Pike County Democrat, Volume 26, Number 18, Petersburg, Pike County, 13 September 1895 — Page 5

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FREE WOOL A GOOD THING. Many Hew Mill* In Operation, and the Price Still Goins Up* Disasters to the wool market predicted by Republican protectionists when the : Wilnou bill was passed are not coming into being. The market is very active at present and it promises to continue so for some time. “Reports received from the leading markets of the country indicate that there is no react ion in the upward movement in the prioe of wool," says the American Wool and Cotton Reporter. “In the past week—second week of July —in numerous instances a further advance of 1 cent per pound has been established, and it is safe to say that during the past fortnight there has been an average rise of 2 cents. ” , This report comes from a “protection*' journal. Continuing, the paper says in the same article, a doubleheaded editorial: “Our semiannual record of new mill construction for the first half of 1895, to which we devote considerable space in this issue, makes a significant and gratifying showing. It furnishes convincing evidence that the clouds of depression have been giving way and ! that a period of prosperity is developing in textile lines. ’’ The record referred to 6hows that 88 new woolen mills have been established or projected and started in the United ' States this year as compared with 17 in the corresi>or,iding period of the last year of MoKinleyisin—an increase-of 100 per cent Free wool seems to be a good thing for the woolen trade, for consumers and for the country generally.—St Louis Republic.

■i I NEW/TARIFF BENERTS. The Repeal of tlie McKinley Law Save* •1,000,000,000 a Year In Taxes. In 1890 there were 355,401 industrial establishments in this country which gave employment to 4,711,833 at a cost to owners in wages of $2,282,823,265, says the Kansas City Times. The McKinley law decreased the number of establishments by about half and the wages more than that. The probabili-j ties are that the day the new tariff law became operati ve there were 178,000 establishments in operation, which employed 2,855,966 operatives at a co6t in wages pf, say, $11,000,000. One of the benefits of the new tariff law is the resumption of work in most of the idle factories and shops. In the absence of actual statistics it may be as- j Burned that today there are 325,000 es- j tablisliments in operation, which employ pot less -than 8,500,000 employees, ■ at wages that aggrogate$l,850,000,000, which is a gain to the wage earners in the manufacturing interests alone of $500,000. A gain of half that much has been effected in other branches of endeavor. The repeal of the McKinley law saved the country in taxes to the amount of $1,000,000,000 a year. To this gain is added more than $1,750,000 a month improvement in earnings, yet there are people who hope to delude the workingmen of the country into the support of a party which declares its intention to restore the McKinley law. A greater absurdity was never proposed, and the intelligent people of this country will resent the insult.

CONCERNING THE GLASS TRUST. McKinley 'Tariff Law Made It Possible. Low Duties Cot Trust Prices. The blindness of the average high protectionist is shown in nothing more clearly than in his treatment of the Glass trust. “That despoiler of natural trado conditions continues its impudent existence/’ remarks one of these philosophers, and then he proceeds to ridicule the new tariff law because it has failed to draw the fangs of an odious trust. o 1 The McKinley bill duty on window glass was from 100 to 125 per cent, and under that law, with such a margin to work on, the trust was formed and intrenched itself. The new law reduced the duty to from 60 to 65 per cent, and the trust just reduced the prices on glass to the extent of the reduction in duties. The new law wasn’t able to destroy the tatnst, but it was able to force a reduction iff the price of glass to consumers of about 40 per cent. If there had teen no McKinley law, there would have been no Glass trust, and if the McKinley law hadn’t been i repealed the price of glass would still be what it was during the existence of that law. But the continuance of the trust has served to show that the duty on glass Will stand another cut, and when the opportunity presents itself it will probably be made.—Kansas City Times.

. Joyful Music on the Merrinutc. The thousands of cotton mill employees in Lowell, Mass., will need no . more conclusive evidence of the disappearance of hard times than was furnished them in the announcement of a general increase in wages, to take effect on A ag. 3. Yesterday was also a joyful occasion in Lawrence, Mass., for the Atlantic mills gave notice of an advance to all of their employees. The spindles and looms in the great mills of these two busy cities will henceforth make merrier music than has been heard on the banks of the Merrimac for many months.—Philadelphia Record. A Pointer For McKinley’s Friends. Some of Governor McKinley’s friends should get him into a corner and tell him the story of the horse that broke away and scurried around the track several times before the starter gave the word. It will be recalled that this particular horse lost the race.—Washington Post._. Makes Them Feel Tired. To see wages going up while the DemI ocratic party is in power puts a sickly hue on the faces of falsifying newspaper organs. The upward tendency continues* however.—St. Louis Post Dispatch.

