Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1921-07-06
TARIFF ISSUE
BEFORE HOUSE
WITH FIGHT ON
Democrats Trying to Force
Peace Legislation Ahead Of
FOrdney Measure.
PASSAGE IN TWO WEEKS?

WAS61NGION, july b.-Ine CaT1m
battle was opened in the House to-
day when the report on the Ford
ney bill was formally presented.
The report blames industrial de.
preston on the present low Demo
cratic tariff and urges the Fordney
bill as a corrective measure.
White House leaders were hoping to
have the Fordney tariff bill passed in two
weeks, some Republicans were threaten,
ing to join the Democratic opposition and
others were reviving the attempt to have
peace legislation put ahead of the tariff.
The Democratic minority report also
was expected to come In.
Republicans will caucus on the tariff
tonight.
Representative Frear, Wisconsin, one OF
the Republican members OF the House
ways and means committee already has
made public minority report Of his own
attacking particularly the dye schedules
> in the tariff bill.
Frear charged that the dye tariff
would aid a trust which he said has
been given a practical monopoly by an
embargo on dye stuff IMPORTS He also
| charged that Francis P. Garvan, for
mer alien property custodian, sold
valuable dye formulas, which were
seized, to a company Of which Garvan Ia
| president.
COHPETITIOS~LS
AGAIN FELT.
with the ending Of the war aud the
resumption of production in Europe,
foreign competition is once more being
keenly felt" the majority report says.
Industry ard trade in the United
States is at a low ebb. This industrial
depression is the inevitable result Of the
offering of foreign goods upon the Amer
lean market at less than the American
cost Of production"
Prediction was made that the duties
on farm products as carried in the bin
would become "the magma charta" isfor
| the perpetuation Of American stang rds
Of living and be the constitution Of uni
form and universal prosperity.
This is an au-American tariff on a
normal basis,' the report says. when
the farmer needs the protection of the
tariff his need is very serious. The best
service a protective tariff can render the
farmer is, first, TO effect a sterilization
! of his industry and Of the prices ref eived
/ for his products so far as legislah n can
/ accomplish this and to secure a steady,
/ normal and reasonable return rather than
/ to have periods of high prices followed
/ by periods of acute distress, similar to
! that through which we are now passing
and by food of imports Of competition
products produced at a much lower cost
! than our growers can produce then. and
/ second keep down the prices of the things.
/ he buys"
Regarding wood pulp anw newsprint,
the report says:
! The paper schedule removes from the
dutiable list wood pulp of all kinds and
standard newspIint. The American con-
sumption both Of pulp and standard
newspaper newsprint is greatly in ex-
cess of our production. 1t is therefore
logical in the interests of conservat ton
and suitable supply that these articles
should be upon the free list. Sufficient
authority is given the President to pro-
tect American interests should any dis
elimination be shown against US by for
eign nations"
WOULD RELIEVE
BUSINESS DEPRESSION.
The Republicans claimed that the en-
actment of the bill would do much to
relieve the present depression.
Rates of duties are proposed, the re-
port states, (which will permit the prod
ucts of American labor to compete with
foreign goods in the American market
without sacrificing the standards of liv-
ing"
Taking up the schedules in detaiI,\the
report says the average rate on chemical
oil aud paints is % per cent ad valorem
The embargo on dye stuffs which can
now be made in this country is justified
on the ground that the development of
| the dye industry is necessary to national
defense.
The report says utterly unscrupulous
as the German syndicate was before the
war when its supremacy was uncontested,
practiclng ruthiessly every form Of cor
rupt and unfair competition known to
commerce. it is inevitable that in the all
most immediate future when instead Of
safe supremacy it faces possible destruc-
ton, it will attack all competitors with
| reckless disregard of business decency.
THAT attack inevitably will be con-
centrated upon us"