The Newberry herald and news. (Newberry, S.C.) 1884-1903, 1888-03-08
The Tariff Bill.


by the tariff fbill submitted to the ways
and means committee by the Demo-
cratic majority have not been completed
in details, but the aggregate according
to the best information at hand is fixed
at so, ,0O0,O0 This total includes about
SD %, 900 on account Of the free list.
ST., DE, 900 on account Ofw0olen goods,
81 100000 for china and glassware,
S775,000 by the bill. The subject be-
ing purposely in the chemical schedule,
something less than S500,0OO in cotton,
81, 100000 OH flax, hemp and jute, and
sugar about Sll, 100000. There are no
internal revenue changes proposed left
for lack oftime, to the consideration Of
the full committee.
RAW MATERIALS.
Raw materials of every kind and ma
ture utilized in our manufacturing in
dustries are placed on the free list.
IRON AND STEEL.
1t is understood that the duty on
coal and iron ore has not been changed.
The Southern States rich in iron ore
protested against any reduction.
There will undoubtedly be cut of
not less than five and more than seven
dollars in steel rails. Even if the re-
duction is only six dollars per ton no
foreign rails could be imported into the
United States to-day in competition
with our home steel mills, as the price
of American rails is less to-day by two
or three dollars per ton than the price
in London with freight and duties
added. A general, but moderate reduc-
ton will be made in the iron and steel
schedule, but so moderate that the iron
mill men Of the country ought not, it
is said, and cannot complain.
THE FREE LIST.
The free list contains jule, hemp,
flax, wool, lumber, salt and building
stone. There is long list of other ar
ticles, but these are the most impor-
tant. The reduction on pig iron is very
slight. 1t will simply be drop from
S6.72 to Sc per ton. A reduction OF
twenty per cent. will be made on plate
glass and thirty per cent. on common
window glass. Earthenware will be re-
duced about u. per cent. ad valorem.
METALS.
The duty on metalsis reduced practi-
cally from 81 70-10O per cent. to 49, pei
cent.
WOOL.
The most important schedule in the
bill is the wool schedule. The trainers
of the bill, it is understood, believe that
in the event the bill becomes a law wool
manufacturers will be placed upon ba.
sis of prosperity which they have not
and do not enjoy under the present
tariff. 1t is claimed that the bill il
passed as drawn will give to the man
ufaciurer of worsted and woollen good:
at least twenty per cent. ad valoren
more protection on their products thar
they now have. 1t will practically
too, open up the markets of the worlC
| to them.
| SUGAR.
The sugar schedule is reduced twenty
two per cent, or in all a gross reduction
of twelve millions. The main objec
of this reduction is primarily to reduc
| the revenue. At the same time i
strikes at the sugar trust while protect
ing the Louisiana sugar planter as far a
it was practical.
It is not believed that the member
of the committee know exactly wha
the aggregate reduction on imports Wi
amount to. The general impression
however, is that it will aggregate fron
fifty to fifty-fve million dollars.
TOBACCO AND LICENSES.
The administrative features Of pre-
vious tariff bills is in the one to be n
ported, such as extending the bonde
period, etc. The reduction OH interns
revenue will amount to from $50, 900, 90
to S30,0O0,000. This will be principal
upon tobacco and the licenses and take
on distillers. 1t is very improbabl
that any reduction will be made O
wliskey, beer or spirits distilled fro1
fruit.
FIFTY PER CENT. REDUCTION.
It may be said in a general way tina
the average gross reduction on all art
cles, including the free list, will b
about fifty per cent. 1t is more tina
probable that whatever the committe
proposes to do in connection with tn
reduction of internal taxation will b
Immediately followed by the introdut
tion Of a bill into the committee befor
the bill for the revision of the tariff
introduced into the House, or at least
not, it will follow the introduction c
the Tariff bill into the House at a YER
early date.
NO FREE FISH.
The statement or rumor that fish is t
be placed on the free list is absolutel
false. The proposition was never ser
ously considered, and will form no pal
Of the bill.
HOW MR.. RANDALL WILL GET LEFT
1t is said that Mr.. Randall is alread
prepared to launch tariff bill SO ultr
in its character that itre-establishes tn
dIty on many articles which eXiSte