South Bend news-times. (South Bend, Ind.) 1913-1938, 1922-04-12
Wool Rate Higher.

"a pound, oranges UNCHANGED al
cent a pound; grapefruit IL cent.
down 1-2
Wool Rate Higher.
The basic wool rate Of SO cents
pound on the secured content writ
ten into the bin was also the same as
asked by the republican farm tariff
bloc. This rate is cents higher
than that In the house bill and IS
about on level with that i'm sched-
ule X, OF the Payne-Aldrich act.
Because Of the different classifca-
tons used, il is difficult TO compare
the new wool schedule with schedule
Is, but Senator Smoot Of Utah. who
drafted the new schedule is author
i-y for the statement that some Of
The rates as as high as in the Payne
Aldrich measure. while others arc
somewhat lower.
Because Of the increase in the
basic wool rate the duties on manu-
features proposed are higher than
those i'm the Fordney bin. Under the
Underwood law wool was free.
Hides From Free List
Cattle hides were taken from the
free list for the first time in many
years and a duty of two cents on
green and four cents on dried pro-
posed These are about the rates
asked for by the agricultural tariff
bloc. The majority report said these
duties We're necessary 70 eoualize
the different competitive conditions
and added that the imposition Of
duty ON hides made IL necessary TO
provide COMPENSATORY duties upon
leather made from cattle hide and
tile various leather manufactures.
such as shoes. and harness. The
rates on shoes We're fixed from six
cents pair 20 2 cents a pair and
FIVE percent ad velorem.
Under a last minute change made
I'D The dye provision, the president
could continue the present embargo
with licensing system for one year
beyond the period Of one year from
The date Of the signing OF the meas
ure as originally provided Rates on
dyes were fixed AT seven cents
pound and go pecent ad valorem on
diminished CompOneuts and seven
cents a pound and so percent on
finished dyes The dye interests had
asked for five year embargo. argu-
1E rlat this was necessary 10 pro-
,ect The war time industry from
. German competition.
Cotton Dutlable.
F.r the first time. il is proposed
that long staple cotton be placed on
tae dutiabl8 is, with the rate ~
seven cents a pound as compared to
the Is cents asked for by the Agri-
cultural tariff bloc Short staple
. c1t-ou ls retained on the free list
Tho duties proposed in the silk
. and silk goods schedule is said Off
c.aliy 90 be about the level Of those
ln The Payue-Aldrlch Jaw.
Rates or tobacco i'm the new bill
. arc Uuch higher than those in the
Forduey measure and the Payne
A-dricl and Underwood laws. The
duty proposed on unstemmed wrap
per and llier is S2.35 pound COM
pared with S2.l0 i'm the Fordrey ano
SlA3 ln The Payne A-drich and Tn
derWOod- on stemmed filler and
wrapper the duty would be SO
pound. while the Fordney rate was
S-.-5 and the Payne-Aldrich and
I Underwood was $3.50. The duty OF
50 a pound and IS percent adj
Faiorem proposed on cigars and
/ rigarots is the same as that IN the
/ Forjney Payre-Aldrich and Under
wood
DUty on Rails.
IN the case Of metals. the com
mi--ee agreed on rates averaging
along with the Payne Aldrich. bur
higher than In the Underwood bin
. The Payne-Aldrich duty Of 40 81
q cent per pCund on steel rails was
agreed upon. Under the Underwood
law. sUCn rails are free. The e5 per
4 cent rate on automobiles, bodies and
+ parts. and motorcycles compared
+ with the As percent in the Payne
/ Aldrlch law and the Is percent rate
/ in the Underwood act.
I Aside from hides and shoes and a
/ larger number OF agricultural pro
ducts important articles taken from
/ The free .st. include sewing machines
and cash register Mechanical WOOD
. pulp cocoanut OIL. SOY bean oil. and
I cotton seed oh. crude magnesite.
I lawn mowers and sickles
/ Tin in bars. blocks and pigs was
i