Jasper County Democrat, Volume 7, Number 24, Rensselaer, Jasper County, 17 September 1904 — How It Works. [ARTICLE]

How It Works.

The tariff on tin plate is 1% cents per pound. In the year 1894 the customs revenue on tin plate was $9,609,175. In the year 1902 the revenue was $2,997,786. The production of tin plates for the year 1902 was 819,840,000 pounds. The collectable bonus at 1% cents a pound was $12,297,600. During the five years inclusive, 1898 to 1902, the total production of tin plate was 3,932,871,040 pounds. The total bonus collectable was $58,993,065.60, while the total revenue collected by the government was only $11,143,215. In the year 1900 the total capital Invested In the tin plate industry was $27,488,302, and the total wages and salaries were a little over $11,000,000. The total number of wage-earners and salaried people in this industry are 15,552. In the dipping department of the tin industry the total number of employes is 4,004. This includes wageearners and salaried people. The special bonus of one-fifth of a cent per pound would give a bonus of $1,355,939.20, which is considerably more than half of the sum paid in wages and salaries. Is it any wonder, after reviewing the foregoing statement, that those engaged in this industry should have been able to have reaped a profit in a few years sufficient to have purchased one of the largest railway systems In the United States? It is not surprising when we consider these facts that Mr. McKinley In his last public utterance should have stated that the time had arrived when the protection laws should be revised, and it is not surprising that those who are interested in this class of industry should be so zealous In the advocacy of its perpetuity. Judge Parker’s trust record is one on which the party may make its campaign. Like his record on the labor question, it reveals sympathy with the masses rather than with the oppressor! of the masses.