Telegram-herald., 1888-03-13
GRAND RAPIDS. MICH. TUESDAY MORNING MARCH 8



WAssIxeros sareb tz-Foii0-ing Is a
s5nopsiz Of RandAlPs f4rsff Ri.
Tie blil rspsass tbs entire ia1ernzl TAI On
tcoscco 4ad sn fEul- braadiss. tt also re
peas the license LsK On ~h0lssals zEd retail
III 40E dealers. IsaFing these, - recon-
msnds.i bg Jefferson, 50 thai The STATE
authorities might adopt them" it makes
alcohol 10 the arts free, and reduces tie TAI
GA sblsksg 70 nftY es1ls a gallon
Ga TIE tariff the bili Is careful ant c0Hl-
plele revision of the whole Esnh systsni.
Il carries u ths free isl large number Of
articles u0s psylng duties znd which entsr
into consumption. either a. ras material or
Otherwise. and 10 ths productlon OF waica
there - no ~ .Fials f0npeL-0o between
% > and 0l0sa c0ultrles.
Ia the revision VI tns tariff the aim has
been inleiiizeotiy 90 apply consistent prin-
cipiss - a. branches % Industry; and 10 50
doing our industrial - slen nas been con-
sI1ered as a saois. and differing nom other
industrial systems Ia the Important fact
that the labor ia this country receives
larger share OF the annual products OF labor
and capital combined than In any other
country. The impor tAnt advantages 10 The
LABOR Interests of TIE United States the bill
aims ~ preserve throughout.
Inc principles applied 20 the revision OF
the tariff IA this biil are, that the difference
IA cost Of producing commodities Ia this
aud other countries, where there Is no
elimauc or other natural causes Why they
canLOg De produced aoundantiy IN this
county. has been studied and everywhere
adhered To- a. the cardinal principle 70 DC
enforced IN any revision OF the tariff.
Ia other words, our industrial system
must be considered as a whole in which ali
1hO participate IN II share It's benefit,
~hsthsr they are engaged ia one industry
or IN another.
IL may DC safely assumed when importa-
ton ia any hae OF commodities Is large
snd Increasing. and no good reason appear
ing Why the things cannot be produced
here. that such duties are oslow the cost
line, and that the advantage ~ with the for
eign producer. IL production in the same
line ls diminished. or suspended altogether.
Ia this coultry. 70 becomes proof positive
that the advantage Is TOO great TO De over
come without adjustment OF duties
In such cases-emDracing. however. but a
few articles-there has been no hesitancy in
preparing this bill 10 raise duties so as TO
permit these Industries TO take their rlace
abreast with others IN the country.
Where impOrIatiOns ars light and in
creasing il may consistently be assumed
that the duties are quite high enough and
IN many cases may Dc safely reduced. IL is
less important of course. TO apply this rule
rigidiy where prices are regulated through
| free competition in such case, under we'll
known economic principles. the tendency
| Is always 10 get q general level In profits,
wages and prices in any industrial system.
| Ia working out the details of the bill under
these principles the aim has been to pare
| closely and adjust carefully the different
| schedules. with the object always In view to
| lower duties wherever possible and reduce
| the revenues. being careful at the same
| time TO hurt no established industry.
| The estimated reductions under the bill
| will De: On internal Ia xation repealed. $70.-
| 10000, estimated reduction on tariff sche-
| dG IS. SIS OO0.O
| The ball is the result of great LABOR and in
| dustry and IS framed after the ful est inquiry
and conference with those directly inter
esred. The rates viii not sdit many of those
| engaged in manufactures. but are deemed
1 fair and proper response to the demand
| for reduced rates IN oCr tariff laws.
| The bill IL fully twice as long as the Mills
| bill and relates to many more subjects.