The Hocking sentinel. [volume] (Logan, Ohio) 1871-1906, 1893-12-14
THE TARIFF BILL.


THE TARIFF BILL.
There is no need of any great
hurry in dlscuseing the schedule OF
duties proposed bv the new tariff
bill. We can afford to wait until
their details pass under the hands
Of experts and are able to realize
Just to what extent the new system
is likely to increase or reduce I'M
ports, what It's effects will be on the
public revenues, and what ats proba-
hle influence on established indus
tries. There will be plenty Of lme
Cor all that. In the main the bill
seeks to maintain ad valorum rather
than specific lates; the latter being
based on quantity and the former
OH the more equitable basis of value
1t fayors free raw material when
ever practicable. The bill includes
the tariff sche Jules and the admin
,strative sections, in many of which
there is no change from existing
laws. Tariff battles are generally
wared over few representative ar
ticles. The internal revenue sec
tons of the bill are rs yet lncom-
plete and viii be reported at later
day. The income tax appears to be
the point of greatest controversy,
and il is believed the idea of an in
.divllu income Tax has been abapd-
oned. 1t will be confined 20 cor
poratinns,
In the moderate reduction Of d1
ties in those protected industries
that have made scandal of protec-
ton, the bill, So far as we can Judge
of it's rates, will disappoint the
more advanced revenue reformers.
as we'll a. the Republican opponents
of any tariff change. This is Illus
trated by the sugar schedule, sent
oat in full yesterday morning to
head off the spectators. 1t reduces
the duty on refined sugar from one
half to one equarter of a cent a
podnd, retains raw sngar on the
free list anl frepeals the iniqalt'us
sugar houuty IN installmeats 50 that
it wall come to an end III eight
wears. This is moderation, GER
tainly. Sugar can be refined cheap
or in this country than abroad, and
the quarter cent duty retnn'd may
be low enough to permit of the ele-
ment of foreign competition against
the exactions of the sugar trus:.
Wool free of tax, with a CORES
ponding reduction Of duties on
woolen goods of ali kinds, is the
corner stone Of tariff reform. 1t is
one that goes directly to the pur-
chasing power of the wages OF sal
ary Of every working man and
working woman in the laad. he
argument is SO str ~ that if we car
not carry free wDpl wltl revenue
duties on wooden fabrics We n ghi
as well give up th ship. Th'ty
years of excessive protection Oh
wo1l has re Laced tie ho5Ss anl the
prices; it has not stayed tae i'm
portat,on OF foreign woods, an th'
Q <cessive cost il has placed on 800.
in comparison with outside value
has stl.na.atei 10 an amazing de
gree The prod u,n OF shoddy an'
all other cheap substitutes for hon
est and healthfal wool. We are tn
greatest shoddy-producing an'
shoddy- wearing people on the globe
In our northern states, with eX
tremes of beat and cold, homes
wooden wear is almost unknown I
the poor man or woman, They cal
MT afforl it because of the heav
taxes on raw WOOL, ani then on tn
finlshel product. TIE new bill
iIentical with the Springer FIRE
wool oil OF last year, puts wool o
the free list AMI reduces the take
on wooden goods by one-haif i
some cases and IN Others by more
10 the American working man thi
is as grand gift as were fire
breadstuffs and free provisions t
the English people at the hands q
Peel, Golden and Bright fort
Years ago.
Lumber is put on the free list, g
we'll as salt and other necessities {
liffe. As rule the duties are mad
lowest upon the cheaper goods
uriversal use and highest upon art
cles of luxury. 1t is poor ,nan
tariff bill, rather than one for th
creation OF trust and monopoly.
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We no ! q nlnasaut call last Frila'