TWO LAWS COMPARED A STUDY OF THEIR EFFECT ON THE NATION’S INDUSTRIES. K«arly Twenty-fir* Thousand Mill Budi Throw* Oat of Work on Wage* Red need la the Vint Tear of the McKinley Lav. Results of the Hew TnriiT. There is nothing mare instructive, and for that matter it would be impossible to conceive of anything more useful to the American citixen than a careful study of the effects upon the industries of the country of the new tariff law, as compared with the McKinley law. If the Republican newspapers are to be believed, the tariff question will be the issue of the next presidential contest, and if that be true every voter ought to be able to pass upon it intelligently. A great many men support one party or the other because the success of the one to which they attach themselves will put some friend in ofSoe, and they feel that\they haven’t much personal interest in the matter beyond that. But there is less of that kind of voting every year, and the time will soon come, if it is not already present, when men will vote according to what seems to them best for the interests of the whole conn-! try. This being the case, any reliable data which will aid them to a knowledge of the effects of high protection as compared with reform tariff must be welcome. In this connection the New York ^Herald recently presented to its readers some interesting facts and figures. It

says: “When the McKinley tariff became law, in October, 1890, disastrous results soon followed, especially in Pennsylvania, Ohio and Illinois. In December, 1890, at Bethlehem, Pa., 1,000 - iron workers were thrown out of employment. In January, 1891, wages were reduced 9 per cent at the large steel works at Homestead, Pa., and in the following February 4,000 men were thrown out of work. Reverses followed in April by a second reduction of wages (5 per cent), and in July, 1892, by the great and bloody strike of 3,800 men against wage reductions. On Jan. 22, 1891, at Youngstown, O., 10,000 men were thrown out of work, and the wages of 5,00(TVere reduced at Johnstown, *Pa. In leas than a year after the McKinley law took effect 24,400 mill hands were thrown out of work or had their wages cut down. In March. 1892, one western steel company had 2,500 men idle, and in July of that year ordered a reduction of 45 pot cent in wages. Strikes, shutdowns, working on short time, reduction of wages WOTe quite in order in these times (from 1890 to 1893) of ‘humming’ activity and booming McKinley prosperity of American industries. ’’ The results which followed the operation of the new tariff law are so recent that it is scarcely necessary to enumerate them. Almost instantly there was a revival of activity in all branches of manufactures. First, mills that had been idle for several years began preparations to resume; then railroad earnings increased, and after that old mills were enlarged and new ones built. Finally wages began to increase, first in one section and then in another, and first slightly and then in greater amounts, until now it may be safely said that industrial prosperity is entirely restored. The Republican papers have resisted tho improvement at every step and to a considerable extent retarded its progress. But they were unable to defeat the effects of the improved economic conditions. If the people will carefully examine the facts, they will have no trouble in determining how to vote when the question to be determined is the preservation of the present tariff law or the restoration of the McKinley iniquity.—Kansas City Times. .

A Conspiracy Against Prosperity. That there is‘a conspiracy to suppress the news of improved industrial conditions admits of no doubt, observes the Kansas City Times. It has been shown by the attitude of the Republican newspapers for some time. But the prophets of woe and the howlers of calamity have not been able to prevent the restoration of prosperity. They have retarded it to a considerable extent and delayed the consummation for six months. But they have at last lost their power to hoodoo the people. Prosperity and increasing wages are the order of the day. Politics In South Carolina. Repudiating the name Conservative in South Carolina politics, the Columbia State says: “We. want a party with more backbone aud less stomach. There will be a Democratic party organized in this state which will give men of principle and courage a rallying point. It will repudiate the Irby organization and all its works. It will be for white supremacy by honest means, for fair elections, for the accepted principles of the national Democracy. ” Pertinent Questions. , If “the Republican party has never disappointed public expectations,” how has it happened that, in a majority of the congressional campaigns since 1874 that party has been defeated? Why did it go down in 1890? Why was it condemned in 1892? The ballot box is the court of last resort in all party contentions. That court has decided against the Republicans a good many times in the last 21 years.—Exchange. Th« Public Is Watting. Is it not about time for Hon. William ' M. Hahn to give the public the benefit of his views? Mr. Hahn is the gentleman who owns the red lemonade privilege of the McKinley boom.—WashingI ton Post. __ Don’t Know Where They’re At. j “As wages go up,” says the Indian- ' apolis News, “McKinley goes down.” Yes, and little Ben and the others go ‘round, round, round.”—New York I Kercury.

