The Guthrie daily leader. [volume] (Guthrie, Okla.) 1893-1996, 1910-08-29
PRICE Or
. RUBBER..AIND I:
THE TARIFF

the price of all soft that Is pnre--
rubber goods has gone out Of sight
Rubber bands which we have beer
selling for seventy-iiye cents pei
pound We are now having 10 pay foI
At The rate Of from three TO foul
dollars per pound: blended goods sncf
Us syrinses and hot-water bottles have
gone up from fifty to one hundred
fifty per cent. While tnis rise, Ii
not 50 marked In hard rubber goods
such Us combs and many veterinary
instruments, we find the price OF this
stuff has gone up from fifty to ont
hundred per cent"
Hardware men say that the prices
on garden hose have advanced about
thlrty-five per cent during the year
1914, and shoe men say the prices
on rubber foot wear have advanced
about thirty per cent. .e@ r.
Local automobile dealers say that
the prices on tires have advanced
from twenty to thirty per cent, and
that leading manufacturers have Civ,
en notice OF other advances to take
effect September /.
The local prices may be profltably
compared with the following facts
and conditions:
Senator Aldrich and his followers
advocate protection for the infant in
dustries OF the United States.
OF the $40,000,000 dollar capitalza-
tion of the International Rubber com.
pany, United States Senator AldrIch
owns In his own name outright $3.-
025,00o worth. HIS son owns $685.
eco worth and as treasurer OF the
company draws high salary. Be
tween lnem they hold proxies for an
other s1S,000,C00 worth OF the stock,
which in addition 20 Their own hold.
lngs. puts them in virtual possession
OF more than one-half the capital stock
OF the company.
Ey means OF patent process, IN
which Senator Aldrich in his reply
10 the accusations brought against
him by Senator Brlstow admitted he
was deeply interested, the Information
al Rubber company is enabled TO bring
into this port about 100000 pounds
Of guayule rubber every, month.
This, the company asserts, constitutes
about IS per cent of the total output
Of the Mexican fields.
Guyaule rubber comes into the
cenntry free. so that Senator Al1rich
Thomas +. Ryan, John D. Rockefeller
and the Others who own the lnterna
tional Rubber company. do not have
10 part with a fraction OF the $i00, 900
a month earnings OF that company
TO aid in defraying the expenses OF
the government OF the country.
The majority of the manufactured
goods used In this country. such as
footwear. garden hose, and the pure
rubber goods Is made up from this
Guayule crude supply.
The entire production, practically.
OF The Internailon Rubber company
Is taken BY the United Sites Rubber
company an infant industry" capI-
talized at 100000, coo, for the pro-
lection of which a rise of i6 per cent
ia Toe tsrill on manufactured rubber
goods sas made--under special con-
tract between the two concerns, at
q price. said, In the trade. to be slight
ly above the prevailing market figure
Samuel Pomsroy Colt, president oI
the United States Rubber company
Ia q fellow townsman, business asso-
ciate. political ally and close personal
friend OF Senator Aldrich.
The advantage derived by the Unit
ed States Rubber company from the
increase Ia the tariff Is clearly DEM
onstrated In the last report OF the cor
poratIon for the fiscal year ending
March 81, 1910. In presenting that
report 10 the stockholders, President
Colt made the Following remarks 10
i little brochure issued confidential
ly:
The past year, on the whole, has
been the most prosperous in the his
tory OF the company. The sales OF
merchandise by the United States
Rubber company and its subsidiary
companies, were larger than in any
previous year. aud the net profits
we're greater, amounting to about 81.
925,000.
THE export business OF the COM
pany was larger than any previous
year. The several foreign agencies
for our standard brands are now es-
tablished on substantial basis. and
We look for a steady growth OF this
branch OF our business"
The profitable condition of the ex.
port trade demonstrates. 1t was point
ed out that the strongly protected lin
lant Industry Is able to undersell
in It's own markets tne cheap labor
product OF Europe of which 1t pro-
fesses 10 be In such terror.
Ii IL can do that there, II was add
ed, where the cost OF transportation
across the Atlantic has to be added
TO the cost OF production, there Is
something wrong with the prices at
which II sells its goods here ana
which are so per cent higher than
those IN the foreign markets.
The accumulated surplus Of the
company today Is approximately yS,-
100000. o clear indication. i, Is as
serted, OF the benefit derived by Sen.
ator AldrIch and his friends from a
high protective tariff S4ra
When you are ponderingsthe causes
that have led tof'ins surgency I apdswon
deripg why the itepnbpcab party is
being regeneraied, think on these
,snfss aoi ftsssseEsssSfs'l lloes,f fsAsx5 ras i
has not writtehS such bkz6fy3 nor
truekeled the welfare OF the people
In such spirit or manner und me
men who have undertaken TO outrage
Al and sell IT'S birthriglf and record