Eastern Colorado times., 1913-04-18

cent. to 80 per cent: on gloves from
89.17 per cent. to IS per cent; ON un-
derwear from 60.27 per cent to rs per
cent. and on cotton damask from 40
per cent. to 25 per cent.
Flax, hemp and their products have
been similarly dealt with. Raw max
and raw hemp have been reduced from
$22.40 and $3.50 per ton, respective
ly, to &11.20 each; jute yarns have
been cut from $500 per cent. to 10
per cent; cables and cordage from
6.43 per cent. to 4.55 per cent; oil
cloths for floors from 44.29 per cent
to IL per cent; handkerchiefs from
30 per cent. to IS per cent.
How Schedule K Fares.
Schedule K, dealing with woods
and woolen manufactures, has been
the center Of criticism for many years
and the committee has given 1t very
careful study. The result has been
to make raw wool free Of duty. to re-
duce yarns from 1874 per cent to 20
per cent; blankets from 1889 per cent
to 25 per cent; fiannels from 1929 per
cent to 25 and IS per cent; dress
goods from 1910 per cent to IS per
cent; clothing from 1885 per cent to
3b per cent; weddings. ETC., from 1927
per cent to IS per cent, and carpets
from rates ranging from 60 per cent
to 80 per cent, to rates ranging from
20 per cent to IS per cent.
Inasmuch as silk and silk goods
are distinctly to be classed as lux
uries, it has been deemed wise to
make only very moderate reductions
in the rates Of duty. Partially manu-
factured goods have been cut from
21.01 per cent to 15 per cent; spun
silk yarn from 37.09 per cent to IS per
cent; sewing silk from 35 per cent to
Is per cent; silk goods from 52.55
per cent to so per cent; silk handker-
chiefs (plain) from so per cent to 40
per cent; ribbons from so per cent to
40 per cent; artificial silk yarns from
41.79 per cent to 35 per cent, and
braids. embroideries and the like OF
artificial silk, from 6S49 per cent to
60 per cent
Print Paper on the Free List.
print paper, whose cost of produc-
tion Is as low in this country under
favorable conditions as 1t is anywhere
the free list when worth less than
21s cents per pound, while the higher
grades have been given tariff of 12
per cent IN. place Of 1880 per cent.
Copying paper has been cut from 42.32
per cent to 30 per cent, bag envelopes.
ETC., from 1892 per cent to 35 per
cent. parchment papers from 1892 per
cent to IS per cent, Photographic pa
per from 2999 per cent to rs per
cent, writing paper from 45.13 per
cent to 25 per cent: common wrap
ping paper from 35 per cent to 25 per
cent and books from 25 per cent to
IL per cent.
Trimmed hats are given only a
moderate reduction, being cut from
80 per cent to 40 per cent, while
ing cut from 40 per cent to 15 per
cent.
JeweIry Only Slightly Reduced.
"Jewelry has been only slightly re-
duced. falling from 1874 per cent to
60 per cent. A good illustration of
the attitude adopted with respect to
the application 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 from that point downward to the
lowest tariff that can be levied will
continue to be competitive to a great
er or less extent. .
Strikes Blow at Monopoly.
ION the other hand, when the duties
levied at the custom house are high
enough to allow the American manu-
facturer to make profit before his
competitor can enter the field we have
invaded the domain of the protection
Of profits. In the committees judg-
ment the protection Of any profit must
Of necessity have q tendency to de-
stroy competition and create monop-
oily, whether the profit protected is
reasonable or unreasonable.
(which course is the wiser one for
our government to take? The one
that demands the protection Of profits.
the continued policy Of hothouse
growth for our industries-the stag
nation Of development that follows
where competition ceases-or, on the
other hand. the gradual reduction of
orr tariff t0 ha afs whoro tho 49,.