The Detroit times. [volume] (Detroit, Mich.) 1903-1920, 1913-10-06
Consumer Must Eventually Be
Gamer, Declares George T.
Moody, Discussing Wooden
and Silk Schedules
|0ERAM'S BUSINESS HIT;
DOESN'T WHIMPER
We Measure Is for General
Cood-Redeems Campaign
Pledges. Says Lucking

~ get our Official copy OF the tarin
SnM" said Andrew Smith. deputy col
,ee1or Of customs, Saturday morning
- actual administration Of the new
y1nA wh4ch went into effect at mid
Mu1k Friday. viii be q dinicult mat
Ut 1pr Q while because OF the recipro
~ provisions. II sets q certain duty
5@r . commodity. and then stimulates
fhAk such . duty will STAND except
- eases where the country from
Witch It comes has q higher duty on
~ anme article when coming from
~ United States, In which case the
4eAer duty must be collected. We
N5N have to have q copy OF the Can
14aan tariff laws prepared. as most OF
he goods entering here come from
Conada. We expect our administers
8Ro copy Of the new tariff Monday OF
THesdAy and will begin following II
1mmediAtely. A big rush OF business
II certain for q time
The new tarin Is being generally
well received by Detroit business
men.
1T may take little time, but oul
Industries will At themselves to the
new tariff BILL" said George T. Moody
0Sst vice-president Of the Newcomb
K0dicot Co., and former president oil
tAA Board Of Commerce.
The japanese, who are the shrewd
pct business men in the world, ad
vsnced their prices on silk 10 pei
cent as soon as they were sure that
The bill would pass. Raw material
costs have gone up, 1t Is true; but the
laps lost no time In taking advantage
Df the new tarif.
THE effect of the reduction OF
duties will be most severely felt In
the WOODEN industry. The new rates
on manufacturers Of wool do not &c
lnto effect. l believe, until the new
bear, and some Of the big American
companies, like the Botany WOrsted
o. OF Passaic, have not yet fixed
their scale Of prices. A drop from 1l0
per cent to so per cent duty is tre
mendous. and will require great deal
of adjustment. Eventually the consum
er will get the benefit. but 1t may take
some time. We shall be able to buy
Foreign challis, which IL considerably
inner and better than the American
article, and which has been almost
barred from the American market
The effect on the wool industry OF
america II still doubtful; but the In
f0uStry IL not In its infancy, and viii
{hdju1t itself to new conditions, posi-
2bly by . reduction of labor costs.
"The decrease in the tariff on cot
Don goods viii make slight difference
In prices, but the wooden situation IL
tho big problem. / believe business
men will be satisfied with the new
pkari6 II they find that 1t is to remain
IN force for long period. We can
E|get along with any arrangement after
i've are used to Il; but business does
Mot like q constant threat Of disturb
hnce by tariff changes. There 10 nc
|feeling of alarm or panic over the
|new tariff law. Our industries have
|Ialready begun to adjust themselves
TO the new rates, and everything Will
|come out all right"
81 Alfred Lucking praised President
Wilson.
1.-The promises of the Democratic
|lparty on tariff reform have been
Kept" said Mr.. Lucking. That 10 q
Btriking fact In the political world
,The other party broke its promise
made In 1908. and the people over
threw it by the most decisive defea'
In history. No party In this country
MAS ever before dashed In one short
Dpace Of four years from the pinnacle
lot victory to such . depth Of utter dis
aster.
The magnificent generalship Of
President Wilson has answered the
only criticism made Of his nomination
You remember they said: oh, yes. he
h . good man and q great scholar
but he has no executive ability; he
hasn't had the experience In states
manship.' Now, today, after only sew
an months Of administration. not Z
imam lives In this country who will
hot say that Wilson IL q master ex
ocutive; that he dominates not only
his own cabinet. but also congress
that no president ever had such com
plets mastery Of legislation with &C
lt31o friction"
Z am satisfied with the new tariff
nd think business will be bettel
01der IT," said Frederick F. Ingram
hoad Of Frederick F. ingram z Co.
n10afActurmg pharmacists. II be-
1oWo that the general condition Of the
pountxy viii be improved by the lower
3n9 o( the duties. There may be /,
Il1&la embarrassment to manufactur
NpEyk bat I can't zee who they will be
bunsve that the effect of the meas
- was discounted long ago, and thai
- passage won't make q SILVER any
Ny own industry 10 not favoret
~ ohe tarif, because of the peculiar
~ Of the kind of goods We manufac
trgA The Democratic policy was K
I'D b the duty on what are consid
verod Injuries. Our raw material foI
1poue0me0 could enter free under thu
|ol0 tAEl6; under the new measur<
ltAore u . duty Of 20 per cent. The
tari3 On manufactured perfumes, how
lopo9, - the same - under the old act
70 We are under some disadvantage
IN suite /of that, there II no kick com
ing nom us, because we believe tina
Xgonoral good will result. We are sat
l16od 70 accept the new conditions be
causo We believe the country - .
|wnolo will benefit from q low tariR.
II believe that everything will worl
|out right in the long run. Some o.
ny colleagues seem to be scared Il
death, but I have told them that thu
|Gonoral good n more important thai
bur particular industry, and BELIEVE
thot - time goes on and - business
ouot1nuoo TO adapt itself to the new
Dooditiou. the feeling OF insecurity
Nm pass away