The Tariff Speech of Hon Hw Seymour of Michigan in the House of Representa
The Tariff Speech of Hon Hw Seymour of Michigan in the House of Representa
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Take the article of salt, which is sold in Saginaw at 60 cents for 280 pounds, including the barrel, which is worth 20 cents, leaving 40 cents for the salt. If the President is correct when he says the duty is a tax, or, to use his own words, those who buy domestic articles of the same class pay a sum at least approximately equal to this duty to our home manufacturers, then if the duty is deducted, being at the rate of 12 cents per 100 pounds, over 38-f cents, the salt could be produced for 6-f... cents for 280 pounds. Who would believe that so low a measure of coet could be obtained, but will not rather wonder that salt can now be produced at that price with the duty added, that is, for 40 cents ? Let us examine further. The census of 1870 shows the production of 17, - 606, 105 bushels of salt, valued at $4, 818, 229, while the census of 1880 fixes the production at 29, 800, 298 bushels, with a less total value, but of the amount of $4, 817, 630. If such results as these happen, why is it necessary to put salt on the free-list, opening our market to the for- eign product, tending to produce unsteadiness in value, with no cer- tainty of producing any result but uncertainty ?
What to read after The Tariff Speech of Hon Hw Seymour of Michigan in the House of Representa?
You can find similar books in the "Read Also" column, or choose other free books by Henry William Seymour to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
Take the article of salt, which is sold in Saginaw at 60 cents for 280 pounds, including the barrel, which is worth 20 cents, leaving 40 cents for the salt. If the President is correct when he says the duty is a tax, or, to use his own words, those who buy domestic articles of the same class pay a sum at least approximately equal to this duty to our home manufacturers, then if the duty is deducted, being at the rate of 12 cents per 100 pounds, over 38-f cents, the salt could be produced for 6-f... cents for 280 pounds. Who would believe that so low a measure of coet could be obtained, but will not rather wonder that salt can now be produced at that price with the duty added, that is, for 40 cents ? Let us examine further. The census of 1870 shows the production of 17, - 606, 105 bushels of salt, valued at $4, 818, 229, while the census of 1880 fixes the production at 29, 800, 298 bushels, with a less total value, but of the amount of $4, 817, 630. If such results as these happen, why is it necessary to put salt on the free-list, opening our market to the for- eign product, tending to produce unsteadiness in value, with no cer- tainty of producing any result but uncertainty ?
What to read after The Tariff Speech of Hon Hw Seymour of Michigan in the House of Representa?
You can find similar books in the "Read Also" column, or choose other free books by Henry William Seymour to read onlineMoreLess
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