The semi-weekly messenger. [volume] (Wilmington, N.C.) 1897-1908, 1906-09-14

~ ~, oCpUtluDSf III -
Secretary of the Treasury Shaw spoke
to an immense gathering of republi-
cans at Winston+Salem today and
again az Salisbury tonight. At Win
stOn-Satem ne arraigned the democrat
lc party, declaring that it had no plat
form and stood for Nothing. He will
speak tomorrow at Statesville and
Wednesday at AshevilIs
Secretar% Shaw arrived in Salisbury
at 9 o'clock tonight and when he was
introduced to the 1,5OO people who had
gathered to hear him he was warmly
cheered. Representative Blackburn in
troduced the secretary. The audience
included many leading democrats,
united States Senator Overman and
former Representative Henderson #
North carolina, were among them.
There were misrepresentation republi-
cans from a dozen western North Caro-
lima counties in the audience. The sec
rotary declared his belief in he pcliti-
cal campaigns as educators of the
people and then discussed the tariff
at length.
At the conclusion of his address See
rotary Shaw held an informal recep
ton in the county court house.. where
ne spoke and several enthusiastic ones
among those present addressed him as
"Nr. President"
He is the guest of the county reps1b-
hcan committee. Tomorrow nurnins
he will leave for Statesville, n. c.,
where he will speak at noon.
Secretary Shaw, speaking at Sails
bury, n. c., on Monday evenings Sep
tember 10. 1906. said in part:
Oar political opponents lay much
stress on the fact that some American
manufactures are sold abroad cheIDcr
than at home. That the practicspre-
walls to some extent all must admit
but that it does nOt prevail geI9arany
or to any considerable extent is easily
established. A n~Or4partisan Industrial
commission was appointed by congress
IN 1888, which, after spending more
than three years III the investigation
filed its report in 1902, which wIS pub
lished in Is large volumes. This report
contains all available evidence on, this
subject. After making careful compl-
atoms from the data therein COZ ainpd,
Senator Gallinger, OF New Hampshire.
stated on the floor Of the United States
senate, in April, 1904. that approx
mately 81, 900, 900 worth of American
manufactured products are annually
sold abroad cheaper than in our own
domestic market. No one has ever a.
tempted to disprO Ex-senator Ga1inger's
conclusions, though our political or
ponenrS continue 10 speak OF the prae-
tlce as well-nigh universal. This S4.-
600, 900 worth caTabe far more han ac-
counted for by tiB advantage given
to exporters undar oar drawback laws.
and It is quite likely the estimate IS
too low.
1t has been the policy of cue rppuh-
Iican party fO~maRy years to allow
manufacturers who export tneiF pro-
duct the advantage of the cheapest pos
sIble raw material The Dinsfey tariff
law provides Cwo ways by whSsfr ex-
porters may avail themselves of this
a advantageous privilege. First; rhe law
authorizes the manufacture of mer-
chandse for expert in bonded factories
and permits 10 be transferred thereto
o only imported ores, iron. and steel
bIlkets and 0theE material free of duly,
but alSO Spirits and tOhacco free of
internal revenue tax During the last
fiscal year approximately $40, eO0, 900
worth of Imported ores for smelling,
material for manufacture. N distilled
spirits and tobacco We're thus used and
the entire product exported and no
duty Or internal revenue paid thereon.
Had this material been entered for con-
sumption in this country, the duty anS
internaB e tax would have BEEN
quite a large amount, and, to the ex-
tent Of this saving in the COS of he
finished product, the smelter and mani-
features is about, equally divided be-
and sill make the same profit.
Under the American scale o. wages
the value Of ordinary American mani
features is about equally divided be
tween material and labor. The conver-
sion into finished products, therefore,
of $40. 000, 000 worth of raw material
consumed in bonded factories would
Justify the sale abroad Of twice that
amount OF refined Or manufactured
products cheaper than at home. |
should not be surprised TO learn that
most Of the output Of these bonded
smelteries and factories is sold abroad
below the price prevailing in the United
States.
The other method provided in The
Dingiey law for allowing manufadar-
ers who export their products tho al
vantagee Of cheap material authorizes
back to the exporter OF manufactured
merchandise 80 per cent Of the duty
which he has actually paid upon any