The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1910-05-13

has accomplished all that was predict
ed for it.
THE prices of commodities has been
increasing for 10 years the world over
One reason for the advance is not
only the great increase in the pro-
duction of gold but the cheaper meth
DDS of producing it, The supply is
greater than the demand, and is OBJ
tanned with less cost. AS gold is the
measure of all values, the commodities
are higher because of its decrease in
value. This accounts in part for the
general increase In prices
The increases in prices are upon
articles upon which the duty has been
lowered by the present law, or else
remain where they We're under tn e
Dingley law. All kinds of farm pro-
duces. meat, butter, eggs, poultry, all
foods, and hides and feathers, shoes
and raw cotton show reductions in
duty and increases in prices.
ut is hardly possible TO take a single
item in the tariff and show direct in
crease from the rates of duty. 1nvesti-
cations into food prices show this conclu-
sively. The increases in prices are fully
paralleled by increases in the same ar
tces abroad. If the tariff has increased
the cost of living, how is it that on April
q newspapers from Maine to California
published tables showing that the cost of
living is decreasing all along the liner
Mr.. Payne then presented series of
figures and tables showing the specific
reductions made from the rates of the
Dingley law. He then went on to show
the increases in imports under the new
| tariff mparing its first six months re-
suits with tho corresponding six months
| under the Dngley law. He presented a
| table showing increases in imports rang
| ing from 10 to 100 per cent in hides iror
ore, pig iron. tin plates, machinery, lum-
| Der leather.
criticised for its attitude on the pull
paper situation with Canada. He referred
TO the duty OF s375 ton imposed by tho
new law on print paper and declared:
I'VE are criticised because we did no
| fix the duty at 81 q ton, and close oul
paper mills in the vain hope that Canada
might remove her embargoes on exports
of wood pulp. Now she Is extending he
embargoes and with a great many of ou
of paper 1t Is evident that the situation
can be relieved only by some agreemen
| made between the executive and TIN
Canadian authorities, to be ratified b,
| Congress.
I'VE have then a tariff law that full
fills the pledges of the PLATFORM tina
produces sufficient revenue to meet on
expenditures; that has discarded in tn
| various schedules that It revised all thu
| duties which have become unnecessar,
because of changed conditions; we cor
rected the errors and loopholes through
which many articles of high value es
| capped the duty intended and came II
under a nominal duty. which carries on
the measure of protection enunciated II
| the republican platform; which by 1t
maximum and minimum provision ha
| opened the gates of the world to our mer
| chants and then our manufacturers; an,
| which above all shuts up no factory, put
out no furnace fires. stops no wheels O
industry. and deprives no man Of hi
daily wage.
1.-THE law has brought prosperity to tn
| farmer who never In our history has en-
toyed the prosperity he enjoys today /
has brought prosperity to the factor,
| and prosperity to the merchant. 1t sat
| isles this south as no other tariff eve
did 1t is tariff for the whole countr,
and under 1t the people of the who'll
country are enjoying prosperity beyon,
their dream"