Carolina watchman. [volume] (Salisbury, N.C.) 1871-1937, 1910-10-05
WHY MEAT is HIGH.
AClear Cut Explanation Of why Prices have
Increased and Other Information.

| uGl6aSGu oHu UtHGI lNlulllidHVIs
By Clyde H. Tavenner.
Washington, Oct. 4.-Special !.
When the Payne-Aldrich bill was
before the Senate, blind Senator
Tom P. Gore of Oklahoma staked
his reputation that if 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
common stock more than doubled
in six months in 1910.
It is the history of all protec.
Zionist countries that tariff re-
vision upward means increased
prices. It is not generally real
lied how rapidly the price of
tarif-protected articles rose after
the passage of the Dingley law in
1897. From July 1, 1897, to Jan.
uary 1, 1900, the first three years
following the Dingley law, the
cost of living advanced 81 per
cent, or at the rate of 9 per cent.
a year. More trusts were formed
during this than during any ether
similar period in our history.
The price of wire nails rose
from $1.S6 keg, IN August, 1898,
to So So, in December, 1899. 1850
per cent, in 16 months.
The price of barb wire rose
from $1.65 per 100 pounds, in
August, 1897, to $4.S0, in Decem-
Der, 1899, $50 per cent. in 2 years.
The price of window glass rose
from $1.75 a 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, if any, trusts
were formed during the three
years of the comparatively low
duties of tho Wilson bill.
When the German government
introduced its tariff law in 1902,
it published an explanation which
contained the frank statement
that "inland prices are raised, 30
far az consideration of the cir
cumstances of the last ten years
will allow us to judge, in proper
tion to the duties"
In France, Italy, and some 9TH
er European countries a part of
the municipal revenue is raised by
duties on goods enterinS the
towns. At the gates of such towns
there is an official who collects
this tax, and it 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 to
contribute large sums to the cam
paign funds of President Taft and
republican candidates for congress
and are unwilling to contribute to
the funds of Democratic candi-
dates, is that the Republican
party is the party of excessive
protection. The tariff revision
upward means increased prices,
and the new profits whatever sums
they may invest in in the Repub-
lican campaign funds.
AFTER ELECTION
The republicans promise to
make public the source of their
campaign contributions, after the
November congressional election.
The report of the standpat Re-
publican members of the Balm
ger Investigating committee is tc
be made public. after the elec.
tion.
Nothing further is to be said Of
the $5,000,000 Taft-Humphrey
shlpsubsidy grab bill, until after
election.
The soft pedal is to be applied
to the Oklahoma Indian landl
thlevery, until after the Novem
Der election.
Nothing is to be done with thu
Lorimer investigation, until attel
| election.
No step is to be taken in tht
sugar trust.friar lands Philippine
scandal, until after the Novembe
election.