Oxford eagle. (Oxford, Lafayette Co., Miss.) 1876-current, 1890-04-24
THE TARIFF BILL.
Tho Now Tariff Bin Reported In
tho House.
TIE salient rosnt. of the Majority aad
nAnertty Reporss-frsetie.iiy Free
Sugar vita . Bsansy %
the Home Prc.fart-

WAS .nNsro~. April f-.-Nr Nckin-
sey. from the committee on xays and
means introduced the new Taria bill
with the majority report on H. in the
House yesterday. Tho majority re-
port discusses the effect tha, the bill
wiil have upon the revenues of the
Government II states that the exact
erec; Is diricult Of aseertAinment.
and says:
That there VII be . snbstsntisl re,iuctioa.
s Ne shall shov. sdFsss- ef no ayuh. II -
/ nov relieved that the increase of sustes urcn
Wool. and woolrn goods and uPcn glass
warc wiil have the effect OF Increasing the
revenues That would. Of course. follow u
sne importations of the last fiscal year were
hereafter to be maintained. which. how
ever. - altogether improbable. The result
viit De that tmrortssions viii be decreased,
and. therefore. the amount Of revenue col
Iected from these source. wiu be dimln-
i.hesi In every ease ot Increased duty ex-
ccpf that imposed uron tin plate (which
nors not 90 into effect tiii June I. isai.) and
I upon linen fabrics. the effect will be 60 re-
duc- rather than eniarx~ the revenues be-
esns~ impOrtstioss will fail ar II vas the
aim of tho committee to a. th. dates upon
that class OF manufacture goasis and farm
/ prodacts - hich can be suppIie,i a hosne so
AZ to discourage the sf ike foreign
sossis and products ami secure - our 0wa
people and our ewn prosiacers the home
market. believing that competition among
ourselves siii secure reasonable pric~s 20
cousuus~r- IN the futar~ g has Invariably
done In the p4s1 We seek BY the Increased
I duties recommended nos oniy % uasiatsin
bat TO enlarge cur own manufacturing
plants and check those sarpli-< from
abroad .hieh can - rroatssly prosisesa as
home The xsnsrsi rss,icy II the ssit = IN
Z foster and promote American prosfuesion
and dgvsrsite&tion ot American tndustry-
The report quotes the recon na@nds-
/ siors concerning the tariff in the presl-
| dents annual message and terms them
sensible and patriosic-- After n
discussion % the administrative feat
ures Of the bill. the report goes over
each schedule. noting the proposed
changes and discussing the reasons Zoe
making them. and estimating the
amount Of dgty in each ease that will b
| affected
In regard 10 wool. the report states
that by the proposed bill the duties on
/ first and second-ciass ~ools are made at
II and l. eents poend. as against 10
and II under existing law. On thiri-
class wool. costing l. cents or less. the
duty Is raised from "a cents a pound %
81 cents. and upon wools Of the third
class costing above u cents the duty
recommended il an advance from 20 .
cents per pound The report says:
There seems % D. no slasabs tass With the
l rrotacfsen Afforded by th~ Increased sass-s
recommended in thu bia. the farmers Of the
L Inlted states wilt b. 4hts as an early fsy 10
A kf4TN HrFfs as Eaes "A
| msnd. and the great b~neas such prosluc
/ ton siu be 10 ths agricultural Interests of
| the country can not h@ estlaNtssl- The pro-
daetion of slaissa.sssl paunsts of woot would
require about fa.l. 9as SO SHEEP. OF an add
tioa % more thru EG per ernt % the pres
ent number In revising the wooden <oo-is
schedule N afforsi adequate protection
to cur wooiea manufacturers snd wool
| growers. ne have eeattnae-i the system OF
compound duties which have proved 10 be
so es-enfsal in any tArf1 whieh protects
wool. providing hrss for a specific comp~n-
| satory pound or square yard duty. eIaivs-
/ lent TO the duty which woaId b. PAID on the
/ WOOL IL imported. TOR the benefit of the
| wool growers and an al vslor~m duty of
| from ~ to - per cent. accor1iax 90 the pro
| portion Of labor required In the manufzcs-
| ure Of the several classes OF goosis. a pro-
| competition, and - per cent additional
/ upon ready made clothing for the prosec-
| tion of the clothing manufacturer.
/ From the best Information Ne can obtain
i u = probable that Increased rates OF duty
1 given to manufacturers Of voolens will re-
/ duce. certainly not increase. the revenue
i from this source and transfer 20 this country
the manufacture of from 81. ssa TO s.0.s,o-
| 90 OF wooden goods now made abroad In
| computing the equivalent al valorcn duty
/ on manufactures of vooIens. the combina-
/ tion of both specific duty. which i simply
/ compensatory for the duty on the wool used.
| Of which the wool grower receives the ben-
enf. and the duty which protects the manu-
fseturers. and makes the average resultant
rate of the ~Oolen- goods schedule proposed
/ Els per cent IL considered.
| After defending its action in increas-
Ing the duty on certain kinds of iron
and on tin plate. the committee goes on
To discuss the sugar and molzsses Sched-
ule. The sugar schedule was only do
ridcd on Tuesday night The committee
recommend that sugar MP 10 and includ-
ing No. l6 Dutch standard Of color and
molasses be placed on the free list
with n duty of four-tenths of one cent
per pound on refined sugar above
No. Is. and that bounty Of two
cents per pound be paid from
the Treasury for a period Of nfteen
years for all sugar polarizing a. least s.
per cent. made in this country from
cane. beets or sorghum produced in the
United States Discussing the sugar
question the committee says:
81 large proportion OF our sugar Is i'm
ported that .he home production OF sugar
does not materially affect the price. and the
| iuty i therefore tax which is added to the
| price not only of the imported. but OF the
domestic product. which 70 not true Of du-
ties imposed on articles produced or made
here substantially to the extent OF our
wants
The committee admits that free
trade or revenue duties would tempo
rarily diminish prices, but argue that
IL would he a. the expense of the do
nestle products. which would be dis
placed. and then prices would again ad-
vance and the country be left at the
mercy Of foreign syndicates and manu-
sacturers. The report says:
| Cheaper products from abroad to the
American consumers mean cheaper labor
st home and lower rates TO the domestic
producer with no benefits 20 the consumer.
| Neither. condition would prove bie,sin <
| 20 the United states That country IL the
| less PROSPEROUS where low prices and low
| wages prevail One Of the chief complaints
| now prevalent among our farmers - that
| they can get no prices for the crops at al
| commensurate TO the labor and capital 10
vested in the production Those who differ
| from Us must believe that even further agrt-
| cultural depression i desirable, for no
i other consequence can result from
| their economic theories They ad-
| vocate cheap prices as the chief object OF
| the Industrial policy they commend TO the
| country This means permanently low
| prices for agricultural products as veil az