Democratic Sentinel, Volume 15, Number 50, Rensselaer, Jasper County, 1 January 1892 — Cheaper to Foreigners. [ARTICLE]
Cheaper to Foreigners.
Last week we showed how the axe manufactures united in a trust to suppress competition in the “home market, and how it sells axes and other tools at less prices abroad, aud thus prevents any over-supply in the home market from depressing prices here. The history of the National Saw Co., or as popularly known the Saw Trust, is similar to that of the Axs Trust The principal members of the “Saw Trust” are: The Wheeler, Madden & Clemson Mtg. Co . of Middletown, N. Y.; The Woodrough & McParlln Co., of Clncin-
natl, Ohio; The Woodrough & Clem son Co., of Boston, Mas?., and The Monhagen Steel Ca, of Middletown, N. Y. The trust has its main office in Reads street, New York. To home dealers it sends out a catalogue and a discount sheet, but furnishes exporters and foreign buyers with quite a different one. It shows even greater favor to foreign buyers than does the Axe Trust. A few illustrations will be sufficient to show this. 6 The lowest price at which the trust sell at wholesale their back champion tooth cross-cut saws in the United States is 26 to 28 cents per foot The price quoted to foreign buyers for the same saw is 20 cents per foot, or over 25 per cent. less. Extra thick back saws are quoted to the home trade at 29 to 31 cents per foot, but to the foreign trade at only 22 cents per foot, or 26 per cent below the home price. The trust offers to the foreign trade, at equally advantageous prices, its circular, hand, panel and rip saws and saw tools. High tariffs are enacted to keep out foreign competition in the home market, and thus give domestic manufacturers absolute control over production and prices. What is more natural then than that manufacturers should form combinations to exact from home consumers all that the tariff allows?
