THE ROANOKE NEWS, THURSDAY, OCTOBER 13, NEW ADVERTISEENTS. THE COTTON-TIE TAX. n Ml f Set fi Stores, Dwellings lings insured in the against loss by fire. LOSSES -: BY :- Rates Low. Rates Low. fii a nin. IWatU Low rates in the Standard Com- nmnifis eiven on ..J f o- and HORSE POWER GINS. Jb'or further Particulars Apply to lie Roanoke Sews' Ice. 5 1! Ufi. and other build- best companie FIRE PROMPTLY -:- PAID. Rates Low. Rates Low. STEAM, WATuR Southern Fanner Kolilied by the Monnply in-m-OV'.iu-i..- of Pip Mi-Kluli-v Tin-ill. Until twelve or fifteen voms ro raw f utt.i-.i wax secured in compressed bales by lii'inpfln '.)), 1 1 tit it whs fouml tli.it i narrow, light iron strap, with it siin- liiiii or Imcklo at the ends was tut more convcu-iut, cheaper ami cflici.Mit thau rope. Under such ciivinnstiinces no use of ropo for baling cotton was rapidly discontinued. The Pennsyl vania iron-masters boou found out that with the aid of n 70 per eent rate of tariff on the import of foreinu-inade ties, they would be in no danger from any formim importations, ami th.it n lmmoply of supplying the wants of American cotton -rrowere, at a cnrivs- pntidin advaneed rate, would be so- cured to thorn. Acc.ordintrlv thev in- fiisted that a 70 per eent dutv shoiii,! be levied upon all such ties. Hut lift or .1 tllViO tile cctisiiliici'K coiioiudud tl.ut 35 per cent and not 70 per cunt was the rate fixed by law and they secured a decision to that effect from the Treus. my Department. Even this dutv ai very much in excess of the rate imposed on these importations from I (OH to I Mil, when the domestic iron nianul'mi- ture was much more of au infant indus try, anil was amply sutllcient to keep out all foreign importations, ho that the entire revenue from such imports iu 187H amounted to only SI, 2-7, not enough to pay the cost of collection. Thus the manufacturers already had the entile market to themselves. Their onlv dissatisfaction arose from tho fact that under the 35 per eent tariff duty they could not increase tho price of tlieiv goods to American consumers without thereby running the chuueo of increasing the importation of foreign manufactures m competition with them selves. But when tho McKinley bill was un der consideration tho iron-hoop manu facturers secured an advance of tho duties from 35 per cent to a rate which the Senate Committee on Finance re ported would bo equivalent to 103.71 per eent ad valorem ; tho specitie duty adopted of 1.3cout3pcr pound varying in its ad valorem relations as the market price of iron risos or falls. When this matter was before tho Senate, Senator Allison conceded that the change in tho duties was au increase equivalent to 100 per cent on the duty then existing. Cotton ties are sold in bundles con taining SO ties each, and weighing from 00 to 55 pounds. Six ties, at least, are used on each bale of cotton, or 10 to 11 pounds. The cotton ties imported in 18U0 were invoiced at an average value of 1 4-10 cents per pound. On this basis tho now duty was equal to 93 per cent. On a nierelv nominal import m tho last fiscal your, 1891-92, the Treasury reports the speeino duty collected as equivalent to 88.05 per cent. Those rates have been practically prohibitive of all importations of ties of foreign manufacture. The old rote of 35 por cent ad valorem amounted to a tax oi 5 ul'-lOO cents per bn;e. Tho new duty is equal to a tax of 14 3-10 cents per bale on tho basis that 11 pounds of ties are used per bale ; which estimate, il will be noted, agrees very closely with tho Btatoment of Senator Allison : 8 and 5 39-100 equal 13 39-100 cents. The cotton tie tax is a burden im posed upon a siuglo important industry under tho false claim of protection to another industry. The Southern farm ers must now pay a tax of 14 3-10 cents per bale iu order to enablo tho iron manufacturers of Pennsylvania and Ohio to make cotton ties and sell them to .tho planters for 88 5-10 per cent more than other people would bo glad to furnish them. A 11 3-lOceuts tax on a single bale is not much ; but a 14 3-10 cents tax on the estimated crop of 1801, supposing til the eotton to be baled with iron ties, as it mainly is, amounts to over one million two hundrod thousand dol lars (81,200,000). And this appro imuloly represents tho sum which the representatives ot one of the suii.Ucst branches of tho domestic iron industry asked and had given to them by a Ite- pubhean Congress as a reward for pros editing a business which has no more 'claim on the country for support or ev.it uitv than has tho digging of pola toes, the shulline of corn, the driving cl hackney coach, or tho shaving of men's faces. A reference to tho " Commerce anil Navigation Report of the United State .treasury for 1891 would havs shown that on the comparatively small quantity of ties imported 1891-92, the Government collected 88.05 per cout of their foreign market value. This tax was not only paid primarily by the Southern farmers and laborers who produced the cotton, but it was a burden upon ihem ultimately and ex clnsively. They could not aud did not hid it to the price of their product in tho market and thus diffuse it upon tho entire community. The market price of cotton during tho last two years show this conclusively, for from 11 cents per pound in Nov York in SeptoniU'r, if'M, llio price has Rradttally decreased to less than 7 cents iu the suuimcrof 1892. That is, the planters have received less for the cotton now than they did before tho McKiuley liill, oud nolwithttiiuj- iug that th 'v have been taxed to the ex teut of 88.05 per ccut more on theii cotton ties than they had to pay two veins ago. It is a misnomer to call tho duty or rottou-ties u tux : form tliecase of truu tax the Stato receiving it under. takes to give something of protection, benelit, or relief in return to the tax pavers, lint iu this case there is no protection or benefit of any kind given to tne Amoneau cotton-farmer as a coin peusatiou for tho increased cost of the ties through the tariff. The act, al though sanctioned by legislation, if pimply spoliation and vobliery ; nnd spoliation and robbery of a class ol producers wlio least of all can afford to sustain the lumlen of a (Incriminating tux. aud v iioiu it is ti.t duty of the government to especia.ly foster and en courage. NEW ADVERTISEMENTS. Laying ail Painting Sm Elastic Roofing. THE IS ABSOLUTELY NON-COMBUSTIBLE and guaranteed to lust ten years. Costs ly endorsed by New York Board of Underwriters. Scud ptiuup for circular'-, samples THE GUM ELASTIC Costs only 60 cents per gallon' in barrel lots, that will last for years. TRY If L IQUOIJS AND GKOCEKIES I have a cotnple stock of Family Gro ceries of all kinds which I will sell cheap for Cash. I have also on hand and am constant ly receiving a large variety of LIQUORS. Such as whisky, brandy, wine, beer