The Richmond palladium and sun-telegram. [volume] (Richmond, Ind.) 1907-1939, 1913-04-09
Four Leading Manufacturers
Are of the Opinion That
Less Protection Will Bene-
fit the Nation. (
RAW MATERIALS TO
BE MUCH CHEAPER
High Protection Has Been al
Prop to Special Interests
H. Campbell Fears For
American Farmer.

-Four of Richmond's leading manu-
faoturers were interviewed today On
the Underwood bill now pending be-
fore the house of representatives.
which provides sweeping reductions In
tariff schedules and which places many
of the necessities of life and numepous
raw materials used for manufacturing
purposes on the free list Three eff
the local manufacturers agreed that
the tearing down of the high protect
i've tariff law would be beneficial TO-
the business interests Of the country
The 1ourth. Howard Campbell, former.
president Of the Gaar, Scott company.
said that lower tariff rates would ben
eft the manufacturing interests. but
was of the opinion that such a policy
would be Injurious to the farmers and
would ruin the wool business. The fol-
lowing are the interviews:
Praises New Measure.
PETTIS A. REID. president of the
Elliott.Reid Fence company am
heartily In favor of the policy OF a
sweeping reduction In tariff rates. II
am not free trader but I only believe
In moderate tariff protection. The
high protective tariff we have had has
been a poor prop for our business in
tefests to lean on. 1t is paternalistfc
proposition, which is wrong, and has
bred carelessness. Getting the tariff
down to a normal basis viii do away
with waste In the manufacturing bush,
ness. stimulate our inventive ability
and make our business men more self
reliant They will receive ample pro-
lection from our patent and trademark
laws"
Will Help eusiaess.
GEORGE SEIDEL, of the Seidel
Buggy company and the Pilot Motor
Car oompany-"The passage of the
new tariff bill will temporarily check
business in certain quarters until our
business interests have had an oppor-i
| tunity OF accustoming themselves to
the change. but ultimately I benevsI
the removal OF high protection viii bel
beneficial Our manufacturers can
compete with the world even II the
tariff prop they have been leaning onl
is taken away for they have the abil-I
ity and ingenuity to pit themselvesI
again the cheap labor of Europe Tnl
fact / believe We will be q greater ex-l
porting nation than We are now"
Means chespsr Matsriais-
CHARLES A. INQUIRE, vice presi-,
dent OF the Dihe-McGuire LAvnuprerI
company-L0wering the tariff as pro-
posed in the new measure will be ben
eficial to our line OF business. Compe-
tition with us has been so great that
we have not been able TO raise ourl
prices in comparison with the increase
in the cost of the raw materials we
| use. Nearly all the raw materials We
use are highly protected and the new
tariff bill will either greatly reduce
the rates on these products or place.
them on the free list consequently
We can build our machines at less ex-
pense think tar1H reduction Will
also be beneficial to nearly every other
line of business"
May Iniurs Farmer.
! HOWARD CAMPBELL. former pres
ident OF GAar. Scott and company,
The new tariff measure win benefit
the American manufacturer, believe.
but think IL will work a great hard
hip on the farmer. | also believe IL win
ruin the wool industry. The manufac-
turer win be benefited by the placing
OF raw materials at much lower rates
or on the free list He will now be
able to compete with the English man
ufacturer. for instance, in the export
trade The English manufactures pays
no duty on his raw materials and has
an advantage over US. Lowering the
tariff or removing it entirely on raw
products means cheaper labor. as
natural consequence. but I do not be-
lieve this will hurt the working man
for his dollar viii go further than isl
now does"