Democratic Sentinel, Volume 17, Number 11, Rensselaer, Jasper County, 31 March 1893 — Under a 20 Per Cent. Duty. [ARTICLE]

Under a 20 Per Cent. Duty.

Fired with a burning zeal for combination, the makers of sole leather have set about organizing a huge monopoly in the manufacture of that necessary article. The tanners' plants are to be bought out with stock of the proposed sole-leather trust, and the former owners are then to be hired as superintendents and managers. It will require from $75,000,000 to $100,000,000 to carry out this ambitious scheme, yet no difficulty is anticipated in raising the money. The people of the United States, who spend in each year over $200,000,000 for shoes, will note with interest this new project to bring their footwear under syndicate control.—Philadelphia Record.