Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1908-11-23
CARNEGIE: FOR
REVE n III:
TARIFF
STEEL INDUSTRY NEEDS
NO PROTECTION, HE SAYS
IrOnnaster in Interesting Mag
azine Article, Gives His Views
ON What Congress Should
Do in Revising Schedules


Do in Revising Schedules
TBy Morning journal special Leased WIRE
New York. Nov. 22.-A notable ar
ticle from Andrew Carnegie deaIinI
with the tariff, will appear in th'
forthcoming December number OF th'
Century magazine The iron master
takes the position that "iniant indus
tries" no longer need protection thal
the steel and other industries have
now grown beyond the need of tariff
protection; that duties ON luXuries
used by the rich should be maintained
but that those on manufactured arti-
cles should be reduced greatly on
abolished entirely when no longer
needed.
Mr.. Carnegios article is entitled
My Experience with and Views Up
on the Tarff' He first reviews the
tariff movements down to the present
Dingley law. giving a number of anec-
dotes in which he figured with the
leaders of the various periods. He
adds;
Much water has run under the
bridges since then. Many changes
have occurred and hence many
changes can be judicially made in the
tariff There is no doubt about this,
but on the other hand have been led
to the conclusion that conditions have
changed so greatly in the interval
that the tariff should be now reviewed
from a new standpoint"
The writer assumes that a decided
majority Of our voters are agreed:
First. that it is advisable for new
countries to encourage capital by pro-
tective duties, when seen to be neces-
sarv to develou new industries.
second, that after fun and exhaus-
tive trial, if success be not finally at-
tanned. such protection should cease,
except as noted hereunder.
Third. that should the experiment
succeed. protection becomes unneces-
sary and should steadily, but grad
ually be abolished, provided that the
home supply of any article. absolute
ly necessary for the national safety,
shall not thereby be endangered"
Further on Mr Carnegie says.
We have already become by far
the greatest Of all manufacturing ma
tions. our infant industries of the
past have reached maturity and,
speaking generally, are now quite able
to protect themselves. The pulling i'm
fant in the nurses arms, that con
gress in 1871 nursed SO tcnderly, will
appear next year before its guardian
as the stalwart champion who has
conquered in many fields, thus proving
himself worthy of the protection be
slowed upon him i'm his youth and
fully vindicating the protective policy
pursued
."While the tariff, as a whole. even
today has ceased TO be primarily ben
efcial as measure of protection
it has become of vast importance from
the standpoint of revenue and it is
to this feature / bespcak the special
attention of readers of all parties, for
duties on imports. not for protection,
but for needed revenue, should not
become party question. Reasonable
men of all parties may be expected to
approve this plan Of obtaining reve-
nues"
After giving tables showing that the
bulk of tho tariff duties are collected
on luXuries used by the rich. Mr.. Car
nogie says.
Thus does the American tariff, i'm
happy contrast to others, almost ex-
empt tn" poor and heavily tax the
rich just as it should. for IL is they
who have the ability TO pay as re-
quired by the highest economic au-
thority"
Mr.. Carnegie says Of future tariff
legislation
The next congress dealing with
tariff will probably BE- inclined at first
to reduce duties an around and per
haps to abolish some. but its first
care should be to maintain present
duties and even i'm some cases To in
crease them. upon AN articles used
almost exclusively by the rich and this
not for protection. but for revenue.
not drawn from the workers. but
from the rich That is the first and
prime duty of congress. We should
not forget that govcrument oXpendi-
lures have increased enormously iu
recent years and that additional rey-
enuc is needed
Its second duty is 10 reduce duties
greatly upon manufactured articles
and to abolish entirely those no long
cr needed
The writer has oo-operatad in
making several reductions as steel
manufacturers became able 90 bear
reductions.
To-day they need no protection. un-
less In perhaps IN some new special