New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1910-08-05
LAWS BIRTHDAY
Continued from first page.

raw wool it was 45.9 SO per cent, in raw
cotton it was 1850 per cent in raw SILK
it was 5000 per cent, in unmanu1actufeo
fibres it was SOB per cent. in boards
and planks lin thousand feeD 1t was
1929 per cent, in chemicals. drugs etc
measured by value), 1t was o4-lz per
cent. in crude materials for use IN
manufacturing (measured by value) II
was 5O.1S per cent, and in manufactures
for further use in manufactures meas-
ured by value) it was 1884 per cent
The value of imported manufacturers
materials, including both crude ana
partly manufactured, amounted to $780,
100000 in 1910. against $613,oNooo
year ago, $4,000 900 ten years ago and
S2S7, 100000 twenty years ago. mus
imports of manufacturers materials IN
1910 were larger than ever before ana
were 100 per cent greater than a DECADE
ago and 1913 per cent greater than two
decades ago.
Free importations Increased.
Another interesting comparison is the
value of free importation in the frst
eleven months Of other tarin laws III
the first eleven months of the tarl1 OF
1888 the free importations were valued
at S246, 63S, 1868. In the first eleven
months of the Mckinley law their value
was 1914. 661 ,962 In the first eleven
months of the Wilson law their value
was 1924. 259, 4S7. In the first eleven
months of the Dingley law free i'm
portations were $780,, 142, 1856, while in
the first eleven months of the Payne law
they reached the unprecedented total OF
S71O,212,165.
Coincident with the great increase In
imports under the Payne law there was
a corresponding increase in exports. tx
messing the hopes of the Democrats,
Champ Clark predicted that on March
81, 1910. there would be an increase IN
the tariff duties of % per cent on account
of the maximum and minimum clause OF
the PAYNE law He saw the United
States involved in commercial war
with reprisals against this country by all
the leading nations of the world Inc
maximum rates have not been invoked
against a single nation. Instead of caus-
q
mum clause INDICATED the assertions OF
its friends that it would be blessing.
It enabled the President to gain great
concessions for the products OF the
American farm, mine and factory IN Tor
eign markets, embargoes against Ameri-
can products being removed and other
harassi restrictions being eliminated.
American exports in the fiscal year
1910 were greater by more than $780,
900. 900 than exports of the preceding
year and have been exceeded in only two
years In the history of American COM
merce Manufactures exported last year
we're So per cent greater than in 1900
and 329 per cent greater than in 1890.
Work of the Tariff Board.
Besides doing this work in its first
year the Payne law provided the ma
chinery for scientific revisions of the
tariff in the future. The Tariff Board
section, attacked by Democrats as being
meaningless and of nc account, is prov
ing itself in actual operation one of the
most salutary provisions of the law. At
its last session Congress authorized an
additional appropriation Of $25O,OOO to
enable this board TO pursue its investi-
cations into tariff facts. Experts are at
work in this country and in Europe
studying the cost of production of arti-
cles affected by the tariff and assembling
for the use of the Executive accurate
data bearing on customs charges which
will be of incalcuable value in the
Future