River Falls journal. [volume] (River Falls, Pierce County, Wis.) 1872-2019, 1897-07-22


changes are mainly in the high grades OF
cotton underweat. with some modiflcatiors
of hosiery.
!" Flax, Hem and Jute. and Manufac-
hemp are adopted. Compromise rates on
manufactures of jute. fax. etc, are agreed
TO. the object being to develop the industry
in this country.
THE senate amer ments to place bur-
laps. bags. cotton L gging and straw mat
tings on the free list are disagreed to. and
these manufactures placed on the dutiable
list at reduced rates"
Woods and woolens.
''Wools and Woolens-The house rates on
wool of IL cents on class one and u cents on
class two are adopted. and the senate
specific rates on carpet wcols agreed to
with a modification raising the dividing
line so as TO place duty of four cents per
pound on such woods valued at u cents and
less. and seven cents on such woods valued
at more than II cents. The duties on manu-
features of wool are placed al substantially
the same rates as In the act OF 1890
''Slks-The duties on silks remain at sub
stanually the same rates IS provided by
the house
Paper and Pulp-The duties on wood
pulp for paper and on paper are converted
into specific form II substantially the pres
ent ad valorem rate, with a proviso added
for an additional duty as against any coun-
try that imposes an export duty on pulp
paper are substantially as they passed the
house.
''Sundries-This schedule remains sub
stantially as II passed the house.
Coal, however. is reduced to 81 cents per
ton. and coal slack or culm to 10 cents per
ton. as proposed by senate amendment
GA
"A duty of IS per cent. is placed on hides
of cattle, which were placed on the free
list by the house. The senate amendment
$3.50 proposed duty of 20 per cent. but this
has been reduced to Is per cent. A proviso
is added for a full drawback of the duty
paid on hides subsequently, exported as
leather.
paintings and statuary for private use
are made dutiable as provided by the house.
but al 20 per cent.
The Free List.
1.-THE Free List-The free list as It passed
the house is in the main adopted, except
that boiling cloths and several kinds OF
essential oils have been added.
THE house provision applying a remedy
to the wholesale Introduction of goods into
this country free of duty. by Americans
visiting Europe. is substantially adopted.
Reciprocity Provisions.
Reciprocity Provisions-The house and
the senate reciprocity plans are united and
adopted with notifications. In the senate
plan any commercial treaty must be APP
proved by congress before 1t goes into eff
feet. and in the house plan chicle. silk,
laces, sugar, mineral waters and hides
have been stricken out. and tonka and
vanilla beans added
THE senate provision imposing an equiv
alent counter-veiling duty on imports
from foreign countries which have been
paid an export duty is adopted.
The president is authorized to enter into
negotiations or commercial agreements In
which reciprocal concessions may be Sc
cured in favor of the products of the United
States. lie is empowered 10 revoke the
concession when satisfied that the agree
ment Is not adhered to in good faith by
any other country with which an agree
ment shall have been made.
What may be termed the retaliatory
clause of the provision is that which en-
powers the president to suspend by proc
lam9tIon the provisions of this act pro-
viding for the free Introduction of coffee.
tea, Tonquin or tonka beans and vanilla
beans coming from any country which i'm
poses duties upon products of the United
States he may deem to be reciprocaly I'M
equal and unreasonable. The rates which
he is thus empowered 10 fix are: on coffee,
cents per pound; on tea, 10 cents per
pound on tonka beans 90 cents per pound;
on vanilla beans, 81 per pound; on cuts. 81.
The president Is required 70 act within two
years In securing these reciprocal trade
treaties, and they are 10 be submitted to
the senate for its ratification. Articles are
TO be reduced TO the extent Of 20 per cent.
in these treaties, and the president Is spe-
officially authorized to enter into negotia-
lions " hicb will place certain articles upon
the free list for a specified period of tive
years.
internal Revenue Provisions-The sem
ate provision increasing the internal rev.
enue tax on cigarettes is agreed to with an
amendment covering cigarettes wrapped
in tobacco, and provisions to enforce the
collection of tax.
THE senate provision. changing the law
so as TO allow no re ate on beer Is agreed TO.
THE senate provision for a stamp tax
on the issue and transfer of stock and on
bonds issued by corporations Is omitted
from the bill.
1.-THE administrative sections, added to the
bill by the senate, are Substantially the
same as those passed by the house in the
Fifty-fourth congress. and are agreed TO
with alight amendments"