Democratic Sentinel, Volume 15, Number 19, Rensselaer, Jasper County, 22 May 1891 — Tin-Flata Lying. [ARTICLE]
Tin-Flata Lying.
McKinley's high duty on tin-plate goes into effect July 1, and the importers have been bringing in euorraous quantities of plate in order to save the extra duty. How imports have grown may be seen from the following table: IN THE LAST TWO YEARS. 1880. 1839. Tin plates, terne plates, and taggers’ tin imported in the calendar year, pounds 742,135,688 737,735,029 Average quantity per month 61,844.640 61.477,919 FIRST THREE MONTHS OF 1890 AND 1891. 1890. 1891. Imports in January 54,8)9,779 50,782,064 Imports in February 54,055,297 66,764,466 Imports in March 48,609,428 101,174, 5j7 Three months 157,474,594 218,721,037 The figures for April, May and June will be still more remarkable. Tho in-
crease from fortv-eight million pounds in March, 1890, to 101 million in March, 1891, shows hoW tin plate with a tax of 1 cent per per pound is preferred in the market above plate taxed 2 2-10 oents. If the foreigner pays this tax, is tin re any reason why our tin plate dealers should be in su.-h a hurry to fill their warehouses? This inrush of tin plate from England shows clearly whero the large stocks now in our markets.come from. Yet tho lying New York Tribune has the brazenness to make tho following remarks in commenting upon the reports that tho Welch tinplate mills are to shut down on July 1 for one month: “Why, the McKinley bill was going to raise tho price of tin plate! Don’t you remember the free trade tears that were shed over tte ‘little tin pail of the laborer?’ And now to learn that the American market in six months’ time has been so far filled by American tin plate as to compel tho Welch trust to shut down to prevent a glut of the market This is sad for the free trader. ” The only evidence that American tin plate is filling the market is found in tho shape of tinplate bil sos fare at protectionist banquets, and sheets of tin hung in the windows of protectionist newspapers. In no American city lias American made tin plate been offered for sale in “commercial quantities. ”
