Jasper County Democrat, Volume 15, Number 61, Rensselaer, Jasper County, 2 November 1912 — STEEL TRUST TREASON [ARTICLE]

STEEL TRUST TREASON

ARMING POSSIBLE ENEMIES OF THE UNITED STATES.

Under Protection It Sells Armor Plate to Foreign Nations 40 Per CenL Cheaper Than at Home. The steel trust is a great financial, industrial, and especially a great political institution. Through political influence it gets free trade labor and the highest kind of “protection” on its manufactured product.

Through its control of the Roosevelt administration It received permission to break the law, and buy in at panic prices the property of its only strong competitor, the Tennessee Coal and Iron company. Through its control of every Republican administration it has been able to follow a course of downright treason toward the United States government and still keep the favor of that government. The steer trust sells armor plate to Japan and other foreign nations 40 per cent, cheaper than it sells the same armor plate to the government of the United States. The armor plate for which the trust gets SIOO from our own government is sold for S6O to the government of Japan! Think what this means. Do you understand it? Can you grasp the full meaning of it? . It means that Japan can build a battleship of American steel for $6,000.000 which would cost our own government $10,000,000! It means that Japan need spend only $6 to match our $10 —in our own markets. It means that for the same money Japan can build almost twice as big a fleet as our own government can, and build it of American steel! It means that the steel trust ta robbing the people of the United States with one hand and arming possible enemies of the United States with the other. This Is one use the steel trust makes of the tariff. And the steel trust which does this comes whining to congress for “protection,” and doesn’t want the tariff revised save by a board of experts — steel trust experts.