try) to such a height that
people could no longer afford to deal in them, the idea was merely to
fix the price at such a figure that foreign goods could not be sold for
less money than native goods could be manufactured for.
The friends of the measure, Mr. Aldrich said, hoped in this way to
encourage American industries, and increase the prosperity of the
country.
There is much agitation in Europe over the Dingley Bill.
In the Italian Chamber of Deputies, the Minister of Foreign Affairs said
the Government was watching the outcome of the Tariff Bill with the
greatest interest.
He stated that the Government had called the attention of the United
States to the injuries that Italian trade would suffer if the bill were
passed.
He went on to say that while Italy did not intend to raise her tariff on
American goods in return, she would undoubtedly levy heavy taxes on
Americans doing business in Italy if the bill were passed.
The attitude of Germany is even more threatening than that of Italy.
The German Ambassador sent an official letter to Mr. Sherman, the
Secretary of State, the other day, saying that the proposed duty on
sugar is considered a violation of the commercial treaty between Germany
and the United States.
He requested the Secretary of State to call the attention of Congress to
the matter, and inform them that they will break the agreement with
Germany if they pass this clause of the bill.
He added a little hint of the course his country will take in case the
bill becomes law.
He said that in 1891 an arrangement had been made between Germany and
the United States for the importation of German sugar to this country
and the exportation of American pork to Germany.
He said in the plainest terms that if the Dingley Bill is passed in its
present form, the German Government will break the agreement in regard
to pork and other agricultural products from this country, and levy such
a heavy tax on them that it will not pay us to export them, so that this
trade with Germany will be ruined.
* * * * *
Mr. Havemeyer is now on trial in Washington for not answering the
Senate's questions in 1894. It is said that if he is found guilty he may
be sent to prison for a whole year, instead of merely for one month, as
Mr. Chapman was.
It would seem as if the Trusts were not going to have it all their own
way any longer. The Coal Trust is now to be looked into.
A referee
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