0 6 VOLUME llNUMBER 29 & a. ir vv KK i r j '!' t t V r V If f .V - il WJ On m W "fjff i y E bE WW. Practical Tariff Talks When a business man not only voluntarily agrees, but Insists, upon a tariff tax being lovlod upon the raw material which ho uses in manu facturing, It is a safe proposition that therein ho has found a way to make money for himself. The strongest advocates of tho tariff on raw wool are tho woolen manufacturers of America. They stand for a tax of 11 cents a pound on wool, more than half of the value of each pound they buy. Inasmuch as less than GO per cent of tho wool used In manufacturing in America is raised In this country, it Is reasonable to assume that a tariff of 11 cents a pound would raise tho price of the local product 11 cents a pound, as the home producer could refuse to sell for less than tho manufacturer would have to pay for tho wool grown abroad. That was why 11 cents was tho figuro agreed on. This, however, is one of thoso beautiful theories that do not work out in 'practice. , Statistics submitted to congress in several recent speeches show that the average prico paid the American wool grower in recont months has been but 4 to 5 cents above the foreign price. Tho reason Is not far to seek. Tho prico of cloth In the American market is made by the woolen trust; nobody else dares make a price until the trust has issued its ukase. The amount paid for the wool to tho producer is subject to the same influence. No independent manufac turer dares to bid up the prico against tho trust, and thero is not that free competition between wool buyers that is necessary to insure that the home producer gets tho maximum price. In effect, there is but one buyer of wool and one price, varying, of course, with market demands and quality of fleeces, and, therefore, the tariff of 11 cents a pound does not add that amount to the homo price, which is fixed, not by supply and demand, but by the manufacturer. The tariff on cloth imported into America' and sold In competition with the home production is burdened, in addition to the ad valorem rate, with a specific duty of 44 cents a yard, which Is presumed to be the amount the home manu facturer must pay for the raw material enter ing into that yard of cloth in excess of what his foreign rival pays. This is figured on the basis that It requires four pounds of unwashed wool to make one yard of cloth. Aside from tho fact that this 1b a false assumption, therein lies an other bit of robbery. This compensatory duty of 44 cents a yard is based on the assumption that the tariff has raised the price to the manu facturer 11 cents a pound, whereas, as the figures show he has been paying but four or five cents more than he would if wool were free. He gets compensated 44 cents for an expenditure, at tho most, of 16 or 20 cents. A great many speeches have been made by republicans, in congress and out of it, warning the democrats that if they reduced the wool tariff below 11 cents a pound, disaster would follow. Probably tho last word on this topic came from Congressman -Willis of Ohio in a speech made in June, in which he declared: "I maintain that experience has shown that as soon as you get below the rate of 11 cents a pound duty on first-class wool you paralyze and practi cally destroy the wool growing industry of this country. If you put it down as you are propos ing now, to a duty of 20 per cent you might just as well put it to 5 per cent, because you will kill tho industry anyhow." Mr. Willis attempted to prove this statemont by citing these instances in the past where a reduction in duty was fol lowed by a decline in tho industry. In truth, statements of this character are the purest buncombe, and any argument based thereon Is entitled to no consideration. The primary purpose of a tariff on wool or upon any thing else is to increase the price of the do mestic product and thus induce capital to enter the industry. In fixing the amount of duty that shall be levied the governing consideration is how much is it necessary to increase the do mestic price over the foreign price in order to bring about the conditions desired in the par ticular industry. The tariff on raw wool was placed at 11 cents a pound because it was de sired to give the American wool grower that much of-ran .advantage , over the .foreign wool grower. -If, as is -shown -to be true, the taxing "of raw'wool ll'icenta a pound .increases the do- The Commoner. mestic prico but 4 or G cents, what justification remains for continuing it at tho old figure, and if a tariff of 11 cents yields a price increase of only 4 or 5 cents, how would a reduction, as proposed by tho democrats, below 11 cents, kill the Industry? C. Q. D. WATCH IT GROW Mr. Bryan has given instructions that every new subscriber shall receive The Commoner for a period of two years (which will carry it be yond tho presidential election of 1912) for the sum of one dollar. Every Commoner reader is asked to secure at least one new subscriber.. Many will be able to secure more than one. Everyone, however, may render some aid in this work. 5 Justis, Kan.; N. D.; Wm. B. C. Berry, P. P. Bingham, Pa. Enclosed find money order for one dollar for the renewal of my sub scription for The Commoner. I want to indorse Mr. Bryan's stand upon the wool tariff, also'all of his anti-trust views. .. J. S. Hamilton; N. J. You may renew my subscription to The Commoner, also send it to my brother, Dr. A. R. Hamilton, Pa. I wish to register my protest against Mr. Underwood's position on the wool schedule and to say that I as well as any number of my democratic friends stand squarely with Mr. Bryan on the free wool proposition. My choice for president at the democratic convention will be that democrat who receives the indorsement of Mr. Bryan. He will bo a progressive and will be bitterly opposed by the trusts. Bailey doctrine must be destroyed. W. D. Olmey, Iowa I heartily approve of the work you are doing, as outlined, and will give it attention and do all I can to help to push the good work of your splendid magazine. Whitfield Tuck, Winchester, Mass. Enclosed is the fifteenth subscription card I have sent you within a short time. The people want to hear what Mr. Bryan says for they believe in him.. Yours for victory in 19f2. The following named readers have sent in new subscribers: Andrew N. VanHorne, N. J. ; A. J. Liriebarger, 111.; G. C. Nailor, Dela.; Jno. M. Doty, 111.; F. N. Grube, N. Y.; E. J. Mentzer, Ind.; Jno. E. Down ing, O.; W. O. Bledsoe, Cal.;-J. K. Murphy, Tex.; Miss G. E. Keyes, W. Va.; C. H. Ayres, Mo.; G. E. Stechert, N. Y.; M. S. Geo. Setzler, Kan.; H. L. Berry. Spray, O.; R. F. Collins, Wash.; Ky.; Solon Rece, W. Va.; U. L. Mann, O.; S. R. Chappell, Ind.; W. H. Dickson, Tex.; C. B. Wet more, O.; Mrs. Ira D. Ruddell, Mo.; Wm. M. Beebler, Neb.; C. A. Lonsinger, O.; W. B. Brad field, Cal.; Thos. K. Davis, O.; R. E. Requarth, O.; W. A. McAllister, Mo.; J. M. McCoy, la.; L. B. Grace, N. Y.; J. H. Trout, Idaho; P. J. Miller, Cal.; Woods Bros., Neb.; W. R. Bowles, Mo.; J. D. Hammond, Cal.; L. C. Streator, la.; A. G. Sloan, Okla.; P. A. O'Connor, N. J.; Mrs. R. McCaull, la,; P. Stolp, Mich.; I. J1. Poling, W. Va.; L. K. Paine, Mass.; J. D. Hunt, Okla.; J. R. Churchill, O.; J. W. Parris, Mo.; E. L. Durham, Ind.; Mrs. O. P. Kellog, 0.; A. J. Anders, la.; Dr. B. T. Radcliff, Ind.; Whitfield Tuck, Mass.; Thos. C. Kelly, O.; Wm. Burke, Mo.; M. C. Free, O.; J". W. Howe, Kan.; P. M. Miller, O.; D. H. Hammons, 0.; Jno. Wigand, O.; H. E. Button, la.; J. A. Sellwood, Ore.; J. H. Schluoter, Mo.; Chas. Perry, la.; H. E. Moore, Mo.; H. L. Berry, N. D.; Fred W. Schultz, 111.; Jno. Stedrousky, S. D.; W. H. Dunphy, Wash.; Hugh'Mooney, Mo.; W. M. Hunter, O.f J, b. Kendall, 111.; Daisy Hollingsworth, Tex.; Norman Yadon, Mo.; Oliver Kearns, Cal.; T. B. Pielus, 111.; Jas. Pox, Ariz.; T. D. Stewart, W. Va.; D. C. Walker, Ore.; J. L. Weeks, Conn.; J. J. Rogers, 0.; S. P. Bandy, Pa.; L. P. Bergman, O.; Wm. Surman, 111.; T. E. Hughes, Okla.; Clinton Bybee, Tex.; W. J. Gray, Tex.; H. B. Hopkins, Cal.; Jas. Rogers, Va.; Oscar Howell, La.; Geo. Putt, Ind.; J. S. Patton, W. Va.; E. H. P. Schneider, Kan.; Henry Balloon, Tex.; J. R. Holt, Ark.; T. P. North, Kan.; H. S. Grover, Colo.; W. H. Pace, Md.; C. W. Leesher, Mo.; Perry Clark, Neb.; W. J. Semmons, la.; R. S. Scott, Mo.; S. T. Duncan, Mo.; J. C. Roe, 111.; S. P. Munson, Vancouver, B. C.; Jno. Lovejoy Tex.; G. W. Deahl, Tex.; J. W. Paterson, N. Y.; H. D. Ferrell, Kan.; J. E. Akron, la.; E. L. Yost, Neb.; Henry Oakes, la.; J. J. CUbertson, Wash.; D. L. Rogers, Mo.; A. L. Overton, Tex.; G. H. Mann, N. H.; G. A. Guyman. Mo.; Fred A. Howe, Neb.; A. S. Merrin, Mo.; T. H. Potteri Va.; Wilbur Patty, O.; W. A. Clopton, Tex.; Wm. Ladd, N. Y.; J. C. Wiley. Colo.; Alfred Jaques,. Minn.; Jno. J Keatin,Hl.; Wm. Jtunyan,; .Kan,rJne E. Taylor. JTla.J.'P. Weisman, .0, ; ; C. 