The review. [volume] (High Point, N.C.) 1908-19??, 1913-04-17
PROVISIONS OF THE
new TARIFF BILL
Congressman Underwood Ex-
plains What 1t Means to
the Country.
REDUCE REVENUE $50, 600, 600
Places Raw Wool on the Free List,
and Heavily Reduces the Sugar
Duty-Ralses Rates on Sew
eral items.

| Sr6t tCGm9s
Washington, D. C.-Removal of all
tar1n from many articles Of food and
clothing, broad reductions in the rates
or duty on all necessaries of life, an
increase of tariff on many luxuries,
and new income tax that would touch
the pocket of every American citizen
whose net income exceeds $4,000 are
the striking features of the new Dem
ocrat1c tariff revision bill.
Sugar would be free Of duty In 1916,
the bill proposing an immediate Is per
cent reduction and the removal of the
remaining duty in 1916.
Raw wool would be made free at
once, with a corresponding heavy re-
duction In the tariff on all wooden
goods.
Placed on the Free List.
Other articles are put on the free
list as follows: Meats, flour, bread,
boots and shoes, lumber, coal, harness,
saddlery, iron ore, milk and cream, po-
tatoes, salt, swine, corn, cornmeal,
cotton bagging, agricultural imple-
ments. leather, wood pulp, Bibles,
printing paper not worth more than
~ cents a pound, typewriters, sewing
machines, typesetting machines, cash
registers, steel rails, fence wire, cot
ton ties, nails, hoop and band iron,
fish, sulphur, soda, tanning materials,
acetic and sulphuric acids, borax, lum-
Der products, including broom handles,
clapboards, hubs for wheels, posts,
laths, p1ckets, slaves, shingles.
These principal items are taken
from the free list and taxed: Rough
and uncut diamonds and precious
stones, furs, coal tar products, 10 per
cent; volatile oils, 20 per cent;
spices, from cent to 2 cents per
pound.
The new rates are estimated to re-
duce the customs revenue approx
mately $S0,0O0,0O0 year. This is ex-
pected to be made up by the income
tax.
Protection to the farmer would be
cut throughout by more than SO per
cent. in an effort to reduce the cost
Of food. Protection to the steel and
| implement manufacturer would in
turn be cut by fully as wide margin.
Heaviest reductions fall upon food
stuffs, agricultural products, wooden
and cotton clothing.
| Duty Cuts In Detail.
| Chairman Underwood's statement
giving the changes In detail continues
as follows:
"In the chemical schedule the rates
on certain commodities show heavy
I ioc nj ri
Is cut from 1870 per cent. to 21.43 per
cent, glue from 1906 per cent. to
1923 per cent. and red lead from 60.35
per cent. to rs per cent. Moderate re-
auctions have been made on medicinal
preparations, which are cut from rs
per cent to Is per cent, backing from
Is per cent. to Is per cent, drugs
from 1855 per cent. to 10 per cent,
and olive oil from 35.18 per cent to
21.O5 per cent. The schedule contains
q number of articles on which either
no reduction has been made Or an ad-
vance provided for.
RATES on all brick have been cut
on the average from 1923 per cent.
to 1923 per cent, tile from 47.84 per
cent. to 1886 per cent, asphalt from
3705 per cent. to 9.62 per cent. Or
binary earthenware, which was al
ready relatively low, being subject
to an average duty of 24.67 per cent,
has now been cut to Is per cent,
while window glass has been given an
average reduction on all glasses OF
from 1888 per cent. to 1881 per cent.
Plate glass, which may be considered
q luxury, still retains a duty of nearly
40 per cent, the average being 38.46
per cent, in place of the duty Of 6S.95
per cent. in the law.
Pig iron and Forglnes Hit.
"Pig iron and slabs. which were
1885 per cent. and 1879 per cent.
have been cut to per cent. in each
case: beams, from 1920 per cent. to IL
per cent, and forgings from 80 per
cent to IL per cent. On the other
hand. bicycles, much more highly
manufactured product, are duttable at
% per cent. as against 45 per cent,
and razors at 35 per cent. as against
77.68 per cent.
"The idea of the large extension Of
the free list for the manufactured
products has been the fundamental
conception, while the effort has been
made to improve the status of the
manufactured lumber. Thus, sawed
boards, other than cabinet wood, have
been carried to the free list, while
sawed cabinet woods, which were
1915 per cent. in 1912, are now 10 per
cent; casks, barrels, etc., which were
30 per cent, are now 14.77 per cent,
and house furniture, which was 35 per
cent, Is now Is per cent.
Tobacco and spirits have been
found to be good producers of revenue
and have, therefore, been left at the
same rates as in the present law.
Would Reduce Cost Of Living.
"In the effort to relieve the consum-
er and to mitigate the high and rising
cost Of living. schedule G, which deals
with agricultural products, has been
| 4hororO%lv revised and imDOrtant re-