Ottumwa tri-weekly courier. [volume] (Ottumwa, Iowa) 1903-1916, 1910-08-23
REsULTs OF THE NEW TARIFF.

RESULTS Or he NEW
The record Of the first full year
under the new tariff law, SO far as
relates to total importations ana Gus
toms collections, Is presented oy d
special statement compiled oy Tue
hureau OF statistics OF the department
ri commerce and labor in response 10
numerous requests for information up
IN that subject. The figures cover
lhe imports Of the twelve months, Aug
INST i. 1909 to July 81, 1910, and tnus
include five days under the Dlngley
tariff. since the present law went INTO
erect on the morning of August o.
The statement shows total Imports
during the twelve months In question:
81 5s2621.1s1, of which $685. ,2Sl or
4q16 per cent entered free OF duty.
The importations during the year
were larger than in any correspondents
neriod in the history OF the import
trade and the value Of those enterlns
free of duty, the largest ever SHOWN ~
any corresponding year, while the per
centape which free merchandise
formed OF the total imports was larger
than In any corresponding year except
1907 the closing year of the wilson
tar,r, when large quantities OF mer-
chandise then on the Tree ilst weie
being imported in anticipation Oh q
change in the tariff law; the yea ns
1892. 1898, and 1894, under the Wy
Kinley tariff, when sugar was au
mitted free of duty, and the year enu-
ing September 80, 1S4l. ~
The customs receipts during inc
twelve months, August l., 1903 TO july
Al 1910. were 1927, S73,672, a larger
total than in any corresponding year
axcant 1907. when the total was $500
600 a2O A comparison of the imports
ond customs receipts during the
nariod In question shows an average
"a valorem rate of duty on all I'M
nnrts Of 2o.sS per cent and on dutlanle
i,nrnrts only 41.26 per cent. Inc
average ad valorem rate on all LII
norta IL lower than in any correspond
me neriod during the last twenty
raera EXCEPT the second year OF the
wilson tariff. when the average was
on ~ ner cent, and the closing year Oh
the Mckinley tariff, when the average
,raa 1911 per cent. The average az
ra,orem rate on dutiable imports IS
tower than in any corresponding
neriod Of the last twenty years except
1900. when the average was 39.4S per
cont and 1895, when the average was
- ~ ner cent, both these years being
under the Wilson law.
a comparison Of the record Of the
pavne law, during the entire period OF
i+s operation for which figures are
available, with that Of the, Mckinley
n,nrley. and Wilson laws, respectively
shows the per cent OF the total imports
free Of duty as follows: Under the
PAYNE law. 49.15; under the Dingley
law. 44.31: under the Wilson, law
S4s.s2: and under the Mckinley law
53.04. The monthly average of Gus
toms receipts under the respective
tariffs we're: Payne law, $27,322,8O6;
Dingley law, $21 ,67e,0S5; Wilson law,
s13.857,93S, and Mckinley law. $l4,-
571,24O. The average ad valorem rate
Of duty on total imports was, under
the Payne law, 20.9s per cent; Dingley
law. 25.4S per cent; Wilson law, 21.92
per cent and Mckinley law, 22.12 per
cent. Average ad valorem rate on
,duitable imports, under the Payne
law, 41.26 per cent; Dingley law, 45.76
per cent; Wilson law, 1882 per cent;
and under the Mckinley law, 47.l0
ner cent