New Britain herald., 1922-04-11
Long Fight Expected Rough Estimates Indicate It Will Raise From 300 to $50 Million Annually.

April ii (Ry Associated Press)- The administration tariff bill. as re written by senate finance committed republicans on the basis of foreigr valuation with provisions for flexible rates and proclaimed American val uaton as recommended by President Harding, was presented today to the senate. It was announced that ii would be taken up April 21 A lons fight Is in prospect with some es- inmates that it might continue for three months.
 Seems to Be Higher. Il Taken as whole, the bill, ac- cording to estimates of committee ex. perts. averages slightly higher than the Payne-Aldrich law. the last re. publican protective tariff act. As com. pared with the house measure the specific rates generally are higher but Che ad valorem rates generally are lower as such rates in the house bill were based on American valuation. Treasury experts have estimated roughly that the bill will raise from $500, 1000, 900 to s35o,ooo,ooo of rev. enue annually but they have not yet had time to complete accurate cal culations. 1sne house measure was estimated to raise $500, ,0On,o 900 while the Underwood law yielded between $2oo, ,o0o and $500, 100000.
 Effect On Living Costs. There is a division of opinion among the framers as to the probable effect the measure would have on cost of living.
 Tn the official report accompanying the bill, it is stated that the com mittee majority had "endeavored to recommend rates that will afford pro- lection to American industry and per init them to pay wages sufficient to enable our workmen to maintain an American standard of living"
 Protection to Farmers
 With regard to the agricultural schedule, one of the longest in the bill the report said the committed adopted the policy of giving to agri- culture the measure of protection that has been accorded to other in dustries with due consideration to the needs of all sections and of all in. dustries." The rates in this schedule generally average higher than those in the house bill and included large number of items, which were on the free list in the Underwood bill but placed on the dutiable bill in the emergency tariff act now in force. As general rule the rates written into the agriculture schedule are al about the level demanded by the sen ate republican farm tariff bloc. Con- mittee exgerts stated however that with few exceptions the rates In the agricultural schedule would not ex- ceed 25 per cent. This schedule em- braces meats, eggs, vegetables, gen. orally, fruits and practically all other products of the farm. The duty on wheat was fixed at 35 cents a bushel, the same as under the emergency act but five cents above the figure fixed in the house bill. Under the demo- cratic tariff act wheat was free.
 Cotton Duty.
 For the first time it is proposed that long staple cotton be placed on the dutiable list with the rate at : cents a pound as compared to the 1 5 cents asked for by the agricultural tariff bloc. Short staple cotton is retained on the free list
 The duties proposed in the silk and silk goods schedule is said officially to be at about the level of those in the Payne-A -Aldrch law.
 They average slightly below the Fordney Dill rates and considerably higher than those in the Underwood act.
 Rates On Tobacco.
 Rates on tobacco in the new bill are much higher than those in the Fordney measure and the Payne-Ald rich and Underwood laws. The duty of s4 a pound and 25 per cent ad valorem proposed on cigars and ci- garettes is the same as that in the Fordney, Payne -Aldrich and Under wood.
 Auto Tariff
 In the case of metals the commit tee agreed on rates averaging along with the Payne -Aldrich, but higher than in the Underwood bill. The Payne Aldrich duty of TAO of a cent | per pound on steel rails was agreed | upon. Under the Underwood law such | rails are free. The 25 per cent rate on automobiles, bodies and parts and | compared with the 4S per cent in the Payne Aldrich law and the 25 per cent to 45 per cent rate in the Underwood act,
 Aside from hides and shoes and a large number of agricultural products important articles taken from the free list include. sewing machines and cash registers, mechanical wood pulp. coccanut oil, soya bean oil, and cot tonseed Oil, crude magnesite, lavr scythos ard sickles.
 Tin in bars. blocks and pigs was restored to the free list from the Fordnoy bill as were shingles, man sanese ore and bananas.
 Petroleum, crude and fuel. or re- fined, also was left on the free list. The original Fordney bill proposed q 'lIty but tke house struck out the provision.
 On Fre,. List
 Other important items on the free list inclJGc agricultural implements; linotype and all typcsetting machines; shoe machinery. binding twil.e, Lu ion, gold or ,ilver, coins of