Democratic Sentinel, Volume 12, Number 18, Rensselaer, Jasper County, 25 May 1888 — AN HONEST MONOPOLIST. [ARTICLE]

AN HONEST MONOPOLIST.

Pittsburgh (Pa.) Post: Thrreis none of the hypocrisy of the average protectionist about Mr. Blanchard, of Chicago. Mr. Blanchard is engaged in the lumber business, and tells, with delightful candor, towhat extent and why he is a protectionist: I am high tariff an lumber, but low tariff on copper, iron, wool, cotton, leather, glass, etc., and 1 will tell you why, lov a timber land and sell stumpage; beside, I operate largely myself, and this tariff pats money i to my pocket. I get per iuousrini for my stumpage and $2 per thousand for my boards. I have just sold 5,000,000 fset of lumber. Now, $2 a thousand on 5,000,000 feet is just 810,000. That is the difference to me’between high tariff and fre® lumber. lam high tariff on lumber, I am! This blessed tariff, they tell us, is all for the benefit of the American laborer. What do you suppose I did with the $10,000? Divide it with my Workmen? Not a bit of it. I put it right into this calfskin wallet, I did. Of all my workmen lam the oJy protected American laborer. ages depend on supply and demand, my friends, and not on taxes. When you see two men after one boss, wages ar® low; when you see two bosses after one man, wages are high. That is th > whole of it the theory, principle andpra‘s- - This is evidently a truly honest protectionist, and his frank words will command greater respect than anything that has been said for many days on that side of the question. The Carnegie works in 1887, for instance, realized from sl7 a ton duty on steel rails anc S2B 88 on steel beams, the magnicent, subsidy $4,086,366. How did they divide with labor ? Why they gave the workmen, in whose behalf this tariff bounty was granted, $949,261 as wages, since reduced, and as the Chicago lumberman says, put the remaining $3,000,000 into their “old calf-skin wallet.” This accounts for rhe $5,000 a day income for 300 days to the principal partner, whether it was “drawn out” or allowed io “stay in” anc grow. Blessed protection! It is because of his turning on the lights in this matter, there is such a squirming over William L. Scott’s speech. Let ’em squirm.