The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1892-02-17


hair of the camel and all other like ami
| mails and all waste matter are put upon
the free list, and waste advanced by manu-
| facturers beyond the condition of secured
WOOL shoddy and mungo are taxed % per
! cent. The second section of the bill re-
lates to the duties on wooden goods, car
pets, ETC., and the provisions of it, as in
the former sections, are not to take effect
until Jan. /, 1898. The rates on woolen
and worsted yarns are fixed for all values
at 80 per cent ad valorem. Under the
| Mckinley act the rates upon these per
| pound and ad valorem are equivalent to
from 103 to 1913 per centum. The rates on
woolen and wooden cloths, shawls, knit
fabrics, ETC., are fixed at 20 per cent. ad
valorem. The equivalent ad valorem rate
under the Mckinley act is not stated
IL the treasury report on all the
I items, but on worsted the rate was from
90 to 146 per cent. The other rates
not stated would vary from so to 800 per
cent. Blankets hats of wool and flannels
for underwear are reduced from so to %
| and from 80 to 80 and from 40 to 80 per
cent. ad valorem Under the Mckinley
act the rates are from 73 to ITO per cent.
On women's and children's dress goods,
etc, having a cotton warp the rates are
fixed at 30 per cent. Under the McKin-
ley act they are over SS per cent. ad va
loren. On women's and childrens dress
| goods with WOODEN warp the rates are fixed
at 40 per cent. The equivalent rates in
the Mckinley act would be from 80 to 40
per cent. Ready-made clothing for men,
and cloaks, dolmans jackets and ready
made clothing for women are fixed at 10
per cent. The rates made under the Nc
Kinley act are 81 and ST per cent. The
rates on carpets of all kinds are fixed
at 80 per cent. The equivalent rates under
the Mckinley act are 90, 81, 90, Il and 50
per cent.
cit would SEEM" continued Mr..
Springer, that by this bill the rates are
| lowest upon goods which will be used by
the masses ofthe people and highest upon
high priced goods worn by the more
wealthy classes. The reverse of this was
true under the Mckinley act, which, by
reason of the specific duties, caused the
highest rates TO be placed upon the cheap
est goods. Under the Mills bill the rates
upon all the articles OF wooden goods en-
braced in this bill, including carpets. were
fixed at 40 per cent. The average under
the pending bill will be between 80 and
35 per cent. Under the Mckinley act the
rates upon cheaper articles of goods worn
by the masses OF the people are prohibit
tory and hence the home product is with
manufacturers. The passage of this bill
will largely reduce the price of wooden
goods and thus increase their consump-
tion."
The bill of Representative Turner, plac-
ing cotton ties, cotton bagging, machinery
for the manufacturing of the same, ETC.,
upon the free list, is considered of great
/ Importance to cotton-grOwers and its pro-
visions are familiar TO the public.
The free binding twine bill which the
democrats OF the committee also decided 70
report is very brief and merely provides
that from and after its passage all bind
ing twine manufactured in whole or in
part from istle or tampeco fibre jute,
MANILA, sisal grass or sum, shall when
/ imported be exempted from duty" The
various binding-twine bills were reported
to a special subcommittee, of which Mr..
Bryan of Nebraska was chairman, and the
bill is reported by the subcommittee and
accepted by the democratic members in
lieu of substitute for all the bills on this
subject.
In regard to the binding-twine bill, Mr..
Bryan said: ''The subject matter of these
bills was under discussion during the last
congress- The tariff bill of that congress
as 1t passed the house fixed a rate OF II
cents per pound on binging twine. The
senate finance committee, to which it was
referred, reported the same back with
the recommendation that the duty be
fixed at ! cents per pound. But while
the bill was under consideration in the
I senate it was so amended as to place
binding twine on the free list All the
| democratic senators voted excepting one,
and all favored the amendment, while
number of republican senators voted with
the democrats. The vote stood "a to "a in
favor of the amendment In conference,
however, the present rate of 7-10 of
per cent. per pound was agreed
l upon. The chief of the bureau
of.statistics informed the committee that
no binding twine had been imported for
several years. The only justification
therefore for tariff of even seven.tenths
OF a cent. is that it is the duty of the gov
ernment TO so adjust the revenue laws
just to prohibit importations, and this
principle, aside from being indetensible
on constitutional grounds, would, if car
ried out, destroy all revenues and compel
US to raise the necessary expenses of gov
eminent in some other way. Five thou
sand tons of twine were manufactured and
consumed in the United States in 1890.
If. as is probable, the seven-tenths of
cent is added to the price because OF this
protection then the item costs the farmers
no revenue to the government. There are
thirty-fve cordage and binding twine fac
tories in the United States, twenty-nine of
which are owned and controlled by the
trust or National cordage company OF New
! York. The twenty-nine in the trust
produce 60 per cent. OF the to-
tai output It is my opinion
that this bill will pass the house by a large
majority and do not believe that the
senator's who favored it before will dare
to oppose it this time. If they do, they
will find it very difficult to defend their
course to the farmers. The president will
hardly veto the bill if it reaches him,
however much he may be opposed to
changing the existing tariff law. If the
senate once sees the wisdom of modifying
the present law, it may be persuaded to
accept other measures which will be pre-
sented to it. The bill, / think will be re-
ported to the house early this week in
company with several other measures,
which are about ready"
1t is probable that there will be an in
teresting struggle between the tariff bills
and the Bland free silver coinage bill for
precedence in the order of consideration
in the house. In fact the struggle has
already begun. The contest is as yet con-
Quoted in very quiet manner and is
merely a matter of argument as to