Democratic Sentinel, Volume 16, Number 16, Rensselaer, Jasper County, 6 May 1892 — CREDIT TO M’KINLEY. [ARTICLE]
CREDIT TO M’KINLEY.
A LEAF FROM THE PROTECTION LEDGER. How This Great Protective System Is Working to the Benefit (?) of the People —Poorer Goods and Higher Prices— Spreckels and the Sugar Trust. The Account for One Week. Credit these to McKinley. They are a few of the items on one side of the account of the “bravest and wisest of tariff measures,” the “trust-killing tariff,” as the New York Tribune fondly calls it. This bill that does not sustain a “higher rate of profits but a higher rate of wages, ” as Professor Gunton told the Republican Club of New York a few days ago. These are some of the items for the week ending April 15, 1892. When some loyal Republican has filled out the other side of the account so that it will not look too one-sided we will continue our side. April B—By a strike of 200 girls and boys in the Dolphin Jute Mills, at Paterson, N. J. The Press says “the boys had been getting $2.50 and the girls $2 a week” in this protected Industry. April B—By reduction of wages of puddlers at Mcllvane <t Son’s Plate Mill, Reading, Pa., from $3.75 to $3.50 per ton, and the announcement that next week Seifert’s two rolling mills, employing 300 hands, five miles below Reading, will close down indefinitely. April B—By the determination of the furniture and cabinet manufacturers’ association to keep their factories closed until the strikers give up their fight for eight hour*. April B—-By exactions of the rice trust which lead a committee of rice merchants at New Orleans to take steps to build a rice mill to circumvent the trust. April 9 —By consolidation of the six cotton seed oil mills of Georgia Into the Georgia Cotton Oil Company. The American Cotton Oil Company owns 120 mills.y For purposes of economy those in earn State are being merged into separate corporations. All of the trust mills are now reorganized under State charters, except those in South Carolina. April 10—By notice of general reduction of wages In all the furnaces at Newcastle, Pa. After April 17 the turn men will be reduced 15 cents, the day laborers 10 cents, and the Iron men J cents per pound. This will give the turn men $1.75 and the laborers $1.35 per day. April 10—By closing down of the Dolphin Jute Mill, at I’aserson, N. J., because of the inordinate request of the boys for $3 and of the girls for $2.50 per week. April 10—By strike of 200 electriclight men in New York. April 10—By the strike of twenty helpers at the Phoenix Silk Mill, Paterson, N. J. April 10—By the announcement in the Tribune that Claus Spreckels cleared $5,000,000 when he sold his Philadelphia sugar refinery to the trust, giving the latter complete control of refined sugar east of the Rockina, April 11 —By a big marble trust which the Tribune announces is being formed in Georgia “to unite all the marble proprietorships in the country so that the Output as well as the prices can be regulated." The duty on marble averaged about 50 per cent, under this “trust-killing tariff." April 14—By the announcement that the whisky trust, whose total earnings for the year ending March 31,1892, were $4,728,827, Is to wipe out all opposition by a temporary reduction of prices. April 14—By the formation of a trust composed of the thirty typefounders in the United States. • April 14—By the closing of the Spreckels enormous refinery by the sugar trust, so as to decrease production and maintain trust prices. April 15—By the completion of the Diamond match trust, it having bought the Lebanon Match Company, of Philadelphia, for $125,000. This was the last company to surrender to the trust. The retail dealers in Philadelphia, upon advices from wholesalers, at once advanced the price of matches 50 cents per gross.
