The herald. [microfilm reel] (Los Angeles [Calif.]) 1893-1900, 1897-07-27
TARIFF LAWS
Took Effect at Midnight
Friday
PROSPERITY HASN'T ARRIVED
BUT SHERMAN SAYS IT'S COMING
SOON
PROSPERITY HASN'T ARRIVED
inconsistencies in the Hastily Con-
structed Bill Threaten to Give
Rise to Trouble
Associated Press Special Wire.

the customs: The president having this
day approved the tariff act recently
passed by congress, the tariff act of Au-
gust 2S, 1894, so far as it has been su-
perceded by the new act. became void
and of no effect at midnight on July
20, 1897. (See SYNOPSIS, 1881 and 16, 49,
All merchandise entered at the custom
house on and after July "a under he
rates of the act as mentioned will be
subject to liquidation under the pro-
visions Of the new act. All existing reg
ulations relating to the importing of
merchandise and the proceedings there
to will continue in force and effect unless
duly modified or revoked
(Signed) w. B. POWELL,
Assistant Secretary.
AMOUNTS INVOLVED
WASHINGTON, July Ex-senator AL
lison was at the Treasury Department
today, ard in the course of & converse
ton on the subject said that, in his opin-
ion, there was no reasonable doubt that
the act covered all the day on which it
became law. This also is the viaw all
prominent officials of the Urea sury De-
partment, including Collectors of Gus
toms at New York and several of the
lee ding ports of the country
Sufficient data upon which to base a
close estimate of the amount of duties
involved have not been received, but it
is stated roughly that it probably will
be between $1,000 and 100000 The
Internal Revenue Department will save
even great amount by the new ruling
that the customs branch OF the service.
During the five days from Tuesday, July
goth, TO and including Saturday, July
oath, internal revenue stamp agencies
sold approximately s5,1S1, 500 in beer
stamps alone, and of this amount it is
estimated that not more than one-third
reached their destination before the act
went into effect. The saving to the gov
eminent on these sales of beer stamps
alone is expected to aggregate not less
than S1S3,O00. Commissioner Forman
today telegraphed all stamp agents to
settle on the basis of the increased rate
of ~ cents per BARREL and it is expected
that these instructions will apply in all
cases where stamps were not actually
affixed to packages before the new rate
became operative. No figures as to the
amount of cigarette stamps disposed of
has yet been received, but it is believed
that sales have been abnormally large,
as the rate of tax on cigarettes, speaking
generally, was increased 100 per cent, or
from so cents per 1000 to 81. The induce
ments to tobacco manufacturers to lay
in a large supply were even greater than
in the naSI Of the brewers
sHERMAN'S VIEWS
NEW YORK, July 26.-The World
SAYS: Secretary of State John Sherman,
who is enjoying vacation at Amagan-
sett Bay, consented to an interview. The
Secretary was asked if he heard that
President Mckinley had signed the tariff
bill
Yes, I read it in the papers," he said.
"Of course, 1 was looking for it."
"And will we now have prosperity"
I'VE have not rid ourselves of the i'll
effects of the Wilson tariff bill. l think
that business is picking up and will con-
tinue to improve.
I'VE must not expect too much too
quickly. 1t may take little while be-
fore trade will fully feel the stimulating
effect of the new protective tariff but
it will not be long"
I'm the foreign press, particularly in
the German newspapers" it was sug
gested, 1.-THE new tariff schedules are be-
ing very bitterly commented upon, and
there are threats of retaliatory meas
ures.'
well" said Mr. Sherman, "that is
nothing; or, rather, that is only to be
1,o ;vta n
tariff which imposes a duty on foreign
made goods it is quite naturally objec-
tionable to foreigners, and that their
newspapers should think Of retaliation
is not auall surprising. 1t has always
followed the making of a new tariff"
Did you read the Presidents currency
message and of the failure of the Senate
to act?"
Il did. and I must say that am not
surprised that it failed to secure action
was quite positive that after the tariff
bill was signed Congress would adjourn
without touching either the currency
question or the annexation treaty"
ZANTE CURRANTS
| WASHINGTON, July 26-The state.
ment from San Francisco that by ar
error currants figure in the tariff bill il
Two separate paragraphs and at twl
separate rates is erroneous and arise.
from the fact that Californians are evil
IDENTIFY ignorant of the fact that the con.
ference committee fixed the discrepanc,
by striking currants from the first para
graph imposing a rate duty per bushe
and allowed the pound rate paragraph t,
stand.
TROUBLE BEGINS
WASHINGTON, July 26.-The treas
ury officials already have discovered
number of inconsistencies in the new
tariff act, some of them, 1t is feared be.
ing Incapable of reconciliation. 1t il
pointed out that section 1852 places thu
duty on plums at 25 cents per bushel ant
section 264 fixes the rate at cents pei
pound. An error in the paragraph OF
currants was corrected in conference
Another section fixes the rate of duty OF
hides of cattle at Is cents a pound an(
admits raw skins free. The question in,
volved is the classification of calfskins
it being commended that commercial,
calfshins are not classed as hides O.
cattle, and hence are entitled to fire,
entry, which Is liable to be contrary +,
the purpose of congress. Attention. il
also called to the fact that the provision
as to licenses for customs brokers was
by inadWertence, 1t is believed, left on