New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1893-07-16
TARIFF UNCERTAINTIES.
SOME REASONS WHY THE WHEELS OF
MANUFACTURES ARE STOPPED.
BrsINE:s MEN WAITING TO SEE IF THE DEMO
CRATIC PARTY WILL LIVE Up TO lis
THREATS AGAINST HOME INDUSTRIES.
Try TELEGRAPH TO THE TklBCNE'
,Ry TELEGRAPH TO THE Tribune

Washington, July 1.-two months ago Heii''o's
Voorhees, and Vance. OF the Finance Commute, "a
the Senate, declared in terms that the oii'ei ''
chase law was not solely mainly responsive ioi "'
financial disturbance and business depression from
which the country then was and stil Is suffering ana
the same opinion was held by many other prominent
Democrats in both branches OF Congress rs wen rs ny
thousands of business men, especially manufacturers
who are Democrats. ave are buying 100 much hoh'
foreign countries and selling them too littr' san
Senator Voorhees, wiio being an extreme Free lra''r'
added illogicaly and absurdly enough, IN We" o I'LL
the facts that "thls state of affairs has been orou2n
about by the Mckinley tariff lie then cooy ignored,
rs he and every other Democrat still tries to DO c iac
which Is apparent every business man. rs wen rs
to every other intelligent man who keeps his eyes ana
ears Open that the existing depression III business Is
largely due 10 Democratic threats TO uproot ana destroy
the existing tariff system. The welfare, II ho' 'he
future existence OF the manufacturing INDUSTRIES Vi
the United States Is threatened, and hundreds OF tho
sands OF manufacturers know rot what TO do In the
general uncertainty which prevails. Here Is an eA-
tract from Il private letter dated yesterday and re
ceived today BY Tribune correspondent from
member of one Of the largest carpet manufacturing
concerns I'm the United States:
at Is probably too early yet TO make calcula
lions as b what the Democratic party will do In re-
gard to the tariff. The disrust Just now Is. IN my
opinion due more TO the uncertainties as TO future
tariff legislation than to anything else In our buSl
ness orders are now being countcrmandei right and
left collections gre very slow and In many cases i'm
POSSIBLE and when ship bill OF goods we feel as
though we may never be paid for Them
This is simply IN item of cumulative evidence OF
the depre and uncertainy which have been caused
In single branch OF one Of the most Important IN
dusres OF the country by the threats OF the political
party which recently came into power In the last
Congress every member OF that party In the House OF
Representatives who present. save two. voted
not only to repeal all duties on wool, but TO reduce
the duties carpets OF wool than 80 per cent
and to substitute ad valorem rates for mixed specific
and ad valorem rates OF duty. That bill passed I'd"
House by a vote OF more than three TO one. The
draft OF IA tariff bill prepared 10y special committee
OF the New York Reform Club proposes 10 place Wool
on the free list. and reduce The duty on carpets
OF every description, from those imported Tor the use
OF the gold buc" milliOnaires OF the East TO tue IN
grains and other cheap grades OF carpets bought
by the poorer farmers, mechanics ana laoorhg NEIL
to % per cent ad valorem, thus Inviting fraud ana
differentiation IN every invoice OF the finer and more
expensive grades OF carpets that may be imported
What rates of du,y will be recommended by the
WAYS and Means Committee which Is to lie so con
situtcd as to be in perfect harmony with the Al
rlinstration"-with 1.-The powers That be, " poiro"
tbe choice phrase OF Mr.. Bynum-iS. Of course I'M
certain but the chances probably better for the
Reform Clubs schedule than for Springors "p"pgun
schedule of the last Congress. The former proposes
a uniform rate OF % per cent ad valorem on all
woolen manufactures except yarns which are TO
be reduced to Is per cent and rags lnungo etc.,
which are to be placed on the free list Under eA-
istnc rates OF duty the imports Of woocn mnnu-
features during the year ended june 20. 1o"2,
amounted to $685. 7o29 OG and have steadily Increased
since that time. The figures for the last hscal year
are not yet obtanablc. but, judging from the returns
OF the first eleven months Of the year, the increase
over 1892 will be nearly $3OO0,LO0. The total Tor
the eleven months ended May 81, l5o3, was F''"0o'
1875 which was an increase Of Se.G21.OOO over The
correspond,nC period OF 1s0l-92. The importations
o, carpets during the year ended June 80, 1880, were
S7l7975; the next year the imports Incr"aSrd 10
~ 3Ii 1862 and In 1882 To !l.311 go. While III the
eleven months ended MAY u, 1898, the total
amounted to 81 1876. which was an Increase 81
eo54 $50 as compared With the spending period
II the preceding fiscal year. The increas' IN me
Imports OF carpet woods In the same period amounted
to about 81, 000, 000