The public ledger. [volume] (Maysville, Ky.) 1913-1968, 1917-01-23
TARIFF LEGISLATION NEEDED NOW

providing for the readopon OF the Republican tariH
Of 1909 amending the chemical schedule overhaung the cotton
schedule containing substitute for the wool schedule and proNd
ing ample protection for agricultural products should be mo
duced Congress While is not commended that such
measure enacted law would meet all the exgences OF the
postwar situation would useful purpose in holding in
some degree the food foreign products which otherwise would
break on us when hoses ceased and give legislators
opportunity to undertake complete tariff revision along protective
and scientific lines without being ampeded into consldeed ac
ton the tremendous Of mporaons The kepubcan
are position codnuct tariff hearings and the Democrats
refuse the readoon of sound law such as that OF
1909 with the suggested presents the sole aterna
tive.
Recent developments indicate that the will persist
their only policy Refusing to lay protective
competing products they plan to increase the inherit
ance tax profits and raise the income tax without lowering
the exemptions We also have bond issue approximatng
$3O0OOOOOO If tariff revision is await the report of the Demo
cratic tariff commission appointed by President Wilson, the revision
will report the partisan and perunctoy char
acte or await investigation requiring from four to
years Industrial America should tolerate such delay We must
degree commercially prepared before peace Europe
established and for the Republicans undertake that
preparation They the best their command and
people understanding their position will applaud their action II
the Democrats defeat this or if President Wilson veoe it.
will know what action take in 1915 when the fight for
the control of the 66th Congress is
Tgchemc schedule should be amended by the adoption of the
committee the American Chemical Society," and which with
approval the hearings the bill testify The Demo-
cratic dyesu bill is unsatisfactory to all concerned II does not
take peace established The interim between the de-
caran general armstce and the signing of treaty will
give Germany opportunity dump such quantities of dyestufs
market that industry will die aborng The Hill
substitutes should be made effective on its passage
The tariff board report of 1912 and the experience of the past
years should make possible fairly satisfactory ovcrhaung
Of the cotton schedule The cassicaOns and wool
by Senator Smoo substitute for the Underwood
would probably give satisfaction while the rates wool manuac
carried the Payne substitute would take of
facurer until such time general Republican revision could be
undertaken The huge increases imports agricultural products
under the present law make imperative the restoration of the Repu
lcan and in instances perhaps higher rates to protect
agrcuursts from the streams of these products which will shit
toward when peace declared European trade pacs and the
determinations which be shown against certain American goods
after the make the retention of the and
clause of the 1909 law imperative and andumpng law should
be incorporated in the BILL Because of the mposby of prov
ing intent of foreign competitors break down the American
k the Democratic antidumpng law farce The administrative
features of the 1909 law the best drafted should be
retained.