The Columbia herald. [volume] (Columbia, Tenn.) 18??-1935, 1913-10-10
ADVANTAGES IF NEW
TARIFF LAW v Il
Be DELAYED SOME
BENEFITS TO THE PEOPLE WILL
NOT BE HAD FOR
AWHILE.
NO CHANCES TO &c TAKEN
Until Properly Posted on New Law,
All Collectors Will Continue to De-
mand the Old Rates--Ships Wait
ing to Enter Ports.

| ''S ~ -"sS' VSi eSs
WASHINGTON, Oct. Am bond
and in ships lying outside various
United States ports with cargoes
ready to take advantage of the re-
duced rates of the Underwood-Sim-
mons tariff law, the treasury depart
ment estimates there are goods and
merchandise valued at 100000, 900.
Three-fourths of this enormous sum
will enter through the port of New
York, the remainder being scatter
ed among the ports of Boston, Phila-
delphia, Baltimore and more South
ern ports.
From the moment the law became
effective, merchandise was subject to-
assessment under rates Of the new
democratic tariff. AS a matter of
fact, however, these rates will not
be collected. The government al
ways takes the advantage to make
sure that its revenues are properly
collected and no chances of loss un-
der the new law will be taken.
Not until the collectors throughout
the country are thoroughly posted
with regard to the new law and the
detailed regulations of the depart
ment have been received by the col
lectors in the remotest part of the
country, will the importers receive
the immediate and direct benefit OF
reduced rates. Collectors have been
instructed to continue assessing the
duties under existing law, withhold
ing final liquidation until later pc
riod to be fixed by the department
Through this plan the government
will protect itself and the importers
money will be tied up until such time
as the department may odrer rebates
to be paid representing the difference
between the old and the new law.
This arrangement will be of ad-
vantage to importers, as 1t will pre-
vent any delay in getting their goods
through the customs house and onto
the shelves of the retailers and
thence into the hands of the consum-
err Experts of the treasury depart
ment were unable to begin the revi-
sion of the treasury regulations until
the rates of the new tariff were Offic-
tally known and these were not
known until the. conference report
was agreed to- While these experts
have been busy day and night, pre-
pairing for the condition in the GUS
toms laws It will be another week
or ten days before the results have
been officially verified and the new
regulations placed in the hands of the
collectors Even then it is claimed
the new law will be enforced only in
a general manner It may be weeks
before the changes in all the details
and intricacies have been worked out
and the new customs duties assessed
form day to day as invoices from
abroad arrive with imports.
Meanwhile as has been stated, all
importers must liquidate their duties
on the basis of the Payne-Aldrich law
until the government believes it has
it's new system in perfect working or
der.
When the new tariff bill was under
consideration in the senate, propO-
sition was advanced to assess all
goods shipped ahead of time and held
in bond at the rates of the Payne-Al-
drich law. This was not agreed to
for the reason that large importers
in New York and other Atlantic ports
notified the committee that II this
were done the goods would be remov-
ed from bond, shipped back to Eu-
orpe and reshipped after the law
went into effect. The committee
learned that the importers could do
this and save money, so they aban-
doned the idea of collecting the high
err rates of existing law on goods now
in bond