The Washington herald., 1921-05-05
AlST1-DUhPlNC
Law NOBAR TO
FOREICNGOODS
UnderseIIing win Z ee p
On Until Prices Fall,
Says McC Climber.
PROTECTION AWAITS
PERMANENT TARIFF
Senator Regrets House e
Addition to Emergency
Measure.


That the anti-dumping provision
of the emergency tariff bill will not
halt the present underselling OF
American products in American
markets was admitted by Senator
Mecumber, of North Dakota, rank
ing Rspublican member of the FL
nance Committee, in opening the
debate on the measure in the Sen
ate yesterday.
This underselling will continue
In inereasing volume until Ameri-
can prices fall and American wages
are lowered, or until the tarin on
the competing foreign products Is
raised. Such protection will be az
forded agricultural products by the
emergency tariff bill. and otner
products, permanent it Is con-
templated. by the permanent tarin
law TO be enacted several months
hence
No Dumping Expected.
The anti-dumpfng section pro-
xides an additional duty to be as
.essed on foreign goods dumped on
American markets at prices DeiO"
az. home market value. 1t Will De
ineffective because there are no .o
.irn goods being dumped IN amer
scs and will not be until conditions
J radically change
Es-a;-n goods are not being
- sr,,ned here because il Is not nee
essary to do So American pricS
are 40 much higher than forelsn
,>-iess that the foreign goods can
\. sold IN the United states 1oo,e
lhor,e market prices and still unaer-
! -sII American competitors WIZ
Ith. foreien goods sold here AZ
] ario.s no less than the home mar
lket value the provision OF the anu
aumpfng section will not Apply ~
G.,rsn products are reachint
A,sr,can markets in volume rap,
t3sIy approaching the prewar ngur'
i.nS AMERICAN Industries are alaI m
- bv fears of the effect OF Ger
,n,n competition, but the protee'
,ion sought can be afforded oni'
NV IN. permanent tariff legislation
ArrteuIture suffers Most.
ct think every man in the sen
,.,a reaIixes the condition of tht
5ndpstries throughout the United
States At the present time" said
senator McCumber. while we haV'
reroanIxed that Industries in ever'
line were suffering from the re,
action after the war, II was Nei
Enoun that the agricultural in
dustry was suffering more than any
other. While the farmers pfooue
had gone down from one-third u
onc-hslf in price, yet everything
that the farmer had to purcnas'
remained at the old price
II regret that the House saw n
10 attach to what was purely ar
emergency tariff proposition Other
provisions relating to anti-dumplns
and a new method for determining
values of foreign currency. thereby
injecting into this discussion new
propositions
II regret that the anti-dumping
proyision was attached, because
see NO occasion for 1t. In all the
hearings we had before the Sen
Ate Finance Committee there was
no showing as to any dumping.
Certainly there Is no danger of the
dumping of agricultural products
Prices Higher I'm U. s.
There Is little danger of the
dumping of manufactured articles
because prices in this country are
SO much higher than anywhere else
in the world that 1t Is not necessary
for foreign manufacturers, in order
TO sell their products here. to dump
their goods at prices below their
ewn.
But the committee considered it
was better to take the matter as II
came from the House and make
such changes as were necessary
without striking out these provis-
ions entirely. I can see no harm
that can come from the anti-dump-
ing provisions even IL they are, of
no particular use. ] do not object
20 their inclusion for this reason"
Senator King. of Utah. Democrat.
asked Senator McCumber IL IL were
not a fact that the anti-dumping
provisions are "a fraud upon the
public and a pretense from which
no benefit will be derived whatever" /"
Replies to Criticisms.
Senator Mccumber replied that
that was not his opinion.
isn't IL possible" continued Sena-
tor King. "for this anti-dumping
provision to be so administered as
to perpetuate' monopoly In the
United States. or permit manufac-
turers in the United States to per-
petuate present prices."
Il do not think that is possible" /"
replied Senator McCumber.
The theory of this anti-dumpinz
provision" went on Senator King,
"ss. we'll as all provisions of this
bill Is to restrain the fall of prices,
Is II notf''
No. replied Senator McCumber,
the purpose is to prevent foreign
producers from dumping their goods
In the United States at less than
cost for the purpose of destroying
=