The Wallace miner. [volume] (Wallace, Idaho) 1907-current, 1920-10-07
.LEADFROM GERMANY
OFFERED At I CENTS
Imports of Metals
Forcing Down
the Prices
A MENACE TO MINING
Cox Says Present Tariff
is o. K.--Questions for
Voters to Answer
A MENACE TO MINING

~ O THE people of this district
realize that the prices of lead
and zinc are dropping at a
rate that is giving the produc-
ers OF those metals very grave con-
Germ? Do they realize that the i'm
mediate cause of this downward
movement is the importation of lead
and zinc from Europe which is being
sold at figures that force the Ameri-
can price down? Do they realize that
, the only reason for foreign lead and
zinc selling below the American met
ais in the American market is that il
is produced by cheap labor? Do they
realize that the only way this ruinous
competition can be prevented is to
increase the tariff to an amount suf-
ficient to cover the difference between
the cost of production in the United
States and in foreign countries? Do
they realize that the only way to get
this protection is by the election of
republican president and a republican
'congress2
If they realize all these things, be-
ing intelligent and practical people,
they will take advantage OF the means
that will be offered them on NOvem-
Der to safeguard the industry upon
which they depend by voting the re-
publican ticket. That is the only
means by which this ruinous compe-
tition can be prevented. The present
law which permits the importation of
foreign metals was enacted under the
present democratic administration. It
was approved by the late democratic
national convention, which further re-
affirmed its adherence to "a tariff for
revenue only" The democratic candi-
date for president has repeatedly
stated that the tariff is not an issue;
that the present tariff law is the best
that has eyer been devised, and that
if changes are found necessary, the
nonpartisan tariff commission can
make them.
What Do You Think About 1t?
Do you think that tariff that per
mits the foreigner to undersell you in
your own home market is a good one?
DO you think that American produc-
ers of lead and zinc can meet this
and still maintain the
American standard of wages? Do you
think that any relief can be expected
by electing a man president who says
that the present tariff is all right, and
a congress that will support him IN
hat contention?
These are intensely practical ques-
ions and they require a practical an
iwer They can not be evaded for
very vote will be an answer one way
,r the other, either for protection to
he industry upon which you depend,
" for tariff for revenue only in ia
-or of the foreigner. Democratic
will attempt to muddy
he tariff waters. but no man or wo-
nan in this great mining district
hould be deceived They know the
rices of the metals and they know
he costs of mining, and as a logical
roposition they know that if the
rices of the metals go down, the costs
f mining must also go down If the
hines continue running.
Germany Offers Lead at 7c.
The Engineering and Mining Jour
al of October 2, commenting on the
letal market and the effect of i'm
from Europe, says:
Last Thursday the A. S. & R.
reduced its contract price from
Sh to Sc, New York, and a fur
Their reduction to TIC. was made
today. This should tend to cut off
foreign importations, which con-
tinue unabated. Imported lead on
the dock here was offered late last
week at 7.75@75Oc.. and early this
week at 7.4Oc. Prompt shipment
from Germany is offered at t.,
duty paid. The tone in the middle
west is also easier Many can
cellations and postponed deliveries
are being requested. and produc-
ers who have been turning away
inquirers for the last few months
are now scurrying after business"
Germany Offering lead at Z cents.
uty paid And the democratic can
date for president says the present
riff is all right. 1t is, for Germany
nd the other European countries. But
should be borne in mind that these
uropean importations are only the
arter. What will be the price of
adj and of zinc too, when the pro-
net of Mexico, mined by peon labor,
n reasons that often prevail in con-