Evening journal., 1922-01-13
TARIFF BILL
IS ENDORSED
Chamber of Commerce APP
proves American Valua-
tion Plan
ALSO FOR INLAND
WATERWAY PROGRAM

The American valuation plan as
proposed in the tariff bill pending
In Washington. was approved yes
terday afternoon by the Board OF
Directors OF the Wilmington Cham
Der OF Commerce. At the same time
the directors OF the Philadelphia
Chamber OF Commerce also gave
their endorsement to the same plan.
The local board acted upon a rec
ommendation made by the members
OF the Manufacturers Section OF
the Chamber. This approval will
be made n part OF the record OF the
referendum called for by the Cham
Der OF Commerce OF the United
States. which had been laid before
every business organization in the
country connected with the national
body.
There are more than 1900 busi-
ness organizations embraced in the
Chamber Of Commerce OF the United
states, with an aggregate Individual
membership OF many hundred thou
sand.
Eight questions In all are con-
tained In the ballot submitted for
consideration by the Chamber Of
Commerce o fthe United States.
The first question provides for
legislation permitting. in the event
Of economic factors, adjustment Of
tariff rates by administrative au-
thorities within limits prescribed by
Congress for the purpose Of main
tanning a consistent tariff policy.
This was favored by the board.
Question No. provides for the
creation OF Tariff Adjustment
Board to administer adjustable
rates The directors favored this
but recommended that the board be
contained within the existing Tariff
Commission.
The third question, which like
wise was favored recommends that
there should be reasonable protec-
don for American industries subject
to destructive competition from and
Of benefit TO any considerable sec
ton Of the country"
Question No. recommends that
the "anti-dumping legislation of
May, 1921. should be maintained in
principle" This was favored, as
were also the fifth and sixth The
fifth recommends that "the principle
OF maintenance and Encouragement
OF our export trade should be OBJ
served in tariff legislation so far as
consistent with reasonable protec-
ton for American Industries of ben
/ eft to any considerable section OF
the country and subject to destruc-
/ tive competition from abroad. The
| sixth question. recommends that
tariff legislation should be framed
and administered with view tc
meeting discrimination, direct or in
direct. by other countries agains
American trade
The seventh query provides tina
the present system OF valuation 70
levy OF advalorem duties should b
maintained. The directors oppose'
this, thus favoring the American
valuation" system.
Question eight. which also wa
opposed. provides for postpone
ment OF general tariff revision unit
conditions in international trad
and finance are sufficiently sta
bilized to form a basis for legis
lation possessing permanent value.
In addition to approving tn
American valuation system, the VIII
mington Board OF Directors also en-
dorsed the Lampert Bill. now befor
Congress. providing for the rehabil
itation OF the United Safes Paten
| Office; also the platform OF the At
lantic Deeper Waterways Associa
tion. OF which the Chamber OF Com
merce here is a member. This plat
form was set forth in resolution
passed at the annual convention o
the association in Savannah. Ca
last November.
These resolutions favor the i'm
prpvement OF inland waterway
along the entire Atlantic Coast, par
ticularly the Chesapeake and Della
ware Canal.
Representatives OF Delaware +
the Senate and House at Washinr
ton will be notified OF the action q
the directors and requested to sur
port the tariff scheme. Lambert hi
and waterways plans.