The New York herald., 1922-05-27
Fight over Schedules.

WASHINGTON, May 20 (ASSoclateu
Press) The Senate came to its first
big fight over Individual schedules in
the tariff bill. Rates recommended by
the Finance Committee majority on some
steel products came under lire from both
Republican and Democratic sides of the
chamber. but as rapidly as votes were
taken the committee was sustained
Senator Cummins (Iowa), one of the
Republican Senators who fought the
Payne-Aldrich bill. opened the attack
on committee duties on steel plates and
announced he would have amendments
to offer to many other items in the
schedule. Senator Underwood (Ala.).
Democratic leader, and Stanley (Ky),
conducted the fight for the minority.
Asserting that for years the United
States Steel Corporation had fixed the
prices on substantially all commodities
it produced or in which 1t dealt, Senator
Cummins said the intimacy in the In
dustry was so close that something be-
sides competition would have to be de-
pended upon to fix reasonable prices.
U. s. Steel Cheapest.
The Iowa Senator and Senators I'm
derwood and Stanley argued that the
United States could and did produce
steel cheaper than any other country,
the Democratic Senators insisting that
in this circumstance tariff duties we're
unnecessary. Senator Stanley said the
United States was selling in the mar
kets of the world and In the face Of that
the United States Steel Corporation
wanted Congress to guarantee its profits
against any possible competition from
foreign lands.
Senator Cummins disclosed he was one
of the leaders on the majority side who
sought to prevent general revision of
the tariff at this time. He said this
was not the time for such legislation
because chaotic conditions made it i'm
possible to obtain accurate informs ton
on which to act.
Senator McCumber IN. D.. Rep.), in
charge Of the bill. argued it was not
enough to write rates that simply would
equalize production costs. He declared
the matter Of the difference in transpor-
tation costs should be taken into con-
sideration.
.Don't Wet Nurse IT,"
Senator Underwood called the rates
on steel plates shame and fraud
on the American people," He urged
that Congress let the steel industry
stand as 1t was a giant in the field of
industry and not wet nurse it like n
baby in a crib
Rapid progress was made on the metal
schedule late In the day and during the
night, rates agreed upon including:
Tin plates. teneplates and taggers
tin. L cent a pound as compared with
lilo cents in the House bill.
Structural steel advanced beyond
hammering or rolling. 25 per cent. ad
valorem, the House rate, in place of the
80 per cent first proposed by the com
mittee.
Sashes, frames and building forms
% per cent. ad valorem. instead of 1C
per cent. as first proposed.
All bearings, So per cent. ad valorem
as compared to 95 per cent. in the Hous,
bill.
Cast iron pipe, stove plates. &C., p
per cent. ad valorem. as compared tc
10 per cent. In the House bill
Steel tubes not specially provided for
30 per cent ad valorem, an increase OF
10 per cent over the House figure.
Corbet clasps and steels. 35 per cent
adj valorem. as compared TO 25 per cent
In the House bill.
Hooks and eyes, 25 per cent. ad val
orem. an increase OF 10 per cent. ovel
the House figure.