The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1890-07-10
SENATOR PLUMB'S EXPLANATION OF
THE M'KINLEY BILL.
From the Topeka Capital.

From the Topeka Capital.
A heavy pamphlet, Just received on ap-
plication to Senator Plumb, entitled
Fl. r. 9.4I6, with Tables Showing Duties
Collected Under Existing tariff: Notes
Explanatory of Proposed Changes from
Present Law, and Estimates Of the Prob
able Effect upon the Revenue, Prepared
in Accordance with Senate Resolution OF
MAY 26. 1890, by Charles III. Evans of the
Treasury Department" is one of the
significant proofs of the wisdom of send
ing to the United States senate practical
men like Senator Plumb. On the even
numbered pages, in very large print, and
showing all the amendments made, is the
Mckinley tariff bill. The odd pages CON
tain the explanations called for by Sena-
tor P1umb's resolution, under classified
ton, and in columns headed. RATES of
duty under existing law, under II. r.
4, 9t6 (the Mckinley bilD, and under the
bill as amended by the finance commit
tee of the senate; importations for fiscal
year 1899 in quantities, values and du-
ties; estimated duties under proposed
rates by both house and senate bills; unit
of value: equivalent ad valorem rate for
specific rates where given under existing
law and the house and senate bills re-
spectively; explanation of changes" The
volume closes with the proposed free
list
1t would be manifestly impossible to
give in a newspaper article full des-
criptiOn of the changes propose to be
made as shown under Senator Plumb's
resolution. But let us look at the sin
gle subject of wool and woollens. Under
oil, he 4 lnI L. -
increased 10 per cent, from 10 cents a
pound to II cents. Washed and secured
woods and class two entire are increased
in the same proportion. The total esti-
mate increase in revenue from these
sources is about $500. 600. In class three
the duty on woods valued at - cents or
less per pound is advanced from an aver
age of "a. 80 to 80 cent, but the estimated
revenue Is. if anything, less than the
revenue under the old law. OF WOODS
valued above y cents all Including
camefs hair at present free pays a duty
of 30 per cent ad valorem. The estlmat-
ed increase of revenue from the entire
class Is about 81 100. 900. In higher quail
ties, woods paving 60 cents and those
paving - cents per pound duty are COM
priSed in one sub-schedule and pay 30
centS-a reduction IN fact or over % per
cent in duty and revenue.
The total importation Of wool for the
fiscal wear 1889 was valued at SIS. All. :
5406l, and paid in duties, $3.50 .211. 76.
Under the new bill. the senate and house
agreeing in all respects. the estimated
duties on wool are $3.50, 351.71, an in
crease of about 81 800. 900.
Woollen or worsted yarns are much
more heavily taxed under the proposed
law and the revenue to be derived from
them Is estimated at nearly $500, 600 more
than under the present law. The in
crease on manufactures of wool largely
corresponds to the increase on the raw
material Wooden goods were imported
in 1889 to the value of about $50. 700 90
and PAID in duties about So, 400, 900.
The estimated revenue under the new
law Is SIS, 346. 600 The total increase in
duties on raw wool is over 81 per cent,
equivalent 10 an advance from Is 10
9l.96 per cent ad valorem. while on
wOollen goods the advance Is less than 70
per cent. from y. 9s 10 1850 per cent.
The volume covers in the same way the
other schedules. fourteen In all, and is
full Of suggestive statistics, to which
reference viii be made more IN detail
later.