Republican news item. (Laport, Pa.) 1896-19??, January 03, 1907, Image 2

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    iC-ZSUBiiCAai hi IWS ITEM.
CiiAULfS L. WiflG, Editor.
Published Every Thursday Afternoon
rty The Sullivan Publishing Co
A.t the County Beat of Sullivan County,
I.AFOHTE, PA.
W C. MASON, l'residen.
TIIOS. J. INGHAM, Sec y £ Treas.
Entered at the Post Office at Laporte, as
second-class mail matter,
/~*(>NI>ENCEI) REPORT 01 i lie condition of The
Wir*t National Bank at Dushore. in the State
•t' Pennsylvania at close of busineM Nov 12th,
11)06,
KESOL* RC'ET.
Loan* and discounts. $1,90010 73
« ver «lvaits 1 '
is. Bond* to secure circulation 50,000 00
I'milium on r. S. Bonds 1,50000
Mock securities 180645 27
rum iturc 90000
1 >ut> from Bunks ami approved Kcs. Agt. 71.170 62
li-deniption fund 1. s. Treasurer 2,500 00
Special and Legal Tender notes 19,31s 77
Total $468,962 83
M ABILITIES,
"iipitAl $50,000 00
si '-plus and undivided profits 25,578 31
< ovulation 19,300 00
Dividends unpaid 15 00
I»' [**ils 343,85962
Total flfis.9s2 83
State of Pennsylvania County of Sullivan ss.
I. M. D. Swart* cushicr of the above named
li.iiikdo solemnly »wear that the abovy statement
i.- t: ue to the best of inv knowledge and belief.
M. I>. S WARTS. Cashier.
Subscribed and sworn to before me this 16th
il:i\ of X#v. V.MHi. AI.bHKTF. HEESS,
My commission expires Feby 27,'0i). Notary Public.
Correct Attest:
J. I». RICES Kit )
s. 1). sT EKIGERK - Directors.
S A MI'EL COLE, )
FOLEY3KONEIMCAR
yi&ps the cough and heals 2ungv
EXPORT DISCOUNTS.
A COMMON PKACTICE IN FREE TRADE
GREAT BRITAIN.
l , i , t:uuftN uf Industry la the L'uited
Kingdom Are Sold Abroad at Price*
Murh Lowor Tltau Those raid by
lirilisli (oiiNumers.
It has been a favorite boast of the
Englishman that owing to Great Brit
ain- system of free trade lie could buy
the products of British industry in his
own country for less than those prod
ucts were sold for anywhere else in ;
the world. lie claimed that the opera- :
tion of free trade was to make his '
hunt' market the cheapest for the out
put of his domestic Industry.
It is no longer possible, if indeed it
were ever possible, to make this boast
truthfully. 'Hie manufacturer in free j
trade England makes one price to his ;
customers at home and dumps his sur- i
plus output upon foreign markets at j
lower prices. In the one great country
in the world without protective cus- j
turns duties there are to be found two
prices for the products of domestic j
manufacture, the higher for the home
consumer, the lower for the foreign
purchaser.
The truth of this statement is proved
beyond question by evidence gathered
from a variety of trustworthy and in- |
depe deiii sources of information in
the 'nited K'ingdom. Some of that In
formation is here presented. The con- (
dition that confronts the manufacturer
in free trade England is well summed
tip la the words of the chairman of
oue'of the principal electrical compa- j
i i 's in Great Britain, "An anxious j
seller takes the best price he can get." j
British sellers nowadays are usually
anxious sellers.
Without a protective market at home
for their product, they have to face a j
great and growing competition in other !
i. .els The nest prices these anxioi'H
s. leas can got in colonies and in for- i
s countries are often less than they
Uuir.-i- at their factory doors. Very
i.i'ten. it is true, they sell their gjods
at the same prices whatever the mar
ket. But \ cry often they do not. Thus
tin.: • free trade there has been devel
oped a system of dumping upon for- j
cign markets goods made in England j
at lower rates than the prices for home !
consumption.
l.et us look at specific examples:
Take as the lirst of these one afforded
by the British Westiaghouse company. |
a highly important manufacturing or
ganisation. It is the admitted custom ;
of tiiat company to mark down prices I
for ail export quotations, and the same j
practice is common throughout the elec
trical trades. This practice has great- j
ly inereas I of lite because of tlie en
hueeinent of plains in England seek
ing orders. This development of plant,
because of larger supply, dou'itle*:
car. Ed all prices for electrical goods to
fail, whether for the home or the for
cign market. But one of the large/:
of these electrical manufacturers a a
thorites the posi: ive s' a 'eau'.-t that the
fail was greater in the prices for sa! •
abroad than in prices for the bona
market.
