Democratic Sentinel, Volume 11, Number 51, Rensselaer, Jasper County, 13 January 1888 — Just Look at This. [ARTICLE]

Just Look at This.

The beautieß of “protection to infant industry” are well exemplified in the case of castor-oil, the imports on which by the United States are taxed 190 per cent. In 1880 there were eight establishments in this country engaged in the castor-oil business which earned a total of $225,000 on an invested capital of $474,000, while they paid out only $44,714 to the 107 men and one boy that constituted the working force. The profits of the business amounted to five times the wages paid. During last year we imported 13,644 gallons of tbe oil, the foreign value of which was $5,766, and on which $10,915 in duties was paid into the National Treasury. The duties amounted to one-quarter of the wages and to only one-twentieth of the profits realized by the manufacturers, who use the law as a fence behind which to feather their own nests at the expense of the great public that pays for the oil.