McNairy County independent. (Selmer, McNairy County, Tenn.) 1902-1969, 1913-04-18

| per CENT, sneep ITOm lO.4l per- Cent
to 10 per cent barley from 43.05 per
cent. to 23.07 per cent, macaroni
from 34.25 per cent to 1881 per cent,
hay from 43.21 per cent to 1851 per
cent. fruits from 27.21 per cent. to
1888 per cent, figs from 51.53 per cent
to 42.10 per cent, lemons from $685.
per cent. to 24.O3 per cent. live poul-
try from 1910 per cent. to 6.67 per
cent, and vinegar from 5000 per cent.
to 1889 per cent. Other changes are
In proportion. and the general effect
has been to reduce In very material
proportion the heavy taxes upon i'm
ported foodstuffs.
General Slash on cottons.
''In schedule /, dealing with cotton,
comparisons Of the principal items
show reductions on cotton thread from
31.54 per cent. to 1929 per cent; on
spool thread from 22.95 per cent. to
IL per cent; on cotton cloth from
42.74 per cent. to 1859 per cent; on
water proof cloth from 50.56 per cent.
to rs per cent; on ready made cloth
ing from so per cent to 80 per cent;
on collars and cuffs from 64.03 per
cent. to 20 per cent. on pushes from
51.40 per cent to 40 per cent; on
handkerchiefs from 1927 per cent. to
80 per cent; on stockings, 1884 per
cent. to 50 per cent; on gloves from
1917 per cent. to 35 per cent; on un-
derwear from 6O.27 per. cent to rs per
cent, and on cotton damask from 40
per cent to % per cent.
Flax, hemp and their products have
been similarly dealt with. Raw fax
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 Is
per cent; cables and cordage from
6.43 per cent. to 4.55 per cent; oil
cloths for floors from 44.2s per cent.
to Is per cent; handkerchlefs from
30 per cent. to 35 per cent.
How Schedule X Fares.
Schedule X, dealing with woods
and wooden 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 1884 per cent to 20
per cent; blankets from 1859 per cent
to rs per cent; fiannels from 93.29 per
cent to rs and 35 per cent; dress
- -
cent; clothing from 1885 per cent to
IS per cent; weddings, ETC., from 1927
per cent to IS per cent, and carpets
from rates ranging from so per cent
to 50 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, 1t has been deemed wise to
make only very moderate reductions
in the rates of duty. Partially manu-
featured goods have been cut from
21.01 per cent to Is per cent; spun
silk yarn from 37.09 per cent to IS per
cent; sewing silk from IS per cent to
15 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 68.49 per cent to
so per cent.
Print Paper on the Free List.
Print paper, whose cost Of produc-
ton is as low in this country under
favorable conditions as It Is anywhere
in the world, has been transferred to
the free list when worth less than
2h 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 4e.32
per cent to 30 per cent, bag envelopes,
etc., from 1892 per cent to 35 per
cent, parchment papers from 1872 per
cent to IS per cent, Photographic pa
per from 29.99 per cent to 25 per
cent, writing paper from 45.13 per
cent to rs per cent; common, wrap
ping paper from IS per cent to rs per
cent and books from % per cent to
Is per cent.
JeweIry Only Slightly Reduced.
"Jewelry has been only slightly re-
duced. falling from 1874 per cent to
so 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 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 . 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 dollhouse
growth for our industries-the stag.
nation OF development that follows
where competition csases-or, on the
otner hand, the gradual reduction Of
our tariff to basis where the Amer.