Show The New York Press quotes this old chestnut about Lincoln and the steel and the 20 When an American paid 20 for steel rails to an English manufacturer America had the steel and England had the 20 But when he paid 20 for the steel to an American manufacturer America had both the steel and the 20Then Then it goes on to comment as follows fol-lows Americans have uaid 200000 times HO for steel rails this week America has the 300000 tons of steel bought by the railroad companies in their rush to take advantage of the break In the steel rail pooa consequence inevitable and long foreseen of the break of the steel billet Dool America has the 300000 times 20 she paid for the steel The great works are running at full time If at reduced profits The iron I market is looking up This is all because be-cause this Industry wasby the efforts of one man the only senator from Pennsylvaniapartly saved from Iks general wreck of the Wilson tariff But for the vestige of protection retained for this industry all this money all this labor would have gone abroad England would have had the 20 Of course it was this sacred vestse of protection that enabled Carnegie to outbid all the world for the Japanese contract for 10000 tons of steel rails and to put the price for them down in these United States to a fltrure below which any foreign maker of rails could not go But how familiar this old chestnut and the argument based upon it seem They areSofamiliar that one feels like saying How arc you old fellow > 0 + r |