The Chickasha daily express. (Chickasha, Indian Territory [Okla.]) 1899-current, 1912-03-27
Democrats Of Ways and Means
Committee Take Issue with
the President Taft and
Tariff Board
REPUBLICAN POSITION
DECLARED UNTENABLE
No Valid Argument Against the
Bill Contained in the Presi-
dents Veto Report Of
Board Criticized

Washington, March 27-Denouncf
ing the theories and methods Of the
tariff board as erroneous and unten-
able the Democrats Of the house
ways and means committee today
filed with the house voluminous re-
port on the re-introduced Underwood
wool bill, vetoed by the president last
summer.
The committee declares that the
wool report gives absolutely no rea-
sons for any change in the bill passed
last year.
After reviewing the presidents veto.
the committee quoted the report ON
the original bill that 1T would be
trifling with the people to give fur
ther consideration to Republican cOun-
sels Of more delay"
"The committee has made care
full analysis Of the report Of the tariff
board in order to interpret the find
ings and to discover in what particu-
lars the committees bill Of the last
session was detective" the report
states. This analysis has failed to
reveal anything that requires a single
ehange in the rates fixed in the com
mitteea bill
@As shown IN she analysis, che data
OF the report Of the tariff board have
been found to be dffuse and uusyste-
matte and to present Insignificant find
ings.
THE theory Of applying tariff du-
ties according to the difference in the
cost Of production in this and in for
eign countries. upon which the board
has projected and prepared its report,
is entirely erroneous and untenabIe.
Those persons who are willing to
overlook the lack Of theoretical sound
ness and Of statistical accuracy, will
find the data OF the report too frag
mentary and incomplete to admit Of
[ conclusions with reference to rates OF
tariff duty. The report leaves the
> question Of the tariff duties on wool
( as much unsolved as before the tariff
+ board was formed.
IN preparing this bin no Intentional
e provision was made for protection, the
y endeavor being to reduce and adjust
a rates with view TO producing the
\ largest amount OF Fevenue consistent
with the proper consideration OF the
o consumer It is believed that the rates
Il Of this bin approach very closely, at
n least, to the best revenue-producing
a points. and these rates should, II en-
e acted into law, permit such quantities
e OF imports as will effectively regulate
y domestic prices. Such competition
e would be an important service to the
people. as It would encourage increas-
10 ed consumption and production bq
IS making more nearly normal the cen
,e ditions Of supply and demand.
NJ THE report OF the tariff board SC
'y far as it admits Of conclusions shows
that the rates which meet the consum
lie er's needs also sufficiently satisfy
k those Of the producer
ut Probably the most striking feature
w OF the report Of the tariff board 4
that it contains little with reference
" to the tariff 1t is primarily an aualy
X sis Of the money expenses involved Il
iir the production and manufacture Q
li- wool
After a voluminous discussion 0
ir. the tariff boards findings regardiu
conditions ia the production Of ra1
lg, wool, the committee, to Justify tn
sst rate OF 20 per cent placed on the RAJ
02 product BY the bill, declares that n
he protection" whatever is necessary.
av- Discussing the Republican doctrin
that the tariff should represent th
difference in the cost Of production Z
home and abroad, the report says.
The view, that the proper basis *
'ol. tariff duties is found by eomparin
ere money costs Of production, rests upc
ras the opinion that money costs rcpresei
nut the relative degrees Of sacrifice i
Dri yolved In turning out commodities
red a given kind IN various countries. r
Inn Instance. IL it be assumed that il
the given unit Of a certain commodity q
Continued on Page xwo.)