Newark evening star and Newark advertiser. [volume] (Newark, N.J.) 1909-1916, 1911-06-01
CUTS
IN WOOL TARIFF
ARE REPORTED
Ways and Means Present Sched-
nle to Democratic House
Caucus.
MANY DUTIES CUT
OVER FIFTY PER CENT.
Chairman Underwood Believes
That Party Will Accept Pro-
visions Practically Entire.

lHdt rdTty VIII Accept fF0H
visions Practically Entire.
WASHINGTON, June THE Demo-
cratic wool tariff bill, prepared by the
ways and means committee of the
House. was presented TO the Demo-
cratic caucus at noon today. The bill
makes reductions of from one-half to
two-thirds in all wool duties. Raw
wool itself, which was free in previous
Democratic tariff bills. is given a duty
of 20 per cent. ad valorem, equivalent
to from 3 to . cents a pound.
The proposed wool tariff represents
a reduction of only 81, 1850, 900 in the rev.
enues of the government, according to
a statement presented to the caucus by
Chairman Underwood. Imports of
wool for he past year amounted to
$40, 4 1850, n the Democratic leaders
estimate that the reduction in tariff
will so stimulate importation that the
first year under the proposed duties
would result in the importation of
$130, S22,0o0 worth of wool.
wool Dutfcs III ,DO4,o4D.
The duties collected in the past year
on wooden imports amounted to Sal, 904,-
$40. while under the first year of the
new duties 1t is figured the revenue
would be $40, $50, 200.
All specific duties, whereby a stated
sum is collected by the government on
certain grades of wool, are changed by
the new bill to ad valorem duties.
The general average ad valorem duty
on manufactured wool under the pro-
posed law is estimated at 42.55 per
cent while under the existing law il
is figured as 1910 per cent. The duty
on raw wool under the proposed law Is
20 per cent, while under the existing
law 1t is ABB per cent.
Inc new duties, together with the
present duties. as figured on an ad
valorem basis by Chairman Underwood,
are as follows:
Raw Wool-Proposed duty, 20 per
cent; existing duty, 41.31 per cent.
No1ls, Waste, %Shoddies, etc.-Pro-
posed duty. 20 per cent; existing duty,
1886 per cent.
Reduced 1919 Per Cent.
Combed wool or tops, proposed duty
rs per cent. existing duty 105.19 per
cent.
Yarns made wholly or in part of
wool, proposed duty 30 per cent: ex-
listing duty S2.3S per cent.
Cloths. knit fabrics and all manufac-
lures of wool, proposed duty 40 per
cent; existing duty 97.11 per cent.
Blankets and ~flannels. proposed duty
80 per cent, when valued at less thar
so cents per pound; As per cent. when
valued at more than so cents per
pound; existing duty 1857 per cent.
Women's and children's dress goods
and similar goods, proposed duty As
per cent. existing duty 1926 per cent.
Ready made clothing articles of
wearing apparel, proposed duty As per
cent; existing duty S1.31 per cent.
Braids, ribbons. insertions, laces, an
broideries, nettings and like articles
wholly or in part made of wool, pro-
posed duty 35 per cent; existing duty
S7.06 per cent.
Duty on Carpets Reduced.
Administer, Aubusson, Moquette and
Chenille Carpets-Proposed duty, 10
per cent; existing duty, 62.c9 per cent
Saxony, Wilton and Velvet Carpets
Proposed duty, 80 per cent; existing
duty, 70.14 per cent.
Brussels Carpets-Proposed duty, 30
per cent; existing duty. 1923 per cent
Velvet Tapestry Carpets printed on
the warp or otherwise)-Proposed duty,
So per cent; existing duty, 62.46 per
cent.
Tapestry Brussels Carpets (printed
on the warp Or otherwise)-Proposei
| l..4xv on Nav onn4 nvfeftiao. l,,f. ca A.
Treble-ingrain. Three-play and all
Chain Venetian Carpets-Proposed
duty, 80 per cent; existing duty, 64.3i
per cent.
Wool Dutch II Two-ply Ingram
Carpets-Proposed dut.', % per cent;
existing duty, sc. % per cent.
Oriental Rugs-Proposed duty. SO
per cent; existing duty, 60.57 per cent.
Druggets and Bookings (printed or
colored)-Proposed duty. IS per cent. ;
existing duty, 65.2S per cent.
Carpets mot otherwise provided for)
of Wool, Flax or Cotton and Mats,
Mating and Rugs of Cotton-Proposed
duty, % per cent; existing duty, 40. 9S
per cent.
The bill states: Whenever in this
act the word wool is used in connec-
ton with a manufactured article of
which it is a component material, 1t
shall be held to include wool or hair of
the sheep, camel, goat, alpaca or other
like animals, whether manufactured
by the wooden, worsted, felt or any
other process"
The wool bill was laid before the
caucus by Chairman Burleson. 1t was
the first intimation the majority of, the
members had been given of it's exact
terms. Chairman Underwood under
took an exhaustive explanation of the
measure.
Mr.. Underwood declared the duties
collected last year on raw wool
amounted to $21,0 O0. 900. The reduction
of the raw wool duty to 20 per cent,
as proposed. would cut these duties.
he said, to 49, 9S, 900, even under q
greatly stimulated import trade. To
reduce these duties further would be
impraeticable at this time, he added,
even had the committee desired to
do so.
After having been in session two