The times and democrat. [volume] (Orangeburg, S.C.) 1881-current, 1910-11-03
ROBING THE FARMER
ssFRAT THE TARIFF COSTS THE
T1LLERs OF THE SOIL

I2sxeS .Nearty everything 'AheI NAV 1Ia'1'
10 Buy and Forces Them to Sell
\: in Open saIlrket.
The augusta Chronicle says the
ole claim put forward by the Re
publlcans I'm Justification Of their
protective tariR policy Is that, while
3 1t may mean high prices, it also
means prosp Gritty. In this connec-
ton. it is highly interesting, as well
as important, to be able to get some
defninte. figures on the farmers
share Of this protective tariff pros
I perity. Never have ne seen this
I feature Of tile case better presented
in so short i space than In COM
munication which appears in the
I current issue of the National Month
W Democratic magazine edited by
Norman E. Mack, chairman Of the
Democratic national executive conf
1nittee.
The comniunication in question is
an open letter from Mr. F! S. Mon
nett, Democratic candidate for con-
gress In the 18th Ohio district, ad.
dressed to S. B. Dietz, secretary OF
the Madison Grange, an organization
OF. farmers. The facts and figures
presented by Mr.. Monnett may ue
Z easily verified Among other things;
Mfr. Monnett says:
When the Payne-Aldrich tariff bill
went into effect, the farmers oil
Franklin county, Ohio, were receiv-
ing 80 cents to 80 cents for corn.
The September option has just clos
ed at 48 1-a cents per bushel, a dill
ference Of 6 per cent of the value
of the farmer, In less than two years
and only 35 cents per bushel offer
ed for the new crop.
Last year, September wheat sold
atChicago, at the close Of the mar
ket, at s1.20. This year 1t sold al
80 IL cents. difference of 20 pei
cent.
Last year; l received 80 1-S cents
per pound for my clip OF Ohio wool.
This year. the best have been Of
fered is % cents to 25 cents per
pound. for the same grade of wool
d difference of about 33 per cent, OF
my income:
Last year, September oats closed
at, 4S cents per bushel, in the Chi
cago market, and this year. at 81 1-2
cents. difference of So per cent,
: or!more than one-half of my income
from oats.
s,Woolen blankets from the same
wool have increased 25 per cent. /;
wire nails. made by the United
State Steel. Trust and wire fence,
: are 40 per cent higher than before
esthe trust fixed the arbitrary prices.
Farm machinery, mowers, reapers
and the repairs thereon, wagons, en-
gihes and manure. spreaders are
selling from, so per cent. to $50 per
cent. more shan they cost, under the
manipulation of the international
4 Harvester Company.
2 Nov. under the tariff bill, the far
nisrs of Franklin county get no
protection upon their hay, their oats,
their wheat, or their corn. because
they export "a per cent. of these
Therefore, the tariff in. no way
protects Any, of the farmerss pro-
ducts, except wool, and with tariff
s Of II cents per pound, wool forth
with shrank 1-2 cents per. pound,
id Ohio.
The latest report Of the Amer
lean Woolen Company, according to
their report Of August. 1910. shows
they Increased their income from
s29.Ss6.OOO to s4S.OO0,O00. a net
increase. OF profits from S1.2S7,705
TO s5.7ps.05s.
s After paying all their dividends
on the watered stock and fictitious
bonds, they increased their surplus
S2,0G0,000 and their current assets
$4,000. 800. The net profits Of the
American Woolen Company were as
above stated. and it is the sole buyer
or the wool in this state and county,
having Increased its profits under
the Payne-Aldrich tariff bill 40 per
cent, ard the farmers, in the mean
time, lost or deprecated their pro-
fits 25 per cent.
Z These figures can be verified from
Moody's Manual, Or b. inspecting
Otis & Hough's records, at Colum-
bus, O.. or any other reliable finan-
cial house in the city.
A pretty strong presentation Of
how the Payne-Aldrich tariff has
helped the farmers, isn't it? Just
for the sake of curiosity, We would