The Richmond palladium and sun-telegram. [volume] (Richmond, Ind.) 1907-1939, 1911-07-13
Presents Amendments Today
Reducing the Rates on Cot
ton and Wool and Delivers
an Address.
STATES CONSUMERS
WOULD SAVE MONEY
IF There Is to Be Free Trade
in Agricultural Products,
Through Adoption of the
Canadian Treaty.
(National News Association)

(National News ASSoc1atlon)
Washington, July Ex-senator La
toilette today introduced in the senate
amendments to the reciprocity agree
ment providing for reductions of tariff
on cotton and woolen schedules. The
proposed reduction in the cotton sche,
dule Is twenty.siX per cent. The wool
en- duty is based on IA rate of one
hundred percent Of the total labor
cost Lafollette S; these reductions
would make IA saving to the consunn-
ers of $34l 100000 without injury to
legitimate American industries.
II estimate the loss of revenue to
the government in the neighborhood
OF $3.OOO,0O0," said the senator. but
there will be saving to the consum-
ers of $341 900, 900, divided as follows:
Wool, $l72,OOO,OOO; Cotton, $169, ,OOO,-
900.
III IL we're possible to postpone the
putting Of the Canadian reciprocity
bill into effect until after congress
should have opportunity to act upon
the report which the tariff board will
make Of its investigation Of the cost
OF production of wool and cotton goods
! would not urge a partial revision of
these schedules. included in these
amendments.
Fair to the Farmers.
But IL we are to have free trade
in agriculture products, then as a
compensation to farmers, and in fair
ness to all consumers, the partial re-
ductions proposed in schedules | and
X should be made to go into effect at
the same time as the Canadian agree
ment."
Il believe the duties proposed in the
amendments are greater than neces-
sary to protect our manufacturers
from European competition. However,
! propose to be on the safe side and
make sure no legitimate American in
dustry can possibly be injured by any
of the proposed changes. The amend
ments provide the following duties:
On clothing woois, 40 per cent. ad val
orem; on carpet woods, 10 per cent.
ad valorem; on rope, as per cent; on
yarn. so per cent; on carpets, 40 per
cent; on clothes and all other manu-
features composed entirely of wool as
q component material of the chief val
ue, so per cent. The cotton schedule
provides the following duties on yarns
and thread 20 per cent. ad valorem
on cloth. unbleached. 20 per cent: on
cloth. bleached, % per cent: on cloth
dyed. printed or stained, so per cent. :;
on all manufactures Of cotton cloth
25 per cent; on hosiery, 80 and So per
cent.
Attacks President.
Lafollette made bitter attack on
the President. He said he had two
propositions to submit regarding the
reciprocity bill First" he said con
sidered as a measure of reciprocity it
violates every principal of reciprocity
heretofore expressed in platform dec
larations of the Republican party. and
recognized by the former Republican
President.
In the beginning it was heraided as
n blessing to the consumer. 1t prom
ised to reduce duties for the benefit
of the people. 1t reduces no duties
the effect of which ever can reach the
people, but ii does reduce duties for
,millers, packers. brewers. coal com
bines and very grossly overprotected
interests. It is nothing it pretends TO
be and processes to be nothing that
II is. II Is little brother to the
,Payne-Aldrich bill, the greatest legisla-
tive wrong inflicted upon the Ameri
can people in a century"