San Antonio daily light. [volume] (San Antonio, Tex.) 1886-1907, 1888-03-14

been the underlying ground OF the work
and It becomes the duty OF the practical
legislator to follow up Its details and
see II the principle so equitably made
the ground OF action In this work OF re.
vision has been actually carried out.
To lower duties and reduce revenues
without hurting any established Ameri-
can industry has been the aim OF the
whole work so laboriously undertaken
| and performed by Mr.. Randall. That
| il will give general satisfaction Is not
probable. The conflicting interests OF
different sections of our country will
come into collision and each manufac-
turer will desire. quite naturally, as
much advantage for his special industry
as he can secure. The fullest enquiry
among interested parties has been
made, a prodigious amount OF labor
performed In order to reach such results
through an intelligent application OF
known facts as would warrant fair
conclusion, and the result Is supposed to
| be such as is in accord with demand for
a fair tariff reduction, a reduction that
will bear equally upon all industries. and
hu-tfully upon none.
One feature of the bill is worthy OF con-
sideration. Where importation are light
and constantly decreasing, it is consid-
cred that duties are already above the
cost line. and may be safely reduced,
particularly, II the industry is Of such
nature as to permit Of the organization
of trusts and such other combinations as
will raise the price of such commodities
above the level OF profits in other indus
tries. If this bill succeeds in throttling
these schemes for profits known as
trusts, and concerning which so great
COM plant Is made, 1t will not have been
| framed In vain.
The estimated reductions under the
bill is nearly $lOO,OOO,OOO per annum.
Of this $4,000, 600 will be on Internal
revenue by the repeating Of that tax,
| and s25,OO0,000 estimated reduction on
tariff schedules.
The classification of iron Is elaborate.
The duty on pig iron remains unchang-
| ed. A long catalogue is made Of lrons,
classed as bars, and these are to pay q
duty of not less than thirty-tive per cent
ad valorem; all iron bars, blooms, bill
let's, etc., in which the use of Icharcoal
enters to pay 1922 duty per ton. The
! whole line OF iron and steel duties is re-
duced; some slightly, others more
| largely.
As to wool and wool products-Ring
waste, thread waste, yarn waste, top
waste and other similar products Of
wool are dutiable at 80 per pound.
which is a new provision. Wooden
clothes. shawls. etc, are reclassified, as
are also silken wo1len's and children's
dress goods. Bunting and lasting car
pets are generally unchanged.
The Millers Will now have a chance
to grind away on this protective tariff
grist andlsee how the congressional hop
per works.
i, That the principles of tariff revision,
I as applied by MIR. Randall, are far In ad.
vance Of those enunoiated by Mr.. Mills,
if the latter gentleman can be said to
haze either principle or method in his
scheme, is evident to any one who
would seek the conservation OF Ameri-
can industries and the reduction OF our
revenues grown too large for the needs
or the government. The great bulk OF
this reduction falls in under an abroga-
ton of the war tax, measure advocated
for some time by the most advanced re-
publican statesmen. The reductions on
importations are comparatively slight
and will not probably affect the indus
try of the country one way or the other
J The iron schedule and the wool schedule
} as presented by Mr.. Randall will be
quite acceptable to the south. The sugar
interests are considered also and on the
whole fairly dealt with. How the intel
J ligent congressional delegation from
Texas will vote on these separate propo
sitious from the great tstiff thinkers o
: their party remains to be seen. Ran
dali may not be able TO carry his meas
} ure against the Grover-Mills opposition
but it may be put down as quite certain
, that Randail's bill will prevent the pas
sage ofthe administration bill of whicl
= Chairman Mills is the putative father.
Io,u 80 Gain Flesh and Sfreppth