The diamond drill. (Crystal Falls, Iron County, Mich.) 1887-1996, 1897-12-04
DINGLEY TARIFF FIGURES.
They Show a Favorable Condition
for the New Law.
scant Comfort for Democrats I'm Com
pairing It with the Wilson LAW
"A substantial Inn
provcment.
Especial Washington cOrrespOndence.I

Especial Washington Correspondence
When II meets week hence congress
will find that the tariff law which II
placed upon the statute books In the
special session held a few months ago
has performed all the duties that could
have been expected OF II during the
four months test which IL has had.
When the men who framed IL and placed
Il upon the statute books hurried home
ward last July. leaving IL TO meet the
adverse conditions resulting from the
enormous importations which pre-
ceded its enactment. they did not ex-
pect that it's first four months could
give any adequate indication OF it's ca
pacity MS a revenue produced. The five
months which preceded its enactment
were marked by such enormus importa-
tons that il was expected that the drop
in importations and consequently in
revenues would be very great immedi-
ately upon the passage of the bill. Dur
ing the five months which preceded the
enactment OF the new law the importa-
tions were about Sl00000.000 i'm excess
OF the normal importations for that
period and the revenue for the first time
In the history of the Wilson law was
sufficient TO meet the running expenses
Of the government. averaging during
those five months. $4,000, 900 per month,
against an average OF S25 900 per
month during the other 30 months OF
the history Of that act II was not sur
prising. then. that the men who framed
the Dingley law left Washington after
placing IL upon the statute books in the
expectations that It's earnings In the
first few months of its existence would
he extremely light.
They will find. however, upon their
return that the new law has done better
than was expected Of it under these nd-
verse conditions. In the four months in
which IL will then have been in opera
ton its earnings will surpnss by several
millions the earnings Of the Wilson law
in the corresponding four months OF its
history. and have at the same time
shown a recuperative power which i'm
dicates clearly that when the normal
conditions return will be ample as
revenue producer. Starting its work
with a month in which it's mportations
were barely half what they had aver
aged during the closing months OF the
Wilson law. it's earnings for that
month, August. were Sl0.023.614. in
creasing nearly 100000 in the month
which followed and again In the third
month making nearly as large an in
crease, while the earnings OF the pres
ent month will reach a round $4,000
600. And this has occurred with no
revenue ofany consequence from sugar.
VOL or many other revenue producing
articles with which the warehouses OF
the country had been filed TO over
flowing just prior 10 the enactment OF
the law Treasury officials express the
belief that the revenue from sugar
alone, after the stock now Ia the coun-
try is exhausted. will reach S5.O00,oO0
per month. while that from other
sources must increase sufficiently to
odd from 100000 TO 100000 per
month.
II Is apparent from the work which
the new law has performed under the
adverse conditions which have sur
rounded II that members OF congress
when they come together a week hence
may feel well satisfied with the work
they performed In the special session
I'm placing this act upon the statute
books. and may confidently expect that
IT will within "A very short time prove
ample Ia It's revenue producing power.
II is expected that the importations OF
sugar will be resumed early i'm the com
ing year, probably In January. and that
there will be marked increase in other
lines OF importations. so that there is
good reason 10 expect that the receipts
will average Sl.000,000 a day early in
the coming year and that the receipts
I'm the calendar year 1880 will for the
first time since the election of Grover
Cleveland In 1892. be equal 90 the run
ming expenses Of the government.
The receipts under the new law have
been published from month TO month
since IL went into operation, but a com
parison Of the receipts with those OF the
corresponding months In the history OF
the Wilson law will be interesting az
this time. The Wilson law. II will be re-
membered, came into operation with
the warehouses and shelves of the coun-
Try empty. waiting large imports under
the reduced tariff rates which II Of
ferrd. while the Diuglcy law came into
operation with conditions exactly re-
vcrsed. In view Of these circumstances
In which the importations during the
first few months 81 the Wilson law
were In excess Of tho normal. while
those OF the first few months OF the
Dineley lnw were far below the normal.
comparison Of the earnings Of these
two laws w their FIRST four months will
lie especially interesting 10 those who
desire 10 Judge Of the comparative
merits 81 the twoacts.
Treasury receipts during the first
four months 81 the Dinglev law com
pared with the receipts during the first
four monihs OF the Wilson law;
Receipts