New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1897-07-19
THE NEW TARIFF.

Tho unanimous agreement OF the Senate and
House Republican conferrees on every point Vi
the new Tariff bill is gratifying, but the charac-
Ter Of that agreement IS more gratifying sui
While great number Of the Senate amend
ments have been accepted. including ie"
which were demanded by Far Western interests
re,rescned by Senator Jones, almost every
feature which has been seriously criticised by
Republicans has been modified and, on the
wholA mos: satisfactorily. The amendments
throwing away some millions Of needed revenue
by putting bags, burlaps and cotton ties on the
free LIST have been defeated, the duty on White
pine lumber stands as the House adopted It, the
proposed duty on tea and Internal taxes on Deer'
tobacco and sales Of securities nave Deem
dropped, and the report indicates unanimous
agreemen. Of Republican conferrees or poth
houses that the bill as now shaped VIII yieid
sufficient revenue without those adjuncts SO en-
Enthusiastically welcomed by Democratic theorists.
The amendment putting duty on cotton was
also dropped-perhaps not wlsey-whiie III
creased revenue was insured by closer ap-
proach TO rates OF the House bill on many aru-
clcs. including wool and wOollens and sugar
The woolens schedule as it stands Is dis
tinct improvement on that OF the House. De-
cause substituting specific duties on carpet
wool which are said to have been accepted by
tie manufacturers, in place Of al vaorem rates.
The duties on clothing and cOmbing wool are
restored to those Of the House. carrying with
them corresponding duties OH wooilen goods. A
modification of the duty on hides is reported
inch slightly lessons revenue, but II VIII propa-
bly, be found. contrary to the apprehension or
MANY manufacturers. that prices OF domestic
hides will not be affected NJ all beyond short
time. The general range Of duties Oh most manu-
featured products, except woollens Is lower than
those Of the House hill, but substitution Of
specific duties IN important schedules will make
them more effective and the higher duties on
the advanced products not heretofore largely
made here have been wisely retained 90 AFFORD
Ing basis for new progress in industries.
1t will be highly gratifying to most Repu5-
lcans that the d.fferential duty ia favor Of sugar
refners has been retained exactly as II passed
the House and that the reduction Of q tenth OF
n cent on low-grade sugars which the Senate
proposed has been dropped. so that clean
definite and easily understood specific rate has
been APPLIED on all grades OF unredned sugar.
loosely propOr!Oned 10 the value or each for
refining PURPOSES. The object Of the Senate
amendment regarding w-grade sugars is at
,he same time in part attained by starting the
spac.ic duty at 81 cents per 100 pounds testing
- degrees, instead Of ] cent per pound, ard
making the advance for each degree of grade
tn.ee-and- n hsi.- hunGred;hs Instead Of three
bupdretths Of a cent II Is commonly over
looked that this graduation Of specific duties Is
intended to correspond rs fairly as possible with
The cost of refining from the different grades. and
does not afscct the dferential for the protection
Of refining wh:ch remains unchanged, whatever
the grade If sugar used II this allowance per
degree for cost Of refining Is greater than the
actual difference In cost, as some argue there
results an advantage to the refining interest and