The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1893-12-22

away absolutely every cent of this large
revenue by putting iron ore on the free
list. The bill proposes TO put into compe-
tition with American ores foreign ores. some
OF which are produced at labor cost one
tenth, and none OF them at a labor cost
greater than 0ne-fourth OF ours. Having
sacrificed over half a million dollars per
annum OF revenue TO the vagary or free
trade. the tariff bill for revenue only,
proposes 10 effect another large source of
revenue by serious reduction OF the duties
on pig iron That duty now Is $6.72 per ton:
vaiorem. or about $50 to $50 per ton. a
lower tarfn than was ever before proposed
on this article That suggested by the Mills
osn was 80 per ton. Under the tarfn OF 1916
the duty was 30 per cent. ad valorem.
There are two provisions in the bill which,
when brought side by side disclose In sig
or band iron or steel bears an adj valorem
duty OF 80 per cent, except as oterWise
for has reference to ties of iron or steel
for baling cotton, which are placed on the
free list.
Under the existing law the duty on tin
plates is % cents per pound. The duty
at first proposed by the committee was 40
per cent ad valorem. but has been changed
TO a specific duty OF 1.2 cents per pound.
1t will be observed that the proposed duty
Is 1 cent per pound less than that OF the
present law. This means a severe blow to
an enterprise which, under existing condi-
tons has grown TO immense proportions,
and which promises, under proper protec-
ton. to be one Of the great industries Of
The present duty on steel rails is 1914
and. under existing conditions. might safe
ly be reduced. but the proposed duty of %
per cent ad valorem is indeiensible. Some
commanding reason ought 10 be presented
tSr sucn an immense cut II, duty, sTeeateF
steel billets merit duty of % per cent. and
steel blooms a like duty. IL would seem to
go without saying that rails should bear a
SUGAR BOUNTY, ETC.
In harmony with the doctrine OF protec-
ton the Fifty-first Congress deemed IL
their duty to give protection to the grow
ers OF cane beet and sorghum sugar by
way or bounty. The bounty provided by
the law OF 1890 was in the nature of con-
tract made with Congress with each and all
persons who should engage in the produc-
ton OF cane beet or sorghum sugar of
certain Sacchrine strength, Who, under that
contract. receive the bounty provided by
the appropriation from the treasury. I'm
der the provisions OF this understanding
large amounts OF money have been invested
and larger amount or sugar has been pro-
duced In the United States during the past
three years than In any similar number Of
years before in our history. Especially is
this the case with beet sugar.
The cotton manufacture schedule in the
bill shows the same Inconsistencies and a
lack OF knowledge on the part OF the
trainers OF the bill OF the intricacies of the
OF the other schedules I'm the bill. Ii is an
important industry not only In the New
England, but has become SUCH in the
Southern, Middle and Western States as
well. In New England 402 Of these indus
tries are found. which give employment to
las. us people and distribute annually among
them the sum or SIS, sos, SOL That the South
ern states appreciate the benefits of pro-
lection, in this industry least, Is mani
fest from the fact that 37,l6S people find
employment in 239 cotton mills and there
Is paid to them annually the sum i'm round
numbers. OF 100000. The import duty i'm
posed under existing law Is scarcely suffi-
cient to protect American labor and cant
tai from heavy importations from England
The manufacturers OF collars and cuffs
have protection of So per cent adj va
valOrem, while the linen they use il dutia-
bic at Sd per cent IL was of no avail that
the most reputable business men of TROY
NY, where 1890 people are employed i'm
the collar industry. clearly demonstrated
that the business under the present law
manufacturers. and. therefore. robbers"
ment OF a single importer. one Adoiph
ROsenfeldt who says that under the rates
he recommended. and the committee adopt
ed, he can make the modest profit OF 31I5
per cent on imported goods.
One Of the most amazing propositions Of
the bill is that biturninOus coal shall be put
upon the free list. and the 100000 per an
mum (alnost) that we received from it's
importation by way OF revenue absolutely
thrown away. Coal has little value save
as IL gets IL from labor. IL is worth al
most nothing in the hill; would De worth
absolutely nothing were IL not for the
prospect or being mined. IL Is not a raw
material. for IL is not worked into any