Democratic Sentinel, Volume 20, Number 16, Rensselaer, Jasper County, 24 April 1896 — Ail Object Lesson in Tin-Plate. [ARTICLE]
Ail Object Lesson in Tin-Plate.
The growth o£ the tin-plate industry in (he United S ates during the last two years emphasizes the superiorit of •> moderate tariff over a high piotective one in increasing manufa turing prosperity. While the McKinley schedule of duties was in existence the American tin plate company at Elwood. Ind., was a four-mill plant, employing 300 men, with a pay-roll of $3,000. After an experience of a little over|a year of the Wilson bill the same concern has been enlarged to a sixteinmill, twenty-oui-stock plant, employing 1 300 men, making 15,000 boxes per week, and its pay-roll is increased to $55,000. The othi-rday the stockholdei s ordered its facilities to be expanded 15 per cent.Othertin plate mills throughout the country show a similar growth. On the other hand, as a result of the!6o tinplate mills new successfully operating in the United States, 250 milis are idle in South Wales from which this count ry formerly received all its supply.—St. Louis Post-Dispatch,
