The Kenna record. (Kenna, Roosevelt County, N.M.) 190?-1924, 1913-04-18

4Z.f4 per cent to 1859 per cent: or
water proof cloth from 5O56 per cent
to 20 per cent; on ready made cloth
Ing from so per cent. to 80 per cent
on collars and cuffs from 6403 per
cent. to rs per cent; on pushes from
61.4O per cent to 40 per cent; on
handkerchiefs from 1927 per cent to
30 per cent; on stockings, 1884 per
cent. to 30 per cent; on gloves from
Ss.17 per cent. to 35 per cent; on un-
derwear from 1927 per cent. to rs per
cent, and on cotton damask from 40
per cent. to 20 per cent.
Flax, hemp and their products have
been similarly dealt with. Raw fax
and raw hemp have been reduced from
S22.4O and $22.50 per ton, respective
ly to $1120 each; jute yarns have
been cut from $500 per cent. to IS
per cent; cables and cordage from
SAB per cent. to 455 per cent; oil
cloths for floors from 1929 per cent.
to 15 per cent; handkerchiefs from
DO per cent. to 35 per cent.
How Schedule K Fares.
Schedule X, dealing with woods
the center Of criticism for many years
and the committee has given it very
careful study. The result has beer
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; flannels from 1929 per
cent to % and 35 per cent dress
goods from 1910 per cent to 35 per
cent; clothing from 1886 per cent to
S5 per cent; weddings, ETC., from 1927
per cent to 35 per cent, and carpets
from rates ranging from 60 per cent
to 81 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-
featured goods have been cut from
21.O1 per cent to 10 per cent; spun
silk yarn from 1900 per cent to 80 per
cent; sewing silk from 35 per cent to
10 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
41.7s per cent to So per cent and
braids, embroideries and the like of
artificial silk, from 6S49 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 1t Is anywhere
In the world, has been transferred to
the free list when worth less than
~ 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 1922
per cent to 30 per cent, bag envelopes. |
ETC., from 1892 per cent to 35 per |
cent, parchment papers from 1892 per |
cent to S5 per cent, Photographic pa
per from 29.99 per cent to 25 per
cent, writing paper from 45.13 per
cent to 25 per cent; common wrap
ping paper from 85 per cent to rs per
cent and books from 25 per cent to
il per cent.
Trimmed hats are given only a
moderate reduction, being cut from
30 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
go per cent. A good illustration of
the attitude adopted with respect 10
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
to be competitive to a great
or 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
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-
ply, whether the profit protected is
raa anna HE nr nnraooNnokIo