The evening herald. [volume] (Albuquerque, New Mexico) 1914-1922, 1921-07-24

first adopted most imported wool
had n shrinkngu OF SO 2-a per cen
aud the ii-cent grease duty was
practically equivalent to The imposed
duty OF 80 cents per pound ON wool
arriving In the secured state. with
the production Of lighter shrinkage
woods In some countries ana with
the practice Of removing the heavier
parts of f%lceceA. II was found pos
sible TO bring In for II rents con
aiderably more than the o%ne-third of
a pound of actual wool as originally
contemplated.
The ways aud means committee
finally decided that In their new bill.
Schedule TX" should recognize the
clean content OF leyylng a duty upon
wool. Despite the insistenco OF the
growers. n rate OF 20 cents per ciran
pound of WOO was inserted.
Limiting the 25~Ccnt DUTY.
Probably there VIII always be ar
gumeuts over the relative value OF
specific duties and ad Vnlorem du-
ties. The importer argues for an ad
vnlorom duty because OF It's n"Xibil-
ity and adjustment To changing val
ues. The treasury, however, ~ un
able to forecast the moun Of duty
that can be- collected from "A COM
modify Of which II ~ possible to fore
tell the amount Of imports hut OF
I W men lnf NhAAf hhlllAhN ne fNAAitAAA'hH
TN the other hand a specific duty
Of SO many cents per pound shows
definitely the amount of revenue To
be- derived from an avcrag" volume
Of Imports The wool growers also
cuutended that when values were
high the fixed duty would be- lower
In proportion and thus facilitate Inn
ports without burdening the con
sumner with higher duties as must
occur In the case Of an ad valorem
ate. with woods on a lower basis
the fixed duty gives higher rate Of
protection when the grower most
needs II and when the consumer can
best pay his share.
The advanced position ~ the COM
mitteo was largely untitled, when, In
the final draft OF the bill Il was pro
yldsd. IN paragraph liO2, that In no
case should the amount NJ duty col
l'ctrd "Nc"cd 30 per cent 81 tho
American value
II appears that this %retractiou may
have been In part e result of UNJUST
fled press statements that III" 1903
rates were 90 be- increased through
the operation ot the 25-orut cirnu
wool duty. The tariff commission
ttates that the average shrlnknEe OF
Imported Australian and South Amer
lean woods b. IS per cent. ~ wis
rat, % pounds Of wool under the
I hlu NNHNfIN NNNA - WINS AhNh ~ -
cents per clean pound When con
s]id.rntluu is given To the volum" ot
heavy south African woods shrinking
over ~ per cent Il is very plain y a
the first proposal of the committee
wla hv no means an advance over
me rates of ten years ago, but that,
ON the other hand. b. h. r. modern.
scientific schedule. just to Wunutac
tuners and and afturding
% minimum ut effective Hid 10 tne
growing Interests
Under the provisions Of the bill In
itz present t,rm the importer Of
+ finer woods Of light shriukagc would
I pay q duty ct 20 cents. ON fancicr
! lines valued In The n,ighborhoo,i ct
tyl per pound this would amount to
20 per cent In the cas-" Of Cunrser
grades the clean value. iu this roun-
b. trN. Won now run from 30 Is 20
b cents In such q cas-" 10 2"-c"ni
dutv would b" more than 30 per cent
NJ the value aud an amount equal a.
30 per cent would bo collected Take
d oven the ease ct ooar-" woods worth
80 cents clean. Thvlr duty would h,
4 only - cents. similar woods grown
d here shrink 90 per cent or NOR"
win the high price Of 40 cents and
70 the low shriukago Of 30 per cent, IN,
protection to the American WOO
y grower Of such wool Is seven cents
with more typical value and shrink
. age 1t would be aH low A. four or fiv,
cents n this applies 10 She type
( OF woods that must largely hc pro
% dur,d N meat production ~ tn 10
5 given iis proper place In our range
I sheep economy.
10 Mixed Duties Don't Work.
. \ combination Of specific and al
! lNalorcm duties cannot do Justice
r The specific duty ON secured Contenl
" d. alone dofcu-iblr and should T.,
placed at IL fair figure, independent
a nf restrictions based upon IN" uppo
' site unfair method Tn" matter |,
now out uf the hands Of the way
y aud means committee -nd before th'
q house Of representatives. tudlNiduH
appeals 20 over -four hundred oon'
Fressm"n should be mad" from THEFT
constituents. The National Woo
Growers association has advised
congressman II the in~HdrQuat.nesi
I NJ the schedule" In the present form
Further argument viii b." made be
fore the funnr" committee 81 thu
senate should the schedule D" sent Il
= the upper housH In it's present insult
= able form.
The clean content duty is the onl!
/ fair ana proper form 81 projection
for wool ItE recognition Is a diHtiuc
step In advance. Every effort viii b.
, mad" To place the figure at a nor,
. hitlllllt level hht ilkn' now " .
necessary tu see that the gruau,
+" rainrd is not surrendered by %rtstric
ton In terms OF an unavoidable HtNl,
OF duty.
10 Ia the early stages Of the framinr
Of the bill u WAS objected by Huml
be- that estimates Of ~shTlukuEr az thi
port 81 entry could not b. made b
"a satisfactory hy custom of
Il lyillH. u was shown that since mos
I. 81 the trade In woods Be- done upol
the basis ~ estimated Yields. no ren
obstacle existed The present hybri,
plan. however In addition to rvquir
90 ms an ostiWut" uf yield also require
the checking Of the claimed Nalua
n ton, thereby opening up wide IAN
gers o. deceit.
h IN" third major objection 10 IN.
30 per cent maximum duty b. fuunO
n lu it's being wholly inhpplicuhl" II
amy system Of adjusting compeusi
tory duties ON manufactured goods
I In IN" schedule. us at present writ
r ten. the following rates appear. a
routrastod with the correspondent
lrates carried In the Underwood bill