Democratic Sentinel, Volume 10, Number 25, Rensselaer, Jasper County, 23 July 1886 — $21,000,000 for Revenue, $85,000,000 for Monopoly. [ARTICLE]

$21,000,000 for Revenue, $85,000,000 for Monopoly.

According to a late report of the Bureau of Statistics, our production of iron and steel and articles manufactured from them constituted about four-fifths of what we consumed during the year 1881; or, in other words, we had to import 20 per cent, of our consumption. The amount imported cost our merchants on board ship in our ports $51,454,575, but before they landed it they had to pay a 44 per cent, protective duty, amounting to $21,462,534, which was added to the purchase cost and charged up to consumers. On shore was a domestic product, which, at the value of the foreign product on shipboard, amounted to $255,000,000, but as soon as 44 per cent, was added to the foreign article, advancing it from $51,454,575 to $72,917,510, our manufacturers added the same per cent, to their products, which raised them to $340,850,136, thus patting over eighty-six millions into their pockets, while the Government received but twentyone millions for revenue. This $86,000,000 was taken from the people for no purpose but to enrich a few iron and steel monopolies, who are much better able to live without bounties aud begging than the fanners who are taxed to pay them. —Chicago Express. “I wonder,” said a *young hopeful of seven, who had been to a grand wedding in a stylish church, “I wonder why the organ played ‘Lo-he-grins?’ ” “How very stupid, Freddie.” was the prompt reply of his young sister. “It wasn’t ‘Lo-he-grins;’ it was ‘Lo-he’s-green.’ ” Mamma —“Well, Johnny, I shall forgive you this time; and it’s very pretty of you to write a letter to say you’re sorry.” Johnny —“Yes, ma; don’t tear it. up, please.” Momma —“Why not?” Johnny—“ Because it will do for the next time.” k