86 The Tariff and the Farmer. 



duties, it is evident from this letter that home prices are 

 so high that jobbers can profitably import foreign goods. 

 They are intimidated from doing so by these "tarii^ 

 pets," who are, as claimed by Mr. Dolan, then President 

 of the Manufacturers' National Association, in absolute 

 control of the markets of the United States. 



The advantageous trade position of manufacture 

 comes from control of the market, and this control from 

 the suppression of competition. This is brought about 

 or caused : 



By power to adjust supply to demand. 



By knowledge of cost of production. 



Is greatly promoted by the division of the industry 

 into hundreds of non-competing groups. 



By the patent system. 



By mutual co-operation or such action as tends to pre- 

 vent fall in price. 



By the protective system. 



