In danger.
October 24, 1888The silk industry in America is threatened with annihilation unless legislative action is taken regarding duties on ribbons.
Washington. Oct. 24- Petitions have begun to come in since the adjournment of Congress from persons interested in the manufacture of silk, praying for a legislative remedy for the condition of things which is threatened as a result of a recent decision by the courts in Pennsylvania with respect to the duty on silk ribbons. The opinion’s expressed by high official and expert authority that unless an appeal be taken and this decision be reversed by a higher court, it will cause the refunding of between $7,000,000 and $10,000,000 net to consumers but to importers, and that it will close every silk factory in the country.
source: The Janesville Daily Gazette.
location: Janesville, Wisconsin
