Twice-a-week plain dealer. (Cresco, Howard County, Iowa) 1895-1913, 1897-03-23

OIL Jusrlce TO TINS urge inouslry anu IN ene
Interest of revenue, with little change in
duties except on white pine, which has been
restored to the duty of 1858. The duty on
wrapper tobacco has been restored to the
ate of 1890, and the rate on filler tobacco
increased, partly for purposes of revenue
and partly to better equalize the duties
on wrappers and filters. The general pol
Icy pursued has been to raise the duties
on luxuries. While the duties on more
than three-fourths of the articles on the
dutiable list are lower than those provided
in the act of 1890, yet converted into the
delusive terms of ad valorems they Will
In many cases appear to be higher, not
withstanding the actual rates are less.
Some of the Changes Made.
1.-THE aim has been to make the duties
specific, or at least partly specific. wherever
practicable; not only to protect the rev.
enue against differentiation frauds, but
also to give our own industries the pro-
lection carried on the face of the tariff,
and in carrying out this policy we have
had the sympathy ard aid Of reputable inn
porters. This has been done for the most
part in the chemical, glass; iron and steel,
lumber sugar, tobacco, agricultural. liquor,
cotton. flax and jute, wooden, silk, paper
and sundrieS SchcdGleS-in the silk for the
first time, Notwithstanding eX-Secretaries
commended this some years ago. Several
articles, like argots, opium, asphaltum,
chicory root, feathers and downs, paint
ings and statuury, Chinese f!oor-mattins.
lemon juice, mineral waters, halter push,
straw ornaments, sago -four, ETC.. have
been transferred from the free to the dutia-
BILE list for revenue purposes, While such
articles as wool. lumber, hurlaps hags ana
salt have been restored to the dutlahle list.
from which they should never have been
removed.
Reciprocity Restored.
1.-THE reciprocity policy inaugurated in
the tariff of 1890, which proved so great a
success in the brief period of Its existence.
Is not only restored, but enlarged. Tho
provisions of the act of 1890, authorizing tho
president to impose duties on coffee, tea,
skins and hides, in case the countries eX-
porting such articles decline to extend
equivalent concessions to exports from the
United States, are reenacted, sugar Delns
transferred to the schedule of articles on
which duties are imposed. The president
Is further authorized to negotiate with
countries exporting argols, chicle, cham-
payne, brandy, sugar, wines, mineral wa,
tiers, paintings and statuary and silk laces,
with view to secure reciprocal and equiv
alent concessions in favor of the products
or manufactures Of the United States. 1t
is believed that this extension of the reel.
procity policy of the tariff of 1890, strength
concession In return for equivalent conces-
sions, will result in even more advantageous
commercial advantages than those thar
were secured under the act Of $780,
Revenue Incrcased S113,OOO,OOO.
ION the assumption that the imports
under the proposed tariff BILL II enacted
into law, would be the same as the imports
in the fiscal year ended June 30, 1S96, the
revenue which the several schedules OF
the new bill would yield, If 1t should be
enacted into law, compared with the rev.
enues obtained under the present tarin
in 1896. and also compared with the revenue
yielded by the tariff of 1890, fiscal year
1898, would be about $113,000,000 more than
under the act of 1894. What the actual
revenue would prove to be in the year fol-
lowing the enactment of the proposed meas
ure into law is, of course, dependent
upon contingencies which cannot be fore
casted with any approach to certainty, and
will therefore be subject to varying esti,
mates.
Danger of Delay.
ut is probable that any delay beyond the
first of May would result in a loss of from
81, 900, 600 to $2,OO0,000 of revenue for each
week of delay. If the proposed tariff re-
vision could be enacted into law by April
5, undoubtedly the revenue for the first
year under its operation would be from
$50, OO0, 900 to s25,00O0C0 larger than it would
be If it's passage would be delayed until tho
LIST of July.
"If 1t should become a law by May, it is
more than probable that it would yield
an increase of revenue of nearly $40, 00O, O0O
from sugar; s20,0O0,000 from wool; $4,000
900 from manufactures of wool assuming
that the imports of each would be one-half
what they were in 1886; $1,5OO,OO from lun-
Der; 100000 from tobacco assuming that
the revolution in Cuba will continued:
81, 100000 from silk manufactures; $4,000, 0Gl
from metals; 100000 from glassware and
earthenware; 100000 from chemicals Qn-
Guiding argols and opium transferred from
the free list; s5.O0O,00O from jute and fax
dncluding burlaps and bags transferred
from the free lisD; 100000 from agricul-
tural products and fruits; s1,500,000 from
liquors; s1,5o0,OOO from silks; $4,000 from
sundries dncluding articles transferred
from the free lisD; s1,500,0O0 from cotton
laces and other fine goods and yarns; or q
| total of s75,0OO,000.
'It is easy to see how delay in the enact.
ment of the bill to July l. for example
| would easily take from the treasury $751;
| 100000 of revenue and turn 1t into the
| pockets of spectators importing wool
| wooden goods, sugar and other articles on
| which 1t is proposed to increase the rev.
| enue, and at the same time deprive wool
| growers and producers and manufacturers
| of the benefit that would arise from the
| prompt passage of the bill proposed"