Wood County reporter. [volume] (Grand Rapids [i.e. Wisconsin Rapids], Wis.) 1857-1923, 1913-04-17

pAOPOA L4CI tIS ucdFg Lo4SS 0POA Ill
ported foodstuffs
General Slash en- cottons.
In schedule I, dealing with cotton,
comparisons of the principal items
show reductions on cotton thread from
31-54 per cent. to 1929 per cent; on
spool thread from 2295 per cent. to
Is per cent; on cotton cloth from
42.74 per cent. to 2G.69 per cent; on
water proof cloth from 50.56 per cent.
to Is per cent; on ready made cloth
ing from so per cent. to 80 per cent;
on collars and cuffs from 6403 per
cent. to 25 per cent; on pushes from
51.40 per cent to 40 per cent; on
handkerchiefs from 1927 per cent. TO
so per cent; On stockings, 1874 per
cent. to so per cent; on gloves from
1917 per cent. 10 80 per cent; on IN
derwear from 60.27 per cent. to 25 per
cent, and on cotton damask from 40
per cent to 25 per cent
Flax, hemp and their products have
been similarly dealt with. Raw fax
$22.40 and $3.50 per ton, respective
ly, to s11.20 each; jute yarns have
been cut from $3.50 per cent, to Is
per cent; cables and cordage from
6.43 per cent. to ass per cent; oil
cloths for floors from 1929 per cent.
to Is per cent; handkerchiefs from
so per cent. to 50 per cent.
How Schedule K Fares.
Schedule K, dealing with woods
and wooden manufactures, has been
the center of criticism for many years
and the committee has given it very
careful study. The result has been
to make raw wool free of duty, to re-
duce yarns from 1874 per cent to 20
per cent; blankets from 1859 per cent
to 25 per cent; f1annels from 1929 per
cent to % and 50 per cent; dress
goods from 1910 per cent to 50 per
cent; clothing from 1856 per cent to
So per cent; weddings, etc, from 1927
from rates ranging from so per cent
to 81 per cent, TO rates ranging from
20 per cent to So per cent.
'Inasmuch as silk and silk goods
are distinctly to be classed as luz
uries, it has been deemed wise to
make only very moderate reductions
In the rates OF duty. Partially manu-
featured goods have been cut from
2101 per cent to Is per cent; spun
silk yarn from 37.09 per cent to 50 per
cent sewing silk from 80 per cent to
Is per cent; silk goods from 52.55
per cent to so per cent; silk handker-
chiefs (plain) from so per cent to 10
per cent; ribbons from so per cent to
40 per cent; artificial silk yarns from
41.79 per cent to 50 per cent, and
braids, embroideries and the like OF
artificial silk, from 6S.49 per cent to
60 per cent.
Print Paper on the Free List.
print paper, whose cost Of pToduc-
ton is as low in this country under
favorable conditions as it is anywhere
in the world, has been transferred to
the free list when worth less than
21a cents per pound, while the higher
grades have been given a tariff of y
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 1892 per cent to 80 per
cent, parchment papers from 1892 per
cent to 35 per cent, Photographic pa
per from 29.99 per cent to % per
cent, writing paper from 1913 per
cent to 25 per cent; common wrap
ping paper from SIS per cent to 25 per
cent and books from 25 per cent to
Is per cent.
Jewelry Only Slightly Reduced.
"Jewelry has been only slightly re-
duced falling from 1914 per cent to
SO 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 a rate of 10 per cent
notwithstanding they were on the
free list under the act OF 1909
Where the tariff rates balance ths
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 tho
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 a profit before his
competitor can enter the field, we have
invaded the domain of the protection
of profits. In the committee judg-
ment the protection OF any profit must
OF necessity have a tendency to de-
stroy competition and create monop-
oily. whether the profit protected Is
reasonable or unreasonable.
Which course is the wiser one for
cur government to take- The one
that demands the protection of profits.
the continued policy OF dollhouse
growth for our industries-the stag
nation OF development that follows
where competition ceases-or, on the
other hand, the gradual reduction OF
our tariff to 3 basis where the Amer
lean manufacturer must meet honest
competition; where he must develop
his business along the best and most
economic lines; where, when he fights
at home TO control his market, he Ia
forging the way in the economic de-
velopment OF his business to extend HIS
trade in the markets of the world
The future growth OF our great indus
tries lies beyond the seas"