Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1921-09-14

this country-to the great pro-
ducers of the necessities of life. ]
voted for that bill-was willing to
do anything that would ameliorate
in any manner the condition of this
great depressed industry. ! real
ICED also that the people in that
industry would not be benefited to
the extent which they thought but ]
was willing to grant any measure
which even promised relief. There
are times when a physician comes
into the household. He knows there
are patients there who are i'll and
does not know what the trouble is.
He knows the patients wants medi-
cine. He knows he must give The
patient medicine of some sort, so
he gives them bread pills. And
this emergency tariff bill, in a large
measure, ia nothing but a dose of
bread pills, How could 1t be other
wise as to the tariff on wheat? We
export one-third of the wheat
which We produce. Would we ex-
port that wheat unless the price
over there in the other country
was not only as great as the price
in this country, but equaled the
price in this country plus the cost
of transportation? If it wasn't that
high We wouldn't send the wheat
there. We would sell it at home if
there was a home market for it.
ask you how this tariff in its last
analysis could actually benefit the
great wheat growers? The same is
true of the meat producers of the
country, the cotton producers. the
corn produeers-in fact everything
of which this country produces a
surplus, or surplus of any appre-
ciable amount. We would put
tariff upon wool. and that is one
commodity which ought to be benz
Gifted by q tariff. We produce In
this country In ordinary times only
one-haif of the wool which we con-
sumo, We have to import the other
half. Now if We put tax upon
the other half. If the laws of trade
are permitted to operate, the peo-
pie in this country could hold their
price up to the foreign price plus
tax and in that way increase the
price Of the whole production. We
had such a measure in the Pcyne-
Aldrich bill. The amount of the
tax upon the importation of wool
was stated at III cents per pound
for wool in the, grease; SO cents for
secured wool, it being generally
supposed that 1t took three pounds
of wool in the grease to make one
pound of secured wool, and so the
tariff was 3S cents. But / wantto
remind you that in our first state
campaign that question of tariff on
wool became an issue and one OF
the most prominent republicans in
this state, one of the men who had
been dealing in wool as his business
for more than twenty-five years,
made statement to the people of
New Mexico that that tariff upon
wool had been used as shell game
to fleece the producers OF wool and
to benefit the manufacturers of
wool, and while there are very few
purchasers of wool in the United
States, there are comparatively few
concerns purchasing wool in any
large quantity, and what is to pre-
vent them from controlling that
price? At any rate. notwithstand-
ing that tariff of II cents per
pound for wool in the grease, under
the Payne-Aldrich bill, for the six
teen years 1t was in force the price
OF wool in London, the great free
mart of the world, and the price of
wool I'm Boston was practically the
same. | think ] demonstrated in
discussion of that subject that
while we had this tariff and while
the producers of wool ought to
have some benefit from 1t. yet as
a matter of fact they received little
If any benefit from it.
Joker in Bill.
But now what do they do in this
bill? They don't even go as high
as the -Aldrich bill. They
put tariff of rs cents upon
secured wool which amounts to
only 5 Ia cents upon wool in the
grease, and then there Is this joker
in it: provided that this tariff
shall not exceed 35 per cent of the
domestic price" What does that
mean? At present the wool in
New Mexico Is only bringing about
l6 cents per pound less the freight
and the other charges, and when
you apply this tariff to that price
you have a good deal less than 20
cents per secured pound. But my
friends let us consider whether
they really intended to pass this
legislation for the benefit Of the
wool grower, In this bill 1t is fur
Their provided that as to the manu-
60 "a, fhnra shall IN n
competitive tariff, that mounts
higher than the duty which Is per-
mitted to the producer Of the wool
and in addition to that a great ad
valorem duty placed upon the man
ufactured product much in excess
of the tariff given to the producers
of wool. i want to read to you to-
night republican statement upon
that subject. I want you to know
what some other people think of
this. and to quote to you my re-
publican authority. / want to tell
you what has been said in the
United States senate by one of the
republican wool growers of that
body, a man who at one time was
president of the American Wool
Growers association, Senator
Gooding of Idaho, On July 2Sth
and 29th Senator Gooding made a
speech in the United States senate
in which he stated what l shall
read to you.
Quotes Gooding.
"Mr. President. when the emer-
gency tariff bill was passed ! was
hopeful that the republican party
had come to a sense Of realization
of the importance of the agricul-
tural and livestock industries of
the country. l felt sure that in the
new tariff bill the great livestock
industry would be given fair con-
sideration, but after hard fight
to secure square deal find upon
examination of the Fordney bill
that 1t is the most dangerous meas
ure ever passed by any party in the
house of representatives toward
the livestock industry. and IL 1t is
enacted into law without amend
ments some branches of the indus
try will be destroyed"
Again he said:
"It was President Taft who said
schedule X was indefensible, and
there is no doubt about the truth
of that statement, for IL any man