CENTRE FREPORTER,
THE
FRED KURTZ Enrron and Pror'r
Abstracts of the Senate Tariff
Bill and Three Reports.
ARGUMENTS PRO AND CON.
The Majority
of the Senate Finance Colin
mittee Pronounce Their Bill Just the
Thing,
Inadeguacy of
and They Are Satisfied of the
the Mills Bill a» =
Remedinl Measure—~The Minority Say
the Mills Bill Is in of the
the Interest
Public Treasury and the Whole People,
and the Senate Bill Is in the Interest of
the Private Pocket and a Few Thousand
the
Manufscturers — They Recommend
Mills
Beck
Glad the
Mr.
He Is
Bill as the Only Panacea
Alone® and
Goes It Says
Senate Has Gone to the Ex.
treme of Protection.
Wasnixarox, Oct
the gover
numbers
divided between
taxes. Ito
half ns
ing $27.70
roe aloot
Hst is giv
jons an
changes
revenue an
1
A
on and after
pounds
thousand, |
sand fifty cen
ing the sal
ducers; repes
tobacco and so
to be paid by uw
leaf toba
manufactured t
Al i 1
certain
interna
pa}
Oo and reta
1 sets
the duty
water and
per gallon and ©
Blackin
phate
car
8 cents
8 cents per
cents per
per
castor ol
arat
1¥yiis
i :
punched ir
per poan i
per §
weigt
and
per 1
not gover
Iron ore
committee's bi
pig iron, spiegaleis
and scrap steel,
same as under exist
and all structural
pound ; boiler and pl
to 33¢ cents per pound, and if
3 cents per pound, 45 ft
hoop iron, from 1 to 1]
Cut nails, 1 «
wire, from 15
copper ore, 1% ents
plates and bars, 2 cents
134 cents per pound;
pound; zine in blocks, |
in sheets 2!
% nts
r pound; lead ore
ore, © per
{ cents per pound;
per pou
1
ents
cents
on hewn and saw
ad valorem
per thousand |
In Schedule E, covering
above B.,, D XK,
present rates are
while the Mills bill pa & dut
cents per pound;
and not abov d
in the Mills bill it is 220 cents per pound
) %
is 20
10 of a cont per
§
vind,
10 ons per jo
number 13
% conte per pound;
Above No 16
cents per pound, against per pound
inthe Mills bill. All above No. WD. B..2
cents per pound, against 2.3 cents per pound
in the Millz bill .
In the tobacco schedule, the duty on cigars
and cigarettes is fixed at $3.50 per pound;
leaf tobacco not stemmed, $1 per pound;
unmanufactured leaf tobacco, 2 conts per
pound; if stemmed, 2 cents; snuff, 20 cents
per pound.
above 20 D. 8. 1
$
2 4) peer
is fixed at 2 cents por pound: raising, 2 cents
por pound; cleaned rice, 1 cent per pound;
uncleaned, }{ cont per pound; broken rice, if
of ascent per pound. In the Mills bill the
duty on cleaned rice is fixed at 1 cent per
pound, and on uncleansd rice 4 cent per
oui. The duty on salt in bags, sacks and
mrrels is fixed at 12 per hundred
pounds: in bulk, 8 cents per hundred pounds,
the same as at present.
Wheat, 20 cents per bushel; wheat flour,
20 per centurn ad valorem; brandy, $2 per
proof gallon; cordisls and absinthe are
taxed 82 per proof gallon; ale, porter and
beer in bottles, 35 cents per gallon ; otherwise
than in bottles, 20 cents per gallon.
