Speeches Addresses And Letters On Industrial And Financial Questions to Which

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" FARMERS, MECHANICS, ETC. , NEED PROTECTION. 300 who is fond of a joke, said to him one day, "Mr. E. , I think I shall go with the free-traders on the iron sections of the tariff bill, especially on pig-iron. " " Why will you do that ? " was the response. " Well, my people want cheap plows, nails, horseshoes, etc. " " But, " replied the old German, " we make iron in Pennsylvania ; and if you want to keep up the supply and keep the price down you ought to encourage the manufacture. " " But you ...know, " said our chairman, " that a protective duty is a tax, and adds just that much to the cost of the article. " " Yes, I suppose it does generally increase the cost of the thing just so much as the duty is; all the leaders of our party say so, and we say so in our convention platforms and our public meeting resolutions ; but, Mr. Schenck, somehow or other I think it don't work just that way mit pig-iron. " [Laughter. ] The gentleman, while admitting that protective duties do not always, or even generally, increase the price of the manufactured article, thinks " that somehow or other it don't work that way mit pig-iron.

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