The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1890-04-25
THE TARIFF BILL.
The New Tariff Bill Reported In
the House.
The salient Points Of the Majority and
Minority Report~-rracttcAiiy Free
sugar with . hounsy on
the Home Product.

means froduce M new iAF'n 'A'
with the majority report on ~, IN the
House Yesterday. The majority re-
port discusses the effect that the hsli
will have upon the revenues 81 the
Government. II states that the exact
effect is difficult Of asccrtainment.
and says:
That thcrc ~nl be a substantial reduction.
A. ~ .hall show. admits OF no doubt u l.
not believed tina, the increase Of duties upon
wnol- aud wooden goods and upon glass
ware viii have tho effect ~ increasing the
revenues. That would, ~ course. follow Y
an. importklIons % the last nscal year were
hereafter a. be maintained. which. now
ever. Il altogether Improbable. The rssnlt
viii Do thar mportafions will Ne decreased,
and. therefore. the amount ~ reyenue cot
lecied from these sources will be dimln
ishcd In every ease Of Increased duty tx
ccpf that imposed upon tin Plate (whlen
does not 70 into effect till June i.'>9ll and
npnn linen fabrics. the effect VIII De - re-
dnce rather than enlarge the revenues Pc
cause lmportations viii fan on 10 was me
aim % the committee 90 FIX the duties upon
that class of manufactured goods ana iArin
products which can be supplied AZ home 80
ns 20 discourage the use 81 Ike foreign
goods and products and secure q our own
people ana our own producers The nome
market. believing that competition among
ourselves viii secure reasonable prices %
consumers IN the future a. II has invariably
done In the past We seek by the increased
duties recommended not only TO MAINTAIN
but TO enlarge our own manufacturing
piant- and check those supplies rom
abroad which can be prottabiy produced az
home. The general policy OF the bill Il TO
foster and promote American production
and d,vcrsihcation OF American industry.
The report quotes the recommends
lions concerning the tariff in he Presl-
dents annual message and terms them
sensible and patriotic After 2
discussion Of the administrative feat
urcs Of the bill. the report goes over
each schedule, noting the proposed
changes and discussing the reasons for
making them. and estimating the
amount Of duty in each case that will be
affected.
In regard TO wool. the report states
that BY the proposed bill the duties on
first and second-class woods are made at
ii and II cents a pound. as against 10
and IL under existing law. On third
class wool. costing IL cents or less, the
duty is raised from ~ cents a pound 10
81 cents. and upon woods Of the third
class costing above IL cents the duty
recommended is an advance from ) TO ;
cents per pound. The report says:
There seems To be no doubt that with the
protection afforded Nv the increased duties
recommended In the bill, the farmers ot the
United states VIII be able az an early day 10
supply substantially all ~ the home de-
mand. and the great benefit such prodnc-
- -ta4 - -. a.. A.ut 10
the country can not be estimated. Tie pro
ductIon of coo. ooo,ooo pounds Of wool would
require about ioo,coo.coo sheep. or an add
tion Of more than 100 per cent. to the pres
ent number In revising the WOODEN goods
schedule 50 as 10 afford adequate protection
90 our WOODEN manufacturers and wool
we have continued the system OF
compound duties which have proved 70 be
80 essential in any tariff which protects
wool. providing first for a specific compen
.satory pound or square yard duty. eqniva-
lent TO the duty which would be paid on the
wool IL Imported. for the benefit Of the
wool growers, and an nd vaiorcm duty Of
from 80 10 30 per cent. according 10 the pro-
portion Of labor required in the manufact-
ure Of the several classes OF goods. as a pro-
lection 20 the manufacturer against foreign
competition. and 10 per cent additional
upon ready made clothing for the protec-
ton OF the clothing manufacturers
From the best information we can obtain
II Is probable that increased rates OF duty
given to manufacturers Of woolens Will re-
duce. certainly not Increase. the revenue
from this source and transfer othis country
che manufacture Of from <i5. 0oo 10 s20,co0-
u0 Of WOODEN goods now made abroad. In
computing the equivalent al valorcm duty
ON manufactures Of wooScn@. the combIna-
.tion Of bosh specific duty. which i simply
for the duty on the wool used,
OF which the w~ool-vrower receives the ben
so6t, and the duty which protects the manu-
fncturcrs. and makes the average resultant
rate Of the wooden goods schedule proposed
9L7s per cent. j. considered.
After defending its action In increas-
ing the duty on certain kinds Of iron
and on tin plate. the committee goes or
TO discuss the sugar and molasscs sched'
ule. The sugar schedule was only de
cided on Tuesday night. The committed
recommend that sugar up TO and includ
ing No. 10 Dutch standard Of color ana
molasscs be placed on the free list
with a duty OF four-tenths OF one cen
per pound on refined sugar above
No. II, and that a bounty OF TIVE
cents per pound be paid from
the Treasury for q period Of ffteci
years for all sugar polarizing at least y
per cent. made in this country from
cane. bcets or sorghum produced in thu
United Stages. Discussing the suga
question the committed says:
50 Large q proportion 81 our u I'm
ported thai the home production ~ suga
does not materially affect the price. and ~
duty is therefore d tax. which is added tot
price not only OF the imported. hut OF ia
domestic product. which ~ not true Of du
ties imposed on articles produced or mad
here substantially 70 the extent Of ou
wants.
The committee admits that fire
trade or revenue duties would tempe
rnrily diminish prices, but argue tina
IL would be at the expense Of the a,
mestic products, which would be di
placed. and then prices would again a,
vance and the country be left at N
mercy Of foreign syndicatcs and man,
facturers. The report says:
Cheaper products from abroad 70 n
American consumers mean cheaper lab'
mt home aud lower rates 20 the domest
producer with no dement's to the consume
Neither condition would prove a bIessir
"a the United states That country Is Il
less prosperous where low prices and Ia
wages prevail. One Of the chief complain
now pr, al-nt among our farmers u tn
they can get no prices for the crops at
commensurate 70 the and capital |
vested In the production. Those who din
from us must believe that even further agl
cultural depression Is desirable, for
other consequence can resul fro