Democratic Sentinel, Volume 15, Number 42, Rensselaer, Jasper County, 6 November 1891 — A Story of Tin in Two Chapters. [ARTICLE]

A Story of Tin in Two Chapters.

C HAPTER I.—THE ASSERTION. [From Iho speech of William McKinley, Jr., at Xenia, 0., on Monday, Oct. 8.) They talk about the tin plate tax. [Laughter. | Suppose w.i don't make a pound of tin plate. The duty on It has been increased from 1 cent to 2.2 cents, but you’re not paying a cent more for your tin than you did before. The old tariff on tin brought seven millions into the Treasury. The new one will bring In sixteen millions. Supposing we continue to import it all. We’ve a clear gain of nine millions, and ytur tin isn’t costing you a cent more. CHAPTER lI.—THE FACT. [From actual price lists furnished by Charles 8. French 4C)., tin-plate and metal brokers, of No. 54 cliff street, New York.J ie 14x20 coke i is. 1885. 1886. 1887. 1888. 1889.1891. 1891. Highest price*!.CO *4.40 $1.85 $4.70 54.75 $3.26 53.80 Lowest prioe 4.25 4.15 4.20 4.20 4.20 4.30 515 Average prioe 4 42 4.27 4.35 4.42 4.34 4.71 5.40 Sample N iedringhaus tin, 6 cents per pound. But not for sale, $0.48 per box. IC CHARCOAL TIS. Highest price 5.00 4.80 5 05 5.05 5.20 5.30 5.95 Lowest price 4.65 4.5 ) 4.52 4.50 4.55 4.70 5f J Average price 4.79 4.65 4.65 4.75 4.74 5.12 5.85 Present Import price, 8).93. IC 20x22 B OFINO RAPE—PEAS ORADE. Highest price 9.20 893 8.91 87) 9..*0 10.10 10 40 Lowest price 8.70 8.40 835 8.53 8.40 9.00 99d Average price 8.85 8.10 8.55 8.60 B.CO 9.4010.213 Laufmans American roofing tin, $26.50. New York World. Carnegie Bros.' I-atest Move. The last number of the Iron Age. the high tariff organ of the iron t,nd steel monopolies, says: “On Thursday, the 15tli, a conference was held between Chas. M. Schwab, general manager of the Edgar Thomson Steel Works, of Carnegie Bros. & Co. (limited), Be-sc-mer. l’a , and a committee of workmen of the converting department of the plant The conference was for the purporse of arranging the scale of wages to be paid the men in that department, to go into effect on Jan. 1 of the coming year. The scale now in force oxpire9 On the last day of this year “The conference lasted all day, and a scale of wages was agreed upon, but was not made public. From some of the workmen, however, information was obtained that some very heavy reductions have been made. Under the old scale the steel melters were paid 51.06 per 100 tons: the new scale, as’ first submitted by the firm, asked them to accept 62% cents per 100 tons, or nearly 50 per cent, of a reduction. The men compromised by accepting 65 cents per 100 tons. The vessel repairers were reduced from 37 cents to 26 cents per 100 tons. It Is stated that the vessel men will suffer the greatest reduction, the new scale reducing their wages about 50 per cent

“On Saturday, the 7th inst. the scale for the blooming mill was arranged. It is stated that the lad emeu have been reduced from 8L 19 to 89 cents per 100 tons. Other departments have been reduced in proportion. 'lt is probable that

during this week the scale for the rail department will bo taken up, and will probably be adjusted to the satisfaction of both sides. ” Only a short time ago the members of the steel-rail trust met in Philadelphia to consult. Everything went smoothly, says the Philade'phia Press. This is one result of that consultation: The trust is preparing, as it did in 1880 and 1887, to foreclose its tariff mortgage on the coming boom in railway construction predicted by the Iron Age. How many more lessons like the above will be necessary to convince the workmen whose wages are reduced that not they but the men who are in the trnst hold this tariff mortgage?