Manchester Democrat. [volume] (Manchester, Iowa) 1875-1930, 1910-10-05
a cLEAR-cUT EXPLANATION OF
WHY PRICES HAVE IN
CREASED.
By Clyde q. ravenner

BY Clyde II. Tavenner.
When the Payne Aldrich bill was
before the Senate, blind Senator
Gore Of Oklahoma staked his reputa-
ton that IL the measure was passed
extreme high prices would follow.
The prophecy was fulfilled. Average
prices rose .lore than IL per cent
from June to December, 1909. The
prices of steel trust common stock
more than doubled in six months in
1909.
1t is the history of all protectionist
countries that tariff revision upward
means increased prices. 1t is not gen
orally realized how rapidly the price
of fariff,protected articles rose after
the passage of the upward revision
Dingley law in 1897. From July 1.
1897. to January /. 1900, the first 3
years of Dingleyism, the cost of liv-
ing advanced 81 per cent or at the
rate of 8 per cent year. More trusts
were formed during this than during
any other similar period in our his
tory.
The price OF wire nails rose from
$1.36 key, in August, 1898, to 1888
in December, 1S99-16O per cent. in
10 months. Il I'D
The price of barb wire rose from
$1.65 per 100 pounds in August, 1897
to $4.13 in December, 1s99-15O per
cent in 2 years.
The price Of window glass rose
from SITE box. In April. 1897, to
$3.50. in April, 1901-175 per cent in
4 years.
The Dingley tariff made the trusts,
and the trusts put up the prices. But
Few, II any, trusts were formed dur
ing the three years of the compare,
lively low duties Of the Wilson bill.
When the German government In,
trcdrced its tariff law of 1862, it pub
lished an explanation which declareIe
frankly that INLAND prices are raised,
SO far as consideration Of the cir.,
cemstances Of the last ten years will
allow us to judge, incorporation to
the duties"
While studying the tariff systems
In Europe last year found that in
France, Italy and some other Euro
pean countries part of the munici-
pal revenue is raised by duties on
goods entering the towns. At the
gates of such towns there is an Off
cial who collects this tax. and I
found that the difference in prices
OF articles purchased outside of the
towns and within the towns was IN
nearly every instance exactly the
amount of the duty. The same hap
pens in trade between nations
II After Election.
The republicans promise to make
public the source OF campaign con
! tributions-after the November Con
/ gressional election.
\ The report of the standpat Repub.
lican members of the Balllnger In
vesugatfng committee Is to be made
) public-after the election. II
Nothing further is to be said of the
100000 Taft Humphrey shipsid,
grab bill-until after the election.
The soft pedal Is to be applied t.
! the Oklahoma Indian lands thievereJ
until after election.
: Nothing Is to be done with the
Lorimer Investigation-unti ate
election.
No step Is to be taken in the sugal
trust-friar lands Philippine scandal
!; until after>election.
\ The National Monetary commission
;. o. which Senator Aldrich is chairman
: will not make it's report recommend
y ing a central government bank-un
til after the November election.
Another Case Of Larceny.
. The national republican platform Q
= 1892 contained the following part
graph:
I'VE denounce the efforts of tn
Democratic majority Of the House Q
Representatives to destroy our Ia
. i'll laws piecemeal, as manifested b