This same lnanafact irer cites an il
hi- ration from his own experience, lie
took a heavy order from the Transvaal
for electrical mining equipment fo
$115,0110 against American competltio
The result of this sale was a practical
10-s, but it helped to keep his works
g ting. Nevertheless - and this is the
important point to bear in mind—this
manufacturer declares that he would
not have accepted such a price for a
similar order at home. Yet his estab
lishment is in free trade England. The
simple explanation Is that In the stress
uf competition and under the necessity
of keeping a large plant fully employ- ]
ed in order to minimize tr.e dead cost
of Its maintenance when idle some or
ders must be accepted at lower prices
than others. In the nature of the case
the fiercest competition has to be met
| in foreign markets, and It Is conse
j queutly there that the manufacturer
:| finds it easier and better to make re
j duc-tlons. Seemingly the contiguity of
. factory and of purchaser In the home
; , market should operate against this
• , process, but as a matter of fact it does
j not.
j Xor is the English manufacturer's
) payment of freight charges the only
! | way in which he sells at lower prices
! abroad without the difference being ap
j parent to the superficial observer. The
; Englishman often pays as well the im
-1 j port duties for admission into the for
i eign market. A certain Glasgow firm
ij; shipped 200 tons of bone charcoal to
i Philadelphia. The price charged by
' j this firm to home consumers of bone
'| charcoal was SSO per ton. The Phila
delphia purchasers also paid SSO a ton
for their consignment. But the Gias
' gow manufacturer actually received
| only SJO per ton, because they paid the
; American duty, which was $7.88 per
: ton, plus the freight, which was $2.12
| per ton. What is that but selling at a
lower price to the foreigner than to the
, home consumer? That is only a slight
j illustration and not at all an exeeptlon
: al Instance.
A maker of Sheffield steel goods as
serts that ns a rule he obtains higher
prices abroad than In England. His
assertion, however, applies to a high
class of goods, certain tools, for exam
ple, which have special trademarks of
worldwide reputation. Such goods are
| sold on that reputation rather than at
, competitive prices. The purchase of
: such articles Is little more than a sign
j of wealth In the purchaser, and It may
j easily be, as seems the ease In this par
j tieular instance, that the ordinary con
j dition Is reversed and the home market
is made the dumping ground to keep
the plant going and to dispose of the
surplus. It Is admitted In Sheffield
that this condition of higher prices
abroad does not apply to Sheffield prod
nets of lower grade, In whose sale the
| question of trademark plays no part.
Moreover, these occasional examples
of higher prices at home than abroad
for domestic products occur in other
j countries than in England. Quite re
cently a Berlin manufacturer sold a
: motor to a London contractor for
I $157.50, and he admitted that he could
; only get $l5O for it in Berlin. Tot
j Germany is not a free trade country.
i ————
Just the Opposite Effect.
The president meets the Bryanite
programme of assailing the tariff as
j the incubator of trusts by reverting to
his familiar argument that the aboli
tion of protection would have Just the
; opposite effect of that they clahu it
would have. It would extinguish the
independents, the smaller corporations,
1 and leave industry at the mercy of
our foreign commercial rivals. Cer
tainly it Is difficult to conceive of a
tariff system that should prescribe du
ties applicable to A, but not to It, and
at the same time be safe from hostile
judicial interpretation. Vet If the
Bryanites have any other way for
I reaching the trusts through the tariff
i they have not taken the country into
their confidence.—Bostou Transcript.
cinlsl
RHEUMATISM!
