The daily morning journal and courier. [volume] (New Haven, Conn.) 1894-1907, 1897-04-02
TARIFF RATES TOO HIGH
NEW FORK CHAMBER OF COMMERCE.
WANTS A MILDER BILL.

To the End That the Tariff Issue for the
Present at Least May be Considered Set-
tled-This is Necessary to Restore Per-
manent Prosperity to the Industries Of
the Country.
New York, April 1.-The chamber of
commerce held it's regular monthly
meeting to-day. Resolutions were adop-
ed declaring that the measures now
pending in the legislature of this state,
relating to nearly every form of CO.
operative or corporate investment, tend
to drive business to other adjacent
states and that such proposed legisla-
tion would seem to be unnecessary Is
shown by the fact that prices of all
reasonable and the returns to capital
were never so low.
A letter from John Addison Porter.
secretary to the president, formally con-
veying President McKinley's hearty ap-
probation of the chamber of COM
merce's cordial greetings in connection
with the inauguration was read. The
following letter from ex-President
Cleveland to the president Of the cham
Der, dated Princeton, N. j., March 26,
was also read;
"The message you sent me on behalf
Of the chamber Of commerce Of the state
of New York, reached me on the 4th
inst, Immediately after the inaugura-
ton of my successor, and was the first
message received from my fellow counl
trymen after my retirement from of
fee.
"I assure you the greeting of so i'm
portant a commercial body was most
gratifying and I shall always cherish
1T as one of the best rewards Of an att
tempt on my part to faithfully perform
official duty and to protect the honor
and integrity Of our beloved land"
The committee on foreign commerca
and the revenue laws submitted a re-
port and resolutions on the pending tar
iff bill. The report states that the com4
mittee finds that the Dingley tariff bill
virtually re-enacts many of the duties
contained In the Mckinley tariff bill
and In some instances exceeds them.
The report continues:
1T is the opinion Of the COMMITTEES
that the business men of this country
desire nothing more earnestly than an
extended period of rest and cessation of
business depression. They demand that
whatever rates and systems Of taxation
are adopted they shall be SO reasonable
and conservative and shall so commend
themselves to the majority Of the intel
llgent voters Of the land that the tariff
finally adopted may be regarded as set
tied and not provocative of an early re-
action, rendering all business calcula-
tions and enterprise uncertain and haz-
ardous, retarding prosperity and af-
fording an opportunity to the advo-
Gates of free silver coinage and disas-
trous financial schemes for the spread
ing of their peculiar doctrines
The resolutions declare that it is tha
conviction Of the chamber that the
Dingley tariff bill is excessive and
that 1t should be carefully revised I'M
the direction Of a reduction Of the rates
Of duty proposed to the end that sys-
tenn Of tariff taxation may be adopted
that shall be reasonably permanent and
that shall insure the business interests
of the country certain measure Of i'm
munity from early change. The resoIu-
tions invite the cooperation Of com-
mercial bodies throughout the country,
In urging these views on congress.
The report was accepted and the res-
olutions were adopted.