The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1874-12-15

changes OF classification Of articles aud aa~on-
49, was sought 10 be taken Of every donhffoI
Sonseiucion Dial parts OF the act. Durinc fba
Ia the way Of reduction of DIMES ,fGnrSeSa.Sa
oar r - az lhe FORM Or component materials of
merchandlse intended TO answer The Ssme 49,
pose in consumption that articles and febp,4SaI--
Sioas viii q hlgner rate OF duty had pre-
msferia SnsweIea. Very large substitutionso Of
S.Sai@iso tner than wool have been made for
Iaorics previously paying the duty CHARGED on nm
w0 one silks, linens and cotions have been
S nI initiated, while the true rate Of dnfv
was avoldsu In some cases and souOht 10 ~
avoided In Others by claiming them as snhiect -
lssI-62 rs ma prescribed In the acts OF
Inc general depression of bnsinesS reSnitSnS.
iowad ~ he panic OF september 1879, has been fol-
~ UNUSUAL delay In for -arding the crons-
fIlces IN all the markets, foreign and domeSfpc
nave not been sufficiently high 10 induce shin
pers 10 make the usual Investment in noving
Ine crops, and the result Is that the der,and ~
Of foreign merchandise -Snol ~
rasarve snu interior OF this season is held in
S As a consequence OF this absence OF de-
msno Tor foreign merchandise. nn~cbsseS 10
str;ntaS and the West have been greatly re.
bara anu win reasonable caution importers
nave avoided assuming the burden of sfacrs -
1919 = likely tc be- readily taken on their
what Tine ths e % In what manner or at
n Tns an THIS oonstraint will be entirely re-
1rSseG, ~ rs not easy TO say; but IL would he
s wno I WITHOUT precedent to find such abund-
-, piouucIOn as has marked The present wear
WITHOUT remunerative demand for conSn mntSon'
- any conslderable time. 1t is a reasonable in
tSIence tnat this state OF things will Weld as
IVA OF Europe for our snrplus cT5ns ars
developed In the coming wear. and fbaf General
comnerce, with the revenues 10 be
Rafsrr rom IT. viii revive accordingly.
in nI- 10 the suggestions ieouently made
~ a Oh modification of he lawsimposingdu an
Ieson mports,and trea ing the subject purslTs S
~ ISNenue, II Is not safe to say that any re-
oen ~ rates on particular classes OF goods
e@n ~ sunnltOeQ while the demand OF The gov
cHS compensation by increased rates On other
SlassSs Experience has shown thar there ia
usually great loss and injury to individueIS in
eeuyustmento duties TO which the commercial
LnueIests nave become accustomed. II is how
SNeI, unuen-able that there are INEQUALITIES and
lnconsIuiles In existing laws impO ing duties
on imports, and that there is demand 7or tbsiT
wnlch, In many respects, seems to be
4, me consideration Of Congress. should
~ De the pleasure of congress 10
Is in order TO AVOID the dif.
ncoltles attending hasty and partial modi6ca-
that provision be made by law for the an
Pointment OF a commission TO prepare the de-
the next Congress. It is certain Thai the eP sngr 10
amount now received from this source is
Ior reVenue 10 meet demands which
ian DOT pc safely sta'e ed at less than Sl6O,OOO,OOO
nus and other sources. The Utmost StatemenfS
IOr loiz-1Sshow how heavily the revenues from
were depleted by the reduction of ISL
cones edone having yielded SlO,9e9 0eS a in 1871.
anu sfISI,OIi VI In 1872. On the importatiOns OF
coffee IN 1873, the rate of three cents per nound
would have yielded nearly S9OOOOCO. and two
cents per round almost So 100000. The following
taoie EXHIBITS the annual imports of coffee and
rom loi1 10 1914, inclusive, with the total
SS a,9e Ihereof; and the average price per pound
IN the countries OF their production:
OF IMPORTS OF COFFEE AND TEA
DURING THE FOUR FISCAL YEARS ENDIN
JUNE SO,) 1871 To 1874, INCLUSIVE.