Democratic Sentinel, Volume 15, Number 43, Rensselaer, Jasper County, 13 November 1891 — McKinley Object Lessons. [ARTICLE]

McKinley Object Lessons.

A striKing illustration of the wonders accomplished by the McKinley bill is shown in this week’s issue of the Bulletin of the American Iron and Steel Association, the organization which probably had mere influence than any other in having the duties increased on many products of iron and steel. Under the caption, “The News of the Past Week,” on a single page it announces the assignment of the iron shipbuilding firm of Harrison, Loring & Co., at Boston; the suspension of the Blandon Iron and Steel Company (limited) of Blandon, Pa., which has a capital of $125,000; a conference over wages between the emp'oyes of the Edgar Thomson Steel Works at Braddock, Pa., and their Superintendent, at which scrappers, who had been averaging oxer S3OO a month, were placed on a salary of S2OO a month, while the wages of ladiemcn were reduced 30 cents a day: the closing of the Keystone Iron Works at River View, Kan., the largest establishment of the kind near Kansas City, under attachments aggregating $100,000; the coming public sale at Boiling Springs, Pa., of the Katherine Furnace, which was built in 1881-2: a reduction of about 15 per cent in the wages of the employes of the Hainsworth Steel Company at Pittsburg: the suspension of the Oliver & Roberts Wire Company (Limited) of Pittsburg, with liabilities of $1,087,460; and a strike at Lebanon, Pa, over the refusal of certain firms to sign the wage scale of the Amalgamated Association. For a single week «nd a single page this seems a rather startling showing, but the Bulletin makes no reference to it editorially. It devotes its efforts instead toward proving that tin plates are now being made in this country, and that Andrew Carnegie was right when be wrote In the Nineteenth Century that America often has steel rails at lass cost

than these could be imported free ofduty. A few more such weeks and one or two more McKinleys, and the iron and steej trade of the United States will be entirely bankrupt— New York Times.