Democratic Sentinel, Volume 22, Number 1, Rensselaer, Jasper County, 8 January 1898 — BLIGHTED BY THE TARIFF. [ARTICLE]
BLIGHTED BY THE TARIFF.
New England has always been a staunch advocate of protective tariff. Just now the manufacturers of cotton goods are receiving a severe object lesson as to the workings of the Dingley tariff, which measure was so anxiously desired by these same man* uiacturers. Cotton manufacturing in New England has sunk to the lowest ebb in its history, and the wages of 90,* 000 operatives have been cut from 10 to 12 percent, in order to allow the business to go on It is not on record that the salaries of treasurers or sup* erintendents or managers,running from <5,000 to SIO,(XX) a ,i ear have oeen reduced—but that is incidental. It has been fully demonstrated, by a deficit in r venue oi $45,000,'00, that tlie Dingley tariff has failed to supply fund for governmental expenses, and now the condition of the cotton manufactuiers demonstrates that the law is a complete failure as a protective measure.
In 1896 the United States exported to Canada in months of July, August, Septembei and October 15,987,374 yards oi cotton cloth. In the year 1 97 the exports for the correspond ing months were only 3,716,924 yards This disastrous falling off shows more clea ly than any theoretic argument the effect of the Dingley tariff. England is reaping the advantage given by the protective tariff, and New England is suffering the loss. The Pittsburg Post demonstiates this fact by giving a table st owing the purchases made by' Canada of England during the month of November in 1896 and in 1897 The table is as follows:
1897. 1896. Cotton piece goods, £26,699 £l4 124 Linen piece goods, 7,787 3,983 Silk lace, - 441 84 Artlcl s partly silk, 1,902 1,302 Woolen fabrics, 6,109 5,049 Worsted fabrics, 27,616 10,854 Totals, £79,681 £38,849 Thus is plainly demonstrated the fact that retaliation is at work, and the Dingley Jaw, necessarily a failure in th< securing of revenue, is made a failure as a protective measure Exports are reduced, wagescut, down and a deficit of magnificent proportions produced by this strictly republican institution, tbe great and glorious Dingley tariff The edge tool men have consolidated witna capital of $2,000,000. Another grinding monopoly! Most of the Hessians taken prisoners during the Revolutionary war became settlers in Virginia. Russian families when moving to new homes kindle the fire on the hearth with coals brought from the old kome.
