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A Closed Mill

A Closed Mill image
Parent Issue
Day
25
Month
December
Year
1891
Copyright
Public Domain
OCR Text

" We are compelled to close our works," - says a circular issued by the Gilmore-Enstis rolling mili located at Cambridgeport, Mass., and one of the largest plants of the kind in New England - "on account of the fearfully high taxes levied by the republican party on raw material and the high price we are compelled to pay for old rails ïhere was a time whe.n iron rails were plentiful. They are now wiped out of existence and steel ones have taken their place. The last lot of iron rails we bought cost us $(5.72 per ton duty which scarcely paid us for the labor oí converting them into rods. Then there is the tremendously high tariff on pig iron. The inter-state commerce hui works greatlp to the disadvantage yi the New England manuafacturers Under these circumstances we could not continue business, for, to teil the truth, while we were not losing money we were unable to make it profitable.' Of course there are a few people in some states, like the Carnegie combine In Pennsylvania, vvho can make millions of dollars a year out of American and imported foreign labor through protective taxation, but tbey are very few when compared with the vast number who are injured. It is because many New England manufacturera are damaged by the enormous taxes levied on the materials they use that protection is cnanging their politics, and making tariff reformers of their most intelligent citizens. They are learning that taxation is destruction, and is elosing many milis and faetones. -

Article

Subjects
Ann Arbor Argus
Old News