Evening star., 1934-08-25
NEW TRADE PACTS
PLANNED BY j. s.
Cuban Reciprocal Tariff
\ Treaty to Be Followed
by Coffee ACCOrdS.
CONTINUED From First Page)

sums derived from sales in Cuba will
be spent in the United States, not
only the producers, manufacturers
shipping companies and other inter-
eSts which may be expected to par
ticipate directly in the increased
trade. but ultimately the United
States as a whole. should benefit"
When all had signed Hull turned
to a microphone to broadcast a
statement, in which he said in part:
I'm 1924 the total value of our
own exports to Cuba amounted to
almost 5000. 900; last year our
exports to Cuba were barely one
tenth of that amount. We have every
hope that the conclusion of this
agreement today will rapidly restore
to the American farmer, to the
American wage Garner, and to the
American manufacturer, the benefits
of the important market in Cuba
which they formerly enjoyed"
Tariff Concessions Granted.
Among important tariff concessions
granted the United States by Cuba
we're cottonseed, corn. soya beans,
wheat flour, pork products, rice,
fruits, animal and poultry feeds,
canned sardines, salmon and other
fish. canned vegetables and meat,
crackers and biscuits, textile prod
uctS, machinery, automobiles, iron,
steel, copper and other metals, wood
and lumber and paper and cardboard
products.
The most important changes made
included:
Decreasing the rate on cottonseed,
corn and soya bean oil, in crude
state, from $4.36 to 88 cents per hun
dred pounds and refined from $645
to $1.36. The preferential rate was
increased from 30 to 35 per cent in
order to safeguard the American po-
Sition.
On wheat flour Cuba agreed to re-
move consumption tax of IS cents
per hundred pounds on September
3. 1886, which will make a United
States rate of Al cents per hundred
pounds. In addition Cuba agreed to
increase the preference from 80 to
40 per cent on -four milled entirely
from wheat produced in the United
States, which will make United
States rate of 35 cents.
Salt and Pork Duty Cut.
The Cuban duty on United States
salt and picked pork was reduced
from 1854 to $4.09 per hundred
pounds, on bacon and smoked pork
from $763 to $5.45 per hundred
pounds and on cured or smoked hams
and shoulders from $8.72 to $5.45
per hundred pounds.
Cuba agreed to cut in half her rate
of $1.81 on potatoes per hundred
pounds.
American preferentials on cotton
fabrics and manufactured textile
articles were increased from 80 to IS,
40 and so per cent; on rayon yarn
and fabrics from 80 to so per cent
and to so per cent on practically all
other rayon and artificial silk items,
on cotton yarn from 80 to so per
cent, on wool from 20 to so per cent.
Duties on silk yarn and silk knit ar
ticles were reduced from Is and so
to 10 and so per cent, respectively.
The State Department said out
standing concessions had been OBJ
tanned by the United States on pas
senger automobiles, radios, motion
picture sound equipment, industrial
machinery and apparatus, and office
machines and appliances.
The Cuban rate assessed against
American automobiles with a factory
list price of less than $3.50 was re-
duced from "a to IL per cent.
Part of Concessions.
Part of the trade concessions
granted to Cuba follows:
Tobacco-The total quantity of
cigar leaf tobacco, cigars and cheroots
of all kinds which will be permitted
to enter from Cuba is not to exceed
l8 per cent of the total quantity of to-
bacco used in the United States dur
ing the previous year for the manu-
facture of cigars. The figure of 10
per cent is based on the percentage
of the 10-year average of Cuban i'm
ports to total domestic consumption of
cigar tobacco.
The reduced duties should permit
the sale of cigars at somewhat low
er price in this market, which should
increase consumption. Cuba will
benefit from the expanded market
since the quota allotted her in any
one year is calculated on 18 per cent
OF the previous years consumption.
At the same time, it affords protection
to the domestic producers, since i'm
ports of Cuban tobacco are limited.
Moreover, as in the case of sugar, If
the cigar adjustment program is
abandoned the rates on Cuban to-
bacco will revert automatically to the
present rates.
Old and New Rates.
The following table shows the old
and new rates: