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Newspaper
Boston Post
Location
Boston, Massachusetts, United States of America
Date
Dec 08, 1887
Page
2
A colonial era remark argues for sharing the global market with foreigners, opposing artificial barriers to free trade and urging open exchange without protectionist limits. The statement frames foreign goods as part of a global marketplace to be embraced rather than restricted.
A long critique argues against protectionist tariffs linking Russia trade decline and wage suppression to a system favoring millionaires. It advocates free raw materials, partial tariff cuts, and abolishing duties on coal salt iron. urges lower taxes on spirits and tobacco while allowing alcohol for arts. It cites a duty list ending June 30 1887 and 1886 totals to reveal revenue shifts and calls for reform.
Arthur T. Lyman argues for a selective tariff expansion to the free list to reduce revenue waste and avoid broad congressional tariff upheaval. He suggests excluding essential foods and semi raw materials, items not produced domestically, and duties yielding little revenue to ease government costs and support manufacturing.
William Jones argues against tariffs on salted fish to keep prices affordable for the public. He notes weak evidence from a Senate committee, cites 1886 and 1887 New England mackerel runs and declining consumption, and warns the duty harms trade with Canada while offering little revenue. Canada trade figures are referenced to show the broader impact.
The piece argues that removing duties on imported fish would not harm New England fisheries and cites historical data from 1854 to 1887. It notes profits during free trade periods, highlights cities like Gloucester and Provincetown, and contrasts eras of protection with periods of reciprocity and free import. It emphasizes competitors with Canada and claims fishermen can compete on equal terms.
Edwin F. Atkins argues for addressing the surplus revenue first, then revising tariffs including sugar. He notes sugar tax yields 8 to 80 percent of customs, projects $55 million to $60 million revenue with no sugar tariff cut, yet domestic cane sugar production remains inefficient under 60 percent protection.
The article notes US cordage production at 120 million pounds with 7 percent exported and half of the remainder used for binder twine. Kentucky grows the hemp, totaling no more than 12 million pounds. Delegates argue for removing duties on foreign hemp while preserving a fair duty on the manufactured cordage, guided by Weston and Breckenridge’s positions.
In an interview Dana Estes urges moving sugar and tin plate into the free list along with spirits used in the arts. He argues foreign language books should be untaxed and supports free listing of raw materials for paper to boost exports and reduce a surplus. He envisions placing paper and chemicals used in paper making on the free list to foster trade.
Henry L. Pierce argues tariffs on copper sugar and machinery harm U S industry. He notes copper can be produced domestically and duties raise prices, curb consumption, and cripple trade to benefit a few fortunes.
The speaker argues tariff protection harms US industry by opening markets abroad to England, citing Chili trade losses after Britain removed duties, sugar and machinery duties disadvantaging American manufacturers, and patent royalties raising costs. He notes vast annual treasury payments and the need for frugal governance.
Codman argues the 2 per thousand feet tariff on imported lumber raises costs for builders and homeowners while enriching forest owners. He links higher native lumber demand to forest depletion, floods, and droughts as forests vanish, worsening soils and water cycles.
Paine Memorial Hall hosts a three day fair featuring a gypsy themed medium E Emerson who communicates with departed residents and a Gypsy Queen Mrs Otello Turner. Entertainment includes Mrs Wentworth Dr Roscoe Miss Scales and Mr J William Fletcher.
At the Tremont House in West Medford the opening event under Mr Mark Smith and wife entertained about fifty residents on a Tuesday evening. The table offered seasonal delicacies and service was noted as exceptional. Hon James M Usher gave a brief message wishing success to the new proprietor. Music and card playing followed tea with fine vocal performances by Miss Nellie Manchestr.
An elegant line of English Wilton Carpets suitable for halls and dining rooms has just been received by Joel Goldthwait & Co at 169 Washington Street.
A J Cameron & Co and W P Denegre support placing wool on the free list, arguing it would reduce costs, boost raw material supply, and expand markets for American woollen goods while limiting tariff revenue and opposing universal free trade. They contend the move would aid American industry, workers, and consumers.
In New York on December 7 the French syndicate rapidly buys lead, paying 525 per 100 pounds, up from last week. Copper and lead fears hint at prewar stockpiling, while tin buys appear masking a broader war preparation. Quick silver also climbs, from about 7.15 to 10.10 shillings in ten days.
Virginia's General Assembly met as the Governor urged a joint resolution to suspend legal action against coupon tenderers for taxes. The plan would use surplus revenue to pay interest on the state debt, hoping bondholders will accept the state's proposed terms.
The Evangelical Alliance began its conference in Washington with papers read by several prominent clergymen on important matters. Great interest was created by the proceedings and discussions.
scattered OCR fragment references to North Woburn Street Railway Company Old Boston National Bank Second National Bank National City Bank and an administrator order with a number of shares, but no coherent action or deadline is legible.
A fragment shows Shawmut National Bank Freeman's National Bank listed in a local ledger. The text references two financial institutions, indicating a banking sector note or transactional reference within the update.
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