Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1921-06-30
TARIFF PROTECTS
PENNA. INDUSTRIES

Washington, June 30.---No industry
in Pennsylvania has been denied in the
new Tariff Bill introduced in the House
all the protection demanded to present
industrial conditions, according to
Henry w. Watson. the Pennsylvania
member of the Ways and Means Com
mittee.
The duty on oil was provided in a
last minute change in committee, after
n motion by Mr.. Watson effected the
break of a deadlock A majority OF
one decided the issue.
"The committee decided only today
to place a duty on oil, said Mr.. Wat
son. last night. II favored this by
reason of the fact that thousands of
small wells In Western Pennsylvania
would close down unless afforded come
protection from the immense imports OF
oil from Mexico. The bill contains no
compensatory duty on gasoline.
Guard Textile Industries
Mr.. Watson said that the duties Of
the chemical and textile schedules
would be satisfactory TO the Pennsyl-
vania manufacturers.
The wool schedule. which has long
been Of greatest interest in Pennsyl-
vania, is about on the same basis in
so far MS customs returns are concerned
as under the provisions of the Payne
Aldrich act. The notable difference,
however. is that the initial duty Is on
the basis Of twenty FIVE cents per pound
Of clean fiber contents. There are com
pensatory duties established to cover the
various phases Of manufacturing ad-
vance.
In some instances this will bring
about heavier duties than we're imposed
/ H.. =.
while In others the degree OF protec-
ton will not be so great. But on the
whole, the wool schedule is thought to
| be satisfactory TO the manufacturing in
terests Of the country.
Aid for Infant Industries
An important feature of the new bill,
Mr.. Watson said. related to the protec >
ton of industries that had been started
or developed during the war. An in
+ stance Is that Of magnesite, use In the
manufacture Of tools and other hard
steel products.
Before the war this article was i'm.
ported. Brazil supplying the larger
iron and steel plants Of Pennsylvania
During the war and with the exclusion
Of the foreign product magnesite was
produced for the first time In large
| quantities in some of the Western States
and has since become an industry OF
| Importance TO the steel trade. 1t was
taken from the free list and duty OF
ono half cent per pound imposed.
There are a number of outstanding
administrative features in the bill.
The first of these is the extension OF
wide latitude in power to the President
TO enter into reciprocal trade treaties
with other Nations. in which event he
is empowered to either lower or increase
the tariff rates provided for in the bill
on goods imported from the country in
question.
Establishes American Valuations
The second is the establishment Of a
system Of American valuations In the
assessment of tariff duties.
The third is the extension of addi :
tional powers 10 the Federal Tariff
Commission and extending the scope Of
its work and authority.
The fourth is the method Of handlinu
the dyestuffs situations by continuing
an embargo. such as now in effect for 0
period of three years. and limiting i'm
ports to six month supply basis, In
order that the war born American in :