Evening star., 1911-06-01
REDUCTION ON WOOL
Raw Material Given 20 Per
Cent Ad vaIorem Duty.
NEW TARIFF BILL READY
Ways and Means Committee Presents
Measure to Democratic Caucus.
DECREASES ALL ALONG LINE
But Chairman Underwood Explains
That Reduction Will Stimulate
Trade and Increase Revenue.
DECREASES ALL ALONG LINE

The democratic wool tariff bill, prepared
by the ways and means committee Of the
House, was presented to the democratic
caucus at noon today. The bill makes
reductions Of from one-half to two-thirds
in all wool duties. Raw wool. which
was free in previous democratic tariff
bills. is given a duty of 20 per cent ad
valorem, equivalent to from to cents
a pound.
The proposed wool tariff represents
reduction of only 81 $50 600 in the reve-
nues of the government, according to
a statement presented to the caucus by
Chairman Underwood. Imports OF wool
for the past year amounted to $40, 14A,oOo
and the democratic leaders estimate that
the reduction in tariff will 50 stimulate
Importation that the first year under the
proposed duties would result in the I'M
portation of $13O. .S22. 600 worth of wool.
The duties collected in the past year on
woolen imports amounted to $41.0O4, ,b40
while under the first year OF the new
duties it is figured the revenue would be
$40. 556, 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 valorern duties.
The general average ad valorem duty
on manufactured wool under the proposed
law is estimated at 1855 per cent; while
under the existing law 1t 10 figured as
80. 10 per cent. The duty on raw wool
under the proposed law is 20 per cent;
while under the existing law 1t is 44.S1
per cent.
Old and New Compared.
The new duties, together with the pres
ent duties as figured on an ad valorem
basis by Chairman Underwood. are as
follows:
Raw wool-Proposed duty, 20 per cent;
existing duty, 44.31 per cent.
Noils, waste, shoddies, etc.-Proposed
duty, 20 per cent; existing duty, 1885 per
cent.
Combed wool or tops-Proposed duty. 25
per cent: existing duty, 1O619 per cent.
Yarns, made wholly or in part Of wool
Proposed duty, 30 per cent: existing duty,
S23S per cent.
Cloths. knit fabrics and all manufac-
lures of wool, proposed duty, 40 per
cent; existing duty, W.11 per cent.
Blankets and fannels. proposed duty. 30
per cent when valued at less than 50
cents per pound; 45 per cent when valued
at more than so cents per pound; existing
duty, 9557 per cent.
Women's and children'S dress goods
and similar goods, proposed duty, 45 per
cent; existing duty, 1O2-S5 per cent.
Ready-made clothing and articles OF
wearing apparel. proposed duty, As per
cent: existing duty, S1.31 per cent.
Cut OF More Than Half.
Braids, ribbons, insertions. laces. en-
broideries, nettings. and like articles
wholly or in part made of wool, proposed
duty, 80 per cent: existing duty. S7.O6 per
cent.
Administer. aubusson, moquette and
chenille carpets. proposed duty 40 per
cent; existing duty. goo per cent.
Saxony, wilton and velvet carpets, pro-
posed duty, 30 per cent; existing duty.
20 IA per cent.
Brussels carpets, proposed, duty, % per
cent: existing duty, 1919 per cent.
Velvet tapestry carpets. printed on the
warp or otherwise: Proposed duty, 35
per cent: existing duty. u. .46 per cent.
Tapestry brussels carpets. printed on
the warp or otherwise: Proposed duty.
Treble-ingrain. three-ply and all chain
venetian carpets: Proposed duty. 80 per
cent: existing duty. e4.34 per cent.
Wool-dutch and two-ply ingram car
pets: Proposed duty. % per cent; exist
ing duty, $3.50 per cent
Oriental rugs: Proposed duty, 80 per
cent; existing duty, 60.57 per cent.
DrugRets and bookings, printed or col
ored: Proposed duty. 25 per cent; exist
ing duty, cas- Fer cent
wool. fax or cotton. and mats. mating
and rugs of cotton: Proposed duty, %
per cent: existing duty. 409S per cent
The bill states: Whenever in this act
the word "wool'' is used in connection
with manufactured article OF which It
to include wool or hair of the sheep,
camel, goat, alpaca or other like animals.
whether manufactured by the swoolen,
worsted. felt or any other process.