The daily Gate City. [volume] (Keokuk, Iowa) 1855-1916, 1913-10-09
THE NEW TARIFF LAW.

fago OF the accumulation Of butter and
eggs at Minneapolis and ST. Paul
awaiting the presidents signature to
the new tariff law. Now comes tho
Chicago Tribune OF October 2 carry
ing a Washington dispatch from its
correspondent which will, more than
likely. attract the attention of the
producers OF this country. The dis
patch says:
WASHINGTON. D. c., Oct. IL
Especial to Chicago Tribune. Gus
toms officers all over the country face
gigantic task as soon as President
Wilson signs the Underwood tariff
bill.
1t is estimated by the treasury de-
partment that there is now between
$50. 100000 and s2OO,000,0o0 worth Of
goods in the bonded warehouses
which will be taken out as soon as
the lower rates Of the new bill go in
to effect.
This will result in an enormous
amount of work for the customs Off
Gals and an enormous difference Ill
the amount of revenue received by
the government. 1t is estimated that
the financial loss will be somewhere
between $l0,00o,000 and S20,oOO,ooO
by reason of the holding OF goods Tor
the lower tariff rates.
Studying the above dispatch from
the standpoint of the American farm
land factory the Burlington Hawk-Eye
draws these conclusions:
/. The first effect OF a Democratic
tariff for revenue" is to greatly re-
duoe, the revenue to support the gov
|ernment.
2. This loss has to be made up by
direct taxation of the people.
8. The wages for labor In the pro-
|duction of this vast influx of foreign
made goods is paid to workingmen in
other countries.
4. The wages thus paid to work
iingmen in foreign countries are taken
AWAY from workingmen in the United
States.
5. A continuation of this tariff pol
icy will build UP foreign industries
and cripple or kill American indus
tries.
g.. Capital thus driven out of tho
United States will seek investment in
Canada, Mexico and other foreign
countries, where the wage scale is
lower; or it will be idle and thus con-
tribute to general stagnation or de-,
cline of industrial and commercial
enterprises in the United States.
= +ba x,,or.lr.
ingmen who are thrown out of employ
ment, or who work on reduced time,
or reduced wages, going to do. They
have accustomed themselves to a
higher plane of living tnan formerly
prevailed in this country, or that now
prevails in foreign countries. They
have acquired, or are in process OF
acquiring, homes of Their own; send
ing their sons and daughters to high
school and college; equipping their
homes with musical instruments,
books and good reading, and many
other helpful and highly desirable
home enjoyments. How will this big
thrush OF foreign-made goods be of
any benefit to them? The comfort,
happiness and prosperity of the home
depend largely upon the family in
come.
This says the Hawk-Eye, is only
the beginning. 1t is not necessarily
an inevitable forecast of national dis
aster, but rather of retardation of
business; a gripping of home indus
tries and reduction of favoring con-
EDITIONS for workingmen in America
The hurt. the pinch, the dull ache,
will be here and there, and affecting
many persons in ways rot always
fereseen. This man loses his job,
and that one, and the other; others
continue in employment at reduced
wages, and after while the labor mar
ket becomes glutted and the question
of tho high cost of living is lost to
sight overshadowed by the more SER
itous problem Of an income.
THE Hawk-Eye is not an alarmist;
lit believes in giving the new tariff fair
| play. Judged BY all the experience
with previous tariffs, and by the rules
/ CT logic, II Is HOT ldT dlIGlu To dlClcl-
pate some of the untoward results
above outlined. The thing to do is
to make the best possible out of the
new conditions. They are untried:
the country Is full Of resources. For
wears, under the Republican protective
policy there has been nationwide
prosperity No former period under
tariff for revenue only" can parallel
1T. The United states has become
the mightiest business and industrial
nation in the world. The present i'm
lpetus will carry US forward for awhile
But what of the coming years? Even
/ our Democratic friends confess their
apprehensions-no the students OF
political economy but the practical
substantial business element in thu
I Democratic party betrays uneasi
ness as to the outcome.
THE Washington dispatch IS an In
jdex finger. To what does 1t point?'
,uopktNc IoifRs ON THE EARN