Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1897-03-16
MIR DINGLEY on HIS BILL.
Explains How Revenue L. to he De-
rived and BENEFITS Therefrom.


late hour in the session Of the House to-
day Chairman Dingley presented for
reference TO the Committee OF Ways and
Means. of which IT was well understood
he was again to be chairman. the tariff
bill upon which he and his Republican
associates have been engaged for many
weeks.
Most Of the essential details Of the bill
except its administrative features, which
are embodied I'm the last 400 words of
the bill. beginning with section 3, have
already been made known in these dis
patches. But in discussing the general
scope and purpOrt OF the bill to a repre-
sentative of the Southern Associated
Press to-day, Chairman Dingley gave an
interesting synopsis Of what he expected
Of II. as follows:
THE bill has two Durposes-namely, to
raise additional revenue and to encourage
the industries of the United States.
ION the basis Of the imDortations Of
crease the revenue about Sll200000O, di-
vided among the several schedules
roughly. as follows
"Class A-Chemicals $4,000
=. Class B-Crockery and glassware,
Glass C-Metals. 100000.
"Class D-Wood H.7jOO0O
"Class E-Sugar. s20.750O 600
"Class F-TObacco. 81. 900 600
"Class G-Agricultural $6.5000O0.
"Class H-LiquOrs. $3.50 600.
"Class I-COttons. $4,000
"Class J-Jute, linen, and hemp, $780,
"Class K-Wool sl7.5OOOOO; manufac-
turings of wools S27 0O0
"Class I-Silks. Sl.5OOO0O.
Glass M-Pulp and paper, $4,000.
"Class N-Sundries. S6,2O0,0OO
REDUCED IMPORTATION.
This statement is on the supposition
that the imports of each class of goods
would be the same the next fiscal year as
in the fiscal year ended last June. But as
the imports of wool We're three times as
great and those of wOOllen goods more
than twice as great i'm pounds as i'm 1898.
the committee assume that their excessive
importation would be largely reduced by
the proposed bill, although the fact that
our domestic production of wool has d
minished 100000 pounds since 1893 will ne
cessitate the importation OF much more
wool now than in the latter year. AS
suming that the importaticns of wool will
fall off at least one third from those OF 1886,
account OF anticipatory imports TO avoid
duties, we place the increased revenue
from this source at Sll.Oe,cO Antici-
pating, also, that the imports Of woollens
will fan off nearly 10 per cent from the
enormous imports of 1896. we estimate the
increased revenue from this source under
the proposed rates at about $l40o0,000.
100000 MORE FROM SUGAR.
From sugar we estimate $40 600 addi-
tional revenue. Anticipating considerable
falling off OF imports OF Habana tobacco,
because of the revolution in Cuba, we re-
duce the estimates of additional revenue
TO be derived from the tobacco schedule to
ST. 600 900. The remaining schedules would
afford a revenue OF $3g,JOO,OOO on the basis
of the imports OF 1896 but as there would
probably be diminished exports at some
points, although the gradual restoration
OF business activity would Offset this by
increasing the consumption of imported
SuXllries. we reduce the estimates on
"a an rarr..Ira a a.
an additional revenue OF $50. 900 the first
year A further reduction OF iive or ten
millions for contingencies would leave SlO,-
100000 10 N5,OO0.OOO as the probable IN
creased revenues from this bill the first
year. which would undoubtedly rise 10
500 O00. 900 the second year.
'sThese estimates are below rather than
above the probable result. unless con-
siderable delay in the enactment OF the
bill should greatly enlarge the opportunity
for imports OF articles on wnlcn duties are
TO be raised-particularly wool and WOOL
lens-for speculative purposes. undoubted-
lv any delay beyond the first or May IN
nlacing the bill on the statute-book would
result in a large loss OF revenue
HOW THE INCREASH Is MADE.
.'This Increase of revenue is secured by
transferring wool, lumber. crude opium
areole. paintings and statuary, straw or
straw mattings. burlaps, and
various other articles from the Tree list
cf the present law TO the dutiable list; by
Increasing the duty on woollens 10 COM
pensate the manufacturer TOT the uuty
nIaced on wool; by raising the duty on
sugar about 3-4 OF a cent per pound, IN
order TO encourage the production OF sugar
In his country, which IL is believed can
be done and thus give our farmers new
crop which we now import MAINLY rom
a sh,cad. nv Increasing the duty on agricul-
9nral PRODUCTS affected by Canadian COM
na,f,ion and on fine cotton goods. some
advanced manufactures OF iron and steer,
manufactures OF jute, flax, and nemp IN
order 10 encourage these ana otner lnuus-
coNcLUpED ON SEVENTH PAGE)