Daily press. [volume] (Newport News, Va.) 1896-current, 1907-05-04
UNITED STATES AND
GE:RMANY's AGREEMENT
Articles Which viii Govern Trade
Between The Two Countries
Rake Many Changes.
WINES TO CONE IN MUCH CHEAPER
Concessions That kaiscr's Govern.
mcnt Makes Includes e7Is Peroen,
Of the American Impor,s-Francc's
Importation Much Greater But No
Concessions Granted Them.
unv AssocIatcd rreRs.n

WASHINGTON. ID. c., May g.
The commercial agreement between
America and Germany which Is To
govern tho trade relations of the two
countries for an indefinite period u
composed of four distinct portions.
in tho first place there is the
agreement itself which extends to
Germany the reductions or duty au-
thorized on all of the articles men
toned In the third section of the
Dinslcy act, This in fact amounts
simply to the addition OF chumpagnes
and sparkling wines to the list OF
articles upon which Germany already
has reduced rates. In 1906 the total
imports into America OF Germany
champagne were 9,236 dozen quarts
valued ut S95,9T3. Tho reduction
duty on this campagnc also ut 81
per bottle would consequently amount
to little over $4,000, which Is the
monetary value of the concession to
Germany, supposing tho trade docs
not greatly increase as OF course is
to be expected.
Ii Is IL matter of interest TO noto
that the importation OF French cham-
|. paGnei last year amounted 10 SSH !
dozen quarts yaluctss IN t5,5,si9, 900. a
osisrssarti cleSS OF the Fundamental
agreement prohide Tor, the 'sJ,eeay
| application OF the now rates. to their
extension to tho whole custom ter
ritorios of parties and to n list OF
American articles upon which MINI
mum rates apply on importation into
| Germany.
Tho second part of tho agreement:
is detailed statement of the list of
articles aboce referred to- At pres.
ont all American, products are 40.
i.mittel into Germany at minimum tar
! iff rates. Hereafter under this new
! agreement only The articles specified
may be so admitted,
List is Big One.
II Ia stated that in Fact the list
! comprises a7h percent olfthc Amerli
l. can imports Into Germany and M.
| rcars generally to. comirIse Sgrainsf
| truilas timber. InGats s[cScept bpc6nl
| lselrajcIin hind ,iiseapTaancts, leGbhcr
uaoaR including Shoes. itcsflain Class
.es of india irMbbet goods, paper md
paper stock, stones, glassware, raii-
road iron mot mentioning rails)
stoam and gas engines; monographs.
small arms. locks, watches and parts
| thereof and music boxes and organs.
| General machinery and typewrlteri
now OH the list of imports are sun.
| 1ectcu to maximum rates.
| Important Sections.
Tho third section of the agreement
comprises the draft of proposed
note cmbodying changes TO be made
IN the existing American Instructions
to customs and consular Offices.
These changes arc not limited In Their
operation to German imports but are
| applicable to imports into America
from many other countries. Most
Important is tho definition of market
value as to tho place where the goods
are sold wholly for export: the pro.
vision that re-appraisemcnt hearings
shall be open unless the board OF
appraisers certify that the public
interests would suffer thereby, and
the requirement that American treas.
my agents n<Germany shall be dip.
Dramatically credited to tho German
government and cooperate with the
German chambers OF commences,
whose value shall be competent evid.
| ence. The last section of the docu
ment is an undertaking by the PresI.
dent to recommend to Congress the
amendment of section 80 of the Ding
icy act SO as to allow ten percent
margin i'll the case OF under valua.
tlons before penalty shall be impos
ed upon the importer.
|