The Tucumcari news and Tucumcari times. [volume] (Tucumcari, N.M.) 1907-1921, 1909-10-02
PAYNE BILL o. X.
amounting to tlGe, 600, 900 and in
Continued from irst page.)

amounting to ti62, 600, 900 and In
schdule L-silks, which are luxurious
certainly, si0G, 100000, making o total
Of the consumption Of those articles
upon which there was an increase and
which are luxuries Of slO9,0O0,OOO, leav.
which are not Injuries Of value the
consumption " the country most neces.
stiles on which there has been a re-.
durtion of duties aud 90 which the $50
decreases applied.
''Now this statement shows as con.
clusivcly ~ possible the fact that
there was IA substantial downward re.
vision on articles entering into the
general consumption of the country
which can be termed necessities, for
the proportion H. sj,OOO,O0O 900, rep.
fesenting the consumption Of articles
to which decreases applied, to less
than 3OO,OOO,O00 of articles of ncces.
atty to which the increased applied.
Now, the promise 81 the republican
platform was not to revise everything
downward, aud IN the speeches which
have been taken ~ interpreting that
platform, which | made in the campaign
! did not promise that every thing
should 20 downward. What ] promis.
Ell was that there should be many de.
creascs aud that In some few things
increases would be found necessary; hut
that on the whole | conceived the
change of conditions would make the
revision necessarily downward and
that | contend under the showing which
| have made. has been the result of
the Payne bill.
No Attempt 10 Satisfy Free Trader
~ did not agree, nor did the repuh.
iican party that W would reduce rates
10 such a point as to reduce prices
by the introduction ~ foreign com
petition. That II not what the free
traders want. That is what the revenue
tariff rcformers desire, but that il not
what the republican platform promised,
sud il IN not what the %rcpublicai party
wished 10 bring about. To repeat again
what ! opened this speech with-the
proposition Of the republican party, was
~ reduce rates 80 as to maintain n
difference between the cost Of produc.
tion abroad aud here, insuring n reas.
enable profit to the manufacturer on
articles produced in this country, and
the proposition to reduce rates and
prevent their being excessive was TO les,
sen the opportunity for monopoly and
the suppression ~ competition 40 that
excessive rates could be taken advan.
tage Of to force prices up.
"Now, IL Is stated that there was
not n reduction in a number of the
schedules where there ought TO be.
Ia IN said that there was no reduction
in the cotton schedule. There was not
until the house aud the senate took
evidence and found from cotton man.
ufacturers and other sources that the
rates upon the lower class of cotton
were such as to enable them to make a
decent profit, but only a decent profit
aud they were contcnted with L.; bu,
that the rates on the higher grade
of cotton cloth, by reasons Of court de
~eisions had been reduced 10 that they
were considerably below those Of the
cheaper grades Of cotton cloth, aud that
by under. valuations and otherwise the
whole cotton schedule had been made
unjust and the various items were dis.
proportionate in respect to the varying
cloths. Hence, in the senate a new
system was introduced, attempting to
make the duties more specific rather
than advalorum In order 10 prevent by
judicial decision or otherwise n dis.
proportionate and unequal operation
= az the schedule.
"Undef this schedule II was con,
tended that there had been n general
rise in all dutis on cotton. This wa.
vigorously denied by the treasury de.
partment experts. At last the senate
in conference consented to a redus
tion amounting TO about 10 per cen,
on all lower goods Of cotton and thi'
substantially 10 the same rates ms he,
fore aud increased the higher grades
10 what they ought to be under the
pinRly law and what they were intend
ed To he.
Now | am not going into the ques
ton Of evidence a. "a whether the
cotton duties were too high. II was
> q%u-tion of evidence with congress.
passed upon after they heard III,
statements " cotton manufacturer.
aud such other evidence M was avail
able. | agree that the method Of TAX
ing evidence aud the determination
was made in a general way. There
ought 10 be other methods Of obtaining
the evidence aud reaching the conclu
sion that the evidence was satisfac
tory.
Criticism has also been made Of
the crOckery schedule aud the failur,
10 reduce that. The question whether
IL ought TO have been reduced or no
was n question " evidence which botl
committees Of congress took up ant
both concluded hat the present rate
on crockery were such as were needle,
maintain the business Of this coun