The River Falls times. [volume] (River Falls, Pierce County, Wis.) 1894-1933, 1897-03-23
CHAIRMAN DINGLEY GIVES OUT A
SYNOPSIS OF THE NEW BILL.
The Duties Have Been Male Spec1nc
as Far as Possible to PrOtect the
Revene and Also the Industries
Reciprocity Provisions of the Act
of 100 Have Been Restored anu
the Policy Extended.

mittee, in response to request tnat he
furnish a synopsis of the new taflH
bill presented by him, makes the Iol-
lowing statement:
The bill has two purposes, namely 10
raise additional revenue and to encourage
the industries of the United States. On
the basis of the importations for the last
fiscal year, the bill could increase the
revenue about $112, 900, O00 divided among
the several schedules roughly, as follows:
A, chemicals, $4,000, O00 B, crockery ana
glassware, $4,OOOOO0; G, metals, S4,OOo'-
900; D, wood, $1,75OOO0; E, sugar, S2l,-
75O 900; F, tobacco, 100000; G, agri-
cultural. Sc, 300, 900; H. liquors. $1,8OO,ooo;
I, cottons, $17O0,OOO; j, jute, linen ana
hemp, $500, 900; K, wool, SIT 1900 900; DO
manufactures of woods. $27,0OO,OOO l.,
silks, 81, SOC, 900; M, pulp and paper, $685.
900; N, sundries, $6,200.0O0.
This estimate is on the supposition that
the imports of each class of goods would
be the same the next fiscal year as in tho
fiscal year ended last June. But as the
imports of wool were three times as
great and those of 1882 more than twice
| as great in pounds as in 1893, the COM
mittee assume that the excessive inpor-
tation would be largely reduced by the
proposed BILL although the fact that our
domestic production of wool has dimin-
ished 100000 pounds since 1893 will ne
cessitate the importation of much more
wool now than in the latter year. AS
Stunning that the imporrationS OF wool
will fall off, at least one-third from those
of 1885, on account of anticipatory I'M
ports to avoid duties, we place the in
creased revenue from this source at $11,-
AnfiCin9tinp
ports of Woolens will fall off nearly 90
per cent from the enormous imports or
1896, we estimate
The Increased Revenue
from. this source under the proposed rates
at about $14 0O0, 900. From sugar we estl-
mate 500, 600 900 additional revenues. An
ticipating a considerable falling off of i'm
ports of Havana tobacco because of the
| revolution in Cuba, we reduce the estl-
| mates of additional revenue to be de-
rived from the tobacco schedule to 81, 0OO,-
900. The remaining schedules would
afford a revenue of about $39, 600 on
the basis of the imports of 1896 but as
there would probably be diminished i'm
ports at some points, although the grad
ual restoration of business activity would
| offset this by increasing the consumption
of imported luxuries, we reduce the esti-
mates on these to $31 ,0OO, 900. These
| would aggregate an additional revenue Of
| $50, 600, 900 the first year. A further re-
| tingencies would leave $70,00O,O00 to $75,-
| 100000 as the probable increased revenue
| from this bill the first year, which would
undoubtedly rise to $100,000,000 the second
year.
These estimates are below rather than
| above the probable result unless a con-
| siderable delay in the enactment of the
| bill! should greatly enlarge the opportuni-
| ty for imports of articles on which duties
| are to be raised-particularly wool and
| woolens-for speculative purposes. I'm
| doubtedly any delay beyond the first of
| May in placing the bill on the statute
| book would result in a large loss of revc-
| nue.. This increase of revenue is secured
| by transferring wool, lumber, crude
| opium, argots, paintings and statuary
| straw ornaments straw mattings, bur-
| laps and various articles from the free
| list of the present law to the dutiable list;
| by increasing the duty on woolens to COM
| pensate the manufacturer for the duty
placed on wool; by raising the duty ON
| sugar about q of cent per pound in or
| der to encourage the
Production in This Country,
which it is believed can be done and thus
| give our farmers a new crop which we
| now import mainly from abroad, by in
creasing the duty on agricultural products
| affected by Canadian competition and on
| fine cotton goods some advanced manu-
| features of iron and steel, manufactures
| of jute, flax and hemp in order to en-
| courage these and other industries here
| and especially by increasing duties on
| such luxures as liquors. tobacco silks
| and laces, ETC.
AS a rule the rates of duties proposed
| are between the rates of the tariff of
| 1890 and the tariff of 1894 such reduction
| of rates from the former law, preserva-
ton OF the protective principle being
| made feasible by changed conditions. The
| iron and steel schedule is changed very
| little from the schedule in the tariff Of
1894, the change being entirely in the
| more advanced articles. The same is
true OF the cotton schedule. In the agri-
culturaI, wool and glass and earthenWare
| schedules alone are the duties of the act
| of 1890 fully restored as a rule, and in a
| few cases increased, with the view Of
| amply protecting and encouraging our
farming interests by every possible point
| While the duty on clothing wool is larger
| in proportion to the foreign value than
| on manufactured articles, vet it is
thought desirable for the public interest
| and for our agriculture that we should
| produce this prime necessity for our
selves. The duty on carpet woods. as
| We'll as upon many other articles, is inn
| posed mainly for revenue The irrita-
| ton caused by the use of a few woods
heretofore classed as carpet woods being
| used for clothing purposes has hean
remedied by transferring such woods to
| the clothing wool classes, but the d1tv
| on clothing wool has been restored ~
| the rate of the act of 1890 -
| Profession and Reciprocity.
| In framing this new tariff, the aim hoo
been to make the duties specific. or IT
least partly ipe ;ific, as far as possible
| to protect the revenue and also ia nro
| tect our own industries This has hasSn
| done in response to the wishes of tha
| better class of importers, as we'll as If
| tho administrators of the law and of orr
own producers The very general Sub
stitution OF SPECIFIC duties even where