Vermont watchman and State journal. [volume] (Montpelier, Vt.) 1836-1883, 1848-02-17

Tour or five months, imports paying duties were
almost entirely arrested. The fact being that
the duties would in few months be greatly re-
duced, very large amount of goo1s which
would have come in and paid duty according 10
The then existing tariff of 1912, were Withheld
ill the duties came down. They were piled up
in warehouses or kept in bond until the tariff of
1916 and low duties took effect. Besides, goods
which had paid heavy duties were re-exporlcd,
and the duties Withdrawn from the treasury, to be
returned when the duties came down; thus, d
pipe of brandy, for instance, which, under the
tariff of 1s42, had paid one dollar per gallon du.
Ity-thc owner, by re-exporiing it with draw
back Of the duty, and remporing it Immediate
y after the tariff Of 1876 took effect, reducing
The duty nearly one half would clear nearly for
" cents gallon; thus robbng the tariff of
1912 and giving its revenue to the tariff of 1s4G
During this period of FIVE months, of course lit.
Tie revenue In comparison was coming in, though
the country was still nominolly under the tariff
OF 1912 Now, these are the months which this
very candid Secretary takes for his estimate of
the produce of the tariff of 1912. AS soon as
the reduced tariff Of 1916 went into operation.
all these goods, which had been held back,
waiting for the reduced duties, were at once
poured in, and in pours revenue by millions -
| The goods and duties Withdrawn IRON the tariff
OF 1912 return under the tariff of 1916 and
these are the months which this truh-seekinp
Secretary takes, as showing the comparative
product OF this model tDrilf contrasled with five
months of the tariff Of lS42, giving little over
seven millions for FIVE months: when. for Two
years before, the revenue had exceeded an aver
age OF twenty seven millions And this is put
forth as fair comparison. This is no decep-
ton. Oh, no; this is fair This is the way to
bring truth to the people He might as well
compare the strength of giant and that of
rhntt bn o;o 4 A. r.,
when OH sick bed and in his las; hours, and
what the child GOULD litt in the vigor of health,
anu under sudden and violent excitement -
would TINS be very satisfactory way of prov.
ing That the child was stronger than the giant
Yet the comparison would be Just as fair.
The next thing The learned Secretary attempts
TO prove is, that under low duties more revenue
Is always obtained than under high duties. TO
show thus, lie selects ten years income un.
def high tariffs, and ten years urder low
one lie selects ten years, from 1882 to 1912
under the compromise bill, for his iotc tariff, and
ten years under the nigh tariff of 1924 and 1925
WIN two years under The tariff of 1912, as the
hgh larlf period. Now, assert that in these
'efy years, his own ieu.es prove that we got
eiEMy 'Ho millions more under the high tariff
lhan we did under the low. For the pto,c
refer geiiemcn ana the Secretary TO his own
official report on the Finances in 1915. moe g56
Here you have his own report. Take il down.
gentlemen: | desire you to take minute oil
what state, for what say can prove. hope
Ihe ex'clancellor Of the ex-chequer (Mr. Nc |
hay) VIII pay special attention TO these state
mems. say, on Mr.. Walkers own showing,
mat under the ten years OF of .ow tariff the re
ccIpts were $2l4,eS5S5S, and that under the
igh larlit yeats the receipts were 1897 ,S422l5 |
ne difference IN favor OF the high tariff ID. $50
936,35G-:S, 295,G35 per year; and yetthe Sec
Rotary and the President say that ali experience
proves that low tariffs give the most revenue
Wheiher such gross misstateiuents proceed from
ignorance or design, he would not say, but it
was one or the other. refer (said Mr.. 81 to
DATE, book, and page. Let them look at it. II
want AIR. Walker himself 10 look Ut it. sup
pose, when he sent US his report, with all these
cohliuehi statements, supported by figures, TOO,
nc 'honsht 1t would answer It's purpose. He
owes II 10 his character Tor truth and candor to
cone out and admit deny this statement, or
authorize some friend 10 do it for him on this
floor. WIN this be done q? We will sec. Here
are lhe tables carefully taken from Mr.. Walkers
report: