Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1895-06-12
THU TARIFF on LUXURIES.

The McKinleyites are saying that by
reducing the rates of duty on wines,
Scotch WHISTLES, gloves, diamonds, vel
vets, cigarettes, cigars and tobacco, the
Democrats have sacrificed over $42,-
100000 of revenue"
In every way is this false. The new
tariff makes no change in the Mckinley
duties on wines. on diamonds and
other precious stones "cut but not set
the new tariff actually raises the Nc
Kiuley duty of 10 per cent. to % per
cent. How this VIII affect the revenues
remains to be seen; but this is the only
change made in regard to the luxury Of
diamonds
In 1898 Cthat year is taken because I'M
1898 the imports We're much larger
than in 1893 The total imports Of spir-
it's. including Scotch WHISTLES, amount
ed in value to 81, 469.59S, and the duties
amounted to S267S199. In changing
the rate Of duty on spirits from $3.50 to-
S1S0 per gallon the estimated revenue
from this source is S1.92S,SO3 on the
same quantity of imports, or a reduc-
ton of not quite S75o.O0o. With an in
crease of Importation. as has already
been indicated. the reduction in reve-
nue. viii be still less; so that this item
win not so far toward the sacrifice"
of SI2C0000O on Injuries in the new
tariff.
The duties on linen and silk laces,
embroideries and edgings are reduced
from the Mckinley rate of go per cent.
TO so per cent In 1893 the value Of
these imports was $1L745.75f. and the
duties amounted to S10.C4L452. With
the same quantity of imports the loss i'm
revenue would be S1O64.745; but the re-
turns Of trade show that this class of
imports is increasing and hence there
vii be less loss Of revenue, if any. from
this source.
The duties ON kid gloves are reduced
20 uniform rate Of 40 per cent, MAX
ing an average reduction of about %
per cent There has been a consider
able increase i'm the importations of EG
gloves. but it cannot be determined to
what extent the revenues from this
source will be increased or Unfinished.
On yelyets. pushes and like fabrics,
the Mckinley duty of y per cent. has
been reduced to 55 per cent The rev
enues from this source amounted to
S2179.69o i'm 1898. and with quantities
and values unchanged the revenue UNI
der the new tarin would Doe S1672107
IA loss Of S507S53. There has been a
larger increase i'm these imports since
the new tariff went into operation and
there is no doubt it viii more than
cover the loss of revenue from the re-
ducton of duty
ON tobacco and an its manufactures
the total value of imports i'm 1898 was
SI2.5SS.4o1, and the revenues amount
ed to Sl+S319S9 at an average duty of
not quite lis per cent This duty has
been reduced TO not quite 100 per cent.
and the revenue at this rate would
amount to Sl3.33L977 should imports
remain the same i'm value and quaint
tiles making a loss Of about SL50o.-
oo0 But the slight reduction of the
enormous Mckinley duty of s. a pound
on leaf tobacco promises to- increase
this import. In fact the imports of
! leaf tobacco manly Sumatra, for
wrappersl i'm the nine months ended
March 81. 1895. amounted i'm value to
| S11. 223.OS7-an increase of upward of
100000 over the corresponding
months I'm 1894 At this rate there VIII
be small loss of revenue from tobacco.
Instead Of a sacrifice" Of So. O0O, 900