The Portland daily press., 1897-03-16

purpOrt of the bill to q representative
Of the United Associated Presses today,
Chairman Dingley gave an interesting
synopsis of what he expected Of 1t, as
follows:
The bill has two purposes, namely:
| 10 raise additional revenue, and encour-
age the Industries Of the United Slater.
On the basis of the importations of the
last fiscal year, the bill would increase
revenue about $l12, 900, 600. divided
among the several schedules roughly as
| follows:
A Chemicals, s3,5oo. 600
| B-CrocKery and glassware, 1900, 600
O--Metals, 1000, 600
D-Wood, l,750, 900
E-Sugar, 81, 750, 900
H-Tubacco, 1000, 900
G-Agriculture, 6, 300. 600
H-Liquors, /, 900, coo
I-Cottons, 1.70O, 600
J-Jute, linen and hemp, 1880, 900
| k-Wood, 1850, 900
K-Manufao of wool, 27,9Oo, 600
| L-Silks, /, 500, 900
M-Pulp and paper, $4,000
lN-Sundries, $500, 900
This estimate is on the supposition
that imports of each class of goods would
he the same the next fiscal year as in
the fiscal year ended last June.
| But as imports of wool wera three
| times az great and those of Woolen goods
more than twice as great In pounds as
| in 1898, the committee assume tnat their
excessive importation wonld be largely
| reduced by the proposed bill, although
| the fact that our domestic production OF
wool has diminished 5000, 600 pounds
| sinca 1893, will necessitate the 1mporta-
| tion of much mora wool now than In the
| latter year.
! Assuming that the importations of
| wool will fall off at the least one third
| nf nfo pffo
tory imports to avoid duties, we place the
increased revenue from this source at
81 ]. 600, 900. Anticipating also that the
imports of woolens will fall off nearly
| so per cent from the enormous imports
of 1896. we estimate the increased reve-
nue. from this source under the proposed
rates at about 100000.
From sugar we estimate 500, 600, 900
additional revenue. Anticipating con-
siderable falling off of imports of Havana
tobacco because OF the revolution In
Cuba, we reduce the estimates of addit-
tobneco schedule to be "a, 600, 600. Tho
| remaining schedules would afford a reve-
nue. OF about S3a, 500, 600 on the basis of
the importssof 1896. AS there would pro-
badly be diminished imports at some
points, although the gradual restoration
increasing consumption OF imported
luxuries, we reduce the estimate on these
to S31, ,OO0, 900. These would aggregate
an additional revenue of $50, 600, coo the
first year. A further reduction of five
or ten millions for contingencies would
leave $4,000, 900 to S75, 600, 0e0 as the
pro bable increased revenue from this bill
the first year which would undoubtedly
rise to 500, 600, 900 the second year.
/ These estimates are below rather than
above the probable result. unless conaid-
cradle delay in the enactment of the bill
should greatly enlarge the opportunity
for imports of articles on which duties
are to be raised-pBrtlcularly wool and
woolens-for speculative purposes.
Undoubtedly any delay beyond the
first of MayIin placing the bill on the sta
tute BOOK would result in large loss of
revenue.
This increase of revenue Ia secured by
TRANSFERRING wool, lumber, crude opium,
argols, paintings. statuary, straw orna-
ments. straw mattings, burlaps and vari-
Gus other articles from the free list of
the present law to the dutiable list by
increasing the duty on woolens to COM
pensats the manufactured for the duty
placed on wool; by raising the duty on
sugar about three fourths OF cent per
pound. in order to encourage the produc-
t1on OF sugar in this country, which it ia
believed. cnn be done, and thus give our
farmers new crop which we row i'm
port mainly. from abroad; by increasing
the duty OH agricultural products affect
ed by Canadian competition, and on fine
cotsnn goods, sume advanced manufacrur-
ers of iron aud steel, manufacturers of
jute, fax and hemp, to encourage these
and other industries here, especially by
increasing the duties on such luxuries
aS linuOra t0hACoO. silks lACes etc
AS ru' the rates of duties proposed
are between rates of the tariff of 1890
rates from the former law, preservin z
thesprotective principle. being made
feas ible by changed conditions. The
iron and steel schedule is changed very
little from that schedule in the tariff of
1894, the change being entirely in the
more advanced articles.
The saIne Is true OF the cotton snhe-
dule. In the agricultural, wool, glass
and e1rthen were schedule alone are
he--duties of the act Of 1890 fully restored
as rule, and In a few cases increased
with view of amply protecting and
encouraging our farming interests at
every possible point.
While the duty on clothing wool is
larger in proportion to the foreign value
than on the manufactured article yet il
Ia thought deSirable for the u blic in
tetest and our agriculture that we
should produce this prime necessity for
ourselves
The duty on carpet wools, as we'll as
upon many other articles, Is Imposed
, mainly for revenue. The irritation
caused by the use of few wools feIe
tofore classed as carpet woods for cloth