The Milan exchange. (Milan, Gibson County, Tenn.) 1874-1978, 1883-03-10
THE TARIFF BILL AS PASSED BY
THE SENATE.


except the whisky and beer tax and the tax up
ON bank circulation. making a total Internal
reduction, compared with last years busi-
The tariff portion OF the bill abolishes all
charges for what are known as packages and
the cost of inland transportation. This, II il
estimated, win reduce thu expenses OF impor-
tstIon under the existing law about five per
cent. The general changes made by the Sen
ate "a compared with the existing law are IN
the direction Of lower rates. To this there are
comparatively few exceptions. There are
even fewer exceptions IL the compaff-
son Is made with the bill reported by tho
Tariff Commission. There have been large
mum of articles added 10 the free list.
The principal changes in the various schet-
ules as compared with the existing law are as
SCHEDULE A--CHEMICALs.
Chemicals were reduced by the Tariff Com
mission from twenty-five to thirty per cent
over existing rates. The chang made by the
Senate have been in the direction of further
reduc ion. Phosphates and fertilizers have
been placed upon the free list. Reductions
have been made upon nearly all drugs and
dyes. The only exception is the increase made
upon the extract of sumac, to satisfy the viz
ginia simac Industry The exceptional in
crea .es In the schedule are the restoration OF
lead products zinc and spelter TO the old rates.
The rest of the chemical schedule was reduced.
Brchromate OF potash was reduced to three
cents, and aniline dyes to thirty-tve per cent
al Nalorem. These changes are important to
dyers and cotton manufacturers. A large
number of chemicals now dutiable are placed
upon the free list by the Tlrin Commission,
and this number was considerably increased
by the Senate There was however. an in
crease OF the duty on saltpeter of ono-half
cent n pound.
SCHEDULE B-EARTHENwARE AND GLASS
WARE.
The rates remain pract cally as reported by
the Finance Committee, with the exception
that common window-glass was reduced half a
cent pound. The rates of the committee
were about five per cent. less than he rates
reported by he Tariff Commission, and were
intended TO be equivalent to the present rates
The Tariff Commission increased them on ac-
count of the abolition OF the duties on pack
ages and inland transportation. The Tariff
Commission increase was 10 per cent. ad valo-
rem. The Senate reduced ii to 10 per cent
and abolished the charges and inland trans
POI tation which, the committee claimed, VIII
than the existing law, the reduction being en-
trely in the effect of the abolition of the duty
on packages and inland transportation.
SCHEDULE C--METALs.
The rates adopted by the Senate are, in some
important particulars, considerably lower than
che rates reported 10y the Tariff Commission
lron-ore remains ut the same rates-5O cents
tomas fixed by the Tariff Commission. which
is about the present rate. Pilgrim. wrought
and scrap iron are reduced from 81 to $3.50 per
son; wrought scrap-iron from 80 to $3.50; steel
sails from SIS To Sl5.& per ton; bar iron Is re-
duced on the average about one-quarter cent
per p una; Russia sheet-iron Is re iuced from
threi cents to two cents per pound; sheet-iron
is reduced on an average of oue-quarter cent
per pound; tin plates are reduced from one
and onc-tenth to one cent per pound; cotton
ties remain unchanged; wire RODS, iron and
steel, the bas $ of barbed-wirc are sub,
iron reduc d an average of one luarter OF
cent per pound. The rate on all steel below
five tents per pound in value Is fixed at ~ per
cent. ad valorem. This Ia an advance of 10 per
cent. on Bessemer blooms and on all the lower
grades of steel which under the present law
are admitted "a steel not otherwise p divided
for" This statement of the increase, howev-
er, requires eXpl nation The treasury De-
partment has ass ssed 40 p r cent. on this class
| wise provided for; the Tn ted States Circuit
| Court in New York has decided that this steel
must come in simply as steel not otherwise wise
| increase of l0per cent therefore, in the Senate
! b IL is II reduction of tive per cent. on the
| practice of the Treasury, but an increase OF
| five per cent, over what the United States
Court says the law is. This, really, is a
| practical decrease over the existing law, the
present rate being two and one quarter per
cent. per pound on all enumerated steel valued
| at less than seven cents per pound The rates
| above seven, are as under the prcsent law.
| On steel valued mt seven to nine cents per
| pound there is reduction OF three-fourths of
cent per pound over the present law; above
| nine cents per pound in value, reduction of
one-half q cent per pound. Steel in forms not
nd val0rem, the present rate The nom
| enumerated classes Of manufactures of iron
and steel are txed at So per cent On all vari-
| Gus enumerated forms OF manufactures of
iron and steel the rates adopted by the Senate
are substantially those of the Tariff Comms-
| sion, VIII oh are an average reduction of 70 per
| cent below the present rates. .
SCHEDULE D-wooD AND wooDEN-wARE.
This schedu @ remains about the same as
tho existing law. This schedule, in which a
reduction would hRvsbeneti ed the farmer, is
| maintained at eXistin rates for the benefit OF
the lumber barons. .. I...
SCHEDULE E-sUGAR.
The reduction Of sugar below No. - Dutch
| standard in color is about II per cent, or 45
cents pound. This would he a reduction of
| the revenue from sugar of So,443OOJ The re-
| duCtiOn on sugar above No To Dutch stand
erd is about . per cent. OF the present rates
This is larger reduction above than on those
| below.
| The notable change in the tobacco schedule
Is the increase on tobacco used exclusively
for wrapping, known "a the Sumatra tobacco,
from 10 cents to 81 per pound.
| SCHEDULE G-PRO VISIONS. 81.
Most of the articles in this schedule remain
unchanged. Barley and malt are reduced five
cents bushel. Rice is raised a quarter OF a
cent pound. There Is slight increase on
or nges and lemons, and bananas are put on
the free list, There is large reduction in
dr,ed fruits hgs raisins and sweet-meats. Oat-
Chocolate apd chicory are reduced
SCHEDULE H-LIQUORs.
The notable change Is an increase OF the duty
on champagne of 81 per dozen quarts, and a
corresponding increase In pints 1000.
SCHEDULE I-COTTONS.
There Is a reduction of an average of about
~ per cent. ad valorem on the present rates.
There is a general reduction upon all articles
excepting fine hosiery, cotton laces, embrod.
cries, insertings, lace window-curta ns, and
cotton velvet. These articles are all increased
from 80 to 40 per cent ad valorem. .
SCHEDULE J-HEMP, JUTE AND FLAX.
Raw hemp is increased from SIS to $50 Der
ton and jute-butts put on the free list.
. SCHEDULE K-WOOLENS.
The clothing and combing woods are re-
duced about 10 cents on wool below 20 cents
in value and l2 cents on woods above 80 Genus
Carpet WOODS are reduced one-siXth OF the
amount of the duties from three cents to two
and one-half cents for wool below IL cents II
value and from six to five cents for wooll
, above the specific duty. Wooden goods anC
|, ali manufactures of wooden are reduced on ar
average TO 35 per cent. ad valorem. The re
; duction on carpets is at least 80 per cent. ovel