The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1890-04-17


the House this afternoon. The majority report
begins with statement of the financial situa-
tlon and estimates the surplus at the end of the
present fiscal year will be 49,, 100000
and deducting the sum required to
make the payments of the sinking
fund. the net surplus OF receipts over
expenditures will be S43 $4,000. The estimated
surplus OF the next fiscal year will be Si3 O0O
which, with the amount of cash now on hand
and available, reaching s9O,03o,OOo will Justify
reduction OF the revenue in the sum contem-
plated by the bill reported of $50, g37, 900, and
PROBABLY more from customs, and say $40, 32S.-
100 from internal revenue, or total of ST..
$4,000.
The report further says that the bill as pro
posed Will result in decreased revenue: that
IN all cases, except tin an increased tariff will
5esuII IN decreased importations, and therefore
decreased revenue; that the committee aimed
TO put an increased rate on nanufactured goods
ana farm products producible in this country. in
order to develop The home market: that the
committee Is not so much concerned about the
pIlcSS OF ARTICLES we consume as to encourage
an increase and Giversifcation of home pro
cuctS, giving fair returns to producers and
wages TO American workmen. Believing that
nome competition will regulate prices, the COM
lnltlee ADMITS that free trade would cause a
temporary reduction in prices, but argues that
IL would be at the expense of domestic products
ana mat prices would then advance with the
country at the mercy of foreign syndictaes and
I uIdcIuIerS, ana the ultimate re
suit would thus be Instantaneous
&c. both capital and labor. The committee saws
That country is least prosperous in which low
prices ana wages prevail, and points to the
present agricultural depression as d sample
Inc committee believes it is better to raise the
alOuuOO.0OO necessary to run government by
taxing foreign imports than to take it from
uonlestlc imports; that the entire bill is based
IN AUaa riao
the same time recommending that no duty be
above the point of difference between the
normal cost of the production here including
labor. and the cost of the like nrodnctio5
abroad
The report then takes up the details of the
Dill and says the reduction in the revenue from
placlng on the free list chemicals not produced
IN Ihls country Will amount to SS75,0OO and
cites hgureS to show the decline in the wool
proouctlon. 1t says an advance in the duties
mas been recommended which will afford
ample protection to the wool growers !:
Wnlle the Senate bill fixed the duty on third
class woods at cents the committee makes
1t 81 with change in the definitions and clas-
slcauonS, etc., which will compensate for the
dlfference. The committee believes the country
should produce all the wool it consumes. This
can be done by the addition of 1O00O0OOO sheen
TO the present number. The report saws the bill
seeks to stop the shameless frauds which have
peen pract1sed in the importation of woods and
WOODEN goods, and declares. that during the
past hscal year undervauled invoices
showed the importation of wooden manufacturers
valued at S52, 6Sl 900, whereas the real market
value was nearly ninety millions, equivalent to
the importation of 16OOOOOOO pounds of wool
The present bill, it is argued, by increasing the
duty on line woods will transfer to this country
hTteen to twenty million dollars in wooden
The average rate of duty on
wooden goods in the schedule proposed is 81. "a
against the present rate of g. Is.
vi the metal schedules, the report saws no re-
uuctlon can be made in the pig iron or ore du-
tles without detriment to existing Industries,
and the committee has not felt i1IStitied in in
terfering with the further DEVELOPMENT of the
iron ore resources, now seeming to be promising
IN the Southern States. With regard to pig iron it
Is sald 1t is IN no sense raw material 1t is a
product of the highest skill, recurring for its
large and expensive plants the
capital invested in our country today being
more than that invested in any other branch Of
our iron and steel industries Pig iron is made
in twenty-five states of the union. TIE report
strongly sustains the increased duty recon-
mended on tin plate
OF the sugar the report says: The committee
recommends that sugar up to and including No.
l6 and molasSeS. be placed on the free list with
4 duty of 4 10 of cent per a pound ON refined
sugar above 10, and bounty of cents per
pound paid from the treasury for a period of
fifteen years for sugar polorizng at least IS per
cent. made in this country from cane beetS mr.
;orghums produced in the United States. In
1883 the consumption of sugar in the United
States was l,46S 500 tons or 50 | pounds ner in
1aoltant. OF this only 1884 tons were pro
tuced in the United States So large a nronor
ion of sugar is imported that the home prodnc
ION OF sugar does not materially affect the
price and the duty therefore is tax which is
added to the price not only of imported but OF
he domestic product SubStantiallV to the eytant
Of our wants. In 1880 the duties collected on
imported sugar and molaSSeS amounted to
555, 975,610. Add to this the increased price of
iomestlc sugar arising from the duty and it is
clear that the duty on sugar and molasses made
he cost OF SlPlr and mOlaSSaS at Lon G
)r about 81 for each man. woman and child in
he United States, more than it would have
oeen II no such duties had been levied.
md the domestic products had remained
Even on the assumption that with proper en-,
we shall eventually be able to ro
luce all, or nearly all the sugar required for the
consumption OF our people, this announcement
IAN be given much more economically and ef
ectually by bounty of 2 cents per pound in.
Tolvlng an expenditure of but little more than
seven million dollars per annum with the Dres
mt production OF sugar in this country than bv
he imposition of duty involving the collectio1
VI &55 610 In duties in the last fiscal wear NOT
% mention the amount indirectly involved In
providing not only that raw sugar. but also
ugar including No. 16 shall be admitted free of
luty, opportunity is given for the free introduce
ion of yellow sugars suited tor family use an
which will secure to the neonIe
ugar at the lowest price existing in the markets
II the world, while even imported white refined
ugar will be subject to a duty of only four-
enths of cent per pound"
Coming to agricultural products, the report
avs the committee has given most of its inves
igation to the existing conditions of agriculture
nd of kindred matters. Referring to the wide
pread depression of this industry the renort
ays:
"The enemies of the protective system have
10 word of criticism for the real causes of apri
cultural depression, no suggestion of relief ffon,
he real burdens which are weighing it down to-
lay; but Selling the present as a favorable
ime, they solemnly charge that the decline in
ur market is solely due 10 the tariff. They are
pleased to ignore the fact that one of the mr.
'oses of protective tariff is to hinder,the still
anger importation of foreign produce and TINS
ave the market from still greater depression
'ut your committee, sensible to the Importance
II this industry, prompted by the single motive
o lift it to higher level of profitable emplov
nent believe they offer in the bill all the relief
which tariff legislation can give to it. A critical
EXAMINATION OF the subject shows that agricul-
ure is suffering chiefly from damaging foreign
in the home market. The increase
u Importation of agricultural products since
800 has been enormous, mounting from
4O,0O0,OO0 to more than 1886, 600 in 1889. The
worlds market, to which the advocates of n
arif for revenue only invite the farmers of this
ountry, is to-day crowded with the products of
ne cheapest human labor the earth affords
MI over The old world there is rush of this
urplus to that market, and it is TO
UGH a contest as this that free
rade would allure American agriculture
With the foreign grain market under the sway
i such oppressive competition; with the for
Ign cattle and pork market depressed and OBJ
tructed by ruinous measures of restriction;
With foreign agricultural products crowdng our
ome market, your committee has recommended
n increase Of the duty upon agricultural pro
ucts. With view to Increasing the number of
alnful occupations open TO the farmer, the COM
nlttee has recommended a bounty to the growl
rs OF silk. AS duty OF 81 per pound would be
equlred TO protect American silk and reeler,
he committee decided that so high duty would
the silk weaving interests without
ulnclent reason, and to secure the industry as
peedlly as possible offers necessary
lfierential bounty of 81 per pound, or about 90
er cent. protection on reeled silk. The report