Evening star., 1919-03-09

VIII be sharp upward bend given
to the import duties by the next Con-
gress:
Rates in Tariff Bills.
The Mckinley bill enacted In 1880
carried ad vaiorem rates, in round
numbers. IS per cent.
The Wilson bill, enacted in 1894.
carried 81 per cent ad valorem.
The Dingiey bill in 1897 carried
26 1-2 per cent
The Payne tariff rate OF 1909 car
ried IS 1-2 per cent--a fiat 25 per cent
reduction below the rates in the Ding
ley tariff law.
At the present time the ad ralorem
rates under the Underwood law. en-
acted in 1878. is about s per cent
the same as the Chinese tariff rates.
China is today trying to break her
treaty with Great Britain and raise
the rates.
The 5 per cent ad valorenl now IN
effect is adpittedly too srnaiI--how
much it will be increased is, of course.
all guesswork now. but those have
been in close touch with the problem
say it probably will not be increased
as high as 20 per cent.
Last year the revenue collected by
the United States on imports was si-7o
per capita, based on population, While
that of Great Britain. the great free
trade country, was s1o.25 per capita,
MIR. Fordhey points out. These rates
are in effect at the present time in
Great Britain.
After the war conditions will be
such, Mr.. Fordney believes, that many
OF our industries viii need protection
against the great flood of imports Of
fered TO US by European countries.
which viii be, exceedingly hungry for
foreign trade. We have many indus
tries that sprung up under war condi-
tions, and these, without greater pro-
lection than that given under existing
law, must discontinue, he says.
Exports Small Factor.
In showing the necessity for pro-
tecting the home markets by a pro-
tecting tariff, Mr.. Fordney calls at
tention 10 the fact that during nor
NAL times for many years prior TO the
war the total annual exports from the
United States were, in round numbers,
but per cent of the total production.
both of manufactured and agricultural
products. Therefore. he Believes thai
the best market in the world for
United States products is with our
own people. az am not in favor of
chasing rainbows around the world to
find q market for our surplus. il
amount to about per cent, and at the
same time neglect our best market
our home market" he says, "and open
us, made by the cheap labor OF the
world, to the detriment OF our own
laboring people"
While the amount OF money that
will be raised in the new internal rev.
enue law just passed viii be very
large, and, in fact, a heavy burden on
the taxpayers Of the country for the
Fordney says that law will not raise
enough money to meet the expenses
Of the government. The annual inter-
est account will be from sI,2so,0oe.0oo
to $500, ,0eo, 900, and other govern
mental expenses added. depending on
the amount of expense for the Army.
Navy, etc. He estimates. from facts
presented to him during hearings.
that it will require $1,000, 100000 in
taxes annually to run this govern
ment.
a
The income has to be brought up TO
more than $4,000 100000, while the
amount raised last year from imports
was only slI0. 600. 900. mere bagateIle
In comparison.
aDyestuffs as an Example.
The dyestufr industry is a good ex-
ample of what Mr.. Fofdney means by
giving protection to encourage, develop
ment of domestic production. This 10
an infant domestic industry. esseuti-
ally war-born.
Before the war the American con-
sumption Of dyestuffs annually was
about $1,000. 900. There wss pro-
duced in the world about $ioo,eOe..
600 Annually. of dyestuns, Seventy
ave per cent Of these were made is
Germany, and che psr1e1tsatly.. ~
EnsthodA psuveueeas snnA
Inansesy from - No ,t1e4 =
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