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EFFECTS OF THE TARIFr.-J. 7. Stevenson,
ESQ of Boston, in his late speech at Gloucester,
amding to the present Tariff, said that up to its
passage in 1912, the annual value of Russian i'm
ports, principally manufactures, was S3,0OO,OO0
Since It's passage they had been much reduced
Before the Tariff, Russia shcetng had been sold
in this country for SIS a piece. 1t was used for
shoe-lining, and purchased only by the American
shoe manufacturers. OF this some forty or fifty
cents went TO the American importer, but tho re
naming S. so ,oent abroad TO pay the Russian
merchant, manufacturer, and peasant, or rather
his lord Under the present Tariff, an equally
good article can be procured for S3 or 81 and
every cent remains at home for the benefit Of the
american merchant, manufacturer and operative,
instead of going into the pockets of forelgners.-
And the advantage is mutual, enabling those to
whom this money is paid to buy more of each
other.