The Holbrook news., 1922-09-01
TARIFF TO BRING
 MINING BOOM
PROSPERITY FOR LIVE STOCK AND AGRICULTURE SEEN
 IN BILL.
RATES NOT PROH|B|T|VE
DOES NOT INDICATE PROHIBI- TIVE RATES AGAINST IMPORTA-
 TONS FROM ABROAD.

puDllcdH InelnDeTS OI C1ie COlOrdQO Qel- egation that the new protective tariff bill, when it becomes operative, will result within comparatively short time in restoring, in a large degree, prosperity to the mining, agricultural and live stock interests of Colorado and other western states.
 Representative Edward T. Taylor, Fourth Colorado district, the only Democrat in Congress from Colorado, 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 as well as revenue.
 He was not prepared to discuss the new tariff act in detail, but said that while it contains some good features, there is so much bad in it he will vote against adoption of the conference re- port when the bill comes before the House. MT. Taylor voted for the emergency tariff, protective meas ure, sponsored by Republicans a year ago, but he will fight against the Ford ney-McCumber permanent tariff act.
 Senator Nicholson, practical min ing man, asserts he 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 irOned 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 levying of a protective duty on maganese which is produced in far greater quantity in Colorado than in any oth- CT 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 duty under the new act, though it 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 as b,-f ha phinnc 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 agri- 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 S4OO,- 100000 per year. which, compared with the existing revenue laws of free-trade Great Britain, yielding $750,000,000 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. It will take some time for the foreign products stored here in advance of the en- forcement of the new tariff to be- come exhausted, but it is the view of Senators Nicholson and Phipps and Representatives Vaile, Timberlake' and Hardy that as these foreign products in storage are reduced busi- ness for the American mines will grow in volume.