Democratic Sentinel, Volume 16, Number 32, Rensselaer, Jasper County, 26 August 1892 — Low Tariff Prosperity. [ARTICLE]
Low Tariff Prosperity.
The Tribune has discovered that great prosperity reigns at Fall River, Mass., the chief seat of the cotton cloth spinning industry in New England, and is sure that it is due to the effect of the McKinley bill, as the comparison of figures for 1810 and 1892 proves to its satisfaction. The chief product of the Fall River mills is cotton cloth embraced under Schedule I. of the Act of 1890, by which the duties were reduced by from 11 per cent, to 20 per cent, as compared with the tariff previously in force. Was the increased prosperity of Fall River mills due to this reduction?— New York Times.
