The Iola register. [volume] (Iola, Allen County, Kansas) 1875-1902, 1888-10-12
MAJORITY REPORT.
Report Of the Majority OF the Senate n
nance Com IN the Tariff Isiil.


nance COMMITTEES On the Tariff Iail.
WASHINGTON. Oct 5-The majority report OF
the Senate Finance Committee, in its report on
the substitute Tariff Dih, declares that the de-
mand for a careful and thorough re vision OF the
revenue laws Is Imperative; First to red uee
the National revenues, which are now excess
i've; second. to protect honest importers and
domestic producers from the disastrous con-
sequences resulting from fraudulent under
valuations on imported merchandise on
which adyalorem rates Of duty are levied:
third, to remedy the defects, anomalies and
ncongruities which have been from time to
time discovered in the tariff schedules on which
lave been created by erroneous decisions OF
the Treasury Department: fourth, TO secure
the proper readiustnent and equalization OF
tarin rates rendered necessary By modified
business conditions, improvements in methods
OF production. radical changes In prices or by
new elements or sources of composition; fifth,
to give relief and protection To many industr es
which are now suffering on account of the in
adequate rates levied on competing products.
The report attacks the policy Of the Admins
tration as tonding to magnify the uneasiness
felt regarding the financial situation, and ex-
presses the conviction OF the inaded uacy Of the
House bill as remedial measure for the
reasons: First, that il would probably increase
instead OF reducing the revenue; second, that IL
provides no remedy for differentiation, but on
the contrary invites and gives immunity TO
fraud by substituting ad valorem for specific
duties; and third that it does not remedy any
OF the INEQUALITIES or cure any Of the defects of
the existing laws
The greatness 81 the National industries is
referred to and the peril these interests would
be placed in should the Mills bill be enacted
into lag
or free wool, the majority says: I'VE have
been recently advised by the President OF the
reductions from the present revenue have been
invited as TO encourage all fairly and justly re-
garded reduction. All abrupt aud radical
changes which might endanger enterprises
and injuriously affect the interests OF labor
dependent upon their success and continuance
are not contemplated or intended There can
be no better test OF the injury of these high
tariff suggestions than to put wool on the free
list. Wool has been duti able since 1916 and
through all the tariff mutilations which have
taken place since no suggestion has been made
by any political party up to the inauguration
Of the present Administration for the removal
of duties. The wool growers of the country
produce annually SD.0W'I0 pounds OF wool
valued at 800 00,O0 They supply nine-tenths
OF the clothing wool used by American manu-
facturers. and they have raised the grade
TO the first rank among the wool pro-
ducing countries of the world. Those who have
by their patient labor, by intelligent efforts built
up this great industry and rely for security up
oh 'ne proteetIoh Vi present revenue arranee-
hIeh's arc certainty eh'ltieu W Ian treatment
"nu ioasoHs".o 0onSi"0ia'ion iueJ 'Ie to
iuseu ehner py tnls proposal IN selecting
'nesc pI'nonee Vi INDUSTRY ior tne raucai
ciiaises "uloh Tree traue 'neories enforce tne
President was disposed to have it thoroughly
understood in this country and abroad that
their acceptance of these theories is complete
and they intended to put the axe TO the protect
I've sSs'eh4. ~ WIN o0 Ho'ieoi tuaI III iofo'
"itei ioui' oon year. vi revenue Iariu. Tue
s So"i pnon WV, vas oo,So'
-, -. - puS Pr oApisd'
80 .ss ~ - SU".9 va pio
o. So, n'lu ~
s~S .i'o,iaa ~, o. pTunus per eap,.a M
i inoioaso !us'inee the poiioy Vi aioiuins 'hlS
Important asr,oul.urai plouuo. auequ'te pro-
..ouon. 'no 'eiUpnen' VI .no "ooioi lii'iii-
CTS - 'io oniteo S'aseS mas peon ar-
resteu W 'ue lnd.'equs'e uuties tnat we're I'M
poseu upon nanuiactures Vi WOO, oy inc act oi
Marcn :, ieS,' when "ken 'oeetner WIN 'nat
oiionooos VI niauH1 suioo VI
worsseu nav leu W sies'iy InI,easeu iln 1
uon run Enelshu, De.tany' rance anu Del
siuni ~ - onI9 ~ -. unt.nanoe vi lIe
u 'ua' 'no opei"tl,e g az ,Au1e,
oan "oVion hiihs 20" nope W rs'a,n 'ne ua-
~ i9po.s y. %SeIs men tioS law
o I. 'ne "orhihslhenoi lnsiaia' uernany anu
,a"oo-
ine naIoity 'res's OF ienk.n upon the ga
vantage. % nonie nia,het ior larln products,
aIsu.is 'nae ~ - ior 'ne nlsnes' Ihleres's oi
INC, ,ho eioan .al.ei 'na' 'no nuer VI our
ioou .ou . nan .ne ioou prouucers
snoulu ue ,,ioreaseu anu 'iiat INC general pros
perilS Oh a.. snou,a oe secured, At Is true' II
says UNI inc ueei'he III priVes Vi aBrcuiturA
prouuots mas peeh very great. pu' tne result Oh
'noso "neh ineasureu w INC 'aiue Vi inc
eIo'hins' narlii ueensis UT o.her heoessities vi
iai nieI ilio, - niuen siea'er NJ" 'hah III my
Vi 'iio years p'eoouihe ieo''
Inc majority oennes Tree trade country as
one winch does not impose protective duties
upon lmportatons.
Ihe majority denies the charge mat war
larll Is oelng Haintalneu IN time OF profound
peace ana expresses tne opinion mat tne seiec-
uons IN the Mouse DILL intendeu 10 moolly ex-
isung laws reiatihg 10 the TAX on nlstiiled
spirits are certain 10 open "ide the door 10
fraud In the coliecuon Oh taxes on distlied
spirits.
In conclusion. the report says: the excess