The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1878-04-10

ground that the House had voted 10 60 Into commit
tvo on the Tariff b. specially.
MR.. wooD;s sPEEcm
Mr. Woop, OF New YORK, Chairman OF tue Commit
toe on Ways and Means, then proceeded 10 open tho
debtc lie said:-
Mr. sPgAKsn-it Is not my purpose at this time to
enter into discussion OF the details Of the bill
under consideration. Hereafter, wnen the committee
shall reach those In their order, shall DO prepared
TO sustain the rates OF duties proposed and explain
tne reasons that governed the Committee OF Ways
and Means In each particular case. In the remarks
which snail now submit shall connne myself tho
generM propos'ons invovea looking 20 tne ADOPTION
tended than has as yet boon established In this
try, In regard 10 taxation and ia effects upon tho
terssss Of the people There Is now no penang ques
ton which is within itself OF sufficient i'm
pcrsancs TO the people 70 MAKE 10 worthy
With that Of establishing u policy OF inter
national commercial iutercourfe, connected with "a
policy OF taxation which shall 90 wise IN i,s iuecr.
ton, permanent In it's character, icss onerous In It's
exactions, and havo for It's prime object fuller dc.
vciopmen Of our material resources AMI more profit.
able disposition Of the fruits OF LABOR Tue results Of
enterprise and the security nnd profits OF capital
fnE PhBskNr TAkIYP SYSTEM
the ccompisn nlcnt OF any change IN the present
system OF taxation, so far applies 20 tue I'M
posts see u st every point add meet :. every.
at this Individual good H almost always mado
pie feel the aggregate always subordlns,e mat
which they feel IN Inc personal IL s rarely that they
distant object will warrant any prcsen, sacrincc Tne
abuse OF the power 10 tax By dverng 10 the advan
tago Of special Interest has become interwoven
Win our mechanical Industries that TO disturb u at
all. even In tho genth manner proposed. IL Sufficient
10 create Irritating alarm though without real
Although Is a. certain as any future be
that the policy proposed ~ allowed De carried out
Will hundred limos over moro than compensate tho
manufacturing interests Of this country Tor any tenn
porary disturbance caused yet afear ofpfessnt injury
Is so strong that the great future with all s bright
advantages 10 altogether lost sicnt OF.
The present tarin laws subjcct.to the following
objections
frst-rhcy comprise le2 articles. each subject to
duty or 70 Official oxaminstion at ports oil entry.
Second-The dutablo articles arc In many cases sub
ject 10 compound duties that Is the sd valorem and
the specific combined la tho same article.
Ihird-rher ambiguity Of language and doubt as to
construction and the complex ratios OF duty tend TO
htgati.n loss OF revenue and injury TO the importer
FourM-They have tho effect 10 increase the duty
lowed IN an inverse ratio 10 the vaiuc OF tho mcrchan
dse thus the luxuries OF the highly taxed
than tho nccessaries OF the poor
iyh-Thoir high rates encourage fraud BY under
valuations OF invoices and other evasons, and also
smuggling, thus inducing perjury and other kindred
crimes.
S,stt-on many articles the duty ia made altogether
prohIbtory, or so nigh as TO .ld but ito revenue
while upon the whole they operate so NJ to enhance
the price Of any imported article, which ~ conss.