Show LESSON NO XO 3 3 By Dy L. L A. A ck Well VeIl the infant Ind Industries have hav e become In industrial giants and the they no longer have to be fed r revenue OD ua from the general public t to tomake tomake a make up for their losses but the theare they y are hollering for a high protective cUve e tariff just the same A moderate e tariff which includes incidental protection pro pro- is well en enough nigh and that tha brings taxes to the govern government nellt bit bita but buta t a high tar tariff cuts tiff Oft taxes to th the e te government nt shuts out foreign competition corn com petition and arid raises tho the of th the e goods plus the high tariff and the th e American people have to pay thi this s extra high price price not not to the government govern govern- ment meat but t to the trusts A foreigner briJ brings g his cargo to ou our r shores He Ho exp expects expects to sell it to us and then buy a cargo of goods from us to sell in a foreign country thus he loads both ways which m makes kes it profitable for tor shipping When hen lie he sells the goods to us us' us ushe he must pay a a. tariff tax and to make a profit he lIe must add that tax os his goods and if that tax added to the price InIce of or his goods makes maltes it so high that o our r people people people peo peo- will not buy then he lie must eitl either or not trade with us at all or pay part of the tariff himself and thus cut ut his profits so low that he cannot afford to trade with us and he hence lee wh when he buys our goods to sell in a foreign market he will get a a profit only on on one one trip instead of the two trips and if it the foreigner cannot sell to us i with a profit he lie certainly will not buy buy- from us Cis be because uSe he lie will trade with another country where he can get get pay for Ms his trip both going and coming Therefore a so called high protective tariff cuts off ort our foreign Ign trade and our our foreign market that enables our own manufacturers or r trusts to add to a reasonable price of their goods nearly all of or the tariff tax and make us pay It ft not to the government but to themselves These big trusts are boosting neither i wages nor prices on farm products I but are figuring on their own profits exclusively Lately several times the price of wool was greater in the outside world market t tan laan lan it ht was in the United States but our wool shippers iMers could not take tale advantage advantage advantage advant advant- age o a of it because the tariff was so high on goods that foreigners would sell us us' us that they could make no profits on their own goods shipped to tous us its and hence if iff they bought our wool noel they would lose their profits on the cargo shipped to us and would have profits only on the late one trip trap That has the effect of or shutting off our foreign market and at oat the same time raises the prices of or goods that we bu buy |