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How Prices Are Raised

How Prices Are Raised image
Parent Issue
Day
5
Month
February
Year
1864
Copyright
Public Domain
OCR Text

-Congress proposes a duty en cotton oí two cents a pouud, wUereupon all tlie .sinall &mkt in spool cotton prepone to advtncc thc piióe ene cent upon each spool. Now as a pound of raw eotton .will ninke over ono liundred sponls of sewiug cotton, it is not easy to ippreoiate íbe íustice of tliis large advnncc n thc price of a yery necessary and important artick of da% use. But, wliile it is not easy to appreciatie this fact, it is but characteristic of the alv;incc in prices upon two thirds of the artieles in daily use. Just hiut at a -tpx of iiny kind, and fortUwith the }áyc is put up 10, 20, 30, 50 and 100 per cent Thc rule is put up the prico onoo whentho tax ia pvoposed, and onen more Tyhon it is paaeeá. Ai.d if thfidut} frlip, tbo pues u kfpt

Article

Subjects
Old News
Michigan Argus