New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1910-02-13

wss the failure 70 reduce woollens: Does
that defect 50 color the action Of the re
publican party as 10 make il a pTeaeh
OF faith leading 80 its condemnation
MANUFACTURERS PROFIT
do NOT think so Parties are hke
men. RevisioDs are like the NO; %
men-thev are not perfect. The chahs,
which this tariff effected WAS MARX"
change downward in the rate OF trle ~
ties, and il was 4 TecoGn1uoh " -
rartv that the time had come Whel t,'
stead Of increasing duties they must n
decree sed. when the party reccsIiI -
its platform and in much or via
did that the proper measure o. -.
fior was the difference IN cost III -,
production OF articles here ailo ~
Including q fair profit TO the NAM
urer. 49,.
There was 4 dispute az to WA, tli.I~
difference is and whether II Wss l 80
nized in the change Il ail M ~
downward Particularly was thIs -
case on tho materials that enter mo
the manufacture OF paper aho pap.
Itself. The reduction on print paper was
from Sc to So 20. or about 81 Per cent:
There was a real difference OF opliilo''
on the question Of fact WhetheE tne ~
dIItz- CORRECTLY measured the GuterenCe
in the cost Of production of print paper
abroad and print paper here 1t aitecled I
the counting rooms OF the newspapers
II tins, country and invited the attention
Of the newspaper proprletorS VINO I!au
associated themselves together mr.
other interests for the purpose OF Sc
curing a reduction Of the tariff The
failure 70 make a larger reduction
showed itself clearly in the editorial col
ufnns of q great mum Der or the neWSlfa-
I3ers whatever their party pTeuileCtfcn'
The amount OF Misrepresentation 10
which the tariff bill in its effect Is
downward revisiou bill was subjected
has never been exceeded in this country,
and il will doubtless take the actu3l
operation Of the tariff bill for several
wears TO show 30 the country exactly
what rl1e legislation and is effect are.
TARIFFS TWoFOLD OBJECT.
II Is perhaps too early TO institute the
e irest cor1pa rIsofie between the PAYNE
aldrioh bill and the hill which preceded
il but the Payne Aldrich bill has been
in operation n0-T for six months. and fig
1Irec are at hand from which We may
make z reasonable inference, first as 70
whether It is Z revision downward. and,
second. az 70 its capacity for producing
revenue for it must be borne IN mind
that the passage OF the law vas de
handed not only for ths purpose of
changing rates in their effect upon the
industries Of the country but also fo1
the purpose Of increasing the revenues.
and tbs. success Of the measure is TO he
judged b. its results in both these re
Spects.
The Bureau Of Statistics Is AUTHORITY
for the statement that during the FIRST six
months Of the operation Of the Payne Law,
which term has just ended, the average
ra e Of duIv paid on all dutiable imports
was q 90 per cent I'D vaiorenl- The
averaz g rate Of duty paid en- all imports
for the same six months for the four
preceding years under the Dingley iaT-
was 94oS per cent This would sho"-
that the reduction IN the Payne l9-F IS
. 81 per cent of the value of the goods.
or that the reduction below the previous
tariff rates is i per cent. showing 4
downward revision Of this extent In
those goods which are dutiable,
But this IS not ali. Under the Payne
law 5l-6 per cent Of the gross imports
for the last six months have been en-
tered free, while under the four Years
preceding for the same six months the
! free list amounted 70 70 IS per cent of
! the total ilnportationS, 50 there vas not
only 2 reduction OF duty on duriah i'm
! ports Of about 70 per cent, but also an
/ enlargement OF about the same percent
/ age Of the free list
For the production Of revenue the
Payne Law IS even nlore an improvement
! GA the Dinsley bill. During the six
! months that the Payne tariff vas in
/ February ) the customs receiptS
! amounted 70 1856. 6oo.S56 -. Under the
! Wilson-t4orTaa tariff the senli-annUal
/ average was sS3.147.625 40. Under the
/ Dmgley tariff the semi-annUal average
J vas $3.50. C65. Sal s.. Under the Wilson
tariff the monthly average was S13.85I.-
a27 S.. Under the Dinghy tariff the
monthly average vas S21.1 go S4, while
under the Payne tariff the monthly ay-
erage has been S21.667.14@ 80. or 100 per
cent greater than the month"; ayera ge
under the Wilson tariff and IS per cent
greater than the monthly average under
tie Tinglev tariff.
Of course. 4 g the country increa SSs in
population, the customs receipts in
crease. but even considering the popula
ton the Increase in the tariff receipts
has been marked Under the Wilson
tariff the average annual customs re-
ceipts per capita we're 8 IS; under the
Dingley tariff, IS %. while under the
Payne tariff they were s. 1.
THE DEFICIT DOOMED
For the six months that the Payne
rariff has been in force the total receipts
both from customs and Internal revenue
I have been S3c3. 699. 23E 9f, while the dis
! bursernents have been S&G2.IS3,2SG oS,
showing that the expenditures exceeded
t1e receipts by only IS SS4 65l Il, With
no collection IS yet from the corporation
I TAX For the corresponding period last
. year the expenditures exceeded the re
. ce7pIs by over S40.6Tn 3FG. This shown
lfl'lt-6 i'-S IEiol ullJ"i tue present tU>'tii0
lz-r the deficit viii be promptly wiped
ont. and that % meet our normal expen-
difureS We shall have ample revenue.
/ therefore venture 70 repeat the re
/ mark I have bad occasion 10 make be
fore. that the present customs Law is the
best customs law that has ever been
passed, and 4 is most significant in this
! that il indicates on the part OF the Re
! publican party the adoption of 4 policy
10 change from an increase in duties 10
! z reduction 81 them, and To effect 81 in
! crea 81 ~ revenues ar he same Tina
The act has furnished TO the Executive
I the power to apply the maximum and
minimum clauses in order 70 prevent ur =
/ due discrimination on the part of foreign
countries and this is securing additional
I concessions ia respect 10 jmpositions on
our foreign trade.
The act has done Justice to the Phil
/ ippne Islands b. sfT ing them free trade
with the United states.
More than ell this the new tariff act
. has provided for the appointment Of 2
+ Tariff Board to secure impartial evidence
tUs,n uhirh, -TIleu revision Of the
! tariff seems rise. NC shall have at hand
! the data from which can be deterT71 IN j
with solne degree Of accuracy the differ
. euce between the cost cf producing al
+iolss abroad and the cost Of producing
: them IN this ccuntTv
I TARIFF DHFTCULTIE
! The great difficulty in tf1e hearing and
discussion If The present tariff bill vas
the absence Of satisfactory and Credita
bic evidence on either side of the issues
: 80 icu- or high tariffs. The importer