Watertown republican. [volume] (Watertown, Wis.) 1860-1906, 1894-02-21
SOME SU1lS TO CRACK.
PROBLEMS IN AID VALOREMS THAT
AWAIT SOLUTION.

Questions For Professor Wilson to Exercise
His Gray Matter On--Perhaps His Math-
ematical Mind Can EnIighten an Anxious
Public.
You may have the same amount of ad
valorem duty this year as last and you
may import the same quantity of goods
subject to that duty, and you may have
an increase of revenue as follows:
IF a ton of iron cost $50 in England last
year and the ad valorem duty was 25 per
cent the duty would be $12.50 If iron
costs 800 ton this year in England and
the ad valorem duty is % per cent, the
duty would be $25, or 100 per cent more
than last year.
You may have the same amount Of ad
valorem duty this year that you had last,
and you may import the same amount Of
goods. and yet have are duction of reve-
nue. as follows:
If iron cost 800 ton in England last
year and the ad valorem duty was 25 per
cent, the duty would be $25, but if iron
costs $50 per ton in England this year,
with an ad valorem duty of 20 per cent,
the duty would be only $3.50, or so per
cent less than last year.
You may reduce the ad valorem duty
this year below that of last year and still
reduce the revenue as follows:
If iron cost $500 per ton in England
last year, and if the ad valorem duty
was % per cent and you should import
one ton, the duty would be $25. Now,
if you should reduce the ad valorem
duty to 125 per cent, or 90 per cent less
than last year, and should import one ton
of iron at 800 per ton, the duty would
be $3.50. or so per cent less than last
year.
You may reduce the ad vaIorem duty
this year below that of last year, and
you may increase the revenue as follows:
If iron cost $50 per ton in England last
year, and if the ad valorem duty should
be % per cent and you should import
one ton. the duty would be $3.50 Now,
If you reduce the ad valorem duty to 124
per cent. or 80 per cent less than last
year, and you should import two tons of
iron at 800 per ton, the duty would be
$25, or 100 per cent more than last year.
You may increase the ad valorem duty
this year over that of last year and re-
.duce the revenue as follows:
If iron cost 800 per ton in England
last year, and If the ad valorem duty was
20 per cent and you should import one
ton. the duty would be $50. Now, if
you should increase the duty to 30 per
cent, or 100 per cent greater than last
year, and you should import only one
half ton of iron at $50 per ton, or 80
per cent less than last year, the duty
would be $3.50, or so per cent less than
last year.
Yen may increase the ad valorem duty
this year over that Of last year and in
crease the revenue as follows:
If iron cost 800 per ton in England
last year, and if the ad valorem duty was
% per cent and you should import one
ton, the duty would be $25. If you in
crease the al valorem duty to 100 per
cent, or 800 per cent greater than last
year, and you should import one ton Of
iron at 500 per ton, the duty would be
800, or 300 per cent greater than last
year.
You may reduce the ad valorem duty
this year as compared with last year
and still have the same revenue as fol-
lows:
IF iron was 800 per ton in England
last year and the ad valorem duty was
25 per cent and you import one ton, the
duty would be $50. If iron this year
should cost $50 per ton in England, and
you should import two tons, the duty
would be $25.
You may increase the ad valorem duty
this year over that of last year and still
have the same revenue as follows:
If iron cost 800 per ton in England
last year and the ad valorem duty was
p per cent, the duty would be $50. But
if iron should cost $50 per ton in Eng
land this year and the ad valorem duty
was raised to so per cent, or 100 per cent
more than last year, and you should i'm
port one ton, the duty would be $50.
The foregoing problems arerespectful-
ly submitted for Professor Wilson to
state upon which particular basis he has
gained the information that the receipts
of custom duties under his tariff bill will
be $50, 707, 784.06 less than the duties re-
ceived in 1893. The solution of this prob
lem will do much to solve the other prob
lem whether American factories must be
permanently closed and American labor
remain permanently idle. Mathematical
accuracy is essential, as the professor ev-
identity appreciates, having worked his
problem out in minute detail down to the
very cents. The happy solution Of this
question may also definitely determine
whether < road statesman - x eyed
politician or whether K X-O.
Their VIII Be Done.
Windy Wilson, heed their prayer,
Thou and Grover, precious pair,