Albuquerque evening herald. [volume] (Albuquerque, New Mexico) 1911-1914, 1912-03-28

I ~ ita recommendations Of last nfn-
sion with regard TO tho ratos Of
Schedule X"
The report 81 ele committee further
states That sha tnrin boards report
lnrHeiy consisted OF q study OF what
a. called Comparative cost or produce
ton OF wools md manufactures OF
woods IN various counties, and Of This
81 says:
The view that the proper basis
Tor tariH duties n found Dy comparl
Ing money COSTS Of prediction, rests
upon the opinion that money costa
represent the rolativa degrees 81 SAGE
flhce involvesi- ls turninr out cein-
mpeitiea Of a given kind IN various
countries For Instance, II Il be as
sumcd that n a given unit OF q cer-
iasn commodity can be produced IN
Enpland az one dollar, or the cquiva-
lent 81 that sum, while IN the United
States the money expenses 81 produce
tion nj gi.2s, Il is necessary to have
tarin duty equal 20 the difference in
these money expenses Of production.
pf certainly 20 the difference In
money exDenscs minus the allowance
for vaElaiiena In freight rates. ip orr
Ger 60 place the producers IN the two
countries upon an equal market foot
Ing. if this r. not done, IL will be
possible Tor the producer In the coun.
gry where money expenses are low
eat 20 drive out OF business the pro-
Queer AZ the country where money
expenses are highest. This assump-
ton II basel upon an erroneous view
OF international trade. and nnds no
warrant whatever IN economic reo-
soning."
The Democratic report discusses
this matter az great length, and points
out that IN every country here Is
great range Of difference IN cos,
Beside these considerations" the
report Gays. IL should be noted that
IN every country there is "A great range
Of difference IN cost os production.
Scarcely any commodity can be said
20 have a Uniform cost OF production.
There Is more difference. as rule,
between different factories he the
same country, than there "a between
the best and po1fest factories In one
country and those Of corresponding
grades IN another. This has been
amply illustrated by the work or the
tariff board itself. In It's report on.
pulp and pager the board found little
difference In money cost OF produce
ton between che United States and
Canada IN the best mills. but II did
find very great difference IN expense
OF production between the best ana
poorest Inilis In the United States.
The Indication would have been.
therefore, that while protection was
not needed by the best factories In
the United States against the Canadian
Il was needed BY the poorer factories
In the United States against the bet
ter factories In this country, but not
against those In Canada. Owing TO this
variation IN cost Of production within
the same country. Il IL not possible
20 compare in absolute terms the pro-
ductive power Of one country with
that Of another.
Even II Il Ne granted, however,
that an aacertatlhent OF differences
n money eoat OF whether
AagAesi - ~ go sPr lqwsaiT-Sosld
Furnish = stlide 70 the proper anoWht
Of tariff duty needed for protective
purposes the problem would remain
whether money expenses Of prodnc-
ton could be nscertained Ia such a.
way as 70 render the method avail
able. Experience. as we'll as theoret-
loal considerations, show that this Is
not the care"
The COMMITTEES. averring that the
report 81 the tariff board is not q
tariff document" says on that points
Probably the most striking feat
ure OF the report ~ the tariff board
Is that Il contains little with reference
"a the tariff n isprimarily an anaiy-
sis Of the money expenses Involved Ia
the production and manufacture Of
wool.
volume I OF the report. containing
} the message Of tho president, letter
OF submlttai. summary OF findings ana
glossary. win undoubtedly be OF use
in explaining TO the public the signIfi-
canoe OF the existing tariff end Of the
terms used In u. The volume prob
ably contains little that was not all
ready available % any member OF
congress who chose 10 avail himself
Of the facilities at his command. IL
II ESSENTIALLY clerical or library com
/ piiation from printed sources. and aa
such affords little other than It's con-
/ venlenl form ahat II Of service 20 the
practical legislator
Il Volume ~. wages and efficiency
OF labor ana machinery in the United
:, states. treats a subject which has al
ready been exhauAtigeiy discussed by
the United States migration commits
sion IN reports on the wooden indus
try. and the tariff board undoubtedly
drew upon this source. Whatever
may bc the intrinsic value of this
/ volume. and however. serviceable h
may be % students for reference, az
4 a contribution 90 tariff discussion az
Il the present time Il has no value, be-
cause n does not contain, or profess
I "a contain. comparative material on
efficiency ia foreign countries. u
deals only with American conditions
\ Volume III contains discussion
of manufacturing costs tops, yarn and
cloth, and roady-made clothing About
one-fourth OF the volume % devoted
n 10 study Of reaay-mnde clothing
subject fully covered by the immi-
a grafton commission IN a report that
has been available for some time
which waa prepared az great expense
u Apparently the chief reason toi
undertaking this inquiry was the
opinion that Il would thus be possi-
/ bic 20 demonstrate the relative insiE'
| uffoanpa ~ vttDl0r goods as an Item