The Forrest City times., 1913-04-11
PROVISIONS OF THE
 NEW TARIFF BILL
Coauressman Underwood Ex- plains What It Means to
 the Country.
REDUCE REVENUE SeO,00o, GOO
Places Raw Wool on the Free List, and Heavily Reduces the Sugar Duty-Raises Rates on Sew
 eraI Items.

Washington, D. C.-Removal of all tariff from many articles of food and clothing, broad reductions in the rates Of 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 s4,000 are the striking features of the new Dem ocratic tariff revision bill.
 Sugar would be free of duty in 1916, the bill proposing an immediate 25 per cent, reduction and the removal of the remaining duty in 1916.
 Raw wool would be made free at once, with corresponding heavy re- duction in the tariff on all woolen 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 21a cents 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, pickets, 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 1 cent to cents per pound
 The new rates are estimated to re- duce the customs revenue approxi- mately $S0,000000 year This is ex- pected to be made up by the income tax.
 Protection to the farmer would be cut throughout by more than 50 per cent. in an effort to reduce the cost O. food Protection to the steel and implement manufacturer would in turn be cut by fully as wide a 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
 a oh al ha on certain commodities show heavy reductions. For instance, bOracic acid is cut from 7S.70 per cent. to q 43 per cent, glue from 35.06 per cent to 1429 per cent. and red lead from 60,35 per cent. to p per cent. Moderate re- auctions have been made on medicinal preparations, which are cut from 25 per cent to 15 per cent. blacking from 25 per cent to 15 per cent. drugs from 12,55 per cent. to 10 per cent. and olive oil from 35.1S per cent. to 2105 per cent. The schedule contains 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 30.23 per cent to 1928 per cent, tile from 47S4 per cent. to 23,36 per cent. asphalt from 37.05 per cent, to 9.62 per cent. Or dinary earthenware, which was al ready relatively low, being subject to an average duty of PACT per cent has now been cut to 15 per cent while window glass has been given an average reduction on all glasses oi from 46,3S per cent. to 2S31 per cent Plate glass, which may be considered luxury, still retains a duty of nearly 40 per cent, the average being 3S45 per cent, in place of the duty of 6395 per cent. in the law.
 Pig Iron and Foreings Hit,
 Pig iron and slabs, which were 1885 per cent. and 17.79 per cent. case: beams. from 2320 per cent to r. per cent. and forgings from 30 peI cent, to Is per cent On the other hand, bicycles, a much more highly manufactured product, are dutiable at 25 per cent as against 45 per cent. and razors at 35 per cent. as against - .6S per cent.
 The idea of the large extension of the free list for the unmanufactured 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 lod, have !