The New York herald. [volume] (New York, N.Y.) 1920-1924, 1922-09-10
Embargo on Dyestuffs Re-
stored and Foreign Valu-
alton Adopted.
SUGAR PRICES TO RISE
Potash Is Taken Off From
List-Housc Gets Report
by Wednesday.

New York Herald Bureau.
Washington. ID. C.. Sept. o.
Slight reductions in the rates on
wool. an unimportant cut in the duty
or sugar. the restoration of the en-
barge on dyestuffs and the application
of the foreign system of valuation
these are the outstanding features OF
the conference committee agreement
to-day on the Tordney- Met umber
tariff BILL
They cover the controversial points
between the Senate and the House
and unless there is revolt by men,
bers who refuse to vote for what they
regard as profiteering duties the
agreement preshadows early passage
of the bill
The conference programme is to send
the measure to the House by Wednes-
day. 1t Is the hope that the Senate
will get the bill by the end Of the
week, SO that it may 80 to the Prcsi-
dent at once for signature, thereby
maki1g 1t a law. That will mean, al
best estimates, an increase in the cost
of living of about $40 a year for every
man, woman and child in the country
Clothing to Cost More.
The sheep owning Senator's, who's,
efforts were responsible for the high
rate of SO cents a pound on wool, do
not get quite what til wanted in the
compromise agreemen but the differ
ence is slight. Instead of 80 cents a
pound the rate is to be 81 cents a
pound. and 1t is figured that the diff
ference will be very little In the long
run. 1t will still mean something like
s2OO0Oo0W year added to the price of
wool clothing, and Is an advance OF
six cents a pound over the House rate.
The sugar producing Senators also
got about what they wanted. although
not quite. In the Senate bill the rate
for Cuban sugar was $1.S4 hundred
pounds, while in the compromise agree
ment the rate is to be $1.76 1t is a
reduction of eight cents on a hundred
pounds of sugar, in tariff duties. but II
still will mean a material advance In
cents pound for sugar at retail.
The adoption of the system of for
eign valuation is. Of course. a victory
for the Senate conferees, but when the
bill goes to the House there will be
fight on this issue. for In the House
there is a strong sentiment for Ameri-
can valuation.
Victory for Senate.
In the main. the conference agreement
Is victory for the Senate, which yIr-
tually rewrote the bill after 1t passed the
House. AS agreed to in conference. the
rates are higher than the House rates.
1t has been estimated that the bill, when
1t becomes law, will add between
IS, 900, 100000 and $780, 900, 900 a year
to the cost of living.
Senator Smoot led the fight for the re-
tention Of the Senate rate on sugar, and
the reductions were made over his pro-
test.
The restoration of the dye embargo
caused distinct surprise in the Senate
where spectacular fight was staged
which resulted In it's eiiinina ton from
the BILL However. such high rates were
imposed on the imported produc.--av-
eraging as per cent. adj valorem--that II
meant practical embargo. many Sena-
tors charged. 1t is probable that this
feature of the conference report will
precipitate another bitter fight in tn.
Senate when it is brought up for con-
sideration
When the tariff bill was before the
Senate Mr.. Moses IN. HI md Mr.
Frelinghuysen On. j. locked horns or
the dye issue, the former urging the lift
ing of the embargo. the latter its reten-
ton.
Duty on Potash Restored.
Another important 'haagc agreed uror
by the conference was tle restoration OF
/ " cents podrd on potash. LargeI,
through the efforts OF Senators Hale and
Fernald Of Maine, that commodity war
placed on the free list In the Senate be.
cause OF the appeals OF the farmers o,
Aroostook county. Maine. who use much
fertilizer in the production Of potatoes
That rate probably also will lead 10 ar
animated debate In the House when the
conference report Is under consideration
The 7 cents a pound rate on staple
cotton. imposed by the Senate at the
instigation Of Senator Ashurst (Ariz.)
was stricken out and the compensatory
rates on other cotton were reduced ac
cordngly. The compensatory rate or
wool was also reduced from 40 to 4.
per cent. ad valorem to conform Will
the reduction in the wool duty.
Hides were retained on the FIRE,
list, while the Senate rates remained
on nearly all agricultural products, {
victory for the agricultural bloc
Chairman McCumber of the Financ,
Committee said that on most OF III,
other rates the conferees compromise,
on a 5000 basis--that Ia. split the diff
ference between the House and the Sen
ate rates. The adoption OF that plai
explains to a great extent the rea
son for the quick disposal of the bill
by the conferees. who held their frs
meeting on August "a. the bill havinl
passed the Senate on August 49,
The high rates on California products
nuts ana fruits. were retained Tor tn
most part In the bill.