alo, porter, carbonated waters, &o. Call and see me on Washington Ave nue at tho lorold stand ot li. W. Daniel. W. D. SMITH, oct 18 ly STOP AT- CLEAN ROOMS. SPLENDID TABLEf "OLITE SERVANTS. Fare always the best the markets can at- ford. SERVICE NEAT, AND PROMPT . -NEAR THE COURT EOUSE- Baggage taken from and to the railroad station. NICE ACCOMMODATIONS! FOR -- LADIES. KATES $2.00 A DAY. Special arrangements for HnM by th or biciiui. R. G. REID, Proprietor. Sonthern Bote No. 14 No. 73 mar20tf Daily. Daily. PI I PftOTSEffl ThfTn; IB IU Camfor I'llea. Hrl'$l. H Le P.ellield, ,'i.lt cm. 3..V2 n. m IbiigiWsozMia.liow Vork uty. La Stony Creek, fil. a.m. 4..Up. m ' Arrive Petersburg, 0.50 a-ni. fi.12p. m ? ? 1 ?f lfhLfiuh. AU trci" rnn or! i.l Weldon to WaehiPv t- C L 6 liJa la loul P"'"- Bookefpar- ton. a Itfitieumrssent rRKK. r T T) MYFRS. T M l"XlrlNOV Mmm .M.WlHH.LhY,M.D. o . i V VAUaaUHV. OiJtoe M WbitthaU 8U Gen'l Superinteudent. Gen. Passenger ag GUM ELAS'LIC ROOFING or 84 fill for 5 gallon tubs. Color dark GUM ELASTIC ROOFING CO., NEW ADYERTLSEM KNTS. VV. W. R. R. $ BRANCHES Condensed Schedule. TRAINS GOING SOUTH. . r- DATED Si c'li 53 MAY HIST, "5Ba - b. ! M. 1'. M I A. M. I !:) hi fiOO 1 -10 I 6 M I 7 (IU "21" I I la rs 1 6 no S IS 17 00 I 7 40 1 i .id Ullll I Leave WeMon Ar Kocky Muuul..,. A r Tarburo LeuvTnrboro Arrive Wilson. , Leave Wilson Arrive Hflma Arrive VuvotievilW-, Leuvetioitloro Leave M'itisuw 13 1.-, 4 H 40 3 30 II M 19 44 11 25 Leave Mnjimlia .... Arrive Wilmington I 4 27 1 S 40 G GO 'J 5(S TRAINS COINO NORTH M t-. . . ft. a , oo . . is - s s cia , o S i '-S.5 A w -A v go10 A. M. A. M. P. M. Leave Wilmington rj:a 915 I 4 20 Leave MiiRiiolia lot 10,r.7 c, 02 I Leave Warsaw 1111 I 6 l. Arrive lioldshoro J 55 12115 7 10 I Leave Fayotteville o 10 Arrive Selma 1108 ArrireWilson 1 10 Leave Wilson SSS 1818 8 04. Arrive Rorlty Mt. 4 0.1 1 so 8 39 v Arrive Tarburo, 6o0 S IS Leavo Tarboro, 12 5S Arrive WeldoD, 6 05 55 10 00 Dally except Sunday. Train on Scotland Neck Branch Road leavo Welduii at 400 p. m. Halifax 4 it, arrive Scotland Neckal515p.in.(ireenville 6.'.2p. m Kinslon 8 00p.m. ReturniiiK leaves Kinslon 7 10. a. in. Greenville 86 a m. ArrivlnR at Ilallfux 1100, a. ru.,VveHloii 1185 a. m daily exeeptSunday. Local freight train leaves Weldon on Mon day, Wednesdays and Friday at 10 15a. m. arriv ing at Scotland Nerk 10-, a. m , Greenville 5 30 p. m Kinslon 7 40 p. m. Returning, leaves Kiii!toii Tuesiiay, Thursday and Saturday at 7 20, h. m. arrivintfiu Greenville 9 55, bcotluiid Keek 190. p.m. veldon 5 15 p. in. Train leaves Tarhoro N. C, via Albemarle aud Raleigh K. It. Daily except Sunday 4 40 p, m.. Sunday 3 00 p. m . arrive Wllliainston N. C. 718 p. m.,4 Sop. m. l'lymonlh 8 Sop m., 5 80 p. m. Returning leaven l'lymonlh daily except Sunday 6 a. m. Sunday 9 Oil a. in. Williamskui, N. C, 7 4" a. m. 958 a. m. arrive Tarboro 10 05 a. m, il -J a. m. Trains on Southern division, Wilson and Fay etteville Krancli leave FaeUeville 7 a. in.. arrive at Lowland 18 15 p. ru. Rt-nirning leave Rnvi lanii 12 15, p. m arrive at Fay.'ticville5 15 p. m. Daily eieent Sunday. Train on Midland N. (!. Ilraneh leaves Golds boro N.C., daily crept Sunday G 00 a. m., arrive Sinitlitielii, N. (',., 7 so a. in. Rctnrmn leaves Smithlield, N. C, nOOa. m., arrive Uoldsboro, N C. 9 30 p.m. Train on Nashville TJmnch leaves Rocky Mount at 5 15 p. ra., arrives at Nash ville 5 55 p. m., SpriiifrHope !i30p. in. Returning leaves Spring Hope 8 00 a. m., Nashville 8 35 a. m,, ar Rocky Mount 9 IT, a, m. dailyexeeptsunday. Train on Clinton J'.nincli leaves Warsaw for Clinton, dally except Sunday tit 6 00 p. m. and lii.ia.m Keiuming leave i.nnicu aisyi a m and 3 10 p. m., cou.ie. Ung at V. arauw with Koa. 40,41. 