The Sentinel=record., 1910-02-04
UNCLE SAM AND GERMANY ARRANGE EQUITABLE TARIFF AGREEMENT THAT PREVENTS TRADE WAR JUST NOW. Both Countries Are Satisfied With the Arrangement and Business Will
 Not Be Disturbed Over
 the Incident.

Washington. Feb. 3.-Concessions by both the United States and Ger many have ayerted a threatened tariff war.
 Negotiations have been concluded between the two countries. which set tie the question cf minimum and mlX- il-dm rates with the except Jn O the cattle and dressed meat is ,;a, wien Wal eliminated from the present ne sotiatiJns and s'E.ch will be pursued hereafter in separate diplomatic rep reesentation.
 The result of the negotiations agreed to today is to exchange Amer ioan minimum rates for the entire and unqualified minimum list of Ger many. The result is considered just and advantageous 10 both countries.
 In the following statement, issued at the state department today, the de. tails of the final agreement are given
 "A satisfactory settlement has been reached of the tariff negotiations with Germany, which have been going on for some months under the presi. dents direction. Under the agreement there will be no tariff war or inter- ruption of the commerce between the two governments.
 The magnitude of this business an. pears from the statement that in the lntrchange of commodities between Germany snd the United States ex- ceeded s404, ,O00,000. and allowance be- ing made fer the German importa. tions throuih other countries, the act ual volume is probably in excess of s5O0,000,000.
 The products of the United States will be assured the fullest opportunity to participate in the constantly grow ing business of the German empire. This will be done a complete equality with the competing products of other countries.
 By the terms of the commercial agreement which has been in force since 1907, Germany extended to the United States her conventional, or lowest, rates on about 100 cut of near ly 1000 tariff numbers. These loo numbers covered large percentage in value of the actual imports from the United States, but left many i'm portant commodities of American manufacture at a disadvantage in competition with similar products of other countries. This agreement ex- pires February '.
 Tt was the earnest desire of the German government to reach a solu- tion of the questions at issue so that the necessary legislation might be en- acted to prevent any disturbance of existing commercial relations. The president fully reciprocates this sen. timent
 Tn consequence of the friendly dis position of both governments an agree ,, ment has been reached under which it will be possible for the German gov. ernment, with the cooperation Of the imperial parliament, to avoid any in terruption of trade and to at the same time, extend to she United States not only the rates at present enjoyed. but the entire remaining schedules of minimum rates now ac corded countries.
 "The basis of the settlement is that | Germany grants othe United States Germany grants .o the United States return for the minimum tariff of the United States. This is an exchange or minimum for minimum It places the United States on exactly the same terms as all other countries to which fGerniany grants conventional rates under her various commercial conven tions or most favored nation trea | ties.
 In the presidents opinion the re responsibilities devolved on him by the
 Payne-Aldrich act require from all l countries grant to the United i States of substantially their lowest
 tariff rates. It is a source of much
 qualification to the president that
 Germany finds it possible to extenC
 to the United States her compete minimum schedules without reserva
 tion or qualification.
 | Tn return for the concession of hel full conventional or lowest rates, Ger
 many will be accorded the minimum tariff of the United States. This put, Germany in the position of the mos fa.SQred nation in her tariff relations with y.he United States The maxi mum tariff Hssf the United States. that as the basic tari1iss vwopld apply afte March 3l, will. therefore, nsAot go int etfect The result Is to give lto Gel