Every evening, Wilmington daily commercial., 1921-04-25
KNOX TO AID MOVE
TO PUT EMBARGO ON
GERMAN DYE STUFFS
Will Send Letter to Senate Com
mittee if He Cannot Appear
i'm Person.
BUSINESS TO BE CARED FOR

Special Dispatch From Every Evenings
Washington Correspondent
Washington. April Ex-senator Knox
Of Pennsylvania. who led the fight in
the last Senate to get through bill
which in effect placed an embargo on
the importation of dye stuffs. will pre-
sent to the Senate finance committee,
today. the serious situation facing the
dvc industry in the United States If
the peace resolution is adopted without
legislation to prevent dyes being dump
cd into these markets
Senator Knox said this morning that
nc may not be able to go before tho
committee. for the ason that the for
cicn relations committee begins con
sidcration Of his resolution to declare
war with Germany at an end. II time
does not permit him to appear I'm per-
son he will send a letter requesting
action in the pending emergency tariff
hill to protect the American industry
from dye-dumping from Germany and
othcT countries.
MIR Knox said that there was no ne
cessity for permanent action. as the
dive industry will be taken care Of ny
tarifr and a modified licensing system
in the permanent Tariff bill now being
prepared by the ways and means COM
mittee
IAN that think h necessary is some
xtop-gap legislation and this must be
done by resolution or by an inclusion
in the Emergency Tariff bfTi.'' he said.
The minute war with Germany comes
20 an end the functions Of the War
Trade Board which now controls the
importation of dyes ends What
wish to impress upon the finance com
mfttee is the desirability of continuing
nd yNfa
ing il under the treasury until the per
manent tariff law becomes operative and
dvestuffs arc fully protected
no YOU anticipate any objection to
such legislation ." he was asked.
Il cannot see that there will he any
objection AZ all The legislation ! pro-
pose is 10 be temporary he said. "Ali
Republicans want to protect the infant
dive industry and since adequate pro
tection will be forthcoming in the per
rnanent n, I am sure that Congress
win readily agree to continuing the
function Of the War Trade Board"
Senator Knox said that Il may he
necessary to pass an Independent reSo-
luton TO accomplish this. il the tempo
rary tariff bill is not passed promptly
IN other words. the minute war with
Germany is declared at an end. Ger
many Switzerland and even England
can food this market with dyes. At
present the War Trade Board limits
tho amount OF dyes that can be shipped
here and allows only those dyes not
manufactured here or made in sufficient
qua antities tn enter the country. Mr..
Knox viii ask that the life Of the War
Trade Board shlal be continued six
months. or INT the permanent tariff
Incomes effective
Exchange Equalization.
The Senate Finance committee start
ed today. after heari gnonaroeStb. .vI'o %
ed today. after hearing Senator Knox 8
contention. to tearing in pieces the ex-
change equalization and anti-dumpinE
provisions Of the Emergency Tariff hill
as passed <' the House. The commit
tee met in executive session when n
number Of customs and legal experts
presented arguments against the ex-
change valuation section
II is quite probable that the exchange
equalization provision. limiting depre-
citation Of foreign currencies to Sc %
per cent below normal in assessing
import duties will be eliminated from
the bill entirely In any event IL will
he amended materially The anti
dumping provision probably viii be
not be required to investigate 70 de-
termine whether dumping is being
practicd except in the case Of such
commodities as may be designated by
the Secretary Of the Treasury The
anti-dumping provisions will be almost
entirely rewritten.
The duties imposed on agricultural
products in the House bill viii be un-
hanged.
Republican members of the finance
committee, in stating that the exchange
equalization provision either must be
eliminated entirely or changed radically
express their establishment that state
naentS were made on the floor Of the
House by Republican members OF the
ways and means committee which have
been completely contradicted by wit
nesses during the last week.
These statements were 10 the effect
that under the proposed scheme o1
limiting depreciation in currency values
duties on imports would still he lower
thar was intended by the trainers ot
the present Underwood act. the asser-
tion having been made that as a re
suit of the depreciation in foreign cur
rcncies lower duties have been posi-
BILE
Witnesses before the Senate finance
committee have presented evidence II
show that the government has not los
any revenue through the depreciation
in foreign currencies. and that increases
in cost abroad have offset the depre
citation in currency value. The actua
cost Of foreign goods TO the importer
and the amount Of duty paid. il wa.
shown. have been actually greater il
American dollars than before the war
In view Of this situation. opponent
of the exchange equalization schem,
contend that any regulation of exchang
applying to certain countries. and no
70 others. will be a discrimination
against them and give a tremendous ad
vantage TO such countries as Japan
whose currency value has not depre
ciated to any extent
CofE WOuansS n~a