The midland journal. (Rising Sun, Md.) 1885-1947, 1921-07-08
new TARIFF BILL
BEFORE HOUSE
Expected to Raise Revenue OF
Seven Hundred Millions
RECIPROCAL AGREEMENTS
Machinery Set Up For Three-Year
Control Of Dye Industry-Pro-
lection OF Infant In
dustries.

washington. - Inc FOrQney per-
manent tariff bill was introduced in
the House of Representative and for
the first time was made public.
No explanatory statements accom-.
panied the introduction of the meas
ure, as heretofore has been customary,
and no official estimate was made OF
the revenue it is expected to return.
Unofficial estimates by members of
the Ways and Means Committee, how
ever, placed the expected return as
high as $7OO,OO0,0O0 year. The Payne
Aldrich law in the normal pre-war
years produced little more than
$300,OO0,000 year.
Examination of the bill, which COW
ers 346 printed pages, shows that in
some cases the rates proposed are
higher than corresponding rates of
the Payne-Aldrich law, while others
are correspondingly lower.
An estimate of how the whole bill
compares with the Payne-Aldrich
law would only be possible by tariff
experts making a detailed study, be-
cause the schedules of the new bill
are in many cases not framed on
parallel lines with the schedules of
the Payne Law, but are differently con-
structed.
In comparison with the Underwood
Tariff Law of the Wilson Administra-
ton the new bill removes many ar.
ticles from the free list, although it
leaves large list free Of duty, inc'ud-
ing print paper, wood pulp, leather and
harness and agricultural implements.
1t raises the duties on the great bulk
of imports already being taxed. 1t
has made no notable additions to the
free list.
Comparison of the wool schedule
with Schedule K of the Payne-Aldrich
bill over which bitter fight was
waged in Congress showed material
reductions in a number of instances.
The bill sets up machinery for a
three-year control of dye importations
and full power to supervise the i'm
portations is placed in the Tariff Com
mission, to which also is transferred
from the Treasury the staff now doing
that work and for the continuation of
which the bill appropriates 100000
for the next u months.
Provision is made for the classified
ton by the Commission of all prod
ucts covered by the restrictions, di
viding them so that products of the
so-called infant plants will be given
certain advantages over those OBJ
tainable on equal terms here or in
foreign countries. 1t is specified that
not more than six-month supply
of any commodity not obtainable here
equally with that of foreign origin
can be held by one firm or individual
AS means of guarding the Amer
lean dye industry from the inroads
of foreign competition, a system OF
licensing is created through which
the Tariff Commission is enabled to
check the movement of every i'm
ported shipment, as well as the pro
duction of the American plants. All
handlers of dyestuffs must be reg
istered with the Commission, which
Is empowered at any time to call fol
their books and records.
A provision was put into the bill
which continues existing laws in re
gard to Cuban reciprocity.
Administrative provisions of the bill
authorize the President to take steps
- do mi G
with any foreign country at any time
that such action may be deemed o.
interest to the United States. The
President also is authorized to suspend
any provisions of the bill in ordel
to increase the duties to equal the
amount Of bounties or grants be
slowed by any foreign government OF
exports by it's nationals to the United
States.
With respect to the making of re
ciprocal trade agreements, the bill
limits such negotiations to the mex
three years and the term of the treat.
to five years from the date of it's rati
fication.
The Dill widely extends the power
of the Tariff Commission, clothing
with authority to make investiga
tons of the activities and trade prao
tees of importers and to examin
records of foreign manufacturers AM
exporters to this country.
The administrative sections also in
troduce the American valuation plan o
assessing duties. 1t is specified tina
the value of imports always shall b
the same as the prevailing prices il
the principal markets of the Unite
States and not the price of the pull
chaser in foreign countries.
KILLS HER SLEEPING HUSBAND
II