries about the
vicinity IN Il steam yacht md will leave
for Washington at night. Mr.. Shaw said
In part:
The Democratic party makes great and
persistent complaint because some Amer
lean manufactures are sold abroad cheap
or than at home. No one has been able
10 determine TO what extent this practice
prevails. A few years ago a non-partisnn
committee OF Congress undertook to in
vestigate the subject They sent out
many Inquiries and gathered much data.
From this data various estimates have
been made Senator GaJlinger In a
speech delivered In the United States
Senate. announced an estimate that our
manufacturers annually Sell 100000
worth of merchandise at lower prices
abroad than In the home market
No ono dared deny the correctness OF
this estimate on the floor OF the Senate
though on the stump the practice Is mag
nihed and given as q reason why the pro-
lection principle should be abandoned
It has been declared again and again BY
the opposition. and some Republicans
have Joined In the outcry, that the tariff
should be removed from all trust-made
goods until the trusts are destroyed.
The reason assigned IS that these great
corporations, having n1onopoized the do
mcstic Industry. sell at home at exorbl-
tant figures and abroad even at profit.
Small Percentage.
Our factories turn out $4,000. 900 900
worth OF merchandise per annum. AS
Stunning that the data gathered by the
non partisan commission Is correct and
that Senator Galnger's unrefuted esti-
mate is correct. then, out of every one
thousand dollars worth of goods pro-
duced by our factories as the result OF
labor costing fully five hundred dollars
thirty cents worth Is sold abroad cheaper
than at home l do not believe the arti-
sans whose labor produced the goods
will register G protest or ask that the
concerns which furnish them employment
shall be destroyed for the purpose OF
stopping the evil, II. indeed. 1t be an
evil.
Suppose our people do sell a few goods
cheaper abroad than at home. In this
they are but following tho example Of all
Europe. There Is scarcely an article pro-
duced anywhere In Europe that cannot
be purchased for export to the United
States from ten to twenty per cent,
lower than for domestic consumption.
This Is conceded on all hands. have
In my possession two catalogues issued
by the same factoryin France. one bear
ing the inscription Domestic and the
other Export" The articles are the
Same in each but the export price Is
from ten to twenty per cent. lower than
the domestic price.
Invoices Advanced:
During the fiscal year 1905 over 5000
invoices were voluntarily advanced by
importers. Importers are required to file
their original invoices, showing exactly
what they pay for goods. and, to avoid
penalty for under-valuation, they are per-
mitted to add to the invoice price an
amount sufficient to mako the regular
foreign market value. The aggregate
value OF the goods thus adyanced was
over s3O,o00.o 900: the aggregate advance
yolun tarily made exceeded $4,000 900, and
the additional duty was Approximately
81, 900. 900.
Less than per cent. OF our exported
were sold below the Ameri-
can price, while 10 per cent. of our I'M
ported manufactures were bought below
tho regular foreign price. The practice
appears to be ten times as common IN
other countries MS in the United states.