Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1909-05-16
ALDR|CH LETS
REDUCTIONS
60 THROUGH
RATE CUT ON SEVERAL
VARIETIES OF STEEL
Senators Advocating Tariff Re-
vision Downward Grateful for
Small Favors from Rhode IS
land Apostle Of Protection,

IBs Morning Journal Special Lcased WireI
Washington May i5.-The lowering
classes OF wire goods contained in the
steel schedule on motion of senator
Aldrch, in charge Of the tariff bill.
gave great encouragement today to
senators which are advocating re-
vision downward with evident grati-
fication senator Bevcridge greeted
these proposed amendments by the
chairman Of the finance committee by
declaring:
Good, thats making progress"
The entire session Of the senate was
devoted to the steel schedule, the sec
tion relating to pen knives being un-
der consideration when The senate ad-
| journed to meet at 10 o'clock Monday
morning. one hour earlier than the
senate had been beginning business
during the last ten days.
Reading from the testimony Of Mr..
Carnegie before the ways and means
committee, concerning profits In the
steel Industry Mr. Tilman declared
Mr. Carnegie had made a vast amount
of money by favortism in legislation.
Il win not say by dishonesty said
Mr. Tillman, because he has only
taken advantage OF the laws we pass.
But he has made more money than
tho entire bunch of us here and there
are some rich men in this senate, he
has given away more money than all
the democrats of this body possess
ten times as much, | expect"
Mr.. Newlands declared Mr.. Aldrich
proposed to increase the duty on
structural steel but that the synopsis
given ~ tie new rate show cd that the
! effect would be to reduce the rate
from $40 to so per ton. The para
graph was passed over
When the paragraph on steel bars.
plates ana sheets ANA pressed steel
VAS reached, MI Culburson desired IN
formation regarding several additional
varieties OF steel which were provided
with high duties by the finance COM
mittcc. MI Aldrich explained that the
additional brackets We're put in to
provide fair rates of duty on several
new Kinds OF stocl--cxpcnsi high
speed steel--not made at the time
the DngleY law was enacted.
Mr., oliver, explained that high
speed steel was first made in Europe
by q secret process. but said Amer
lean manufacturers had discovered the
process and were now making t. He
ie,lurcd that in order that It's manu-
facturc might be continued here, u
higher rate Of duty was necessary Mr.,
oliver said the importations of this
high grade steel increased from 49,,
600 pounds ia 1901 to 3.535,000 in
1907
That a duty viii BE- placed on tung-
stem, a. product of Colorado, used IN
making high-grade steel. was an
louncod by Mr. Aldrich during a colo
Iuy with senator Hughes This would
Pc done, Mr. Aldrich said, in order TO
luild up the industry Of producing
ht mineral
Tile wire schedule was amended on
notion OF AIR. Aldrich, SO that In only
mo instance was there an Increase of
tnty over the housc bill while in eight
n tcn Instances the duties Nerc lOW-
red
Fence wire was reduced tn The cV-
cnt of about tWo-thirds of the duty
royidrd in tho house bill While Nc.
,ldrich was explaining those rcdue-
ions. Mr. Bcycridgc interrupted to
ays
j ana very glad to sen that we are
making progress.
An amendment by MI Burkett the
uruOso of which was To reduce the
uty ON barbed wire from S270 per
undrcd pounds to 15 cents. was ac-
optcd hy the committee on finance
nd adopted By tho senate
Tho section relating to pen knives,
tc.. was amended as 10 require the
anne of the manufacturer or the int
ortcr to be STAMPED ON each blade.
nd, with the name OF the country oc
rigin. sunk on at least ono blade as
protection against fraudulent repre-
'ntation as to place Of origin.
senator Bailey protested against
ny attempt to protect consumers in
spcct TO tho kind of pcnknNes they
-c TO use. and expressed the thought
iat il that policy should be adopted
i'm respect 10 knives IL ought To be
lplicd 20 an other classes Of im-
,rts
Agreeing in part with the Texas som
or. Senator smith of Mschigan. de-
AIRED that hc would like to have for
gn made furniture so marked 10 pro-
ct Michigan manufacturers.
Mr simmons proposed general re-
ictions Ia the duties on razors. op-
lslng the increase on the class OF
lzors most commonly in use from
to e9 ucr cent.
Senator smith of Machigan. wanted
Il.
It. was on account of the revenue or
promote cheaper prices on razors.
1t Is To obtain razors at reason
DE prices" said MT simmons
For domestic OF social purposes?"
quircd Mr. Smith, with the result