Arizona republican., 1921-02-14

What I have said about wool ap- plies with equal force to the duty of 2B cents per pound on fresh mutton { and lamb The bureau of markets states that there is now over 4S,OO0.- 900 pounds of mutton in cold storage in this country, four times as much as a year ago, with 600,000 more carcasseS | of Australian sheep on the water en route here. Until this mutton is con sumed together with the ordinary sup ply of American origin, is it reasonable to suppose that the mere enactment ol this bill will materially increase prices
 I do not see how the American meat packers can possibly lose anything by the passage of this bill Whatever quantity of frozen mutton and lamb they now have on hand is here in ad- vance of the proposed tariff and the way remains open for fresh beef 10 continue to come from the great pack ing plants which they control in the Argentine. The duty of 30 per cent ad valorem on live cattle will be of no benefit to the stocNmen of the South west Our total importations of cat tie from Mexico during the last fiscal year was s2.700 head, and no one will say that so small a number could ap- preciably affect the price of the 60,- 00o, 900 cattle now in the United states. The only way that our stock raisers could be helped is by cutting off the supply of fresh beef, of which 42,4o6,- 332 pounds was imported last year. Apparently the influence of the pack CTS was strong enough with those in control of this congress to keep fresh beef and all meat products on the free list, so that this bill promises no relief to American cattle raisers. Its only effect will be to cause serious lSsses to American buyers who have con | tra fod lTaxinan n raSt0Ck their ranges, and to goad the Mexicans | into retaliatory measures at time
 when their commercial relations with the United States are beginning to at
 tain friendly and mutually profitable basis.
 l I have discussed the proposed tariff
 on long staple cotton and have shown
 it's futility. In my judgment, the quickest way to create a market for
 long staple cotton is to move out of
 this country the surplus of short staple
 cotton, which is drugging the market. That is why I cheerfully voted to re- habilitate the War Finance Corpora
 ton, which trust will be the means of
 establishing credits in this country for
 European manufacturers who greatly
 need our cotton, but can not purchase it with depreciated paper money Either half of the cotton grown in the United States must be sold abroad or the acreage planted to that crop must be cut in two. By no other means can lcotton growing be placed on a sound and profitable basis.
 Notwithstanding all these objections and even though it will probably never
 become law. shall vote for this bill
 Large numbers of the people whom I
 have the honor to represent are at
 the present moment in such a woeful
 financial condition that my sympathy
 for them will permit me to adopt no
 other course. The United States is
 now a creditor nation, and no nation
 so situated will find it advantageous
 to long maintain a high tariff wall,
 which serves to keep out the commo- ldities sent from abroad to pay debts I that are due. A temporary embargo lor tariff equivalent to that can be Justified as an emergency relief measure, but no permanent cure for our economic ills can be found by adopting protection as a fixed general
 policy. In casting this vote I want it distinctly understood that I am not bound thereby to support any of the
 high tariff bills which will be pre- scented to this House in the next Con- lgress. I hope and believe that the market prices of live stock and farm } products are now dragging the bot 1 tom. There are millions of people ) to be fed and clothed who can not much longer delay making their pur- 5 chases. When the upward swing 5 comes we can legislate with better f judgment for the future welfare of the t richest and the greatest country in the world.