The Holly chieftain., 1922-08-24
PROSPERITY FOR LIVE STOCK
AND AGRICULTURE SEEN
IN siLL.
RATES NOT PROAIBITlvE
DOES NOT INDICATE PRoHisl.
TIVE RATES AGAINST IMPoRTA-
TIoNs FROM ABROAD.

Washington.-It is the view OF Re-
publican members of the Colorado del
egatlon that the new protective tariff
bill, when 1t becomes operative, Will
result within comparatively short
time in restoring, In large degree,
prosperity to the mining, agricultural
and live stock interests of Colorado
and other western suites.
Representative edward L. Taylor,
Fourth Colorado district the only
Democrat in Congress from Colol ado,
Is hostile to the Republican view, and
clings to the doctrine of tariff for
revenue only, as opposed to the Re-
publican doctrine Of protection us well
as revenue.
He was not prepared to discuss the
new tariff net in detail. but snId that
while it contains some good features,
there Is SO much bad in 1t he will vote
against adoption of the conference re-
port when the bill comes before the
House. Mr.. Taylor voted for the
emergency tariff, protective meas
,ire, sponsored by Republicans year
ago, but he will fight against the Ford
ney- -McCumber permanent turiff act.
Senator Nicholson, Il practical min.
Ing man, asserts lie has every confi-
dence that the operation OF the pro-
tective tariff act Will lead to the
opening of Colorado mines now idle,
and in general employment of miners.
The conflicting features of the tariff
bill as passed by the House and Sen
ate should be lroned out In confer
ence within four or five weeks, and
when this Is done the bill will be
ready for the signature OF the Presi-
dent and become Immediately effec-
tive.
A feature of the new tariff act as
passed by the Senate is the levylng
of a protective duty on maganese
which is produced In far greater
quantity in Colorado than in any 9TH
er state. Heretofore this product has
been admitted duty free, with the re-
suit that Colorado manganese mines
have been unable to operate since the
war. Graphite, another product here
tOfOre on the free list, will bear a
duty under the new act, though 1t is
smaller than desired by mining inter-
ests. Lead, zinc, tungsten and mo-
lybdenum are other Colorado mine
products on which protective duties
are levied
In discussing the tariff bill us
passed by the Senate, Senator Phipps
said:
''The new tariff Is not high tariff
bill that will prohibit the Importation
of foreign products in competition
with our own produce in either agrl-
culture, mining or manufacturing. Its
various schedules have been scientifi-
cally fixed SO as to cover the differ
ence between cost Of production in
the United States and foreign coun-
tries.
TT has been estimated the law will
yield revenue TO the amount of $780,
100000 per year, which. compared
with the existing revenue laws of
free-trade Great Britain, yielding
$3.50, 900 600 per annum, does not indi-
cate prohibitive rates against importa-
tions from abroad"
Because the new act is designed. to
protect the American market for
American industry, mine products Of
foreign countries are being rushed
here for storage before the protective
duties become effective. 1t will take
some time for the foreign products
stored here in advance Of the en-
forcement of the new tariff to be-
come exhausted, bnt 1t is the view Of
Senators Nicholson and Phipps and
Representatives vaiie, Timberlake
and Hardy that as these foreign
products in. storage are reduced busi-
ness for the American mines will
grow in volume.