The Guthrie daily leader. [volume] (Guthrie, Okla.) 1893-1996, 1910-10-03
CONCRETE INSTANCES
WHERE COST HAS GONE UP
Trusts are Wa|IOW|ng ID Profits
GOuged From the
Consumer


Special to The Leader.
Washington, October 3. When 'hc
Payno-Aldrich bill was before tta
senate. blind Senator T5ri p. Gore,
Of oklahoma, staked his epuliion
that II the measures wds pnssei tx.
treme high prices would follow
The prophecy was fglii'lel Aycr-
age prices rose more shan Der cent
from June to Deceml',, 1909. The
prices OF eel trnt common tDck inOre
than doubled in TX mouths IN 1893
1t is the history Of ~ protection
iet countries that tariff revision up
Nard means increased prices. Il w
uoi generally realized how rapidly the
| y, ice of taritf-protected articles rosa
letter the rassagc Of The Glngley law
III 1897. From July ]. lS9T, 20 Janu'
lazy /, 1900, the first ,hres yaafs tcl-
lowing the Dingley law NJ cost Of
living advanced 81 per cent. ~ n
the rate of 8 per cent a yrQ More
trusts were formed during tils than
during any other similar period in
cur history.
The price Of wire nails rose from
$lS6 kes, in August, 1898, to $3.50,
in December. lS99-l60 per cent in
1f months.
The price Of barb wire rose from
81 65 per 100 pounds. in August, 1897,
to $f,t3, in December, lsS9--l50 per
cent in two years.
The price OF window glass rose
from $1.75 a box, in April. 1897, to
$3.50, in April, 190l-175 per cent in
four years.
The Dingley tariff made the trusts.
and the trusts put up the prices. But
few. If any. trusts were formed during
the three years of the comparatively
low duties of the Wilson bill
When the German government in
i troduced it's tariff law of 1902, it pub
:, lshed IN explanation which contain
ed the frank statement that finland
! prices are raised so far as con
sideration of the circumstances Of the
last ten years will allow us TO judge
lNproportion 10 the duties
In France. Italy. and some other
/ European countries part OF the mn
niclpal revenue Is raised by duties on
/ EObuA 'uAtiiuN lHF l'NHHs At AH'
gates OF such towns there Is nm Off
clai who collects this tax. md il is
found that the difference In prices OF
articles purchased outside OF the
towns and within TIE towns IS IN
'uearly every instance exactly the
s->-euH+----f-tlie dlrry--- t1rr- srritfr- A.l44
pens in trade between nations.
The reason the sugar trust. the
steel trust, the lumber trust and tht
harvester trust are willing 10 contrib
ute large sums TO the campaign funds
o; President Taft and Republican can
diCates for congress and are unylli
ing 10 contribute TO the funds O..
! Democratic candidates, is that the Re
publican party is the party OF eXces
sive protection. Tariff revision Up
ward means increased prces, and the
tariff trusts know that they can col
lect from me people in new profit'
whatever sums they may invest in the
/ Republican campaign funds.
after Election.
'fhe Republicans promise to make
lnuhlic the source OF their campaign
contributions after the November
Congressional election
The report Of the standpat Repub.
llican members OF the Ballinger inves-
tigating committee is to be made pub
! lie after the election
Nothing further is TO be said Of the
+ lS5.0oo000 Taft-Eiumphrey ship subsidy
igreb bill until after election.
! TAe son pedal is TO be applied to
the oklahoma Indian lands thieyery-
lmtil after the November election.
Nothing IS TO be done with the Lori
mer investigaiion--untll after elee-
tion
No step is to be taken in the
sugar tvpst-friar lands Philippine
scandal--uutl after the November
election.
Another Case Of larceny
The national Republican platform
Iof 1889 contained the following para.
graph.
We denounce the efforts OF the
Democratic majority OF the House OF
Representatives 10 destroy our tariff
laws piecemea, as manifested by
fheir attacks ul-on wool, lead, and
Iced owes
Times have changed. Republican
candidates for congress upon the adj.
yIce Of President Taft. are now ad
Nocating and promising tariff revision
'piecemeal" with the intimaton that
the schedules enumerated will he the
first ones tackled. In otherN words,
tho Republicans have adopted anoth1
or Democratic idea
Why Meant Is High
Thirty-iiye percent is the amount OF
profit Armour& Co, forced the pub
| lio 10 pay last year. This became
Known through statement submitted
10y Armour & Co, in connection with
the listing Of bond Issue OF S3O,00o.-
zoo Oh tile sioch exchange, Tie COM
lpany by its own showing made a
gross profit OF slo.5s2. .O00 for the year
1909 on capital stock Of s2d.o0OO00