The pioneer express., 1912-01-26
THE Steel Bill
RADICAL REDUCTION PROPOSED
IN ALL IRON AND STEEL
PRODUCTS.
FROM 80 TO so PER CENT
sarbed Wire Placed on freesLlst.-AiI
Duties on the Ad vaiorum
6asis.-5iIi Ready to A
Be Introduced.

6asis.-BtIt Ready to
Be introduced.
Washington, D. C. Reductions
of from 30 to SO per cent ON all items
in the iron and steel tariff and the
placing on the tariff free list Of iron
ore, sewing machines, printing ma
chinery, cash registers. nails and
many other articles against which a
tariff is now levied are proposed in
the Democratic steel revision tariff
bill.
After being submitted to the full
committee the bill was laid before the
Democratic caucus. If approved by
the caucus it will be formally intro
duced in the house.
\ Sweeping reductions are made in all
Of the important items of the iron and
steel tariff. Among articles now duti-
able under the Payne-Aldrich bill,
which would be placed on the free
list are: Iron ore, existing duty 5.29
percent; hoop and band iron and steel,
16 per cent; barbed wire and wire
fencing, III per cent; nails, 1867 per
cent; horseshoes, 21 per cent; tung-
stem ore, 10 per cent; zinc ore, 3G57
per cent; cash registers. linotype ma
chimes, machine tools. printing
presses, sewing machines and type
writer's 80 per cent.
The reductions made OH finished
steel and iron products range in many
classes as great as SO per cent. The
ways and means to accompany the bill
show that this will make correspond
ing reduction in tariff revenues from
these sources.
The rates OF duty under the existing
Payne-Aldrich tariff law have been re-
duced to the equivalent nd valorem
duty by the committee. Using the ad
valorem equivalent as basis, the i'm
portant reductions proposed by the
Democratic bill are as follows:
Slab iron and steel. from 1852 to 10
per cent; round iron, in coils or rods,
81 to 10; beams, girders, etc. 80 to Is;
boiler plate, 81 to 20; sheet iron or
steel, 90 to Is; steel saw plates, % to
15;i iron or steel forgings, 80 to 13;
ball and roller bearings. As to .25; hoop
iron, 1888 to 10; band iron, 80 to Is;
railway bars. 1884 to 10; railway fish
plates, 20 to Is; steel ingots. 2l.S3 to
10; rivet, screw and fence rods, IA to
10; anvils, 31.95 to l5
! Automobiles, motor cycles and III
cycles, As to 70 per cent; axles and
axle bars, 1881 to 10; blacksmith
tools, 1912 to 10; bolts. 29.O7 to Is;
cast iron pipes. all kinds, 1913 to 10;
chains, 20 to 20.
Knives and cutlery, 1852 to 35 per
cent; razors, II to 35; scissors and
shears. 52.55 to 50; carpenters, butch.
ers' and artisans knives, kitchen
knives and forks. 43.43 TO Is; files and
rasps. 61.16 to %; muskets, rifles, 25
to is; breech-loading shotguns and
rifles, 4564 to 35; table, kitchen and
hospital utensils, 40 to 25; needles and
bodliins, AZ to 25; fish hooks. As to 10,
and fishing rods, reels and tackle, As
to IS per cent.
Engraved plates. for printing electro
types and stereotypes. from 25 to 15
per cent; lithograph plates, SO to %;
saws, 24.30 to 12; umbrella and parasol
ribs and stretchers, SO to 80; railway
wheels, 50.63 to %; aluminium and al
loys, 45.19 to 25; antimony, 26 to 10;
German silver, 25 to Is; bronze DOW
der, etc., Al to rs; braziers> copper,
l1.4S to S; gold leaf, 1855 to IS, and
silver leaf. $40 to 80.
Tinsel wire, ETC., is increased from
1045 to 80 per cent. Tinsel wire
products are reduced from GA to 20 per
cent; hooks and eyes, $3.50 to Is; lead
bearing ore. SO to 25 per cent upon the
lead contents; lead bullion, $3.50 to
25; nickel and alloys, 1880 to 10;
pens, except gold, SO to 25; gold pens.
Is per cent, not changed; pins, So to
20 per cent; quicksilver. 13 to 10;
type metal, "a to IS; watch move
ments, so to 80; zinc, in blocks or
pigs, 20 to IS; metal cans and pack
ages, sc to 80; bottle caps, SO to 30;
steam engines. 80 to %, and nippers
and pliers, from 60 to 80 per cent.
All other articles are to le dutiable
under the bill at Is per cent ad val
orem, where rate is not specifically
given.
/. While barbed wire is put on the free
list, telegraph and telephone wire are
given a rate Of 80 per cent ad val.
orem.
Duke to Visit Washington.
Washington. Jan. 13.-The Duke Of
Connaught will make a flying visit
here and call on the president Thurs.
day.
& Meeonagle to BE subpoenaed.
Washington, d. G.. A subpoena
will be Immediately issued, requiring
the presence Of w. "a. McGonagle.
president of the Duluth, Missabe 9
Northern railway, before the steel