Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1914-08-13

are strong financially because Of the
farsighted policy that has been fol-
lowed. of putting practically all the
net earnings back into plant, three
mills of Northern New York have late
~ called together their creditors and
are at the present time practically in
the hands of receivers. Many other
mills in which the investors have de-
manded something like a substantial
return for the use of their money are
face to face with conditions similar
to those which have overwhelmed the
New York mills.
One of the most potent arguments
against the policy of free print paper
is the fact that before II was had Can
ada manufactured approximately 400
tons per day; now they are putting
out 100 tons and mills capable of pro-
ducing 400 tons additional will be in
operation and clamoring for share of
the good thing on this side of the
line. within a few weeks.
Johnson. in his speech before the
Democratic convention, made some
statements and omitted to make some
statements which should receive sharp
attention. For instance; he says that
only a slight reduction was made in
print paper over IL cents per pound.
but he sidesteps and says nothing
about the Democratic Congress putting
news print paper and pulp under Ia
cents pound on the free list. Either
he is ignorant of what his party did,
or he is wilf1lly ommitting this very
important fact from his statement.
Johnson, in his capacity as Sena-
tor from Maine. was in just as strong
a position to help his State as was
Senator Hale while he was represent
ing the State of Maine; and yet, no
one believes that Hale would have
quietly sat by and allowed his State
to be injured without a strenuous
fight-party or no party allegiance.
johnson undertakes to beiittle the
general business depression, and it
should be made strong point against
him and his party that he has no an
swer to show why there is million
and a half more men idle at the pres
ent time than there was in 1912, and
the number is still growing. And it is
not public service corporations only,
but all lines of industrials that are
curtailing and discharging their en-
ployees
This free trade party has given to
Canada the markets of the United
States on print paper under liz cents
a pound without consideration The
manufacturers. in 1tbe United States
can neither sell their products of print
paper under 2 1-2.acents pound in
Canada. owing to the duty imposed on
such importation, nor can the mills
in the United States that were accus-
toned to buy their raw material
(spruce woody in Canada from Crown
Lands, now do so, owing to the restrie-
tions put on the export of pulp wood
from the Crown Lands by the Canadi-
an provinces.
The imports of new print paper un-
der 1-2 cents Il pound have reached
more than 1000 tons per day, where
formerly they were about 200 tons per
day, and further, additional mills are
coming into the market in 1914 forcing
400 tons per day on the already over
stocked market.
THE Democratic free trade PROPOSE
ton has also opened up the markets
of the United States to the paper max
ers of Northern Europe, and print pa
per under IL cents per pound is now
coming into the United States from
these countries.
1.-The Republicans should not only
stop the attack on corporate interests,
but, by it's acts, invite capital to come
into the State and protect it while
other States are, in every way, slam
ming it,"