The Bennington evening banner. (Bennington, Vt.) 19??-1961, 1911-06-03
THE UNDERWOOD BILL
1t Would Cut Payne-AIdrich Duties
About In Two

About In Two
Washington, June 3.-The new du-
ties in the Underwood wool bill, to-
gether with the present duties, as fig
ured on an ad valorem basis by Chair.
man Underwood, are as follows:
Raw wool-Proposed duty 20 per
cent; existing duty ABB per cent.
Noils, waste, shoddies, etc.-Pro-
posed duty 20 per cent; existing duty,
1886 per cent.
Combed wool or tops-Proposed
duty, 25 per cent, existing duty, 1885,
10 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 manu-.
features of wool-Proposed duty, 40
per cent; existing duty 97.11 per cent.
Blankets and fannels-Proposed
duty, 80 per cent, when valued at
less than fifty cents pound; As per
cent when valued at more than fifty
cents a pound; existing duty, 1851
per cent
Womens and childrens dress
goods and similar goods-Proposed
duty. 5 per cent; existing duty. 1926
per cent.
Ready-made clothing and articles of
wearing apparel-Proposed duty as
per cent; existing duty S191 per
cent
Braids, ribbons, insertions, laces,
embroideries, nettings and like arti-
Giles wholly or in part made Of wool
Proposed duty, IS per cent; existing
duty. S7O6 per cent.
Administer, aubusson, moquette and
chenille arpets-Proposed duty, 40
per cent; existing duty $40 per cent.
Saxony, wilton and velvet carpets
Proposed duty 35 per cent; exist
ing duty, 7O14 per cent.
Brussels carpets-Proposed duty 30
per cent; existing duty 1929 per cent.
Velvet tapestry carpets, printed on
the warp or otherwise-Proposed
duty, S5 per cent; existing duty, 62.
46 per cent.
Tapestry Brussels carpets, printed
on the warp or otherwise-Proposed
duty. 30 per cent; existing duty 6441
per cent.
Treble ingram, three-ply and all
chain Venetian carpets-Proposed du-
ty, 80 per cent; existing duty, 64.94
per cent.
Wool dutch and twoply ingram ear
pets-Proposed duty, 25 per cent; ex-
listing duty, $3.50 per cent
Oriental rugs-Proposed duty so
per cent; existing duty 6O57 per cent.
Druggets and backngs. printed or
colored-Proposed duty. % per cent;
existing duty, 66.2S per cent.
Carpets not other wise provided for
of wool, fax. cotton and mats, mat
ting and rug. c. tor D~oDosed dn-
ty, 25 per CHS eyisul l0-., us.
per cent.
The bill
Whenever .r t1.s act i've vy-t
wool" is u, - cove on vi,h
manufactured article OF 1.vn :. is a
component material, it shall be held
to include wool or hair of the sheep,
camel, goat, alpaca or other like ami
mails, whether manufactured by the
wooden, worsted felt or any other
process.
The proposed wool tariff represents
reduction of only S1,S5O,0O in the
revenues of the government accord
ing to a statement by Chairman I'm
derwood. Imports of wool for the
last year amounted to s7O,744, $50 and
the Democratic leaders estimate that
the reduction in tariff will so stimu-
late importations that the first year
under the proposed duties would re-
suit in the importation OF S1SO,S22,OOO
worth of wool. The duties collected
in the last year on wooden imports
amounted to S41,9O4549 while under
the first year of the new duties it is
figured that the revenue would be
$40 $3.50, 200.
All specific duties, whereby stat
ed sum is collected by the govern.
ment on certain grades Of wool, are
changed by the new bill to ad valor-
EN- duty on manufactured wool under
the proposed law is estimated at Az
IS per cent, while under the existing
law it is figured as 1910 per cent
The duty on raw wool under the pro-
posed law is 20 per cent, while under
the existing law it is 44.S1 per cent