Clinch Valley news. [volume] (Jeffersonville, Va.) 18??-2019, 1897-05-07

Way the Tru.t Can Dictate ssck Uat-
rnRcouaIy High Duflra.

rnReouaiy High Dutfea.
One OF the worst schedules IN the
Dingley bill Is that relating to cutlery
especially pocket cutlery. The da-
ties on poclsetkhiscs range from 100 per
cent. TO 500 per eent. pbove present dp-
ties and psc nearly ibcbie those I'm the
Mckinley I'LL. Why. you will ask. airs
these duties SO extraordinarily highf
And why are they allowed io remain
there? Doth questions are easily an.
swered.
II is unnecessary here % go Into de-
tails. Before MrlIinIeyE hoinihaiioh
one of the Eve or six large manufuctur-
ers OF pocket cutlery. who was prom
inent in the trust, which raised priccs
an average of about IS per cent.
under the Mckinley bill. began 70 hua-
tie for Mckinley. lie Is said TO hnee
raised large sum OF money by passing
the hat among the % or - cutlery maB-
ufacturcrs. Just how the money WA
spent Is not known II ls possible. how
ever. that several McKinles uclcHAtea
TO 81. Louis owed theif pteSSnce there
10 this fund. The hat passef himself
wns one OF the very few Delegates front
New York who was for Mckinley fir~t,
last and all the time. lie was one OF
Hanna's most trusted ncutenants. Ono
OF the two fnvors which hc Is said t6
have asked as compensation for his valS
uahle services was the fixing of the cut
lery schedule. This privilege. being an
ordinary and expected one hntlet the
protection system. wns rradily grapted
hy the power behind the throne. This
! Is probably the whole story. II explains
fully why the duties nre there and Why
they will stay there.
Below Is given In detaI, esttns oi thS
/ effects OF the proposed duties .Rspplied
I TO importatlons For the lasi hscai ycaF.
| or course but few knives Will he ltii-
ported under such cxori,itant duties.
PROPOSED scITEptii.E.
First--An pocketknives not cosiing moro
than 20 cents dozen. 20 per cent. ad
vnlorem.
second.-costins more than n cenip 4
dozen. ! blade. 20 per cent Nd Vnlorem and
q Third-costing moro than 10 cents a
dozen, blade. 20 pei cent. ad Valotcth and
81 dozen.
I az pearl or shell 10 cents dozen extra :
4 Fourth--Costing more than 40 cAnts d
dozen. blade. 20 per cent ad vHlorcm and
A.. si.t0 "A dozen.
Fifth-Costing more than 20 cents 4
vaiqrom and s. Q dozen.
Uf pearl or she'll. 70 cents dozen extrd
| on and hiades)
Calculation showing result la sed on i'm
portations for fiscai ycnt iSo6; All knivee
costing 20 cents per uozcn and lees;
290.Ooo dozen, bvcrnge price, 1 eehts.
value. f7G.ad0: ~ per cent.
Knives costing OVER 40 cents per dozen:
5000 dozen. blade, average pfice, eC
cents: value. t2s. 500; at 20 per tenC and O
cents a dozen; duty, s29.sC0.
$4,000 dozen. blade. avrragS price:
sos: value. sio5. 200: at 20 per cent Anu 81 \
dozen: duty. t62,7S2.
g77.ooo dozen. blade. average price. 81. n;
value. S31l 100; at 20 per cont. aud 81 80 z
dozen: duty. StSs.SsS :" 4"
2Jt.oco dozen. blade. average pfics
si,71: value. si3a.4e0: at 20 per cent. and s;
per dozen: duty. s5aa.SsL
Total value. u.225. 7so; total duty. $780,.
25i; i2qiS per cent.
Estimated that Of 2 q and binde 2s pei
cent. arc OF pearl or shell, adding duty ~
follows: