Arizona republican., 1922-04-12
Launch FIGHT
FOR Is CENT
LONG STAPLE
COTTON DUTY
CAMERON OFFERS AMENDMENT TO
ADMINISTRATION TARIFF BILL IN
SENATE INCREASING DUTY FROM
SEVEN TO FIFTEEN CENTS A POUND

WASHINGTON. April 1.-THE long
awaited administration tariff bill was
presented today in the senate. Sem
ator McCumber, Republican of North
Dakota. in speaking OF the measure.
announced that to give senators time
to study it, he would not call it UP
before April 20. Some Republican
leaders thought it would be passed
after about so days of debate. but 9th
er estimates ranged as high as three
months
Experts who assisted the senate fl
nance committee majority to prepare
the bin, estimate that the average OF
its rates is slightly higher than the
the lasts Republican tariff act. The
Payne -Aldrich lever was approx
mately IL pei cent on all dutiable i'm
ports and 21 per cent on all imports
free and, dutiable. The average of
the Democrat Underwood tariff which
the new bill would replace, was $3.50
and 1888 per cent, respectively. in
1914, the first year of its operation
and the only year when trade was
not seriously affected by the world
war or after the war conditions.
Comparing this bin with the Ford
ney measure, which the house passed
last July q. and of which this is a
rewrite, the experts estimate that
the average of all rates is lower,
though the specific rates. and more
particularly those on foodstuffs, are
somewhat higher. Exact conpari-
sons of the ad yalorem duties in the
two bills are somewhat different, due
TO the fact that the senate commit
tee threw overheard the house Amer
lean valuation plan. returning to the
foreign valuation principle.
y While they have not completed all
calculations treasury experts say the
senate measure would probably raise
between $3.50, 100000 and $S50,000,00O
in revenue as compared with the es-
innate of $500. 100000 for the Ford
ney bill and the s30S, 100000 Of rev.
enue returned in the calendar year
1921 for the joint operation of the
Underwood law and the emergency
tariff act.
In returning to the foreign valua-
ton principle. the senate committee
majority carried out suggestions of
President Harding TO congress last
December for a flexible tariff. Tn
der special provisions in the meas
are, the President, in the language
Z OF the majority report which accom-
panied the BILL would be authorized:
'sTo modify tariff rates either up
ward or downward within prescribed
limits $50 per ceIrt) and in accord
ance with definite rules laid down
by congress so that rates may at all
times conform TO existing conditions.
ITO change the basis for the as
<essment of ad valorem duties on Sc
lected items from the foreign value
10 the value of the domestic article
in the American market when the
foreign value is not a certain basis
for the assessment OF duties on such
items.
ITO impose penalty duties or. pro-
hibit the Importation of particular
goods for the purpose OF preventing
unfair methods of competition in the
importation of goods.
ITO impose additional duties on the
whole or any part of the imports into
the United States from any country
which discriminates against our over
seas commerce. These additional
duties are limited to the amount of
the discrimination. but if the dis