LUNBIBO, SCIATIC AI
NEURAL6IA andl
KIDNEY TROUBLEI
"i-DROPS" taken internally, ridi the blood H
of the poisonous matter and aclda which ■
are the direct causes of these diseases. ■
Applied externally It affords almost In- H
■taut relief from pain, whiles permanent ■
cure Is being effected by purifying the ■
blood, dissolving the poisonous tab- ■
stanoe and removing It from the system. ■
DR. 8. D. BLAND I
Of Brewton, Ga., writes: I
"1 bad been a .uHerer for a nomtor of fHn ■
with Lumbago and Kbeumatlam la my am,
and l.ff«, and triad all the remedlee tbat I ooalri H
gatber from medical worfce, and aleo consulted ■
with a number of the beet pby.lclan., but found H
nothing that gave the relfet obtained from H
■•(-DROPS." I eball nreeerlbe it In my preottee M
lor rheumatm and kindred dlaeaMa" ■
FREEI
If yon are suffering with Rheumatism, H
Neuralgia. Kidney Trouble or any kin- ■
dred disease, write to us for a trial bottle ■
of "t-DROPS," and test U yourself. ■
. "S-DROPS" can be used any length or ■
time without acquiring a "drug habit," ■
as It Is entirely free of opium, ooeains, ■
alcohol, laudanum, and other similar ■
ingredients. ■
Xr&gZXL 0 "-* 1
IWAIIOI RHIBHATII BOIIIKHHAIY, ■
De,t. SO. IS* Uk, StrMt, Chleef. ■
John D. Reeser's Big Store, Bank Block, Dushote, Pr.n'a
CAan DnPdfRTAMT 3T
; "Big Reduction on Holiday Goods of Every Day Needs.
Just received a Manufacturer's line of swell coats-stripes, plaids,
reds and blacks, also browus.
The Manufacturer's loss is youur gain. So come early and
'lcok these swell garments over. They are sold 1-3 to 1-2 under
value. Yon can't aford to miss this opportunity.
John D. Reeser's Big
' v r ' / v y i T "< i DTJSHOBE ■
Cultivate the Habit of buying reputable
good from a reputabe concern
We are ag-ftts for W. L. DOUGLASS SHOES fro< 2.50
A °OOD ASSORTMENT
\ \\ of CHILDRENS' and
LADIES' Heavy Shot
Clothing Made to Order
All have the right appearance and guaranteed otsd
in both material and workmanship andjprice rate.
We also manufacture Feed, the Flag Brand. It is not cheap, but
good. Is correctly made. Ask your dealer for it]or write us for prices.
NORDMONT SUPPLY Co.
General Merchants, 'SSS'ISS SBX"
isTOB :p:tv£OisrT. F_A_.
Short Talksoosn s 1
Advertisind
No. 19.
People generally read advertisements more than they did a few years ago.
The reason is to be found in the advertisements themselves.
Advertisers are more careful than they used to be. They make the advertise
! ments more readable. Some of them eveu become, in a ___
! way. a department of the paper, and people look for them
| every day with as much *est aud pleasure as they turn to /'TX,
| any other feature.
This is true of many department stores all over Kl/*/
i In many cities there is just one man who appre
; ciates the value of such interest. v j
He breaks away from the old set style. He tells / ?
something interesting in his space every *- . )j?T I
There are lots of interesting things In Jy 0/ ®
business. Look over the miscellany page of
any paper—look at its local news columns, J
aud its telegraph news, for that jpatter, M 1 -
and you'll see that the majority of the
items are more or less closely related to ' mm
some business fact. yro
Dress these facts up in a becoming .. Ut tU mtrchaHt c „ mt d „* off hit
garb of words, and they will find readers, ftdrsui."
even though they be in a "mere advertisement." Let the merchant come
down off his pedestal and talk in his
WW He needn't be flippant—far from it,
but let kim not write as if he were ad
a |0 dressing somebody afar off, and telling
J-j; j» pp - HNf him about something at even a greater
IfljjgjE | |[A The newspaper goes right into its
reader's house—goes in and sits down
is on 'he table when he eats, and
' in bis hands while he is smoking after
KFKzO' — 1 weal. It reaches him when he is in
an approachable condition.
WmmM That's the time to tell him about
your business—clearly, plainly, con vine.