8) aud 7K. Soutlibouud train on Wilson and Fayettevillt Branch is No. 51. Northbound is 50. 'Daily ex cept Sunday. Trains No. 27 South, and 11 North will only stop at Rocky Mount, Wilson Goldshorn aud Maimol a. 1 rain No. 78 makes eloao connection at Weldon fi.rallp.uuls North daily. All mil via Richmond and daily except Sunday via Ray Line, also at Kooay mount iinny witn M.n i'K ann Carolina Railroad for Norfolk and nil points North via Norfolk. Trains make close connection for all polntt North via Richmond and Washington. All trains run s"lM between Wilmington and Washington and have 1'ullinan falac Sleepers aiuicnea. J.R.KKNLY, J F. DIVINE, Sup t Trans General Sup't. T. M. EMKRSON, ticu'l Tasaenger Agent. TLAXTIC COAST LINK. l'ETERSBURQ !k WLLDONR. R Condensed schedule. TRAINS GOlNtS SOUTH. No. -J Daily. No. 127 Daily. UstH May 31st, 12. Vein.- r.-iei.-'.i.ig, Lease Mouy Civek, Leave Jarratts, Ienve r.eUirlil, Arrive Weldon, 10. tlH am 10.50 am 11.11 uni 11. :tn urn l'J Kl ion :t.i;i p in 4.18 p m 4 4pTo 5 2:t p ni TRAINS GOING NORTH. only 82.00 per 100 emwro feet. Strong and particulars. PAINT red. Will stop leaks in tin or iron roofs 41 West Broadway, iNew xork. Y.rrTr:i ! r..r!. to, i.-.t I. 1 .-1.1.1 1 t ...I l.o are si!T?r- i irp .'r:.;n i-f.',' , IT.' good yo'.' rt.'.w.y ... ,"'.1 and is t.o- il.r hiont . I mal.y ll.unk, I il ii.-.h o.-.- ki'ow jllflt hr ?t t t. if mij v a '"i'l I j.avc. Villi) TE. CHE M. WALSH, South Sycaaore st., Petersburg, V. i.i west cash pricis guaranteed. All work warranted satisfactory. CHAUI.F.r oc n 1 v. M. AVALSH. TO Tin: PATRONS of t he- ALB KM ARLE STEAM NAVIGATION CO nitlPV TlfJC Between NORrOI.K i(t VUIUIV I INIC KASTEUN N. CAROUK B K-i C. 4 ft i 1 K C: ri x. r... "N r. s -, iPji. R I hi- ry I:';1 c c !" :r , I ' 1 ''' ffi rK'l.Ali'-r.riMA. V ' .. J -v 9 l1".;-?. 3l I prrtri-?; K-o'r -M' i ; ; 1 i Jd fcvV..-i-y l.r.'v V. . ; ' uli i.JjC Ll.Jj 15 V.tii: C'.KU t- lit.. 1 nr. 1 W ...v--.. I f jrn x:?' -.- rr7 ti.i-L gj fliSY '.!;.'.'... . Ivj :i. ...y i- i- S3 . -..I - ' yj-:n;.bym. V 1 IhJl ,-: ! CO., pi '" .: . -r.H.. iA. fe&' t& o Lg 1 On nd after Mondny, TlwinVf l?th, and until further notice, tho Bteamer CHOWAN. Cni.taiii Withv, will LEA -'E PIMNKLlNon Mondays Wed ncsdays nr.d rndma for EDESTON, PLY MOUTH and id ii'tcruifitiatc points on arrivHl of mail tra'n from Portsmouth, say 10.15 A. V. RETURNING iT.o "Chowan" will reach rranklin on Tuesdays, Thnrsdays and Satnnliiys at 9 15 A. M., in time to eonnt ct with Fast Mnil truin from Raleigh to p.iitsniontn and wilh Express train for the South. Passengers, by this nrr'nitement., taking the Steamer Chowan at a ly point on th river, will REACH XOni-OLK t.y 1 i oclock A. M., and thns have the entire di.y for the trans action of basin st in thit citv. GIVE THIS Rn'Tli: A TRIAL. Koi-pectfnPy, i. . nnnsRT tuakliu. Va.,De. 15. 183d. Bopt

Page Text

This is the computer-generated OCR text representation of this newspaper page. It may be empty, if no text could be automatically recognized. This data is also available in Plain Text and XML formats.

Return to page view