In the cotton manufactures schedule cots
ton threads, warps, oto, are taxed from 10
cents fo 48 conte per pound; eotton cloth
from 24 to €8{ cents por square yard; stock.
ings, hose; gloves, shirts and drawers, 3 por
ocentum ad valorem: cotton cords, braids
ete. , 55 per contum ad valorem
Hackled flax in the senate bill is taxed 840
ton: in the Mills bill £10. Tow of flax or
Pp is taxed $10 per ton; in the Mills bill it
is on the free list. Hewp, 820 por ton. Bur
laps not exceeding sixty Inches in width, ex.
cept such as may be suitable for cotton bag
y aU per. contin ad valorem; this in the
Is bill is on the free list. Hemp or jute
carpeting, 6 cont por square yard: cotton
bagging and gunny cloth, suitable for cover
ng outten, Bs of nent or pound; gunny
aloth, bagwin tax
*
valorem in the Mills bill, Oil Sloth,
Conta
corticens, 10 conts per square yard ana 15
cents ad valorem,
In the wool and woolen schedules the duty
on first and class wools—clothing
wools and combing wools—is flxed at 11
cents por pound. The present duty on these
wools is 10 cents per pound if valued at less
than 20 cents per pound, and 12 cents a pound
if valued at more than 90 conts per pound.
The duty on carpet wools, or wools of the
third class, valued at 12 contd a pound, is
fixed at cents per pound, if valued at
more than 12 cents a pound 6 cents per
pound. Inthe Mills bill, all wools, hair of
the alpaca goat and other like animals arg
placed on the free list, The duty on woolen
rags, shoddy, mungo, flocks and wool waste
bill is fixed at 10
wnts per pound, the same as under existing
the Mills bill are also
placed on the free ligt
The duty on woolen cloths, shawls and all
manufactures of wool of every description,
not specially enumerated in the bill, valued
at not exceeding 40 cents per pound, is fixed
at 35 cents per pound and 55 per centum ad
valuad at $0 cents and not
exceading 00, 35 cents per pounds and 40 per
centum ad valorem; valued at above 60 cents
a pound, 40 cents per pound and 40 per
centum ad valorem. The Mills bill proposes
a duty of 40 per centum ad valorem on these
goods, The duty on flannels, blankets and
valued at not exceeding 50 cents a
pound, is fixed in the bill at 10 cents
per pound; valued at above 30 cents a pound
second
n the senate committee's
{
law, and those in
valorem above
hats
senate
and not exceeding 40 cents a pound, 12 conts
per px 1; valued at above 40 conts a pound
an wot excesding 60 cents, 18 per
pound and 3 per centum ad valorem; valued
© 60 cents a pound, 40 cents per pound
por centum ad valorem.
oconts
wes above 56 degs., 4 cents per gallon,
a gallon below present
than the
cheapest
» 18 4 cents
cents prox
The
gallon lower
duty
Hi carpeti
ilk and silk gv
} Cents por pound
goaxds an
th
raw i
rm egrs, oolar,
3
and all
paintings
PW ouds
sires imported
if
opinm containing ¥ per cent
wirphia, gold and silver
amon, diamonds
ores and
rough or
ifactured feathers and downs,
jute butts, manila, sisal grass and
bags and cloth fit only
ufacture, molasses testing not above
gs, railroad ties, ship timber and
ship planking, and all lumber, wire, rope, iron
un
BIG
reign account and ownership, for the
purpose of being employed in the foreign
ude, and all articles of foreign production
fod for the repair of American vessels
gaged exc iy in foreign trade
iusdve
MAJORITY REPORT.
Republicans of the Finance Committee
Commend the New Bill
Wasninoron, Oct, 5.~The majority and
minority reports on the tariff bill were pre-
sotited in the senate. Both are very long and
explicit, and are intended for distribution as
campaign documents. The majority report,
representing the views of the Republican
members of the committees on finance, fills
over twenty-five are tabular, There are do
tailed comparisons between the features of
the Mills bill and also thoss of the present
lnw and the bill upon which this is a report,
making all of the essential points compre
The majority report opens with the state.
ment that the demand for a careful and
hv sugh revision of our revenue laws is im-
perative, This revision, it says, is necsssary :
togoduce the national revenues, which are
now excessive: to remedy the defects, anomn-
lies and Inomgraities which have been from
time to tine discovered in the tariff schodules,
or which have been created by erroneous de
business conditions; improvements in method
of production; radical changes in prices, or
by new elements or sources of competition,
and to give relief and protection to many in-
dustries which are now suffering on aceount
of the inadequate rates levied on competing
products,
The public demand, the report says, for a
reduction of revenue is more urgent on so
count of the inexcusable retention in the na-
tional treasury, or in the national banks, of
volumes of money in excess of the amount
required to pay the current demands wu
the treasury and to meet maturing obliga.
tions of the government.
