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Our Precious Tariff

Our Precious Tariff image
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The Canadian newspaper Hardware, published at Toronto, has an editorial article, under date July 18, discussing the reasons why American pig lead is sold in Montreal at $3.60 to $3.75 per cwt. while the price of the same article in New York is S4.40 to $4.45. It relates the experience of a Canadian buyer in New York, who asked the price of pig lead of a firm of metal dealers, and received the answer, $4.40. The Montrealer replied, "I will sell American lead in Montreal at $3.75 as an outside figure," and he added, "You could have knocked them down with a feather." The reason why American lead is sold to foreigners cheaper than to Americans is that we have a precious tariff for the protection of home industry which puts a duty of two cents per pound on pig lead. This enables the producers to charge the American con sumer more for it than they could otherwise get. So of course they can afford to sell to Canadians for less. It is all very simple. The same thing is done with hundreds of other articles. - New York Evening Post.


Old News
Ann Arbor Argus