Jasper County Democrat, Volume 13, Number 24, Rensselaer, Jasper County, 2 July 1910 — Is Payne a Philanthropist? [ARTICLE]

Is Payne a Philanthropist?

y We clip the following from a pto- , teetionist paper: 1 y “Sixty million pairs of women s and children's hose, worth $7,000,000. weto annually imported under the Ltingley , law, and Mr. Payne thought that $7.000,000 a year would be better paid out in the American factories where wages are $2 a day rather than in Chemnitz, Germany, where the wages are a third of the American standard.” Mr. Payne thought nothing of the kind. He thought that here was an opportunity to do a good turn for his friends the hosiery people at the expense of the comjmunity, and he did it. If we imported■‘s7,"ooO.OOO worth of hose from Germany we certainly sent her $7,000,000 worth Of foodstuffs or some other product of American labor in return for them, and this trade has been injured by putting on the extrx , duty, i Is not the industry that was in- , jured as dear to us as the cotton ho- ■ slery industry that was pampered? It is to the people at large, but not to Mr. Payne and his colleagues.