The Holly chieftain., 1913-04-18


42.H per cent to 1868 per cent; on
water proof cloth from 5o.ss per cent
to 81 per cent; on ready made CLOTH
ing from 50 per cent. to 30 per cent;
on collars and cuffs from 64.03 per
cent. to IS per cent; on pushes from
61.40 Per cent. to 40 per cent; on
handkerchiefs from 1927 per cent. to
80 psr cent: on stockings. 7b.3a per
cent. to 80 per cent; on gloves from
ss17 per cent to IS per cent; on un-
derwear from e0.37 per cent. to Is per
cent. and ON cotton damask from ~
per cent. to IS per cent
Flax. hemp and their products have
been similarly dealt with. Raw max
and raw hemp have been reduced from
&21.4o and e22.50 per ton. respective
ly. to e11.10 each; jute yarns have
been cut from $500 per cent to 10
per cent: cables and cordage from
e.A3 per cent to 455 per cent. oil
cloths for floors from 44.2s per cent
to ID per cent: handkerchiefs from
80 per cent. to as 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 1t very
careful study. The result has been
to make raw wool free Of duty. to re-
duce yarns from 1884 per cent to 20
per cent: blankets from 1888 per cent
to rs per cent: nannels from s3.2s per
cent to 25 and IS per cent; dress
goods from 1910 per cent to IS per
cent; clothing from 1886 per cent to
3b per cent: weddings, ETC.. from Sz.7
per cent to 81 per cent, and carpets
from rates ranging from 60 per cent
to 81 per cent. TO rates ranging from
20 per cent to IS 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 15 per cent; spun
silk yarn from 37.09 per cent to IS per
cent: sewing silk from IS per cent to
Is per cent: silk goods from 5255
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 6s.49 per cent to
go per cent
Print Paper on the Free List.
Print paper, whose cost OF produc-
tion is A. low IN this country under
favorable cchdstaoas a. II 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 42.32
per cent to 80 per cent, bag envelopes,
etc, from 1922 per cent to 35 per
cent. parchment papers from 1892 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 Is per cent; common wrap
ping paper from 36 per cent to 25 per
cent and books from 25 per cent to
15 per cent
Trimmed hats are given only
moderate reduction, being cut from
50 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 to
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
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-
facturer to make profit before 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 tendency to de-
stroy competition and create monop-
oily, whether the profit protected is