Evening Republican, Volume 17, Number 291, Rensselaer, Jasper County, 6 December 1913 — Effect of Tariff Law. [ARTICLE]

Effect of Tariff Law.

Speaking of the effect of the new tariff law on the general welfare of this country, Mr: Wm. B. H. Dowse, a veteran New England manufacturer, says: After a study of the situation, based on a three months’ visit ths- - in the manufacturing centers of Great Britain, France and Germany, and an experience of 35 years in the production and distribution of goods on this side of the Atlantic, I assert that by the tariff reduction no benefit will oome in a general way to the consumer: the advantages will accrue to the foreign manufacturer and to the importers 'here. Both will make larger profits, and the sure result is that the millions of dollars that should be paid out. here for wages and raw material will be sent into foreign centers of industry to pay for pur increased imports. Already the Slackening of industry throughout the country is noted, ipills and factories are on short time and this great injury has been done to the business of the country and the welfare of our people without a particle of benefit, without any compensating advantages. They have reduced the opportunities for employment, but they have not reduced the cost of living, and when the country realizes how it has been trifled with and imposed upon, there will be a day of reckoning which will, I hope, postpone indefinitely any further steps toward Free Tirade.