Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-08-20
Proposed Figure $40, 500, 900
Lower Than House Bill, but
Increase Over Present Act.
AGRICULTURAL PRODUCTS
Affected BY CHANGES
Chairman Places Total of Revisions
at 431, Consisting of III In
creases and 254 Decreases.
BY the Associated Press.


Cairman Smoot of the Senate finance
committee today estimated the total
revenue likely to be derived from the
tariff rates proposed by that committee
as $6o5, ,498,469 as compared with $685.
0l4,545 under the House bill and s516,-
512,936 under existing law.
This would be a reduction of approx
imately 40,500,0O0, compared with the
House bill, but an increase of about
$90,000,000 over customs receipts from
the present Fordney- -McCumber act.
Smoot placed the total changes made
by the finance committee Republicans
in the House rates at 43l, consisting OF
lit increases and 254 decreases.
Approximately SO per cent of all the
changes, he said, were decreases in the
House rates.
On the whole, the chairman added.
10 of the Is rate schedules proposed by
the House would be decreased under the
partially revised committee bill One.
he continued, would be about the same
and four would represent slight in
creaSes"
Thirteen per cent of all the proposed
committee increases were in the agricul-
tural schedule itself. he went on, while
many other increases approved wGsSld
affect agricultural commodities in other
schedules, such as sugar and casein.
Schedules Announced.
Smoot made public a computation of
the approximate amount of revenue and
the average equivalent ad valorem pro-
lection provided by the Senate commit
tee. the House bill and existing law, as
follows:
Schedule L: Chemicals, oils and
paints-Present law, S27,686 ,466; ad
S3O,534, ,739; ad velorem. 1924 Senate
committee revision. S28, 8,167,942; ad
valorem. 2983 per cent
Schedule 2: Earth, earthenware and
glassware-Present law. S25, ,802, ,l63: ad
valorem, 45.45 per cent. House bill.
S31 ,129,659; ad valorem. 5484 per cent
Senate committee. $50, ,367 800; ad valo-
rem 53.48 per cent
Schedule 8: Metals and manufac-
lures of-Present law, S45, ,603, ,592; ad
valorem, 35.07 per cent. House bill.
SOL .535, $50; ad valorem, 1858 per cent.
Senate committee, $42,848,1 ,180; ad valo-
rem 34.76 per cent.
Schedule Wood and manufactures
Of; Present law, S4,193,6I8 ad valorem
1889 per cent. House bill, S6,7O4, ,428;
ad valorem 1888 per cent. Senate
committee, 81, ,143, 1867; ad valorem 1859
per cent.
Schedule Sugar, molasses and
manufactures of: Present law, S1l8.-
572, ,lO9; ad valorem 67.85 per cent.
House bill, $16l, ,405.190: ad valorem
1886 per cent. Senate committee.
1850, sol; ad valorem 8497 per cent.
The ad valoren1s in this schedule are
based on raw sugar.
Schedule 6-Tobacco and manufac-
lures Of Present law. $39,314,791; ad
valorem $500 per cent. House bill,
Senate committee, $39,314,791; ad va
lorem $500 per cent.
Agricultural Products.
Schedule 7-Agricultural products
and provisions: Present law. S6O.O65.-
Sis; ad valorem 22.80 per cent. House
Dill, $89, ,792,910; ad valorem 34.09 per
cent. Senate committee, $50 6,906, 799;
ad valorem 32.99 per cent.
schedule 8-Spiritss, wines and other
beverages: Present law. S483,489; ad
valorem $3.50 per cent. House bill.
$59l 1886: ad valorem 1890 per cent.
Senate committee, $591 1856; ad valorem
1890 per cent.
Schedule 9 - Cotton manufactures.
Present law, $19916.330; ad vaiorem,
40.26 per cent. House bill, S2L557.559:
ad valorem, 1883 per cent. Senate
committee, $20,724,7 ,749; ad valorem,
41.89 per cent.
Schedule 1O-Flax, hemp, jute and
manufactures of. Present law, S23.-
973,191; ad valorem, 1916 per cent.
House bill, $24,809,189; ad valorem,
1880 per cent. Senate committee,
$24,987, ,342; ad valorem, 90 per cent.
Schedule 11-Wool and manufac-
lures of. Present law, $57,171 sos;
ad valorem. 1884 per cent House
bill, $685. $50; ad valoren. 5807 per
cent. Senate committee. $65, 5,09O, ,664;
ad valorem, 56.51 per cent.
Schedule l2-Silk and silk goods.
Present law, $18.347,719: ad valorem,
56.56 per cent. House bill, s19,518,181;
ad valorem, 60.17 per cent. Senate
committee, s20,256,956; ad valorem,
62.45 per cent.
Schedule 13-R Rayon manufactures.
Present law, $6,016,337; ad valorem,
52.72 per cent. House bill, $6,054,430;
ad valorem. 5306 per cent. Senate
committee, $6,07l ,474; ad valorem, 53.2l
per cent.
Schedule IA: Papers and books-Pres-
ent law, $5,485,073; ad valorem, 25.02
per cent. House bill, $5,816043; ad va
lorem, 26.52 per cent. Senate commit
tee.. $5,82l, 1889; ad valorem, 1855 per
cent
Schedule Is: Sundries-Present law.
$63 ,286; ad valorem, 20.48 per cent.
House bill, $87,949,194; ad valorem,
zS:i1 per cent: Senate committee, $751;
1o2,069 ad valorem, 26.17 per cent.
The Sundries schedule excludes S15.-
Continued on Page 4, Column ST.