Hearings 17
Hearings 17
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This country does not wish to make these cheap burlaps — can not make them. The price of our labor is prohibitory. Even with raw cotton at our doors three-fifths of our immense cotton crop is shipped to foreign countries hunting for cheap labor to make it into goods, and even then part of it pays freight back to this country and our TABIFF HEABINGS. 4881 tariff duties, still competing successfully with our own high price for labor. It is said that we do not manufacture and exi)ort 2 per cent of... the cotton goods required by the importing countries of the world.
Under these circumstances it would look like commercial suicide to build jute mills and bring the raw material from India's cheapest labor for our high-priced labor to make into these low-grade coarse fabrics. Our extra labor cost and extra freight to points of manu- facture, and then reshipment to consuming points, compared with shipping the finished product net weight direct from Calcutta to points of consumption m our country, constitute an extra expense for which there is no proper return.
What to read after Hearings 17?
You can find similar books in the "Read Also" column, or choose other free books by United States. 58th Congress, 2d Session, 1903-1904. House. [from Old Catalog] to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
This country does not wish to make these cheap burlaps — can not make them. The price of our labor is prohibitory. Even with raw cotton at our doors three-fifths of our immense cotton crop is shipped to foreign countries hunting for cheap labor to make it into goods, and even then part of it pays freight back to this country and our TABIFF HEABINGS. 4881 tariff duties, still competing successfully with our own high price for labor. It is said that we do not manufacture and exi)ort 2 per cent of... the cotton goods required by the importing countries of the world.
Under these circumstances it would look like commercial suicide to build jute mills and bring the raw material from India's cheapest labor for our high-priced labor to make into these low-grade coarse fabrics. Our extra labor cost and extra freight to points of manu- facture, and then reshipment to consuming points, compared with shipping the finished product net weight direct from Calcutta to points of consumption m our country, constitute an extra expense for which there is no proper return.
What to read after Hearings 17?
You can find similar books in the "Read Also" column, or choose other free books by United States. 58th Congress, 2d Session, 1903-1904. House. [from Old Catalog] to read onlineMoreLess
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