McNairy County independent. (Selmer, McNairy County, Tenn.) 1902-1969, 1913-04-18
PROVISIONS Of THE
new TARIFF BILL
Congressman Underwood Ex-
plains What It Means to
the Country.
REDUCE REVENUE sso,o0O,ooo
Places Raw Wool on the Free List,
and Heavily Reduces the Sugar
Duty--RaIses Rates on Sew
eraI Items.

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 Injuries,
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
ocratic tariff revision bill
Sugar would be free Of duty in 1915,
the bill proposing an immediate rs per
dent. 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 wooden
goods.
Placed on the Free List.
Other articles are put on the free
list as follows. Meats, -four, 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 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, 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 l cent to cents per
| pound.
The new rates are estimated to re-
duce the customs revenue approx
mately $SO,Oo0,OO0 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 Underwoods statement
giving the changes in detail continues
as follows:
I'm the chemical schedule the rates
| on certain commodities show heavy
reductions. For instance, boracic acid
is cut from 1870 per cent. to 21.43 per
cent, glue from 1906 per cent. to
1929 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 %
per cent to Is per cent, backing from
rs per cent to Is per cent, drugs
from 1885 per cent. to 10 per cent,
and olive oil from 35.18 per cent. to
21.G5 per cent. The schedule contains
number OF articles on which either
no reduction has been made or an adj
vance provided for.
Rates on all brick have been cut
on the average from 1923 per cent.
to 1928 per cent, tile from ABA per
cent. to 1885 per cent, asphalt from
37.05 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 IL per cent.
while window glass has been given an
average reduction on all glasses Of
from 48.38 per cent. to 1881 per cent.
| Plate glass, which may be considered
luxury, still retains a duty Of nearly
40 per cent, the average being S8.45
per cent. In place of the duty Of 63.95
per cent. In the law.
Pig Iron and Forslngs Hi.
"Pig iron and slabs, which were
| 1885 per cent. and 1919 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 is per cent. On the ether
hand, bicycles, much more highly
| manufactured product. are dutiable 1T
IS per cent az against AZ per cent.
| and razors at IS per cent AZ against
77.6S 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
| 80 per cent. are now 14.77 per cent,
and house furniture, which was So 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.
I'm 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
thoroughly revised and important re-
auctions have been made. For In
stance. the duty on horses has been
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