Iron County register. [volume] (Ironton, Iron County, Mo.) 1867-1965, 1908-03-26
FOR TRUSTS ONLY
MoNoPoLlEs ALONE BENEFIT BY
HIGH TARIFF,
Ex-eoV, Douglas of Massachu ietts
Shows How Republiean-Made l'~s
Have Injured the Country
Democrats Offer Remedy.

The fundamental idea of demotr acy
is equality OF opportunity, Jefe son,
who was the greatest advocate de moe
ever had, and who was the found
Ell of the Democratic party, was the
man who secured the abolition OF the
old laws of entail and primogenl ture
in Virginia. He also secured the abo'
lition Of a religious establishment in
that state, and caused the adoption OF
the first ten amendments to the Con
stitution of the United States, He
hated special privileges. and fought
always for equal rights,
A man VINO approaches near t. JEFF
ferson is William l.. Douglas, late gov
ernor of Massachusetts, Jefferson
was a member of the great middle
class of society, so is Gov, Dol glas.
For years he has stood for CHEAPER
raw materials for the manufact uiug
Industries, for higher wages an for
a reduction in the cost of living for
workingmen, and to that end has adj
vocated lower tariff duties as a means
of protecting the multitude againit the
eXactions of trusts, generated am, pro
tected by laws passed by the Repub'
hoan leaders,
Now, Gov, Douglas is a ma,ldfac'
turer Of shoes, his factories beirs the
largest of the kind in the United
States-a fact which has com 'elled
him to investigate the yearly inureas'
ing cost of raw and partly mar ufac-
tWred materials, and the aus Of the
Increase in prices,
In one Of his speeches deli Vered
when he was running for gov arnor
he gave to the people the eviden % he
had discovered of the way the tariff
protects the trusts thus;
0The most successful, powerfl and
injurious trusts are those that, hay
ing q tariff monopoly in our homt mar
ket have secured possession o. the
sources of production of raw mate
rials, and supplies, such as iron, steel,
coal oil, sugar beet, lumber, lead,
LEATHER salt, bprax, etc,
Careful estimates of the tariff
prohts Of one of these trusts the
United States Steel Corporation, indi'
cate that they amounted to $l6,l,0 900,
600 for the years 1909 and 1908 the
total net profits being $242 ,00l, 900
900, These estimates We're has I'd on
the differences between the Cyport
and home prices of steel productl and
goods, the differences being mutt piled
by the quantity of each klnl OF
product sold, as given In the aanual
report of this company for the year
ending December al, 1908, This sl6a,
900, 900 Is clear tariff profit, That Is
had there been no duties on these
steel products, and had they bee ! solC
here at the same prices for whicl they
were sold abroad, they would have
cost our consumers $162, 900, 0Oc lesi
than they did, AS nearly all of these
are unfinished products, 1t IL eulden
that American manufacturers, II
whom steel Is q raw material, hay'
TO nay nearly $50, 900, 900 a year more
for these materials than Is paid b,
their foreign competitors, even t1nugl
both buy steel of our steel trust, This
In itself, Is a great handicap uptn on
manufacturers, especially whei at
tempting to sell goods In foreign maj
kets, 1t Ia this discriminate II
favor Of foreign manufacturers max
ing 1t much cheaper to product Out
side than inside of our tariff wall tha
Is mainly responsible for the eyodu
Of American capital into foreign cour
tries, Scores of branch mills an
factories, operated by Americans hay
during the past few years be,n Il
Gated abroad in order to escape fror
the protection that means deareN ra'
materials and higher cost of p odut
ton, Had there been no unneccssar
duties on raw materials, the grea
amount of business transacted !
these Amerloan-nwned foreign mill
would now be done in this coun IVY, {
/ the great advantage Of our own worl
, ingmen,
"As between Republican prot lctlo
+ that protects only trusts at nom
and independent manufacturers whe
= abroad, and Democratic prot 'ctlo
that would not drive industrie I
foreign shores and would give eau
opportunities to all and special PIT
ileges to nome It should be eaiy #
, opr voters TO choose, The 80 eallf
blessings Of protection should CO
A tainly not be confined to trusts m
p Qa,aluaaua "