The Cambria freeman. [volume] (Ebensburg, Pa.) 1867-1938, 1897-05-28
FIRING At THU TARIFF.
Vests Speech Followed AID
riCh'S Statement.
NO NEED OF MORE REVENUE.
Ehe NIissourian Thinks the Money Raised
by the Last Bond Issue Would Hi the
Present Gzp-AIdrich's Long ExpIana-
tion-Canmon Also spoke.

leaders of the house
Senator AIdrich declared that the
estimates of the house bill by its franz
ers of $50, 600, 900 increase of revenue
If the bill should 20 into effect July /,
was excessive
Mr. AldrIch pointed out as one ex-
ampl le the wool schedule, from which
81. 10000 out of $40. 900. 900 increase
was expected. The ImpOTtatIOns III an
tiCIpatIou of tariff changes, would
make importation for a year unneces-
sarv. winch would cut of this revenue
almost entirely,
said he: The secretary of the
treasury estimates the expenditures
for the fiscal year ending June 30, 1898,
at St66. .g4G, on IS. The finance COM
IuItree estimate the revenue TO De de-
rived III the ,ame fiscal year from Gus
toms. If the provisions of the bill re-
uOrted by them should be enacted into
law. 1t SIS2, ~. .GOJ. This includes an
estimated revenue from the temporary
duty on tea of - 900, 900. The commit
tee estimate the receipts from internal
revenue for the same period at Sl1O,-
700, 900. Ii we add to this the treasury
estimate for miscellaneous receipts,
$4,000, 90, and the receipts on account
of the p1StOtfice, Sg6. 227 .016, we have a
year 1895 OF S469, 6II ,O76, or an estI-
mated excess of receipts over expend-
Itures for the year of 81, 125, OPS.
III the estimated revenue from the
duty on tea and the additional internal
revenue taxes should be omitted from
the commuters estimate of receipts,
there would be an estimated deficiency
of SO, 10000 instead of a surplus of
81, I25, OPS. The committee believe it
To be the imperative duty of congress
TO provide in the measure under CON
sideration for revenue which viii
certainly meet the requireme nts of the
government for the next fiscal year
Assuming that the necessity for ad-
dItIOnal revenue exists, and of this we
believe there can be no question. there
i no economic reason, ana certainly
none that affects the public int terests.
why beer and tobacco should not tear
theIr share Of additional taxation. The
committee believe that the duty pro-
pOsei on tea Will not prove a serious
burden upon the consumers of that
article
In reference to the sugar duty Mr..
AldriCh said
The pressing necessity for securing
greatly Increased revenues seems to
render return to the Republican
policy Of free sugar adopted i'll 1890 an
lmpO>sI Bllty- The demand for reye-
nues proposed ana the belief that every
reasonable effort should be made to en-
courage the promotion of beet sugar in
the Uni ed States led majority of the
finance committee to recommend the
high rates upon sugar which are con-
tanned III the bill now before the senate
important changes have been made
IN schedule X, both on the rates on
wool and manufactured woo!ens.
lin dealing with the wool schedule
the committee has suggested more lib
eral rates to the domestic woolgrower
than 1t has recommended for the pro-
ducer of any manufactured article in
the schedule 1t has also suggested for
MIN a more effective protection than he
has ever received under any tariff OF
the United : ates at the time of its en-
aCUment. The wOOlIrOwer is given tae
benefit of a specific duty upon all
classes OF wool. Under the oUeration
of this fixed specific duty the amount of
protection afforded will increa with
each new decline III the foreign value
of this new material
The committee has aimed to give
the wOOIgIowers rate of duty which
Will average from 10 TO 20 per cent
higher than the rates of earlier tariffs.
In doing this II has given higher pro-
lection upon the raw material than
upon the manufactured product in
every case.
Very careful consideration has been
given TO the compensatory duty on
wOolen goods. with the result of reduc-
ing the compensatory rates on low
grade goods, into whose manufacture
more or less other materials than wool
enter. On the hign grades compensa-
tory duties are fixed on the same basis
that has obtained in ali previous tariffs
The house bill rate of 81 per cent
on carpet woods costing less than I3
cents pound has created more agita-
ton and opposition than any other
feature of the wool schedule. 1t is al
legged by the wOolgrowers that this low
rate of duty on carpet woods destroys
the effectiveness of the protection
afforded upon the higher grades of
wool, by reason of the temptation it
offers TO import these low woods to be
used IN ChevlOtS, golf suitings and other
popular fabrics which do not require
fine woods.
To remove all possible ground for
complaint on this score they have fixed
the duties on class 3 woods at cents a
pound under 10 cents in value and at Z
cents pound over that valuation
Under these duties the ad valorem
equivalents will range on the various
clips from 30 per cent upto 80 per cent,
and, IN some instances. 20 per cent, and
they are hl5her than in any previous
law 1t IL certain that under these
duties foreign carpet woods cannot be
imported 10 take the place of domestic
woods in the cloth manufacture.
At the time the bill was reported
the committee stated in their behalf
that an amendment looking to the
more rapid development and extension
10 VIII
tries would be reported from the COM
mlttee at later day. The committee
have not yet found the opportunity to
prepare such an amendment. 1t seemed
TO them that the provisions of the house
bill IN this respect would not prove
effective. II is the purpose of the com
mittee to prepare a provision which
viii enable the government of the
United States, within certain fixed
limits and without further legislative
action. to enter upon arrangements or
TO negotiate reciprocity treaties looking
20 an extension or our foreign trade.
Mr.. PettIgrnw presented the amend
ment of which he has heretofore given
notice that when articles are manufact-
urcd by trust articles of such charac-
ter imported from abroad shall be free
of duty. He said he would ask it's
consideration Immediately after the
committee amendments.
MIR. Vest, Democratic member of the
finance committee, was then reCog-
nIZed. 1--WE know" he said, "the des-
perate condition of the country, the
ruined homes, the blasted hearts. If
prosperity can come from any source,
even from our adversaries. we will
bless the moment. l do not believe the
imposition of higher tariff duties will
dispel the clouds hanging above us,
bringing back tine sunshine and illu-
mlnatIng the whole country
1t had been SAID, Mr. Vest proceeded.
that adversely came with tn , adTe ent of
the Democratic party and prosperity
with the X pnblicin party. But that