The Elk Mountain pilot., 1909-09-09
New Tariff Upheld by Bonynge
Denver Republican, Aug p, 1909

Denver Rcputlicnn Aug -, l.Jg
Robert w. Bonynge, member of
the Congressional Monetary Com
mission engaged in investigating
the banking systems of the world
prior to making recommendations
to congress for new laws, arrived
home in Denver yesterday after an
absence of FIVE months. He talked
most interestingly on the work Of
the Commission. and on the new
tariff bill, for Mr.. Bonynge as II
member of congress, until the
miraculous whirligig of Novem ber
last. was member of the ways aud
means committee, of the house that
took testimony ON the tariff ques-
tion previous to the extra session
After discu ssing the work of the
monetary commission, Mr.. Bonyn-
ge turned to the taritf question as
it affected the country and ms own
state, apl pointed out the distinct
benefit that had accrued TO the
sugar beet industry.
"All over tue country there seems
to be n feeling of confidence that
next year there will be great ex-
tension in business This feeling
Of optimism has become more pro-
nounced since the disposal Of the
tariff question.
The bill as passed is in compli-
ance with the promises of the Re-
publican party. Far more reduc-
tiUns have been made in the Payne
bill than there have been increases.
The method of criticising the bill
by referring 10 the average of duty
under the Dingley bill and the Pay
ne bill is false method, and one
illustration will Show its unfare-
ness. Say the average rate OF duty
on importations tor gwen period
under the old tariff is 43 per cent
ad valorem. Suppose thnt the duty
III the new measure was absolutely
removed on all articles but one and
the duty on that one article Was
placed at 10 per cent, then 10y this
way of figuring the new bill would
add 30 per cent - the tariif, where
as as matter of fact it would be
giving us free trade in all but name
Tie true method is to take the .on-
sumption of imported articles aud
find out what changes have been
brou ,ht about in the main articles
and if you do that you will find
that there has been heavy reduc-
ton in duties on articles most
heavily consumed.
Colorado and the Rocky Noun
tain states have Jared extremely
well in the revision, with the ex-
ception of hides, whi,h | was sorry
to see admitted free. But with
this exception all our chief pro-
ducts'have bsen afforded protcc-
tion. The duty on lead is the
same: new duty was put on zinc
and tungsten, and wool receives
about the same protection, as well
as sugar and other agricultural
products.
The importation Of 100000 tons
of PHILIPPINE sugar free will not
affect the sugar beet industry of
Colorado because We import an
nuslly million and a half tons
and taking 100000 free will not
affect the home product. What
the sugar beet industry had to fear
was the removal of the duty on
sugar or material reduction
thereon and the constant agitation
for change in the sugar schedules
with the passage of the Payne
bill the sugar industry has been
given official stability through the
duty that is imposed on foreign
importations and look for a rapid
increase in the industry in Colora
do and other sugar beet producing
states. Uncertainty regarding the