SOME CHEERFUL FIGURES. Iroa Statistic* That Pram That Um ta> dastrial B*tI»s1 la Solid. ” Die midsummer pig iron statistics sent in by the manufacturers to the American Iran and Steel association afford the best possible indication of trade conditions. They all tend to show the substantial basis of the present indus- ! trial revival, and that it is entirely nat- j oral and not speculative. Generally speaking, the iron and steel industries are the first to feel restrictions due to depression in the market or the baleful effects of overproduction which pile the stocks high in the yards to wait a demand. It is especially significant, therefore, of the even growth of trade in all channels, which began a year ago, that misold stocks of pig iron on June SO, 1895, were less by 158,398 tons than ! in December last. The standing product; is now 439,290 tons, with a steady calli upon this reserve, and no better indica- ' tion of steady and healthy improvement in business and commercial centers can be had. The record of the past six months shows a total production of 4,087,558 gross tons, as against 2,717,983 tons in the first half of 1894, a gain of 1,369,575 tens, or quite 50 per cent This product includes 2,402,023 gross tons of Bessemer pig iron, or 58 per cent of the total. At this same rate the year will show an output of 9,000,000 tonus. It is possible to pass the great year of 1892, when 9,157,000 tens were the gross production. To appreciate more thoroughly the meaning of such cheerful figures the trade need but refer to tbe year 1894, when the output fell to 6,657,388 tons, and the difference in the product is the index to the improvement marking the past year. As a guide to the prosperous conditions now apparent over the country, these midsummer statistics are infallible, and there are no better signs of returning good times and that the occupation of the calamity howler is now a memory.—Philadelphia Times.

NO SIGNS OF RUIN IN WOOL. Removal of the Doty Has Folly Justified Claims of Tariff Reformers. ^ The wool trade is growing with marvelous rapidity. In a letter to Assistant Secretary Hamlin of the treasury department at Washington, Mr. S. A. D. North, secretary of the National Association of Wool Manufacturers of the United States, after commenting on the increase in ,the value of wool, adds, “Wages in the woolen and worsted industry in the state of Rhode Island will be increased from 7% to 12 percent this month. ” This is the second increase that has occurred in the wages of operatives in that section within the last 60 days. The other was from 10 to 15 per cent, and in all eases the advance was voluntary. Simultaneously with the first increase in Rhode Island, equal improvement was made in the wages of all other New England woolen, worsted and cotton operatives. It is to be hoped that the others will follow in this ease. These signs are not indicative of ruin | either of the woolgrower or manufacturers. On the contrary, they show a betterment in all branches of tho trade and justify the predictions of the tariff reformers that the removal of the duty on wool w ould not only add to the value of the fleeces, but increase the business of i the manufacturers. Those who labored to excite the fear of the wToolgrowers have no doubt by this time discovered tho grouudlessness of their fears, and i tho country is the better for the change. !,—Kansas City Times. ' PROTECTION AND LABOR. High Tariff* Have No Effect on Wage* Except to Reduce Them. Tho American Protective Tariff league sends out from time to time blanks for | the alleged purpose of obtaining replies from manufacturers of the average number of persons employed and tho wages paid by them, as to whether these have increased or decreased under different tariff conditions. Unless trado conditions entirely change, wo think it will be shown that the wages paid during the last six months of the year 1895 and the number of persons employed in manufacturing industries are quite equal to the rate of wages paid and the number of hands employed in the last six months of 1891.

In other words, after the two tariffs had been given a fair opportunity to establish themselves, the conditions of wages nnder the low tariff would be quite as favorable as those under the high. In this way we believe will be demonstrated what we have always maintained, that protection had no effect whatsoever upon wages, except that of * indirectly diminishing them. The trouble with the statistics of the American Protective Tariff league is that they are prepared by interested individuals for a I purpose, and if such evidence as they obtain worked against this purpose, the statistics would probably not appear.— ! Boston Herald. The Beet We Ever Had. The country will see in any ease from the treasury returns now published that there is no occasion for congress to tinker the new tariff. Defective as it is, it has already proved itself to be the least burdensome and least objectionable tariff the American people have had since 1860, and in its provisions of free raw materials, by far the best under which they have ever lived.—New York Herald. _ » Result of a Wise Tarilt Occasionally there is a short lived strike on the part of some of the more impatient laborers, who are disposed to rush the business of raising wages, but it will be noticed that there are no more strikes on account of wage reductions. —Washington Post. Wh»t They Mean. - All signs point to plenty and prosperity next year, and those things mean Democratic victory.—Selected, i 7

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