Ottumwa tri-weekly courier. [volume] (Ottumwa, Iowa) 1903-1916, 1911-06-10
SEES BACKBONE
OF PROTECT|0N
ABOUT TO 0BREAK
Representative Hull of Ten
nessee Declares Passage
of Wool Tariff Bill Will
Have This Effect.

Washington, d. c., June 9.-The de-
bate on the wool tariff revision bill
was resumed today in the house. Rep
resentative Hull of Tennessee, de-
clared that he believed the passage
of the measure would "break the back
bone of republican protection" He
said that while he believed in free wool
some duty was necessary at this time
to prevent a treasury deficit.
Murdoch Attacks Worsted Schedule.
An attack on the democratic wool
tariff on the ground that 1t affords
protection to the so-called worsted
trust, was made in the house by Rep
resentative Victor, Murdoch of Kansas.
Mr.. Murdock attacked the forty per
cent duty on worsted clothes which
the bill contains.
81 cannot see how any man here. Z
said Mr. Murdock, knowing the wor-
sted trust, knowing Its gross and cruel
brutality in the fabric field, can back
it up by putting tariff on worsted,
either as a frankly avowed measure OF
protection or under the pretense of q
tariff for revenue"
Manufacturers Are Ashamed.
Mr.. Murdock said the worsted trust
has so lowered the quality of goods
that Clothing manufacturers have
been ashamed to pass the fabrics on
to the wearers.'
At the same time, he said the cost
Of worsted goods has been increased.
"The worsted trust has, by stock
manipulation" said Mr.. Murdock,
paid out in eleven years on probably
$15, 100000 original investment $22,.
100000 in dividends and has built up
besides an establishment carrying q
capital Of $60,000O00 with surplus OF
$10,OOO,0OO on top of that. 1t has die
tated to the woolen trade. 1t has had
the privilege, of, a joker In the raw
wool classification and OF another
joker in the duty on yarn and tops"
Says Wool Bill viii Not Pass.
Pendleton, Ore, June 9.-Assurance
that wool growers have nothing to
fear from the proposed downward
move of the tariff was received yes
terday by Dan P. Smythe, secretary
Of the Oregon State Wool Growers
association, in letter from Dr. 8. w.
Mcclure, secretary of the National
Wool Growers association, who has
been in the national capital.
The letter says:
II have gone over the situation in
very carefully and feel
safe in assuring your wool growers
that there will be no legislation af-
fecting the tariff passed at the pres
ent session by congress.
"The bill does not affect the wool
market, for it will never become a
law Please advise your wool grow
ers not to sacrifice their clip for there
Is every reason to belief that better
prices will be received later in the
season"
Republicans See Free List Joke.
Republican senators ichuckled today
over what they called good joke on
the democrats of the house. The
house free list bill places on the free
Of duty list lumber. boards, ETC.. Eek
cept boards, planks, dials and other
lumber of lignun vitae, lance wood
wood, satinwood and all other cabi-
net woods"
These woods dl y on the free list
lnder the present 1sw and the repub.
ican senators are asking what effect
will be if they should be specifically
excepted from the later free list law.
Honduran Loan Treaty Approved.
The senate committee on foreign re-
lations today decided to report favor
ably the treaty between Honduras and
this country, providing for loan OF
100000 from banking interests Of
the United States to meet the Hon
duran debt. Of this amount $7,500,000
is to be forthcoming at once. The
treaty similar in import
ance has not yet been acted upon.
But as the provisions of this treaty.
It is understood, are practically the
same as those of the Honduran COM
pact, the impression prvails that 1t !
also will meet with the approval Of
the committee.
A collector Of customs will be named
by the bankers who will finance the
loan, his appointment to be
by the president OF the
United States.
LorImer Committee Meets.
The first meeting Of the Lorimer in
vestigating committee was held today.
Senator Dillingham; of Vermont was
formally elected chairman.
No date for the beginning of the
inquiry was fixed.
DIV MD0