The New York herald., 1922-08-21

ports the bill back 10 the Senate ano
House. now expected inside ot mohlh
both branches Of Congress VIII nave op,
portunity 10 consider il. but there VII
he lIttle chance to make changes Inc
report cannot be amended. although y
NAV be sent back to conference ior iuI'
ther Matching. For the most part, now
ever the conference committee eAPeoes
to have its way.
The first thing to be decided on when
the bill gets to the conterees VIII ps
whether American or foreign yaluat'on
win be the standard. II VIII oe .
xkirnish. OF course, but IN the 8,
foreign valuation more hkeiy - ~ Ds
adopted.
the story Is going the rounds that OF
the House conferees who decided on
American valuation in the first instance
only REPRESENTATIVE Fordney remains -
be converted TO foreign valuation oh1
time lie said that in order 70 Obtain
American valuation he would remain ~
Washington until the snow nies.
Hardly anybody anticipates that now.
There Is too much pressure on the par
of the special interests who VIII dement,
by the bill.
Foreign Basis seems Certain.
Both Representatives Green and Ions
worth are said 70 be Of the opinion tnat
II they cannot get American valuation
n ne preliminary bouts they might n
well 20 TO the Senate idea. when !@
the way, always has been followed IN
the framing Of tariff bills. Foreign
valuation. therefore, IL almost certain
The fact that specific duties are pro-
vided on wool and sugar-S3 cents d
pound on wool and $3.50 huhureu
rounds (S1.S4 for Cuban) on sugdr--ii'
the bill as passed by the Senate makes y
fairly sure that these two rates WIN oe
maintained The standard OF valuation
has nothing to do with them ihey uu-
doubtedly will be tbs two chlei points
popularly remembered about the pres
ent bill.
Opponents of the measure called at
tention to-day to the fact that the bin
now being put into final form is n
tended to raise $40S. 100000 yearly IN
revenue while at the same time passing
along. 10 be paid by the consumer De-
tween $4,000, OO0,o00 aud $3.oQo,Ooo'VoV
in the form of protection which may oe
added to the essentials Of htc, AZ
minimum $50 each for every man,
woman and child in the country. me
Underwood law now In force Yields rev
or only s6s,000.000 year less than the
Fordney- McCumber measure.
Senator Simmons (Dem.. y. c. rank
ing Democratic member of the Senate
Finance Committee. joined with Arrnln
c. Stapfer representative of the SILK
Defense Organization. tonight in
statement attacking Horace b. Cheney,
one Of the leaders OF the Silk Associa-
ton of America. who insisted on the
high rates on silk goods in the tarin
bill Mr.. Stapfer has been in Washing
ton as the agent of group of domes-
tic manufacturers who wanted low rates
on silk. and OF importers. and he has
made vigorous and partially success
full fight against another group of manu-
facturers led by Mr.. Cheney. The g.
casion of the statement was charge
that Senator Simmons had made mis-
statements in his Tight on the silk
schedule.
Their Side of the Case.
Here Is their statement in part:
Senator Simmons did not say that
the Chsneys dominate the silk industry
of the country. He did say he domi
mates and controls the silk industry in
tariff legislation. Evidence of this Is
the fact that the Silk Association Of
America, Of which Mr.. Horace Il. Cheney
Is recognized as he leading spirit. par
ticularly in tariff matters, did not at
the start or at any other time consult
its entire membership on the question
OF tariff rates, and individual members
in consequence were forced To establish
two independent bodies. one called the
Silk Defense Organization, composed of
traders. Importers and numerous domes-
tic silk manufacturers, and the other
group fspun silk protestants). OF about
thirty leading silk manufacturers. all
Of whom protested vigorously aEitinst
the activities and exorbitant rates rec
commended by Mr.. Cheney and his CO.
terie.' as Senator Simmons styled 1t In
his debate.
THE silk Association has said that
sS.0oo.00O square yards OF silk fabrics
were imported during the year 1921. II
Is surprising that Mr.. Cheney and his
group should resort to Asuch gross mis-
representation. az such figures can be
branded as absurd. United States Gov
crnment agencies recorded imports OF
woven fabrics in units of pounds and
dollars, and even an investigation of
export statistics of foreign countries did
not disclose any basis for such an as
Sufned square yardace. To obtain even
an approximate of square yards i'm
ported would be impracticable. 1t would
require detailed Information regarding
dimensions OF fabrics imported.
"A similar exaggeration took place
when Mr. Cheney submitted a rather
impressive chart at the hearings before
the Ways and Means Committee Such
chart showed that imports OF woven
fabrics Increased TO approximate ly
S50.e00.000 in 1920. whereas the tariff
commission reported in its summaries
importing Of woven fabrics amounting
TO only s25 900 for 1920"