Ceredo advance. [volume] (Ceredo, W. Va.) 1885-1939, 1907-07-24

RECKONING OF THE NEW DECKER
WITH GERMANY.
Considering That by Larger Under
valuation Privileges We Open the
Door to Increased Competition, the
Bargain Does Not Seem SO Very
Fine for Us After All.

1
Fine for Us After All.
AS $6,66f,O00 a year is to sos, 16S a
year-that Is what we are told the
United States has gained in its tariff
dicker with Germany. More specifical-
| ly stated the claim is that the reduc-
| ton in Germany's tariff on American
exports will amount to $685. 900.
while the reduction in our tariff Oh
German exports will amount to only
S20S.16S.
If this be the truth. the whole truth.
and nothing but the truth. then Ger
many has been completely over
reached, swindled, buncoed. conf
denccd. bamboozled, thimblerigged.
The sharpest traders the world
has ever known have been made
to look like suckers," Our gift
ed state department has outgen-
eraled Germany very much as
the natives of Timbuctoo might
be outgeneraled We have hand
ed Germany lemon We have
sold to Germany for s6.6Gi 900 a gold
brick which assays S20S.16S
But is this the truth, the whole
truth, and nothing but the truth, as
our gifted state department endeavors
to show in it's optimistic analysis of
the net results of the new German
agreement? No; it is not the truth,
but only small part of the truth, as
events will abundantly prove.
Germany did not put up her maxi
/ tnrifr .l,,ef 81.
tage of saving s20S. lGS in tariff duties
under the limited provisions of section
three of the Dingley law. 1t was not
to sell us more of her argols, crude
tartar, vermouth, still and sparkling
vines, paintings and statuary that
Germany doubled and tripled her tar
III on our foodstuffs and manufac-
lures. The whole trade in the articles
named in section three amounts to
| considerably less than $1,000, 900
year. Certainly 1t was not for this
petty trade that Germany provided
herself with a maximum tariff club
with which to Brighten the United
States into a cowardly surrender.
Where, then, does Germany expect
to get even?" Somewhere, you may
be sure. This is where: BY the multi
fication of law and procedure in
American customs administration.
whereby German exporters, consign-
ing goods to their own agents in the
United States, are practically permit
ted to undervalue their exports any
where from ten to 80 per cent That
is where Germany will get even"
Says the German exporter: Let
me write my own values and | care
not who writes your tariff schedules"
And he is right.
BY so much as the German EXPORT
ers are allowed to undervalue the
S170,000,000 of mostly competitive
goods which come to this country. by
so much will our tariff be reduced.
Ten per cent. of reduction in values
would reduce the dutiablc value of the
imports from $l70,000,0OO to S153. 900.
600; 20 per cent. of reduction in val
ues would make the total 1886. O0O. 900.
and so on, according as the new nm
dervaluation privileges shall work ont
larger or smaller percentages
II the reduction through undervalm-
-''iC'i e'AiDhhto w ~ per cent, igPT-
many will escape tariff payments on
S34,OOO,OOO of goods. At an average
rate of 90 per cent. this would amount
to S11 100000 which the Germans will
ave in one year.
Not sos 6S, as The state depart
ment optimst would have il. hut Sl7.-
100000 year, is what Germany will
get out OF us.
Seventeen millions q year is tidy
| sum to have in tarir payments. II is
also tidy sum for the United States
treasury 10 lose in revenues But the
| increased volume of German exports
dumped on our market ut cut prices
represents much greater sum OF
gain TO Germany compared with
which that sos. l6s is made to look
like 30 cents"
What it represents 20 American,
producers undersold in their own mar.
ket and American wngc carners
robbed of employment. as tn" result
OF increased competition this is an.
other story which remains CD he writ
Ten whom the results Of cur govern
ment's humiliating lay down" to- Ger
many shall have become visible
For tha present II * sufficient to
| say that the sharp traders ~ Ger
many are not tho ones who hnvc been
| Dverroached and swiudI.I as sG.GGt.
600 is To sos 1863. Nothing ~ the
sort. Wait and sec Who has hc"u over
| reached and swindlcd SIX months or
! less Of the new export valuo' regime
will determine whether or nor Amer.
! can labor and industry have been
| ovcrrcachCd and swi1dlcJ