The Idaho Springs siftings-news., 1913-04-12
show reductions on cotton thread from

spool thread from 22.95 per cent to
15 per cent. on cotton cloth from
42.74 per cent. to 26.69 per cent; on
water proof cloth from 60.56 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 25 per cent; on pushes from
51.4o per cent. to 40 per cent; on
80 per cent; on stockings. 1874 per
cent. to so per cent; on gloves from
Ss.17 per cent. to 35 per cent. on un-
derwear from 60.27 per cent. to 25 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 2690 per cent. to 15
per cent: cables and cordage from
SAB per cent. to 4.55 per cent; oil
to Is per cent; handkerchiefs from
so per cent. to 35 per cent.
How Schedule X Fares.
Schedule X. dealing with wools
and woolen manufactures, has been
the center OF criticism for many years
and the committee has given it very
careful study. The result has been
to make raw wool free OF duty, to re-
duce yarns from 1874 per cent to 90
per cent; blankets from 1859 per cent
to 20 per cent: flannels from 1929 per
cent to 25 and 35 per cent: dress
goods from 99.70 per cent to 35 per
cent; clothing from 1886 per cent to
35 per cent; weddings, etc. from S27
per cent to 35 per cent. and carpets
from rates ranging from 60 per cent
to SO per cent, to rates ranging from
20 per cent to 35 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-
factured goods have been cut from
21.01 per cent to Is per cent; spun
silk yarn from 37.O9 per cent to 35' 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-
ton 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
21a 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 42.32
| per cent to 80 per cent bag envelopes,
| etc. from 1892 per cent to 35 per
cent. parchment papers from 47.92 per
cent to 35 per cent, Photographic pa
per from 29.99 per cent to Is 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
| Is per cent.
Trimmed hats are given only a
Iloutl dlt ItuuCllOl, DeluB cut from
80 per cent to 40 per cent, while
brooms are substantially reduced, be-
ing cut from 40 per cent to Is 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 a 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.
"On the other hand, when the duties
levied at the custom house are high
enough to allow the American manu-
ldCLuItI W lldhe d plOHl DeIOTe 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 a 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
otner hand. the gradual reduction of
our tariff to a basis where the Amer