All in the Day's Work: An AutobiographyTarbell, Ida M. (Ida Minerva)
History
All in the Day's Work: An Autobiography
Tarbell, Ida M. (Ida Minerva)
Journalists -- United States -- Biography; Tarbell, Ida M. (Ida Minerva), 1857-1944
The year that I went to Poland, 1880, McKinley first espoused a duty on
tin plate. There was strong opposition among iron and steel
manufacturers. They felt they already had all they could look after in
Congress; but when they told this to McKinley his answer was that unless
they supported tin plate he would not support their tariffs. Naturally
they yielded, and tin plate was added to their list of protégés.
McKinley felt so sure of ultimate victory for the duty that he evidently
did not hesitate to advise his friends to get ready for its coming. At
all events he encouraged Robert Walker, suggested to him in fact that he
establish in Youngstown, Ohio, a stamping plant for the making of
tinware, taking with him as partner his brother-in-law Andrew J. Duncan.
As Andrew Duncan had no money to invest the Major gave to Mr. Walker a
sheaf of signed notes to be used whenever he had need of money.
Now Robert Walker was not a manufacturer; he was a farmer and a good
one—a coal operator—the banker of the Village of Poland and the
surrounding country, but it was not in Robert Walker’s nature to refuse
to help the Major or his relatives in their ambitions, as he had already
frequently proved. Indeed, at that time he was backing McKinley’s
brother Abner in a business venture which was soon to fail with loss of
all he had put in. But Robert Walker’s faith in McKinley’s wisdom was
such that he could not conceive of failure in anything he advised.
The plant was started in 1890. There could not have been a more unlucky
moment to launch a new industry. The long depression of the nineties was
beginning. Iron and steel were already seriously affected. Money was
tight. Robert Walker found himself almost at once forced to use the
Major’s notes. He found only too soon that he had embarked on a hopeless
undertaking, and in February of 1893 the works were closed.
Public-domain text, read in full here on John Shaqi.
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