Jgil ingly—as one man talks to another.
*n» nrutpmftr /w right iuit its rWi _ . . _ .
kmut mmd liti drum with him.* OUrit Atutm B»tu, Nru Ysrk.
'PIJOM oi|> ck |sc*u oi|> t
I 3AIVB FHTTTIVA
I ; t fit imiTo PiTFST n;od Ideas
'. T I I J! "m rosy »•■.• secured l»y
it jk | II'I ■ our aid. Address,
iMiMHII rHEPATEN^ E m c rV
tHtbscrlrUous to I'to ] »Mai Ilcror.l #I.OO i>er annum
—— *m
I \ t^ie standard cough and cold cure ior oyer
Jii 1 I JZ* 75 years now comes also in a
P Y DBfTn DA NT v °"'' size
1,,4/V 1 JL Vy 1 M. 1906 ALMANAC FREE. Write to Dr. P. Jayne & Son, Philadelphia.
Williamsport & North Branch Railroad
TIIMirE TABLE.
lu effect Monday. Si p. 2*>, 1900.
Read down Reml up
Flag stations. where tinu- is marked "i"
AM I' M I'. M. r.M PMAXIA. M. A M STATIONS. AiiAMA.M.A. M. PMI' M I'M I'M
10 15 12 50 -1 20 ft 21 f'» 80' 10 20 7 50' Halls... . 6207 00 987 12 !•"> 100505 960
10 20 12 55 M28525083 112 10 25 f75? Pennwlale ... 112. 15 757 988 12 12 850 500 955
10 .»0 105 132535 ti 11 10 35 HOl , Ilnghi'svillc... 605 7 4?* 922 12 «(» 8454 5o 9 1 »
1 13 439 5 42 6 ti 10 42 f8 00 1 icture Kockk t> 15 10 51 380 9 ;'v
1 19 4 41 <> 49 fhGV ....<1 umouni 10 45 9 82
1 20 4 51 0 54 s 14 ...Olon Mnwr 10 :»«k 82s 9 25
1 81 f5 00 7 (K) f8 20 ..Pti-nwbridge 10 31 322 9 10
1 40 f505 7 08 112 ...Pen li(Jlt n 10 2H 8 13 9 0^
1 43 5 07 7 05 8 20 ..MinifyValley 10 20 3 09 9 05
1 55 5 13 7 10 831 ...
>• 5 43 PM 112 Mo?
5 545 902 I.i, | • .. ; ; A j
£ fOOS f9 20 ..Bent •
■5 009 ....Saftt i?'. fV . . ... >. -
S A. M. A M A. M 1' M !• M
A.M
PM PM AM AM A-[ I'M IM PM
620 300 920 710 SoncHowti 915 'lO 510 v «"»
7as 348 10 as 75s Eagles Men sll 152 JJ J sl2
6 28 9 49 ...buslmre 7 50
' 7 26 10 50 ...Towniida... "05 530
12 10 \\ i1 k. - Hum- > •
500 406 1229 1000 780 WUllainVport f\ iT 12 80 537 1031
S. D. TOWNSEND, D. K TOWNSEND,
Gen. Manager,Hughesville Passenger AgeDt.
Reduction Nile of
3HO!:S
Great Bargains
Groceries and Picvd r:.
We have the best goods at t!. !■> - - : c ' u
want a good sack of Hour, tr 11: i;i;i 0 i icr
\Aheat and >ou will use no other. Special pii.es on
quantities. Our rr.otto is: ' Best Goods at Lowest Prices.''
J. S. HERRINGTON,
DUSHROE, PA.
P AIRMAN ¥)3
GAS or GASOLINE
K N G I N vS.
There are many Gas and Gasoline Engines and ONE
"FAIRBANKS"
Some resemble it "11. consiruction, others in name
BUT THERE IS ONLY ONE
FAIRBANKS ENGINE.
Engines that excell in quality and moderate incest.
Vertical from one to ten horse power. Horizoi,. f a! tl.Ke
horse power up-
THE FAIRBANKS COMPANY,
701 Arch St., Philadelphia.
CHARLES L. WING, Agent, Laportc