The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1913-04-08

oil cloths for floors from a 40 per cent
to 10 per cent. handkerchiefs from 90
per cent to IS per cent
schedule X. dealing with woods and
wool manufactures has been the center
of criticism for many years and the com
mittee has given it very careful STUDY.
The result has been to make raw Wool
free of duty. to reduce yarns from q. 30
per cent to 20 per cent. blankets from
p 50 per cent to 70 per cent, nannels
from sSss per cent TIT, to 20 20 "a ana neS 50 g9
to 80 per cent clothing from 1906 per
cent to 30 per cent, weddings. etc. from
from rates ranging from 60 per cent to
80 per cent to rates ranging from ~
per cent to 35 per cent
"Inasmuch as silk and silk goods are
distinctly to be classed as luxurles. II
has been deemed wise to make only very
moderate reductions in the rates of duty
Partially manufactured goods has been
cut from 21.01 per cent to 10 per cent,
spun silk yarn from 800 per cent to 80
i5 per cent silk goods from 52.5S per cent
to so per cent. silk handkerchiefs (plain)
from so per cent to 40 per cent, ribbons
siik yarns from 41.79 per cent to So per
cent and braids, embroideries and the
like of artificial; silk from 6S.4S per cent
print paper. whose cost of production
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 2 1-2 cents per
pound while the higher grades have been
given tariff Of IL per cent in place of
cut from 42.ss per cent to 80 per cent.
bag envelopes. etc, from 40 80 per cent
to IS per cent, parchment papers from
Al 80 per cent to 35 per cent. Photographic
paper from % 80 per cent to % per cent.
writing paper from 45.13 per cent to 20
per cent. common wrapping paper from
5.1S per cent to 25 per cent. and books
from % per cent to Is per cent.
Trimmed hats are given only a mod
cent to 40 per cent. while brooms are
substantially reduced. being cut from 40
per cent to 10 per cent. Jewelry has been
per cent to so per cent. good illus
tration of the attitude adopted with
spect to the application of the tariff is
seen In he item. precious stones uncut.
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 allowance for
the difference in freight rates the tariff
downward to the lowest tariff that can
be levied will continue to be competitive
to greater or less extent. Where COM
petition is not interfered with by IeVying
the tax above the highest competitive
point. the profits Of The manufacturers
are not protected
ION the other hand when the duties
levied at the custom house are high
enough to allow the American manUfac-
turer to make a profit before his COM
petitor can enter the field, we have in
vaded the domain of the protection of
profits. In the committees judgment the
protection of any profit must of necessity
have tendency to destroy competition
and create monopoly whether the profit
| protected is reasonable or unreasonable
(which course is the wiser one for
our government to take2 The one that
demands the protection of profits the
continued policy of dollhouse growth for
our industries-the stagnation of develop
ment that follows where competition
ceases-or on the other hand the gradual
reduction of our tariff to a basis where
the American manufacturer must meet
honest competition; where he must de-
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 industries lies
beyond the seas