Rensselaer Republican, Volume 23, Number 7, Rensselaer, Jasper County, 16 October 1890 — HOW PROTECTION WORKS. [ARTICLE]

HOW PROTECTION WORKS.

Detroit Tribune. In the tariff revision of 1883 the duty on wire nails was doubled. We were then buying all our wire nails abroad at $6 a keg. Now, under the increased duty, whioh is a protective duty, we are making wire nailß in this country aDd selling them at less than $3 a keg. * There has been an increase in the circulation to the extent of $93,000,000 since October 1, 1889. This fact is obtained from a comparison of official figures at that date with those of the same month this year. The man who says the 'volume of the ourrenoy is being contracted is either needlessly and inexousably ignorant of the situation or is a mischief-maker who ought to he exposed.