'Klbler, N. D.; Thos. -Brown, Kan.;. H. -S.' BARGAINS IN WOOL Representative Finly H. Gray, In house of representatives: "The woolen manu facturers can well afford to make the bargain, for they do not live up to their "promise to divide the tribute collected from the people with the wool growers. And if they did they would only have to add the increased price of wool to their cloth and collept It back off the consum ers and would make the wool growers pay their own tribute. "During the last thirteen years the tariff upon Indiana wool has been 11 cents per pound and yet the average Boston price has been only 4 cents above the London market for the same wool and the average price for 1910 is only 1 cent a pound above the foreign market. The reason for this is plain. The farm ers and wool growers have never been able to organize and co-operate to hold the wool, while the woolen manufactur ers have long been combined as a trust and thus as one buyer they offer the wool grower whatever price they see fit to pay and the wool grower has to take it. "But that is not all. While the wool growers have been induced to support a tariff on woolens on the promise of being allowed to share in the tribute collected from the consumers of woolen clothing, the woolen manufacturers have been col lecting an average tariff tax of 90 per cent off of the American people, includ ing the wool growers themselves, amounting as variously estimated from $175,000,000 to $200,000,000 annually. "While under this promise to divide profits with the wool growers and while the American people have been paying $175,000,000 to ,$200,000,000 annually to stimulate the sheep industry, the number of sheep in Indiana has declined from 832,856 in 1900 to 710,238 in 1909 and the wool clip from 4,537,975 pounds in 1900 to 1,644,638 pounds in 1909." ' Schall, Pa.; P. E. Linn, Ore.; P. W. Ball, Mich.; E. Estill, Cal.; T. L. Turner, Me.; W. L. Ragan, Mo.; J", E. Norris, Ark.; J. G. Conine, Wash.; Jas. M. Robenett, 111.; A.-La Due, Fla.; P. J. Obeirne, N. Y.; W. R. Love, Kan,; Geo. W. Cook, Mo.; Prank Powers, Ariz.; Mrs. M. M. Peake, 111.; Mrs. Alice Garwood, O.; B. A. Kirchner, la.; Jno; Caulfield. Mich.; Jos. P. Hartman, N. D.; Wm. J". R. Raum, Neb.; Annie Laurie Price, Tenn.; J. P. Biggs, 111.; J. P. Gereke, Neb.; J. Hamilton, la.; G. B. Hart, Ore.; E. W. Newman, Cal.; C. A. Overlander, Ore.; Russell & Wait, N. Y.; G. W. Sies, la.; S. H. Aldrich, 111.; W. W. J. Pye, Tex.; Claude Coffey, Mo.; Hartwell D. Powell, 111.; Thos. Douglass, Ark.; A. W. Tinney, O.; J. M. Davis, Ore.; A. J. May, Ky.; R. E. Bruner, Mo.; Wm. M. Dent, W. Va.; J". W. Van Mater, Neb.; H. L. Berry, N. D.; Chas. Lund quist, Mich.; E. B. Andrews, Ark.; Jno. N. G. Smith, Okla.; G. P. Wilson, Colo.; J. Bentley, O.; Jno. Haas, O.; P. D. Cutshall, Pa.; B. B. Overmyer, O.; Albert D. Weeks, Ind.; Jno P. Brown, Mo.; A. L. Paler, Wash.; J. D. Evan, Wis.; W. P. Wycoff, O.; O. B. Pettit, 111.; J. P. Hobbs, la.; J. B. McClain, la.; H. A. Gower, Wis.; Lloyd Stull, W. Va.; A. J'. Johnson, la.; W. A. Haile, Ark.; W. P. Yessler, Pa.; R. Derby, jr., O.; O. O. Pettit, 111.; C. M. Fonder, S. D.; Jno. Shamon, Ore.; M. E. Herrlck, N. Y.; W. J. Lerch, Pa.; J. DTWinsted, N. C; J. J". Hallums, Tenn.; J. W. Boeing, N. D.; J. J. Braselton, 111.; N. Nish, la.; F. J. Steldl, Minn.; S. W. Ander son, Va.; J. J. Smith, 111.; J. C. Custer, Mo.; J. S. Darrah, la.; T. C. Andrews, Tex.; Thos. McCarty, Ia; Wm. Miller, Wash.; Geo. W. Myers, Ore. WHY THEY PROTEST Chicago Tribune: Mr. Bryan, who serves notice on his party enemies that he will not submit to be cudgeled or scoffed into silence, may take this comforting knowledge to himself: There would be no objection to his counsels or his advice if men influential in the democratic party, but opposed to him, did not recognize him as still powerful. If what Mr. Bryan said went to careless ears hia party, opponents might grin, .but -they, would, not, protest. ;They -do protest,,and the grin-iswMr. .Bryan's. S?i I- r.T"i '.' i V" - ' " ml Willy L2liiili!aK1i