Democratic Sentinel, Volume 15, Number 34, Rensselaer, Jasper County, 11 September 1891 — Imported Industries. [ARTICLE]

Imported Industries.

Protectionists are excessively jubilant whenever -they can print a report that some European manufacturer has been compelled by the McKinley law to set up a branch establishment in this country. But these European manufacturers will take away every penny that they make. What becomes then of that venerable superstition about protect on keeping our money in the country? The muddle-headed protectionists tell us Very glibly that under protection two profits are kept in the country, the profit made by the manufacturer and that made by the buyer of his goods. This Is not true; but it it were, what about the profit made in the American branch factory of some great European manufacturer? Does it not take to itself wings and fly away to Europe?