Rensselaer Republican, Volume 25, Number 8, Rensselaer, Jasper County, 20 October 1892 — Good Results to All Classes. [ARTICLE]
Good Results to All Classes.
Our import duties are laid with ’a view to covering the difference in cost of production here and abroad. Labor cost, or wages, constitute fully 9o per cent of this cost of production. Consequently our workmen receive nearly ail the benefit derived from protection. It is conceded by all that American wages are from do to 150 percent higher than in England, and from 100 to i,ooo per cent greeter than in other countries. The American farm laborer gets on an average S2O a month and found, while the English farm laborer gets but SB. The American iron-workers get $5.50 per ton for puddling, while the Englishman gets bnt $3. The American potter gets three times m much for the same work as the English workmen. Oar textile workers earn from two to three times as much as the textile workers in England. millions of men In the shops and tactorle# that makes good markets for farm products, and this is the reason why we consume 90 per cent of what we produce.
