New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1888-03-30
THE MAJORITY TARIFF REPORT
ATTEMPTING TO EXCUSE THE MILLS BILL.
eRrEvous PICTURE OF THE RESULTS OF PRsTrf-
rrcs TO HOME IxDUsTRIEs-TrE SURPLUS AND

ATTEMPTING III EACOSE HE MILLS DILL
. ap,ryous PICTURE OF THE RESULTS OF PRsTEc-
rrcs TO HOME ISDUsTRIEs-TrE SURPLUS AND
TRUSTS.
LOUISVILLE, March co." The CourierJournaP VIII
say tomorrow that the report Of the d M cratic ma
jority of the Ways and Means Committee which VIII
accompany the Tariff bill to the House. states that the
surplus for the last fiscal year was S55 100000 and
for the current year is estimated at selOOOOOo and
says:
with receipts growing larger and expenditures growing
smaller must gather In the Treasury the larger
part Of the circulation country the great injury
lie and the bankruptcy OF many OF ts people,
Some method be adopted by Congress 70 prevent
the congestion which must occur under existing avs
There ways In which this excessive accumulation
may be prevented We may reduce Taxation u the
level Of expenditures and leave in the pockets OF the
people all moneys needed for public purposes or
we may raise expenditures TO the height OF aNauoh-
seeking out new and useless objects of appropriation on
which to lavish the great and growing revenues not
needed any legitimate wants Of the public service.
II we adopt the latter these objects OF useless
expend tucs Will gather upon Congress In such ncreaS
ing numbers and with such growing demands as 70
fasen upon the Government permanent and Interchangeable
policy of exrsvagsnt and reckless appropriations THIS
policy adopted viii not only breed corruption ID
public rfe and Generalization In private hfe but wiz
compel In periods depression. an increased rate OF
taxation people or increase Of bonded DEBT
for the Government.
Then stating that there but safe course, viz
reduction Of taxation to the requirements
of an honest efficient administration Of Government
the report discusses the question, Upon what ARTICLES
shall the reduction be made 7" and proceeds;
The committee determined TO recommend reuuc'
ton Of the from both customs and herhai 1e@
They have carefully kept in view at all times the te
ss Of the aooer the producer ana te
consumer The bill herewith reported TO the House Is
not offered as aperect bill Many articles are LETT I'D ee
duty which might well be transferred 70 the Hee nse
Many articles are left subject rates Of duty which might
all he essened -,
In the progressive growth manufactures we nave
reached the point where capacity 70 produce Is iar In
excess Of the requirements Of our home consumption
eonseo uence many OF mills are closed and many OF
those stil in operation running on snort uio A'
condition IL hurtful to manufacturer to the hoofef
and producer Ct materials consumed In mahulactu
The manufacturer loses the profit on his capital .he
laborer loses his wages, and the producer Oh inc
materials consumed in manufacture loses the marAee
for his products Manufacturers IN many instances 70
guard against by low prices caused Dy an oVeuP
MY I'm the home market organizing trusts conion'
ons and POOLS TO limit production and keep up prices
This vicious condition business could not exist Win 10"
duties on imports Prohibtory tariffs surround the eoun
v with lines Of investment and prevent all relel from
without while trusts combinations and pools plundef the
people within ,s
In country like ours prolific in It's resources where
the rewards OF labor largo, the capitalist may oy
stf make prontA but what is to become Of the aoorers
who are thrown out OF employment by stopping the wheels
of ma, hinery and limiting the amount OF productt Ana
what IL 10 become the producer OF the materials 10 Do
consumed by the manufacturer When the Tes are smut
IN the laborer and the shut of at the same
time and the market for both gone whether hey aoor
in the factory or ed whether they produce cotton
WOOL hemp fax coal whether the product OF ther
daily labor CLOTH iron STEEL boots or shoes thy must
have CONSTANT employment to obtain Tor themselves anu
mi
When out Of employment, with earnings cut short WIN
low riees for their proodc cauSed ~ the closing Of the
market they still must pay for whatever their day wants
REQUIRE IN. prices which the trusts have fixed what Is
the remedy for this wrorq 1t Is more extended markets
%, tho sale OF our products and constant and active com
petition In business With active competition COM
binations and pools impossible With the mar
kets OF the world open to US our manufacturers
may run their mills full time give constant
20 their laborers with steadily Increasing rate OF wages
with the markets Of world open TO the sale OF the
products they will active and constant demand
FOR all the raw materials required In manufacturing winch
will stimulate promote and reward the Woo[groWef anu
the producer OF cotton, hemp max mics 0IoS anu '
materials OF manufacture.
The annual product OF manufactures Is now est-
mated az ~ 600 900 ooc which amount we export only
about $780, Ooo 900 less than per cent II we couu
obtain free Of duty such materials as we do NOS pro-
duce and can only be procured In foreign countries ana
ux with our home product in the various 9rahehes OF
manufacture we could Increase our exports seFer
hundred millions. With untaxed raw Materials We couiu
keep our mills running on full time
A special plea follows for the dement, OF inc "oof
growers. The report says:
In starting on this policy, we nave tahsLerieu many
articles from the dutabe the free list Inc fefeue'
now received on these articles amount to sZ-ie''oOo
fourths Of this amount is collected on afuces Thai
enter into manufactures which wool and tin plates are
49, 80. mnortant The revenues derived from wool
g the last fiscal year amounted TO s5e09sl0 U.s. aho
the revenue from plates TO s57Oe433 o. Inc repeal
OF all duties on wool en1o'9
reduce the duties on the manuiac'ufes '" w" ~
"a 900 OH az The largest reduction we have maoe
a., ,ha ooen schedule this reduction was only aue
nossIble by putting wool on the free list Inefe Is nc
greater need for q duty wool than there IL or J ~
anv other raw material duty on wool makes II he'e7
sary to impose higher duty on tne sooaS AuT O
and the consumer has to pay double tax II We lease
roo, untaxed the consumer to pay tax only on The
manufactured goods . -, -. A.,
free List TO enable him obtain foreign WOODS cheaper
ta b goods cheaper send them into foreign kets
and successfully compete with the loreen
W. 20 the aborer in the factory have put wool on
m. free List so that may be imported and he may be EN-
poysd to the . DIS that are no" maue oy iorehn
labor and imported the United States We say 1o
the consumer we have put wool on tho Iree s Ua' -,
nav have wooen goods cheaper We say 70 the domestic
,-oo,g,ov.r we have put wool the free list 70
snable the manufacturer to import foreign wool 70 ma
with his and thus enlarge bis market and quicken ne a
and for tne consumption Of homs WOOL while IL nshsen'
the burden OF the taxpayer
In ths voollen schedule have substituted al Vaoien
,or specinc duties The specific duties are the a'ohe
Of those who are be benefited by - rates VINO dl'
,oacta aeninst competition and protected In eomolna
,Iooa against the consumer Of their products because
oncsaIs from the consumer the be pays tho manu-
facturef - :. 49,.
In the cotton goods schedule we see tho same VICIOUS
,oou.ha and iloricals results Of tho specific duty
m EoU4LIZE REAL AND PERSONAL TAX Is