The Grenada sentinel. [volume] (Grenada, Miss.) 1868-1955, 1911-12-29
PIONEERING
TARIFF RATES
..-Afr, IN MESSAGE TO
ADVOCATES RE-
t.'cT,oN OF DUTIES.
IvLE K UNDER FIRE

bULE
~" lndorses Conclusions
=, by the Recently
Created Tariff Board
,n-In transmitting TO
' ,ss report of the tariff board
.sls K the president accom-
vith the following message;
I..,.,. and House Of Representa-
m.ssage to congress. De-
s p stated that under section
August S. 1903. I had APP
ses ~ hoard Of three members
A1'a .,,th the state department.
.S%a,tstrstion Of the maximum
.am clause Of that act. to make
1' =, encyclopedia Of the exist
n render its terms intel
ordinary reader. and then
us Industrial conditions and
~s,oduction at homo and aoroao'
=, determining to what OK
.arin rates actually exem-
ass,sctiys principle. viz: That
IA ~ made adequate. ana only
.cuslize the difference In cost
..,on Al home and abroad.
~. s,sted that I believed these IN
4. would be of great value a. q
..curate legislation. and that l
time 70 time recommend to
4. revision Of certain sched-
accordance with the nndinss u
!, session Of the sixty-first con-
mi creating a permanent tarfst
Az members, Of whom not
three should be Of the same
r,rty. passed each house. but
suactment because Of slight dif-
an which agreement was not
fore adjournment An appro-
At provided that the permanent
I'd Il created by statute. should
coneress on schedule K In Do
MI
residential Appointments.
,rs. to carry out 50 far a. lay
m power the purposes OF this
permanent tariff board, I APP
I March, 1911. a beard Of fiye.
IA members Of such party afhli-
vsuld have fulfilled the statu-
,yements. and directed them to
,euort to me on schedule X Of
act IN December Of this year.
message Of August II. 1911. ac-
Az the veto Of the wool bnl. I
in my judgment. schedule X
4 revised and the rates reduced.
was based on the ground that.
. tariff board would make. In
a detailed report on wool and
nnufactures. with special refer
he relation Of the existing rates
to relative costs here and
subtle policy and a fair regard
n~terests OF the producers and the
tturers % the one hand and OF
sumers on the other demanded
lslation should not be hastily en-
the sbsence Of such information:
M not myself possessed at that
sdequate knowledge Of the facts
nine whether or not the proposed
IN accord with my pledge to
q fair and reasonable protective
nat such legislation might prove
nporary and infict upon q great
the evils Of continued uncer-
vocates Reduction Of Rates.
herewith submit a report Of the
ard on schedule X. The board ID
he In Its findings. On the basis
findings I now recommend that
gFess proceed to a consideration
schedule with a view to its revi-
. general reduction Of its rates.
port shows that the present
II assessing the duty ON raw
lh Is. BY the specific rate on the
psund, l. e.. ACKNOWLEDGEMENTS t.
woods Of high shrinkage In
but fine quality. from the
. market and thereby lessons the
woods available to the domestic
Fturer; that the duty on unsecured
q cents per pound is prohibitory
rates to exclude the Importation
low.priced foreign woods Of in.
Fades. which are nevertheless val.
naterial for manufacturing. and
esnnot be imported in the Rreas,
u their heavy shrinkage. Such
Imported. might be used to dis.
: cheap substitutes now in use.
Pke the preceding paragraph a ut
per. take the instance Of q hun
ands Of first-class' wool importe,
y present duty. which IL II cent.
That would make the duty OF
aered pounds $l1. The merehan
Of the wool thus imported 4
|sht Of the wool Of this hundre,
alter securing. II the woo
per cent. as some wool does
duty In such a case woul.
VI on 20 pounds Of secure,
gag, OF course. would be prohibi
inc wool shrinks only 50 pe
would be III on 20 pounds Q
tnis is near to the average o
.ulk Of woods that are. importe'
.uaia, which Is the princips
our Imported wool.
examinations could be over
assessing a duty in ad valorer
y .nis method IL open to the OF
sls,, mat It increases administrs
.ulies and tends to decreas
through naturalization; anf
'..' y prices advance. the a
.a'e Increases the duty Der noun
M when the consumes moa
~ ana the producer can ~
.psuuen: while II prices d
auty " decreased at the Tim
.onsumer 10 least burdened 5
'aa the producer most need
NO That Meets D.sneu,ty.
method of meettr- 49,