Ottumwa tri-weekly courier. [volume] (Ottumwa, Iowa) 1903-1916, 1912-03-28
BILL FILED
BY THE DEMO Gratis
(continue4 From Page ID


can be produced Ia England ut one
dollar, or the equivalent OF that sum-,
while in the United States the money
expenses OF production at 91.46, 1t 10
necessary to have tariff duty equal
to the difference In these money OK
penses Of production, or certainly to
the difference In money expenses
minus the allowance for variations
in freight. rates, in order to place the
producers In tho two countries upon
an equal market footing. II this 10 mot
done, it viii be possible for the pro-
Queer in, the country where money
expenses are lowest to drive out OF
business the producer In the country
whore money expenses are highest.
This assumption 10 based upon m or
ronsous view Of International trade,
and finds no warrant whatever In eco
nomic reasoning. =
The democratic report discusses
this matter at great Lengths and psints
out that in every country there II =
great range Of difference In cost.
iI3' Cost 81 Production .variss.
4 Beside these considerations" the
report says, ut should Be noted that
In every country there 10 q great range
OF difference In. cost Of production.
;Scarcefv any commodity can be said
n havs uniform coat az production.
There 10 more difference, a. : rule,
between different factories in the
same country, than there II betwsen
the best and poorest factories In one
country and those Of corresponding
grades in another. This has boon amply
3lln.frated IN INA vork az the tariff
,nustIa.oa ~ my 49, = 8, ,,,,,,, ~
D0aIu l.sen. ~ 800 ,...,N xs1sa.A.cs
paper the Doaro. ioun0 mIuv Io.So
In money cost OF product lion DeCw osn tno
United States and Canada In the best
mills. but 1t did find very great dif.
ferAnce IN ernanso 81 production bo.
$3.50. ,ha 100 .nA nnoraat mills In
- no. A ,nAin.t,nn
ING onitou os.eos. 80 ~. 80.
would nave been, theretote. tnAt MY -
protection was not needed ~ the oest
factories In tho United States against.
the Canadian, 1t was needed BY the
poorer factories IN the United States
as,s.. ~ ha4tsr factori.. IN this
asns. u.,.". a.. 49,. i r..n.
country, Dut NOV ssAinsl InosO - Sa 80.
ada. Owing TO this variation IN cost
OF production within the same coun-
try, It 10 not possible to compare IN
absolute terms the productive power
Of one country with that OF another.
SAYS WeeI Nssds NJ pr,tso%;sn.
The committee discusses at length
the conditions relating to the produc.
ton Of raw wool IN tnis country NJ = ana
aDrOao :, 80, cnn.id.r.d - tr;A +, -
nnrt 7 IA 81 the PAYNE Aidrfch biii. the
COMMITTEES saws IN jnstiflcation Of the
bill placing duty OF 20 per cent on raw
wool: &,
Glass III wool needs no protection.
because u y s scsIceiy proo0csu - -
"a . sne un1Ieo s.at ns.a. - -,,.c,,on
tec. ,,ss thos. 81 our Wools which com.
pete With il are produced ct 4 very low
cost Of production.
Glass I woods need no protection g
indicated BY actual nEnres O saies. AZ
shown ~ esnmaSea COY g pro enna =
y - 80 nAnt G,,tvsnt 81 ~ cant
wouId So consid a. bly In excess OF the
REQ uirsments % productloa n the west
that are Indicated by the h4ures OF the
board: while u the Ohio feeicn the n.
dustry is partly q ieast. incadsntai 70
8eneral farming eM0 ell M0t W con =