The Little River news., 1921-05-07
FLOODS OF FOREIGN
 GOODS GOHaEMG HERE
American Manufacturers Are Being UndersOld and Become Alarmed.
 German Products Here.

Washington, May That the anti dumping provision of the emergency tariff bill will not halt the present underselling of American products by foreign products ill American markets was admitted by Senator McCumber of North Dakota, ranking Republican member of the Finance Committee, in opening the debate on the measure in the Senate today.
 This under-selling will continue in increasing volume until American pri- ces fall and American wages are low cred or until the tariff on the compet- ing foreign products is raised. Such protection will be afforded agricultur- al products by the emergency tariff bill and other products, it is contem- plated, by the permanent tariff law to be enacted several months hence
 The anti-dumping section provides an additional duty to be assessed on foreign goods dumped on American markets at prices below the home market value. It will be ineffective because no foreign goods are being dumped in America and will not be until conditions radically change.
 Foreign goods are not being dump ed here because it is not necessary to do so.
 AOon1,ip1O pricac ara cn uI1cb hi 0h- CT than foreign prices that the for ai2n goods can be sold in the United States for more than they would have brought at home and still under sell American competitors. With the foreign goods sold here at prices no less than the home market value the provision of the anti-dump1ng sec tion will not apply to such imports.
 German Products Arriving.
 German products are reaching American markets in volume, rapidly approaching the pre-war figure, and American industries are alarmed by fears of the effort of German com- petition, but the protection sought can be afforded only by the permanent tar if legislation. )
 "I think every man in the Senate realizes the condition of the indus tries throughout the United States at the present time," said Senator Me- Cumber. While we have recognized that industries in every line were suf- fering from the reaction after the war, it was we'll known that the agricul- tural industry was suffering more than any other. While the farmers pro- ducts had gone down from one-third to one-half in price, everything the far mer had to purchase remained at the old price.
 "'I regret that the House saw fit to attach to what was pureYy an em ergency tariff proposition other pro visions relating to anti-dumping and a new method for determining values of foreign currency, thereby injecting into this discussion new propositions.
 "I regret that the ant1-dump1ng provision was attached because I can see no reason for it. In all the hear ings we had before the Senate Fi- nance Committee there was no show ing as to any dumping. Certainly there is no danger of the dumping of agricultural products. There is little danger of the dumping of manufac- tured articles, because prices in this country are so much higher than any, where else in the world, and it is not necessary for foreign manufa cturers, in order to sell their products here, to dump their goods at prices below their own.
 But the committee considered it was better to take the matter as it came from the House and to make such changes as necessary without striking out these provisions entire ly. I can see no harm that can come from the anti-dumping provisions even if they are of not particular use. I do not object to their inclusion for this reason.
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