The herald-advance. (Milbank, S.D.) 1890-1922, 1894-05-18
! NUTS TO CRACK.
has IN 40 VALOREMS THAT
AWAIT SOLUTION.

r,r Professor Wilson to Exercise
nv Matter On-Perhaps His Math-
., Mid Can Enlighten an Anxious
nay have the same amount OF ad
4 duty this year as last, and you
mort the same quantity OF goods
TO that duty, and you may have
b 60 Of revenue as follows:
p IN Of iron cost G50i in England last
IA The sl yalorem duty was 2j per
. duty would be $3.50. If iron
oo a ton this year i'll England and
lsalorem duty is % per cent, the
ou,a be $25, or 100 per cent more
: st year.
may have the same amount of ad
cl duty this year that You had last,
Ia may import the same amount of
and yet have are luccion Of rcve-
follows:
lon cost <;iC0 a ton III England last
q the al valorem duty was c5 per
y he duty would be SO, but If iron
k5o per ton II England this year,
sn al valorcm duty Of o5 per cent,
ty would be only $3.50, or 50 per
ess than last year.
may reduce the cd valcrem duty
Bar below that ot last year and still
the revenue as follows:
ron cost 500 per ton III England
hear, and if the ad valorem duty
B per cent and you should import
bn, the duty would be $25. Now,
should reduce the ad valorem
TO l24 per cent, or 30 per cent less
asst year, and should import one ton
Sn at 500 per ton, the duty would
80, or 50 per cent less than last
may reduce the ad valorem duty
fear below that of last year, and
hay increase the revenue as follows:
ron cost so per ton in England last
and il the ad vaiorem duty should
per cent and you should import
|pn, the cuty would be $3.50. Now,
8 reduce the ad valorem duty to 12t
)ent, or so per cent less than last
and you should import two tons Of
BIT 500 per ton, the duty would be
br TO per cent more than last year.
)u may increase the ad valorein duty
Eea, over that of last year and re-
the revenue as follows:
|iron cost 500 per ton in England
wear, and if the ad valorem duty was
er cent aad you should import one
the duty would be $25. Now, if
should increase the duty to 50 per
/ or 100 per cent greater than last
!, and you should import only one
ton of iron at $50 per ton, or so
cent less than last year, the duty
ld be $3.50, or so per cent less than
year.
Du may increase the ad valorem duty
year over that of last year and in
Sc the revenue as follows:
iron cost $l00 per ton in England
year, and if the ad valorem duty was
er cent and you should import one
the duty would be $25. If you in
Sc the ad valorem duty to 100 per
!, or 800 per cent greater than last
!, and you should import one ton OF
at 800 per ton, the duty would be
J, or 800 per cent greater than last
on may reduce the ad valorem duty
year as compared with last year
stall have the same revenue as fol-
8:
iron was $1OO per ton in England
year and the ad valorem duty was
er cent and you import one ton, the
7 would be $25. If iron this year
1ld cost $50 per ton in England, and
should import two tons, the duty
i'd be $25.
on may increase the al valorem duty
year over that Of last year and still
Q the same revenue as follows:
iron cost 800 per ton in England
year and the ad valorem duty was
er cent, the duty would be S25. But
on should cost $50 per ton in Eng
! this year and the ad valorem duty
raised to 50 per cent, Or 100 per cent
9 than last year, and you should i'm
one ton, the duty would be $25.
ne foregoing problems are respectful
submitted for Professor Wilson to
9 upon which particular basis he has
led the information that the receipts
ustom duties under his tariff bill will
40, 7O7, ,784.06 less than the duties re-
ed In 1898. The solution Of this pro D.
will do much to solve the other prob
whether American factories must be
nanently closed and American labor
ain permanently idle. Mathematical
aracy is essential, as the professor ev-
lily appreciates, having worked his
blem out in minute detail down to the
cents. The happy solution OF this
stion may also definitely determine
'ther a < road statesman "- q \ eyed
tlclan or whether X Il x a.