The Washington times., 1922-09-28
TARIFF To WIFE SHOT,
DRIVE Up MAN KILLS.
ALL COSTSH |MSELF
Babson Declares Ten Per Cent
Jump Is Due-Sees Death
of G. o. p. as Result.
Copyright. 1922. by Boston AmsricaH
Publishing Company

Copyright. 1922. by Boston Amsrica1
Publishing Company
Copyright ls22. by Cosmopolitan News
- ServIce)
BOSTON, Sept. 2s.-The cost of
living is going to take a 10 per
cent jump within the next six
months.
You are going to pay at least
10 per cent more for your food
and lodging, rent, heat, and
clothes than you are paying now.
And you can thank the Repub-
lican protective tariff bill.
The greatest living authority on
business statistics says so-Roger
W. Babson.
Death Of G. o. r.
Your meat and your drink. your
sweets and fruit, even your CiEar.
cites and your matches-they're all
going to set you back 10 cents more
on the dollar.
There isn't a single thing you
can do about it--except 10 pay II.
But there's one compensation.
says Roger Babson. The Republican
party signed its own death warrant
for the immediate future with the
same pen that signed the tariff
bill.
Because" points out Babson,
"the cost OF living jump is going
to hit the straight Republican
ticket man just ~ hard as Its 60
ing to hit his Democratic brother.
We've put the vested interests
in and now we've got to sit back
and watch them play the game
their own way. There isn't any.
thing to be done about it. There
have been no broken rules; the Re-
publican leaders, naturally enough,
are going to work for the interests
they represent. And when the
pinch comes, we've just got to re.
member that we put them in"
And here the great statis;ician
tells a story:
IT remember something ex-Presi.
dent Wilson said to me Just after
his return from Paris. His eyes
filled with tears as he spoke. It's
this way Babson,' he said, THE
Republican party has the brains.
Unfortunately, they haven't much
heart with II. We might say that
the Republican party was all brains
and no heart and that the Demo.
cratic party was all heart-and no
brains"
And Babson says there's more
truth than poetry in It.
The duty placed by the new tariff
on commodities affected by It, ranges
from three or four to one hundred
per cent. The average duty has
been estimated at something over
SO per cent. Based on the imports
which the treasury expects in the
twelve months following the passa ge
Of the bill. the revenue should he
over s4OO 900. 900. Foreign valua-
tions is the basis OF the bill.
(which means" says Babson.
that the domestic manufacturer is
going to put his prices up to lust
about the mark the importer would
demand after he had paid his tariff"
Lard and pork that has been duty
free under the old tariff, will now he
taxed cent on every pound i'm.
ported. Your, morning bacon and
your no one time doughnuts!
Put Hobbies on Santa Claus.
Santa Claus himself has been
handed n wallop. Thousands Of kid.
dies who had toys last year, when
the duty was only 35 per cent, will
not have them this year when the
tariff has been exactly doubled
jumped to 10 per cent.
Wheat, which like pork and lard
enjoyed immunity under the old
tariff, will he taxed 7S cents per
hundred pounds.
And this IL particularly ridicu.
tcantinusd on Page 2, cs,umn a.