Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1910-02-13

under limitations fixed ia Ike law. tbs
maximum 70 be available 10 meet dis
ordinations ~ foreign countries
against American noods entering their
markets and the minimum 20 ropro-
sent thu normal measure az protcc.
ton NJ home, the ain md purpose OF
The republican policy being not onls
80 pres. rvs, without excessive duties,
that security against foreign cumpetl-
zion 10 which American nlanufactur-
ers. farmers ANA t.odltctfs arc entit-
l"G but also 10 maintain the high
standard Of living OF tho wage earn
ers OF this country VINO arc the most
direct benehoiaries &c thn protective
system between the United states
and the phiiippincs Wo believe in "a free
interchange q products With such Inns
~itatlnns as to sugar and tobacco 49,
viii AFFORD adequate protection to doc
moaiic i~hteres:.
we did REVISE tile iarif. IL Is Inn
nOasible 10 revise the tarif without
awakening the active participation ia
the formation uf The schedules OF
those producers whose business Will
be affected rs a change, This Is the
Inherent difficulty IN the adoption or
revision ~ q tarin hy our representa-
tive aystcm.
Nothing WAS expressly said IN the
platform thar this revision WAC 70 be
a downward revision. Tho iruplicn-
giori that IL was 20 he generally down
ward, however. WAS fairly given by
The fact TINT those who uphold a pro-
t-ctive tariff system defend u by The
claim that, after nm industry has been
established hy shutting out foreign
competition, the domestic competitions
.ill lead to the reduction 10 price so
rs 10 make the original high tarir
unnecessary.
In the new tariff there were 5bA
decreases, 220 increases and 1850 IT,.
ems Of the dutiabie list unchanged,
but this did not represent tint fair
proportion III the importance OF The
reductions and increases. because The
duties we're decreased On those artt~
rlev which Ind 4 consumption Of
nearly $4,000, 900. while they were
increased on those articles which had
a consumption value of less han ST.
600, 600, 900. or the increases the con-
atimption suluo Of those aifccted
which are Of luxurier. 60 wit. silks,
wines, liquors, p-erfumeries, ponadcS
and like articles amounted 10 nearls
100000, 900 while the increase not
on articles Of luxury, affected bur
about S300. 0 1000 as against deercas-
as on about $b,000. 600 Gao OF con-
sumption.
"a repeat therefore thai this was a
downward revision II was NOT down
ward Ia regard TO SILK or liquors or
high priced eottona in the nature Of
luxuriea. Ii was downward IN respect
10 nearly an other articles, except
w0olens, which were not affected ~
fll. certninly II WAS not promised
the rates 81 Injuries should De
reduced. The revenues were falling
on, there was a deficit promised and
IL was essential that the revenues
should he increased. II WIS not violu-
ton Of the promise 70 Increase the
revenues bv increasing The tax on
luxiirIes provided there Nns down
ward revision on al other articles.
'''rlle on, substantial defect IN com
plianee with tlie promise Of the plat
farm WAS the failure to reduce wool
ans, Does that defect 50 color tie
ucsinn Of the republican party as to
make IL t. breach ~ fliih leading ia
its condemnation 1 do NOT think SO
Parties are like men ileYisio1s are
like The work nf men~ they are NOT
perfect. The chAnga which this tariff
effected WAS Il marked change In HE
rate downward of duties and Il was g
recognition by the party that the Time
had come whom, Instead Of increasing
duties they must be decreased. when
III lftAiA1 tAffffA fAf0fNt NN w. lfft'ffff -
tsnd IN much % what il did, that the
proncr measure Of protection was The
difference IN cost Ia the production Of
articles here ana abroad. including q
falr urofit 10 the manufactures. There
Nna i dispute Bs To what that differ-
enco Is and whether u was recognized
In the change ~ an the duties down
ward. Particularly WAS this the case
on The materials that enter into Tho
a. lftg-aHf4tr ~ AAYt.y nlH mQItFf H. I
self. The reduction on print paper
was from 5000 70 S3.iH or about 81
per cent,
There Was "a reai difference of
opinion on the question OF fact wheth-
~ the new duty correctly measured the
difference in Tho cost Of production ~
print paper abroad and here, u at-
iectcd the counting roms OF the news
papers Of the country and invited the
attention on the newspaper proprle
tors who had associated themselves
together like other interests for the
purpose OF securing q reduction Of tho
inrlf. The failure 10 make a larger
reduction showed itscif clearly Ia the
editorial columns ot a humble "f
newspapers, whatever their parry. The
amount Of misrepresentation 10 winch
the tariff bill ia rs effect Hs a down
ward revision WAS subjected has never
been exceeded IN this country and win
doubtless TAXI the actual operation or
tnr tariff bill for several years 10
SHOW 70 the country what the lagisla
ton ana ~ ofcct are. II IS perhaps
too early Ia institute tho fHircst com
pnrisons bet wcen the rayno-Aldrlch
hfli and the bill which proceeded u Bat
fbo Pnync-Aldrich bin has been I'm op-
Grafton nov for six months and fig
nr.s airs az hand FROM which We may
make i reasonable inference, first. rs
To whether it b. q revision downward.
and second. as 90 its capacity for pro-
siutiuE revenue, for II must hu borne
ia mind that the nassape ot the laW
WnS demanded not only for the pur-
pose of changing rates in their effect
un0n tho Industries OF the country but
also for the purpose of increasing
trade revenues and tho success of the
measure Is 60 be- judged hy its ro-
snlts IN both these respects.
''rhc bureau ot statistics rs author
iV- Tor the statement that during the
hrst six months of tho operation of
she PAYNE law, which has iust ended,
she average rate Of duty naid on an
duniahie imports WAS 2i.09 per cent
dNaiorem Tho average ratio OF duty
uaid on an imports for the same siv
months for the four preceding years
nndeF the hlngloN iaw was .4S- This
would show mat the reduction in ulr
Payne law % 2Af PER cent uf the vail
-rr 81 the Gods or chat tbs reduction
nelow the previo4ts iari0 rates ls IT,
seer cent. showing D. ~donnvi,rii ir-
fsion uf this cNfert lu those goods
which ore dutiali0 luf this y not
IA. Under the lns nr iaU 500 per
.-nt al tho GROSS f~rtr.rf4 FU~ fnI inst