Fort Worth daily gazette. (Fort Worth, Tex.) 1882-1891, 1888-03-12
.RANDALL'O RARIFF BILL.
The Pennsylvania Statesman will Pre-
sent His Much Talked Of Meas
Hre to the House To-
The Principles applied In Making
ChaDges-Fhs Industrial System
Considered as q Whole.
The Reduction in Internal rnxstIon Re
psaled ST0, 900, 900, and In Tarin
Schedules S25, 600, 900.
rHH oPposIr1oN MEAsuRR.

Schedules So, 900, 900.
THE OPPOSITION MEASURE.
WASHINGTON. March 1l.-Mr. Randall
has completed his tariff bill and will in.
troduce 1t In the House tomorrow. In
explanation OF its terms and scope he
mskes the following statement: The bill
repeats the entire internal revenue tax on
tobacco and on fruit brandies. It also
repeats the license tax on wholesale and
retail liquor dealers, leaving those as re-
commended by JEFFERSON SO that "the state
authorities might adopt them" 1t makes
alcohol used in the arts free, and reduces
the tax on whisky to so cents
per gallon. The tariff bill is 8
careful and complete revision Of
the whole tarif system. 1t carries to
the free list large number Of articles
now paying duties and which entsr into
consumption either as raw material or
otherwise, and IN the production Of which
there Is no injurious competit on between
this and other C untrles. In the revision
of the tariff the aim has been intelli-
gently TO apply consistent principles to
all branches Of industry and In so doing
our industrial system has been
CONSIDERED AS A WHOLE
and differing from other industrial sys-
TENS in the important fact that labor In
this corntr? received a larger share Of
the annual products OF labor and capital
combined than in any other country
This important advantage to the labor
interests Of the United States the bill
aims to preserve throughout, while At the
same time, "In fairness to al interests"
as stated 10 the Chicago platform, it re-
duces and equaliZes the duties on imports.
The principles applied to the revision OF
the tariff in this bill are: First, that the
difference in the cost of producing COM
modities In this and other countries,
where there Is no climatic or other nstu-
raj causes why they cannot be produced
sbundantly in this country, has been
studied and everywhere adhered to,
IS this cardinal principle has
never been enforced in any revision
of the tariff. In such g scheme
all Industries of course should stand on
an equal footing and in no instance
should the pow ers of the government DE
used to elevate one above another. In
other words our industrial system must
be considered as q whole, in which all
who participate in 1t -.,.s,-
SHARE IT'S BENEFITS,
whether they are engaged in one industry
or in another. One principle Of great i'm
portance has been kept constantly in view
and that is that the line which marks the
differe ce in the cost Of producing
commodities here and abroad, in other
words, the line of fair competition, is
alwsys and necessarily above the point Of
maximum revenue, consequently to re-
duce the duties on any commodity below
the line Of difference 10 the cost, which,
as stated, is the line of even competition,
until the line Of mailman revenue is
passed, necessarily increases the reve-
nues. On the contrary, to raise the du-
ties from the line OF maximum revenue
by lessenipg the importstions reduces
the revenues. This principle has been
kept in view throuehout'the bill
IN TIE ADJUSTMENT OF DUTIES.
To determine Just where the line of differ
ence in cost falls Is of course in many in
stances difficult, but mhy be safely
assumed when the importation in any
line Of commodities is large and increAs-
ing, with no good reason appearing why
the things cannot as well be produced
here, that such duties Sre below the cost
line and that the advantage is with the
foreign producers. II production in the
same line is diminished or assumed alto
gether in this country, it becomes proof
positive thst the advantage is too great to
De overcome without a resdjustment Of
duties. In such cases, embracing how
ever but few articles, there has
been no hesitsncy in preparing
this bill to raise the duties so as to per-.
NIT these industries to take their place
abreast with others in this country.
Where impurtstions are light and incress
ing it may consistently be assumed that
the duties are
QUITE HIGH ENOUGH,
and in many cases may be safely reduced !;
and in case an industry is of such q
nature IS to permitI trusts and combina-
lions Of any kind to raise above the level
IF prices or profits in other industries,
then it becomes important that the cost
lines should be closely adhered to, snd
that has been the aim in this bill
regarding Industries where trusts or
combinations are supposed to have such
3 power. 1t is less important Of course
apply this rule Tigidly where prices are
regulated through free competition. 10
such case under well known economic
principles, the tendency is always to g
general level in profits, wages and prices
in any industrial system. In working out
the details OF the bill under these prin
cples the aim has been to pare closely
aud adjust carefully the different scbed-
ules with the object always in view
TO LOWER DUTIES
wherever possible and to reduce the rev.
enues, being careful at the same time to
hurt no established industry.
The estimated reductions under this
bill viii be: On internal taxation repealed
$40 600 00C. The estimated reduction on
tariff scnedules S25, 900, COO. The bill is
the result of great labor and industry and
is famed after the fullest inquiry and
conference with those directly Interested.
The rates will not suit many Of those en-
gsged in manufactures, but are deemed 8
fair and proper response to the demand
for reduced rates in our teri1 laws. The
Dill is fully twice as long as Mills bill,
and
RELATES TO MANY MORE SUBJECTS.
Following are some Of the more impor-
tsnt provisions: The taxes on msnufac-
turad tobacco, snug, cigars, cheroots