Rensselaer Republican, Volume 25, Number 10, Rensselaer, Jasper County, 3 November 1892 — A BLESSING. [ARTICLE]

A BLESSING.

/PECK’S FIGURES CONFIRMED, Indisputable Evidence that the McKinley Bill has Blessed the Country. It Has Given Employment to Thousands and Established 4 Many New Industries. The American Protective League recently sent letters to persons in control of industries which -It is claimed have been established or iui creased by the McKinley tariff ask- | ing information sa to the number of ; persons emplqvefy the character of i the prqdyt&r'ajifa the amount of invested. The American } Economist will to-morrow print many t brthe reptieß receiv€Sa by the league. Taken together the replies show that 37.387 persons have found employment in the industries referred to, while in the same industries the ini creased capital employed amounts to 640,499,050. The reports, it is said, are incomplete, and the American Economists claims that about 75,000 persons are now employed in industries actually established or increased by the new tariff. It is pointed out* that only thirteen plantoaeeeepCßed as manufacturing tin or terne plate, whereas there are said to be nearly thirty establishments of the kind in the country, and in the manufacture of pearl buttons only six plants are covered by the reports while more than fifty new factories have been established since the McKinley tariff went into effect. Stamp with care inside the Eagle ..square^. -.... The Census Office lias issued bulletins giving statistics of the manufacturing industries of St. Joseph, Mo., and. Cincinnati, O: The percentages of increase in St. Joseph are given as follows: Capital invested, 220.37; number of hands employed, 89.28; wages paid. 116.04; cost of materials used, 129; 27; value of proI duct at works, 108-34. 1 The percentages of increase in Cincinnati' are given as follows: Number of establishments reported, 101.13; capital invested, 76.70; number of hands employed, 58.58+ wages paid 119.20; cost of materials used, 31.98, value of products at works, 61.15. I Stamp with care inside the Eagle square. -