The Democratic banner. (Mt. Vernon, Ohio) 1898-192?, 1913-04-15

been cut from 2l.0l per cent OF l5.9
per cent spun silk yarn from 37.0o per
cent to IS per cent sewing silk from
IS per cent to IS per cent silk goods
from s2.53 per cent to 50 per cent, silk
handkerchiefs (plain) from 50 per cent
to 20 per cent, ribbons from so per
cent to 20 per cent. artificial silk yarns
from <1.79 per cent to IS per cent. and
artificial silk from $50 per cent to
80 per cent.
Print paper, whose cost Of produce
tion is as low In this country under
favorable conditions as 1t is anywhere
in the world, has been transferred to
the free list when worth less than 2I
cents per pound, while the higher
grades have been given tariff of Il
per cent In place Of 1880 per cent.
Copying paper has been cut from
42.3Z per cent to 30 per cent, bag en-
velopes, etc., from 1922 per cent to
IS per cent. parchment papers from
N92 per cent to IS per cent, photo.
graphic paper from 2899 per cent to
Is per cent. writing paper from 45.13
per cent to IS per cent, common wrap
ping paper from IS per cent to Is per
sent, and books from Is per cent to Is
per cent.
Light Cut on Jewslry.
Trimmed hats are given only .
moderate reduc ton, being cut from so
per cent to 10 per cent, while brooms
are substantially reduced, being cut
from 40 per cent to IS per cent. Jew
elry has been but slightly reduced,
falling from 1874 per cent to 60 per
cent.
"A good illustration Of the attitude
adopted with respect st the applica.
tion of the tariff is seen In the item,
precious stones uncut, which are given
rate of 10 per cent Notwithstanding
they were on the free list under the
act of 1909.
where the tariff rates balance the
difference in cost of production at
home and abroad, including an allow.
ance for the difference in freight rates,
the tariff must be competitive, and
est tariff that can be levied will con-
tinue to be competitive to greater
or less extent.
where competition is not inter-
fercd with by levying the tax above
the highest competitive point the
profits of the manufacturers are not
protected. 40 Sd-f i
Protection Of Profits.
"On the other hand, when the duties
levied at the custom house are high
enough to allow the American manu-.
facturer to make a profit before his
competitor can enter the field, we
have invaded the domain of the pro.
lection of profits.
"In the committees Judgment the
protection of any profit must of neces.
sity have tendency to destroy com.
petition and create monopoly, whether
the profit protected Is reasonable or
unrea asonable.
(Which course is the wiser one for
our government to take? The one
that demands the protection Of profits,
the continued policy Of hot-housc
growth for our industries--the stagna.
tion of development that follows
where competition ceases-or, on the
other hand, the gradual reduction OF
our tariff to basis where the Amesi.
can manufacturer must meet honest
competition; where he must develop
his business along the best and most
economic lines; where, when he fights
at home to control his market, he Is
forging the way in the economic de-
velopment of his business to extend
his trade in the markets of the world
The future growth of our great in.
dustries lies beyond the seas"
Other Important Changes.
Important changes in rates not IL.
cluded in Chairman Underwood's
table are:
Barley malt, from As cents to 2;
cents bushel.
Buckwheat, from Is to cents a
bushel.
Oats, from Is cents to 10 cents a
bushel.
Rice, cleaned, from 2 cents to cent
per pound.
Wheat. from Is cents to 10 cents .
bushel.
Butter, from 6 cents to 3 cents .
ound
Cheese, from 6 cents per pound to
20 per cent ad valorem.
Eggs, from 5 cents to 2 cents a
dozen.
Nursery cuttings and seedlings,
from rs per cent to Is per cent.
Fresh vegetables, from Is per cent
to Is per cent.
Apples. peaches, etc. from Is cents
to 10 cents a bushel.
Raisins, from 2H cents to 2 cents
per pound.
Lemons. present rate w cents per
pound; proposed new rate, l0 cents
for package under one and one-fourth
cubic feet; IS cents for package up tc
two and one-half cubic feet; 20 cents
for package up to FIVE cubic feet; VI
cent per pound for lemons in bulk,
or in larger packages.
Oranges. lines, grape fruit, etc,
present rate l cent per pound; pro.
posed rate same as for lemons.
Pineapples, from 8 cents to 6 cents
per cubic foot capacity OF barrels OF
packages; from So to IS per 1000 in
bulk.
Chocolste and cocoa: Present rate
when valued from IS cents to "a cents
a pound, 2H cents q. pound and 10 per
cent ad valorem additional; proposed
new rate, 2 per cent ad valorem.
Reductions on Wooden Goods.
Woolen manufactured goods and
clothing. Present tariff rates are based
In many cares on value of raw WOOL