River Falls journal. [volume] (River Falls, Pierce County, Wis.) 1872-2019, 1912-01-25
DEM. STEEL BILL
RADICAL REDUCTION PROPOSED
IN ALL IRON AND STEEL
PRODUCTS.
FROM 80 TO so PER CENT
Barbed Wire Placed on Free List.-AIl
Duties on the Ad VaIorum
Basis.-BiIi Ready to
Be introduced.

Washington, d. G. - Reductions
of from 80 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, TIT per cent; nails, 1857 per
cent; horseshoes, 81 per cent; tung-
stem ore, 10 per cent; zinc ore, 1851
per cent; cash registers, linotype ma
chimes, machine tools, printing
presses, sewing machines and type
writer's, 30 per cent.
The reductions made on finished
steel and iron products range in many
classes as great as so per cent. The
figures given out by the committee on
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 ad 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, Orders, ETC., 80 to Is;
boiler plate, 81 to 20; sheet iron or
steel, 80 to IS; steel saw plates, % to
Is; iron or steel forgings, 80 to 10;
ball and roller bearings, 45 to %; hoop
iron, 1888 to Is; band iron, 35 to Is;
railway bars, 1874 to 10; railway fish
plates, 20 to Is; steel ingots, 21.83 to
10; rivet, screw and fence rods, IA to
10; anvils, 31.95 to Is.
Automobiles, motor cycles and BIZ
cycles, As to 40 per cent; axles and
axle bars, 14.81 to 10; blacksmith
tools, 17.12 to 10; bolts, 2907 to Is;
cast iron pipes, all kinds, 1913 to 10;
chains, 29 to 20.
Knives and cutlery, 1852 to 35 per
cent; razors, II to 50; scissors and
shears, 52.55 to 30; carpenters, butch
ers' and artisans knives, kitchen
knives and forks, 43.43 to rs; files and
rasps, GIG to 25; muskets, rifles 25
to Is; breech-loading shotguns and
rifles, 1854 to 35; table, kitchen and
hospital utensils, 40 to 25; needles and
bodkins, 43 to 25; fish hooks, as to 10,
and fishing rods, reels and tackle, 40
to 35 per cent.
Engraved plates for printing electro
types and stereotypes, from 20 to Is
per cent; Autograph plates, 90 to %;
saws, 24.30 to IL; umbrella and parasol
ribs and stretchers, SO to 30; railway
wheels, 5063 to %; aluminium and al
logs, 1919 to 25; anthony, 26 to 10;
German silver, 25 to Is; bronze pow
der, etc., Al to %; braziers' copper,
11.4S to 5; gold leaf, 1866 to IS, and
silver leaf, 1910 to 80.
Tinsel wire, etc., is increased from
1915 to 80 per cent. Tinsel wire
products are reduced from 81 to 20 per
cent; hooks and eyes, $3.50 to Is; lead
bearing ore, SO to 20 per cent upon the
lead contents; lead bullion, $3.50 to
25 nickel and alloys, 1880 to 10;
pens, except gold, SO to %; gold pens,
% per cent, not changed; pins, 80 to
20 per cent; quicksilver, 13 to 10;
type metal, "a to Is; watch move
ments, SO to 30; zinc, in blocks or
pigs, 20 to IS; metal cans and pack
ages, &c to 80; bottle caps, so to 80;
steam engines, 80 to 25, and nippers
and pliers, from 60 to 80 per cent.
All other articles are to De dutiable
under the bill at % 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 flying visit
here and call on the president Thurs
day.