Iron County register. [volume] (Ironton, Iron County, Mo.) 1867-1965, 1912-01-11
TARIFF BOARD VALUE
COUNTRY SOMEWHAT skEPTlcAL
ON THE SUBJECT.
Report on Wool Schedule Does Not
Seem to BE Of Much Practical
use-ons Thing at Least
the People Know.

The house OF representatives de-
cided to order the publication of the
tariff board report on the wool
schedule. Perhaps q careful study Of
it may prove that 1t is as valuable as
the president believes 1t to be. But
there is a good deal Of skepticism on
the subject. One thing seems to be
pretty well established. and that is
that the board did not get any i'm
portant Information as to the differing
costs Of production Of wool and WOOL
ems. Indeed. 1t il admitted that it
was impossible ito state in exact
terms the cost of producing q pound of
wool by itself, for the simple reason
that wool Ia but one of two products
of the same operation" So even the
domestic price Of producing wool can
not be stated in exact terms" How
ever, the board, In some way, man
aged to discover that in the west the
cost is at least ii cents q pound, AS
1t admits that the cost In higher in
Ohio than anywhere else. 1t Is hard
to see how, with the high Ohio cost,
and with wool costing II cents in the
sections where production is cheap
est, the board managed to strike an
average Of 81 cents for the entire
country. In truth 1t all looks like
guesswork.
Obviously II the difficulties we're SO
great at home they must have been
much more formidable abroad. The
cost of production In South America
is, we are informed, between 4 and 8
cents a pound. No authority in sup
port of this conclusion has thus far
been given, nor have we any light on
the process used In reaching it. In
regard to the cost in Australia the
board is most indefinite. ut appears"
we are told. that a charge of a very
few cents a pound lies against the
great clips Of that region in the ag-
gregate." Again the board is unable
to name an exact figure" OF course,
all this must be very discouraging to.
those who insist that the measure Of
protection should be the difference be-
tween the foreign and domestic costs
of production. Only, so 1t Is said, al
we observe this principle can we hope
to get a scientific" tariff. Yet we
now see that this difference can not
be established with anything w APP
preaching scientific e~xactness. 1t is
all guesswork. and. therefore, 1t ig
through guesswork that we are to
work out our scientific tariff. We
have no exact figures in regard to
production in this country, in South
America or in Australasia, and yet it
Is expected that congress will from
this report discover what the differing
costs of production are, and then leg
islate scientifically" in the light of
that knowledge.
The truth, of course, Is that the
whole theory is impossible and falla-
cious. We have seen how difficult it
was for the board to apply 1T. and how
complete was its failure to get &C
curately the facts which are supposed
to be necessary to the construction of
g proper tariff. 1t is said that the
ways and means committee will ques-
tion the members of the board as to
the authorities on which it relied and
the methods which it used. One thing,
at least, the people know, and that
is that the wool schedule is about as
bad as 1t could be-is, as the president
once said, 'indefensible ."-Indianapo-
lis News.