The Elk Mountain pilot., 1911-12-28
fAvORS LOWERING
OF TARIFF RATES.
PAIeipkNr TAFT. IN AQGssAoG TO
-scoNoNgob, A0vocATHo NJ.
DucrloN or DUTIES.
SCHEDULE K UNDER FIRE
In cemmunieatleW q. csWSress, Chief
Executive In6sress csNslUsas0s
Arrived st BY the RessAtiy \
crsatsd Tari0 Oeard.

VbO0t00 v0fvW O08bVs
Washington.-lA transmitting 70
congress the report of the tAri3 board
on schedule x the prssidsnt accom-
panied II with the following message:
To the Senate andt House Of Rsprsssata-
dives:
In my annual message to congress. De-
csmbss. lsee. I staAsd that under ssct,ou
. Of the act Of August. - looo. had Ap-
pointed . tariff board OF three members
TO co-opsrats With the state department.
In the administration OF the maximum
. GLOSSARY or encyclopedia OF the EXIST
ing tari6 % - to render its terms initial
hgible to the ordinary reader. and then
to investigate Industrial conditions ana
costs OF production at homo and abroad.
with . view to Determining to what sx-
tent existing tariff rates actually sxsu-
plify the protective principle. Wis: That
dutiso should be made adequate. ana only
adequate. to squaliss the difference In cost
OF production at home and abroad.
further stated that believed these In
vsstigations would be Of great value a.
bAsis for accurate legfsiation. and that 1
should from time to time recommend TO
congress the revision OF certain schsd-
ulss In accordancs with the andinss OF
the board
In the last .ession of the sixty-nrss con-
grsss . hill creating . permanent tarfn
board OF nvs members. OF whom not
more than three should b OF the same
political party. pAssed each house, but
failed Of enactment because Of slight dif-
fersncss on which agreement was not
reached before Adjournment An appro-
prtatton act provided that the psrmAnsnt
tar16 board. II created by statute. should
report to congress on schedule X In D.
cembsr. 1911
Presidential Appointments.
Therefore, to carry out 20 far - lay
within my power the purpo1es OF this
bin for . permanent tariff board. ! ap-
pointed in March. 1911: . board OF i've.
adding two members OF such party ANIL
alton a. would have fulfilled the ststu-
tory rsquiremsnts. and directed them TO
make . report to me on schedule X OF
the tarin act In December Of this year.
In my mesaass Of August II. 1911. &C
companying the veto OF the wool onl
said that. in my Judgment. schedule X
should Be- revised and the rates reduced
Ny veto was based on the ground that.
since the tariff board would make. In
Decsmher. . detailed report on wool and
wool manufactures. with special refer
sncs TO the relation OF the existing rates
Of dut1ss To relative costa herS and
abroad pubic policy and . fair rsgard
to ths interests OF ths producers and -the
manufactures on the one hand and Of
that ieg1siasioa should not b hastily g.
acted IN the. shssees Of such information:
that was not myself poesesssd at that
time Of adequate knowledge OF the facts
to dstssmias whs<hsr or not the propossd
act was In accord With nay plsdga to
policy; that such Issisiauon might prove
only Temporary and infiict upon . great
Industry the evils sf contnusd uncss-
tainty.
Adveestss Rsdvetlen ef Rstss.
] ssw herewith pubmit . report Of the
tariff board On schedule X Ths board -
unAnlm0us In its Andinga- On the basis
the congrsss proceed to consideration
Of this schedule with view to tts row.
SON and . general reduction Of It's ratsA.
TIE report shown that the prsssnt
method OF assessing the duty on raw
wooi-this IL. By the specific rate on the
grease pound. l. o. acknowledgements to
exclude. wooh Of high shrinkags In
securing, but ans quality: from the
American maxks< and thereby tesssus the
range Of wools available to the Domestic
nAnofa etursr: that tbs duty on unsecured
wool Of n cepts pr found 10 prohsostory
and operates to exclude the Importation
Of clean. low-prtcsd forsiGp wools Of In
fsrior grades. which are n&verthsises val
uable material for manufacturing and
which cannot b imported In the srsass
because Of their heavy shrfnkeGe. ouch
wools. X importsd- might BE- used 70 dis-
place the cheap substitutes nov In uss,
To make tie. prscedinS paragraph . IT.
tie palmer. take tsss instance of . hum
drsd pounds Of Arst-ciass. wool imported
under the prsesnt ddty. which b II cents
. pound. That would make the duty on
ths hundrsd pounds 81 The msrchan-
disc part Of the wool thus imported 10
the weight OF the wool Of this hundred
pounds after securing. II the vooa
'phrfnks % per cent. A. some wool doss.
then The. duty in such . case would
amount to nj on % pounds of secured
wonl This Of course. would be prohibit
tory. ~ the wool shrinks only % per
cent, Il would b I'll on 70 pounds Of
wool. and this II near 10 the averags OF
the great bulk Of woods that are imported
from Australia. which II the principal
source Of our imported wool. e.
These diAcslminations could Be- over
come by assessing q duty In ad valorem
terms. BUT this method II open to the OBJ
lection, hrst. that Il increases admin4stra-
dive difficulties and tends to decrease
revenue. through undervaiuatfon: AID.
second. that as prices advance. the ad
valorem rNts increases the duty per pound
at the time when the consumer most
needle relief ss,d the producer can best
stand Competition: while II prices de-
cline tho duty 10 decreased at the time
when the consumer II least burdened by
tho price and the producer most needs
protection
Method That Meets DIfRcuity.
a-~sh-r ,rsshoxf r~sett1~ h. .AiSA-