Saint Mary's beacon. [volume] (Leonard Town, Md.) 1867-1983, 1910-10-06
from Our Wdshington Correspondent
VITAL WASHINGTON NEWS.
By TAvKNNKR.

When the Payne-Aldrich bill was
before the Senate. blind Senator
Tom p. Gore OF Oklahoma staked
his reputation that II the measure
was passed extreme high prices
would follow.
The prophecy was fulfilled.
Average prices rose more than II
per cent. from June to December,
1909. The prices of steel trust COM
mon stock more than doubled In six
months in 1909.
II 10 the history Of all protection
!st countries that tariff revision up.
ward means increased prices. u
is not generally realized how rapid
ly the price OF tariff-protected arti-
cles rose after the passage of the
DiDgley law In 1896. From July l,
1897. TO January l. 1900, the first
three years following the Dingley
law. the cost Of living advanced 81
per cent or ct the rate OF per cent
o year. More trusts were formed
this than during any other similar
period in cur history.
The price Of wire nails rose from
sl.36 Q keg. in August, 1893, TO
1858. in December, 1s99-1eO per
cent. In 10 mouths.
The price Of barb wire rose from
sl.66 per pounds. In August, 1897,
to A.13. In December. 1s99-16O Der
cent. in Is months.
The price of window glass rose
from $l.75 0 box. In April, 1897, TO
$3.50. In April, 19Ol-17s per cent.
in 4 years.
The Dingley tariff made the trusts.
ard the trusts put up she prices.
But few, II any trusts were formed
during the three years Of the com.
paratively low duties of the Wilson
bill.
When the German government in
PRODUCED Its tariff law OF 1902. Il
published an explanation which CON.
tanned the frank statement that lin
land prices are raised. 80 far a. q
consideration Of the circumstances
OF the last ten years will allow ~
TO Judge, in proportion TO the du.
ties"
In France. Italy. and some other
European countries Q part Of the
municipal revenue Ia raised by du.
ties on goods entering the towns.
At the gates OF such towns there In
an official who collects this tax, and
10 Is found that the difference in
prices Of articles purchased outside
OF the towns and within the towns
Is In nearly every instance exactly
the amount OF the duty. The same
happens in trade between nations.
The reason the sugar trust, the
steel trust. the lumber trust and
the harvester trust are willing 10
contribute large sums to the cam.
paign funds OF President Taft and
republican candidates for congress
and are unwilling TO contribute 70
enc funds Of Democratic candi.
dates. ID that the Republican
party is the party Of excessive pro-
lection. Tariff revision upward
means increased prices, and the
tariff trusts know that they can COL
iect from the people In new profits
whatever sums they may invest in
the Republican campaign funds.
AFTER ELEcr1oNl
The republicans promise 20 make
public the source Of campaign CON.
tributions-after the November Con-
gressional election.
The report of the standpa, Ra.
publican members OF the Ballinrer
investigating committee In 20 be
made public-aiter the election.
Nothing further is 10 be said of
the $1,000, 900 Taft-Rumphrey ship
subsidy grab bill-until after cleo.
tion.
The soft pedal Is to be applied to
the Oklahoma Indian lands thisyery
until after election.
Nothing Ia TO be done with the
Lorimer investigstion-until after
election.
No step is 10 be taken In the sugar
-trust-friar lands Philippine scan
dal-until after election.