The Lake County times. [volume] (Hammond, Ind.) 1906-1933, 1922-04-11
RADICAL
DIFFERENCE:
IN MEASURE
High Protective Duties Es-
tabIished on Farm
Products
lsY ]. RARr cAMPRELLl


tsTAFF CORRESPONDENT T. N SERVICE
WASHINGTON, April 1t.-After
many months or delay. the so-cal-
led permanent tariff bill. radically
different in many important respects
from the form in which 1t was pas
sed BY the House last year and rev
olutionary in some Of its new ad-
ministrative and other vital provis-
ions, was finally reported favorably
to the senate today by the republi-
can majority in control Of the sen
ate finance committee
NEW RIGHTS or PRESIDENT
For the first time in the long.
eventful history Of tariff making
and unraaking the president would
be vested BY the bill with sweeping
discretionary power to change and
fix rates on imported articles and to
even bar completely foreign pro-
ducts from this country whenever he
deemed trade conditions warranted
sach action on his part
another entirely new departure
in tariff legislation made by the bill
is the establishment Of high pro
Jective' duties on agricultural pro
ducts which have heretofore been
Invariably placed on the free list in
both republican and democratic tar
if measures
FARMERS RICH BENEFITS
While the farming and live stock
interests of the west and south are
expected to derive rich BENEFITS from
the bill the manufacturing inter
ests. particularly Of the East, find
themselves in the unprecedented
position Of being deprived OF their
customary share of compensatory
duties because of the Impractical bill
ity, the bills authors contend, Of
their being given rates on rnanufact-
ured good proportionate to those
imposed upon raw materials upon
which they have heretofore had 20
pay no duty.
1t is believed however. that des-
pite the pronounced satisfaction
with which the manufacturing and
importing interests may regard the
new tariff system proposed. that the
agricultural tariff block" an Off
shoot OF the original agricultural
bloc" will force the passage Of the
bill eventually in much the same
fern in which il left the hands OF
the Repu blican senator's who donin-
ate the senate finance committee
ULTIMATE CONSUMER SQUEEZED
The ultimate consumer" is the
one who is certain to feed the real
'pinch" Of the measure. II is es-
timated that while the bill will
raise approximately between 5000
100000 and $500. 100000 in revenue.
that it will boost the already high
cost OF living about $4,000, 600 or
s3,o0o.0oo.oo0. II not more
Almost everything that the av-
erage man or woman eats or wears.
nearly necessity Of life. has impos-
ed upon it by the bill tariff which
is expected TO materially increaz
the domestic article while provfd
ing it with ample protection" froa
its foreign equivalent
GENERAL EFFECT BENEFICIAL
While conceding that the BIZ
would cause living costs to soar in
some instances to even world war
levels. administration officials con
tend that the general effect OF tn.
proposed tariff walt- would ~
beneficial to the country as a whole
and would restore prosperity and
maintain production and wages at
such a high standard as to Justify
whatever high prices might ensue.
The democrats are planning to
make political capital out of this
as well as other features of the bill
but the administration leaders pro
fess confidence in their ability to
muster ample votes to force il
through both the Senate and the
House
Guesses vary in congress as to
how long II viii take to enact the
bill finally into law
There is a growing feeling that
It may prove impossible or irnprac-
ttcable to enact Il until after the
November elections
row between republican lead
ers Of the senate and house over the
system of valuations TO be employ
ed as a basis for the bill is regard
ed as inevitable