The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1897-05-26

/ NkHAN ANA klllh
CAT this point the senator took up the
sugar schedule. His statement will be
found on sixth page)
The Wool schedule.
important changes have been made
in schedule X, both on the rates on
wool and on manufactured woolena.
I'm dealing with the wool schedule,
the committee ,have suggested more
liberal rates to the domestic wool grow
er than 1t has recommended for the
producer OF any manufactured article
In the schedule; It has also suggested
for him more effective protection than
! he has ever received under any tarlr
law OF the United States at the time OF
Its enactment The wool grower Is
| given the benefit OF n specific duty upon
nll classes Of wool. Under the operation
OF this fixed specific duty, the amount
OF protection afforded will increase with
each new decline In the foreign value OF
this raw material.
The committee has aimed to give the
wool growers rate OF duty which VIII
average from 10 per cent to 20 per cent
| higher than the rates Of earlier tarlfIs.
In doing this, It has given higher pro-
| lection upon the raw material than up
on the manufactured product in every
case.
VERY careful consideration has been
| given 10 the compensatory duty on
Woolen goods, with the result Of reduc-
ing the compensatory rates on low
| grade goods, into whose manufacture
| more or less OF other materials than
wool enter. on the high grades COM
peusatory duties are fixed on the same
basis that has obtained in all previous
] Tariffs.
The house bill rate OF thirty-two per
| cent on carpet woods costing less than
| thirteen cents pound has created more
agitation and opposition than any 9TH
or feature OF the wool schedule. 1t Is al
| legged by the wool growers that this low
rate OF duty on carpet woods destroys
| the effectiveness of the protection az
/ forded upon the higher grades OF wool.
BY reason OF the temptation II offers to
import these low woods 10 be used in
cheYiOts. golf stockings, and other pop
ular fabrics which do not require hne
wools. Without undertaking to affirm
the correctness OF these allegations re-
| Enrding the extensive use OF these car
net wooIs for clothing purposes, the
committee recognized the fact that
| there Is some such use made OF them.
| To remove all possible ground for COM
| plaInt on this score they have fixed the
duties ON class 3 at four cents pound
undcr ten cents in value and at seven
cents per pound over that valuation.
Under these duties the ad valoFem
equivalents win range on the various
clips from thlrty-flVe per cent up to
| sixty per cent and In some instances
/ seventy per cent and they are higher
! than IN any previous law. II Is certain
| that under these duties foreign carpet
wools cannot be imported TO take the
place Of domestic woods In the cloth
%TSEinS this feature OF the wool
schedule into account Il Is q fact defi-
nItely demonstrated by the market re-
ports that the protection given the
American wool Grower under the senate
bill Is greater and more effective than
he has ever before received In an
American tarlff,
should become, in time. one OF the most
profitable branches OF American agrt-
Many changes are suggested in the
| free list Among the more notable OF
! these is 4 Recommendation to return 90
| the liberal provisions OF existing law
with regard to the free Importation OF
books, works Of art, etc, under certain
conditions.
heClpfocltys
AT the time the bill was reported
from the committee I stated In their
behalf that an amendment looking to
Che more rapid development and extern
| sinn OF reciprocal trade with foreign
countries would be reported from the
committee at a later day. The commit
tee have not yet found the opportunity
10 prepare such an amendment. II
seemed 20 them that the provisions OF
the house bill IN this respect would not
prove effective. II is the purpose OF
| the committee TO prepare n provision
which will enable the government OF the
| United States within certain fixed lin
lis and without further legislative ac-
| tlon, TO enter upon arrangements or 10
negotiate reciprocity treaties looking TO
an extension Of our foreign trade"
Mfr. Aldrich closed at $40 y. M, haV-
| ing spoken a little over an hour.
SIR. Vsst for the 0PPoGItion.
Mr.. Vest, Democratic member of the
finance committee, was then recognized.
1--WE know" he said, the desperate
condition Of the country, the ruined
| homes, the blasted hearts. IL prosper
| fly can come from any source even
/ from our ndVersaries we will bless the
moment. / do not believe the imposl-
tIon OF higher tariff duties will dispel
the clouds hanging above us, bringing
| back the sunshine and Illuminating the
II mad been said, Mr.. Vest proceeded,
TINT adversely came with the cdvcnt OF
| the Democratic party and prosperity
| with the Republican party. But that
| adversely did not come with the advent
OF the Democratic party.
I 10 n
witness no less an authority than Mr.
| William Mckinley. The senator read
from report made by Mr.. Mckinley,
| on April j, 1890 setting forth the dis
trpss which the farmers OF the country
were suffering. How was II expected,
/ the senator asked that by increasing
Inc burden OF tariff taxes the farmers
would not be helped to buy more goods.
| All agreed that there must be suihcient
revenue TO meet the requirements OF the
| government, that the government cred
II shall be sustained and her ilaG hon
ored. But every dollar collected by the
government beyond its needs Is crime.
Why was Il. Mr.. Vest asked, that the
Republlcnn party was about 20 Rb0n-
| don its record and urge a tariH not Tor
nrotection, but for the amount or reve-
nue II will produce. Why does II Rbnn-
don It's record and propose tax on tea?
| The senator said there was at this time
an available balance In the treasury OF
| 500 .35O, $50. Dcducting the gold reserve
az 6ne hundred millions, the available
balance was Sl2g g35O,G5O. This vast
amount Of idle money was now accu-
| tnulated In the treasury. And yet, the
senate was told that It must impose on
our suffering people additional taxes.
| when President Harrison turned over
| the government to President Cleveland,