The Mankato free press. [volume] (Mankato, Blue Earth County, Minn.) 1879-1924, 1922-04-14
new RATE PAPER
GOES TO SENATE
ADMINISTRATION MEASURE
WAS REFERRED TODAY
Discussion of Act Will Start
April 81 and Long Fight Is
Anticipated; Estimate Slightly
Higher Than The Payne,Al-
drich Schedule, Is Reported.
ASSOCIATED Press Dispatch.l

washington, April ll-Ile aQ-
ministration tariff bill as rewritten
by senate finance committee re-
publicanS on the basis for foreign
valuation with provisions for fieX-
ible rates and proclaimed Amert-
can valuation as recommended by
President Harding, was presented
to the senate today. 1t was an
nounced that it would be taken up
April 81. A long fight is in pros
pect with some estimates that it
might continue for three months.
Taken as a whole the bill, &C
cording to estimates of committee
experts, averages slightly higher
than the Payne Aldrich law, the
last republican protective tariff act.
As compared with the house meas
ure, the specific rates generally are
higher, but the ad valorem, rates
generally are lower as such rates
in the house bill were based on
American valuation. Treasury eX-
perts have estimated roughly that
the bill will raise from $500, 000, 600
to $3.50, 600, 900 OF revenue annually
but they have not yet had time to
comp,ete accurate calculations. The
. house measure was estimated to
raise S300,000,000 while the Under
wood law yielded between $780,
100000 and $500, 100000.
Division Opinion Among Trainers
There is a division of opinion
among the trainers as to the prob
able effect the measure would have
on the cost of living In the official
report accompanying the bill it is
stated the committee majority had
,'endeavored to recommend, rates
that will afford protection to Am
erican industry and permit them to
pay wages sufficient to enable our
workmen TO maintain an American
standard of living"
With regard TO the agricultural
schedule, one of the longest in the
bill, the report said the committee
adopted the policy of giving to ag-
riculture the measure of protec-
ton that has been accorded to 9TH
er industries, with due considera
ton to the needs of all sections
and as of all industries" The
rates in this schedule generally av
erage higher than those in the
house bill and include a large num-
Der of items which were on the
placed on the dutiable list in the
emergency tariff now in force
The Agricultural Schedule
AS a general rule, the rates writ.
ten into the agriculture schedule
are at about the level demanded by
the. senate republican farm tariff
bloc. Committee experts stated,
however, that with few exceptions
the rates in the agricultural SEIZED
ule would not exceed 20 per cent.
This schedule embraces meats,
eggs, vegetables, generally, fruits
and practically all other products
af hn Tho dI1fu WI
was fixed at 35 cents a bushel, the
same as under the emergency act
but FIVE cents above the figure fix
ed in the house bill. Under the
democratic tariff act wheat was
free.
The basic wool rate of SO cents a
pound on the secured content writ
ten into the bill. also was that ask
ed by the republican farm tariff
bloc. This rate is cents higher
than that in the house bill and is
about on a level with that in SEIZED
ule K of the Payne Aldrich act.
Because of the different classified
tons used, it is difficult to com
pare the new wool schedule with
schedule K but Senator Smoot of
Utah who drafted the new schedule
is authority for the statement that
some of the rates are as high as
those in the Payne AIdrich meas
ure while others are somewhat
lower.
Because of the increase in the
basic wool rate, the duties on man
ufacturers proposed are higher
than those in the Fordney bill.
: Under the Underwood law wool
was free.
Cattle hides Off Free List
Cattle hides Wora taRnn from the
free list for the first time in many
years and duty of 2 cents on
green and 4 cents on dried propos-
ed. These are about the rates ask
ed for by the agricultural tariff
bloc. The majority report said
these duties were necessary to
eQuaIize the difference in competi-
tive conditions" and added that the
imposition Of a duty on hides made
it necessary to provide compensa-
tory duties upon leather made from
cattle hides and the various leath-
er manufacturers, such as shoes
and harness. The rates on shoes
were fixed at from 6 cents a pair
to II cents a pair and five per cent
ad valorem.
Under a last minute change
made in the dye provision the
president could continue the pres
ent embargo with a licensing sys-
tenn for one year beyond the period
of one year from the date of the
signing Of the measure as original
ly provided. Rates on dyes were
fixed at seven cents a pound ana
sixty per cent on finished dyes.
The dye interests had asked for II
five year embargo, arguing that
this was necessary to protect the
war time industry from German
competition.
Proposed Duties On Silks
The duties proposed in the silk
ard silk goods schedule is said by
officials to be about at the level of
those in the Payne Aldrieh law.
The average slightly below the
Fordney bill rates and considerao-
ly higher than those in the Under
wood act.
Rates on tobacco in the new bill
are much higher than those in the
Fordney measure and the Payne
AIGrjch and Underwood laws. The
duty propose on unstemmed wrap
per and filler is $2.35 a pound
compared with 500 in the Fordney
and $1.85 in the Payne Aldrich and
Underwood. On stemmed filler and
wrapper the duty would be So Il
pound, while the Fordney rate was
S2.75 and the Payne Aldrich and
Underwood $3.50. The duty of ga
a pound and % per cent ad Valor-
EN- proposed on cigars and cigar
cites is the same as that in the
Fordney and PAYNE Aldrich and