The Jersey City news., 1906-05-19
SATURDAY, MAY 10. 1906.

Those Republican Congressman who
are so anxious for proof of theSteel Trust
selling cheaper abroad than here should
read their own party papers more thor
ougalN The government statistics show.
thar 35.eoo tons of steel biilets were ex-
ported last month and the market expert
of the New York Press" says: ..The
major portion of these billets. however,
are shipped back here in manufactured
rorm. They are sold here for export at
price around $1s at the mills, while
the existing quotation for billets for do
mestie consumption is s27.'
But this writer. who certainly should
be good enough authority for the most
etandpat Republican. further says; 'Ful-
ly 20O0o tons of last months billet ship,
ments We're consigned to Welsh mills.
where they are to be rolled into plates.
then dipped in tin and reshipped here for
the purpose of making cans. The larg
est importer of these tin plates is the
Standard Oil Company, which uses about
100000 tons annually. The Beef Trust
Is also very heavy buyer Of tin pates
made from the steel billets shipped from
this country to Wales. Although prac
tically all the raw material used in the
making of these tin plates is of Alneri
can origin. the tariff holds them to be
subject to a duty of = cents per pound
as the process of making them into tin
plate enhances the value. The Standard
Oil Company uses these tin pdates for
the export, of case oil. with the result
that a drawback is given to it by the
Government Of the full import duty less
1 per cent Tie 'Helshmen buy this
American steel because it IS rold for less
than British made steel and according to
the above Republican authority for abous
one third less than the Trust charges our
own people
We have the evidence of W. G. Raoul.
who at thcsme he gave it. Feb. %. 1904.
was President Of the National Railroad
Company Of Mexico, quoted by Senator
Bacon. of Georgia. in his speech on tariff
abuses. which can be found in the Con
gressiona! Record for ApdiI %, 1904. in
which Mr.. Raoul sai1: In 1902 [ Sc
cured BIDS on steel rails for Mexico from
United States mills at about S24 deliv
erred at Tampieo While the price / paid
at the same time for rail for our road
in Texas was about SIS at the mills
So the Steel Trust was offering to pay
the land and water freight from the mills
at Pitttsiburg TO Tampico, Mexico, which
could not have been less than SO ton
and dedllcting that amount from the
price quoted Of $24 delivered at Tampico
would bring the price at the mills to
SIS ton or $40 a ton less than the
price Of the steel rails for use in this
country.
During last April there were no less
TIM 23.141 tons of steel rails sold blythe
Steel Trust for export. so there is no
doubt that the same underselling to for
eigners still continues. Many other
Trusts are doing the same thing, for we
hear of farmers in Canada and in other
countries buying American agricultural
machinery, fence wire and other Amer
ican products for much less than our
own farmers are buying similar protected
corporations ls is very diahcult to get
the price at which these products of the
Trusts are sold for export for there is
great secrecy maintained Of these trans.
xcsions will have to admit that the Dem
3csats have furnished enough proof to
sssaslct Tie trusts os s.lliAS easspsr