The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1897-05-26


steady growth and development of all
sts-agricultural. manufacturing
and commercial. The provisions OF
tariff law affect all these interests in
nulnberless ways, and unless there can
be stability in the tariff policy there
can be no certainty of prosperity Tor
Industrial conditions in this country.
Which, with very. few exceptions, DO
not demand a return to the rates i'm
posed by the act of 1890. The bitter
contest which is going on among the
leading nations of the world for IN
duStrial supremacy has brought ABOUT
improvements in methods and econom-
les IN production to IN extent whlch
was not thought possible a few years
ago. These new conditions must be
taken into account in considerong the
rates to be imposed.
Without relinquishing one particle
of our devotion to the cause OF pro-
lection, we feel that we have a right
10 ask that the cause shall not be
buTdened by the imposition of duties
which are unnecessary and excessive
In the adjustment of rates, the COM
mittee has tried in every instance to
make them sufficiently protective to
domestic interests without being pro-
hinitive.
The trainers of the house bill esti-
mate total revenue from the bill of
would be the largest revenue received
from customs duties and an increase or
S113, 479, 1893 over the customs revenue or
1896. and OF 1878, 253 over that OF
1898
THE report of the ways and means
committee of the house recognizes the
fact that the anticipatory importations
will largely reduce the expected
revenues of the first fiscal year under
the new tariff, but after making al
lowance of the importations the report
estimates an increased income of $l6.-
600, 900 for the year 1895, provided the
law should be passed by May l.
1T its enactment were DELAYED ullt ad
July ], the report added that ST., ,O0O
additional would easily be lost to the
public treasury"
After giving in detail the house es-
Inmates of revenue, Senator Aldrich
went on to quote facts and hgures 10
show that the estimates were based
upon erroneous conclusions. he nelo
that the immense importatfons OF wool
in anticipation of the new law had
made it impossible that the wool sched-
ule would produce revenue for year
at least. In this connection he held
that unless a, duty was levied upon tea
and the proposed increase OF the inter
nal taxes was made there would be
deficit instead of a surplus for the next
fiscal year. Continuing, he said:
1.-The adoption of a revenue bill which
should fail in its purpose and which
would create an additional deficiency
in the immediate future and which
would require a further issue of bonds
to meet current expenditures would
certainly be fatal to the hopes of flu
ture success of any political party re-
spOnsible for such legislation. In Sc
lecting the sources for additional reve-
nue. the committee decided 20 inrcease
temporarily the tax on articles Of vol
untary use rather than to assess addi-
tionai duties which might prove in
operative upon articles of necessity or
upon those which enter into our manu-
featured products, assuming that the
necessity for additional revenue exists,
and of this we believe there can be no
question, there is no economic reason,
and certainly none that affects the pub
lie interests. why beer ana TOBACCO
should not bear their share of addi-
tional taxation. The committee be-
lieves the duty imposed on tea will not
pI-ove g. serious burden upon the con-
sumers Of that article.
Nothing in the theory of protection
interferes with the imposition of fur
Their international revenue taxes by
protectionists, whenever such course
is found desirable for revenue purposes.
we shall be obliged to depend more and
more upon taxes of this nature for nee
essary revenue.
I'm the years to come we must ex-
pect a decrease rather than an increase
in the customs revenue to be derived
under the principal schedules of the
tariff.
with duties adequately protective
upon manufactures OF cotton, wool, silk
ron f1x-
diminishing revenue from the impor-
tations of these products. If the rates
imposed by this bill on sugar should be
found 10 lead to the rapid development
of the beet sugar industry in the Unit
ed States, we may expect large reduc-
tons year by year from the contem-
plated revenue from sugar. Some of
the most Sanguine advocates of the
policy of encouraging beet sugar pro-
duction in this country believe that we
shall. within ten years, produce all OF
our sugar.
The legitimate result of a protective
policy is TO give the American market
to American producers. When this be-
comes an accomplished fact the reve
nue. growing out of protective duties
dfsap pears. 1t must be evident, there
fore that we must look for other
sources of revenue. Whether it should
be along the line of an increase in in
ternal revenue taxes such as we have
suggested, or whether some other
sources of revenue should be sought, it
is not necessary now 10 determine.
1T is safe to assume unat numerous
directors viii always be found to any
plan for increased taxation. In this
particular case the committee is only
strenuous that a wise public policy re-
uuires that our revenues should at all
times he ao,lal 10 our expenditures. and
that the people Of the United States
will not be satisfied with any revenue
measure that does not provide ade-
Quate income for this purpose"
AS to the sugar schedule, he said:
In the sugar schedule E. we have sug-
gested a change in rates and in the
manner OF assessing the duties. AS the
schedule is very important one, it seems
proper that l should explain definitely
the effect of the provisions we recon-
mend.
United States is about 100000 gross tons,
of 2240 pounds each. with d value based
on foreign prices approXimating $50 Oo0, 600.
If the high duties proposed in either
the house or senate bill should be adopted
the annual cost Of sugar to consumers
would be more than $4,000 coo: of the
of 1886. 10000 tons, or per
cent were beet sugars produced in the
United States. and 240.O 900 tons or y per
cent were domestic cane sugars, and |
% 600 tons or per cent. were sugars adj |
Initted from the Hawaiian islands free of
duty under our treaty with the Hawaiian
The 100000 tons of sugar
consumed in the United States constitute /
nearly 30 per cent of the total conSump-
ton Of the world, the total sugar crop of
1895 being approximately 100000 tons, of |
which 4,300 coo. or about 6l12 per cent of /
the whole were beet sugars.
The pressing necessity for securing 1
greatly increased revenues seem to render /
a return TO a Republican policy of free /