The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1922-05-16

because they believed thaI py II they
could conceal from the American
neonIe the extent to which they desire
to raise rates"
IN effect" he said. they admit
that they are seeking rates so high as
to be unpopular; that they are en-
deavoring not TO report the VIII OF the
people, but to fool the people
More Propaganda On the Way.
Senator Capper predicted that the
real propaganda" for American valu-
alton was coming in spite of the action
Of the senate finance committee in
abandoning il in favor Of the foreign
valuation and that 1t would be
launched by those who desire exces-
siveIy higher protective duties on man
ufactured articles"
He added that manufacturers were
not content with tariff rates that would
eoualize their position in competition
with foreign producers, but desired
an exclusive position in the American
7 believe" said the head of the
American farm bloc, that American
valuation. if incorporated in the pres
ent bill. would have the same eco
non1ic and political effect as did the
concealed protection in the compen-
sator duties of schedule X of the
Pavne-Aldrich act. President Taft
was compelled to state that schedule
X Of that tariff act was indefensible-
Recalls a Previous Attack.
THE opponents of the bill were
able to attack 1t more successfully
merely because the protection which
it contained was concealed. In the
same way American valuation, if in
corporated in the present bill. would
weaken the position of the Republic
can party.
at would almost certainly contain
an excessive amount of protection.
which would be difficult to conceal"
Seantor Capper said American valua-
ton might be properly resorted to to
meet unusual competitive situations
as proposed in the present bill, but
added that beyond that, it is a cloak
for excessive protection and a need
less political burden for the Republic
can party to carry
To support his argument that Amer
lean valuation would conceal the
amount of protection accorded, the
senator presented some figures from
the valuation report of the finance
committee in which house bill rates
were converted to the basis OF foreign
values
Gives Actual Comparisons.
These showed eighty-one items of
the chemical schedule, Underwood bin
16 per cent; Payne-Aldrich IS; sem
ate bill 33 and house bill II.
Seventy eight manufactures of wool,
Underwood IS per cent; Payne-Al-
drich 81, senate bill 81, house bill IS.
Eighty-seven items of silk schedule,
Underwood a.; Payne-Aldrich 80; SEN
ate 50; house SO.
one hundred and twenty-four items
OF paper schedule. Underwood 16. /
Is. senate 20, house So. !
Senator Capper asserted that
American valuation by increasing the !
height of the tariff wall would limit |
the expectation of agricultural prod |
ucts in exchange for manufactured /
goods bought in foreign countries.
Many of our agricultural products |
are on an export basis and the tariff /
will not help the producers of these /
products except under exceptional J
conditions and on special grades.
IF in addition TO this the power of !
foreign countries TO buy the products /
II our farms and ranches is limited l
BY a tariff which prevents our peo-
pie from buying on a far competitive |
basis. the manufac tured articles of the i
'iehly industrialized countries of Eu- /
'ope the plight of agriculture will be |
wen worse than It is at present"