The existence of this immense surphis fur
nishes coonsion for constant anxiety and ap-
prehension of possible financial disaster. The
failure to prevent this dangerous scoumula-
tion inviting, as it does, extravagant expendi
tures and conltituting an aver present men
ace Lo the prosperity of all oar people, cannot
be too severely condemned ; but it is a failure
for which the executive it of the
government alone fs respons
This accumulation coukl and should have
been profitably avoided, and the possibility
of business disaster averted by a prompt re
turn of the money collected from the people
could at
times have obtained for prices
which, to the government, would have been
equal to an investment, if otherwise unprofis-
able funds, at a rate of interest of
than 2 per cent. per annum.
It is probably true that the 800,000,000 de
posited in national banks cannot now be with
drawn without peril to the business interests
of the respective communities where the
banks are located, and that this sum must re
main for ad indefinite period a loan to
favored institutions without interest. This
unfortunate situation, however, must have
been foreseen when the deposits were made,
been
not lows
deposits; nor should it furnish an excuse for
the failure to promptly dispose of the much
manner indicated,
and
have enn
force the collection of excessive revenue,
to remedy the defects which we
relief, and congress may properly be held re
sponsible for any evils resulting from a con
tinuance of existing conditions It may,
however, be fairly said that responsibility
for delay in the adoption of the legislative
remedies upon the party in ¢
of the house of representatives, which
constitution bas sole power to originate rev
rests mirol
enue bills. The anticipation of the senate in
any effort to ¢ proper
been gx +, from the
ure existing evils by
legislation has
fact that the bil
first that has rea
five years giving
nxideration is the
» senate in more than
them isdistion over the
subject
Criticising the inactio
anxiety for reforn
repeated declaration
would have boen ens
gross has wines
March, 1885-—and its sessions have
least tw
Yoweri
ney m
screed thu
upon f Inoasure
the revenue and
features of
Aner
xnmpled p
f
of a policy
existing
t dows 5
hie arts
RV 10
fMirmative propeosit
After an
ceriticiam of
ex hausti
the Mills bill in
discussion of free trade,
cont of production and war
ity close their report with the lowing
the two
oe
servation concert ¢ their work and
tarifl measures now before congross
“In all the numerous changes »
your committee have had o
the preparation of a consistent measure whose
beneficient influences would be felt in
and by every clas of our people
which would give greater diversity to our
industries, and by strengthening and invigor
ating the American system of protection se
cure the harmonious development amd pros
perity of agriculture, manufactures and
commerce. The difference between the house
bill and the sutstitute reported by your con
mitten are fundamental. The house bill has
bean formulated on the theory that a diminu
tion of revenues can only be soured by a re
duction or repeal of protective duties, and
that tariff revision means simply that indies
eriminate cutting down of rates which en
courages importations, benefits foreign mann
facturers and produces free trade The sub
stitute proposes to reduce revenues, and at
the same time fo presarve the American
gystem. It is based upon the idea that tari?
revision implies an equitable read justment of
duties in the interest and for the benefit of
the people of the United States, and in the
distribution of rates its framers have pot
hesitated to erect or maintain defensive bar
riers which would carry confidence and com-
fort into American homes.”
rorontond
1grostod
nstan in view
every
soction
MINORITY REPORT,
The Senate Bill Condemned and the
Mills Bill Recommended.
The minority at the outset complain that
none of them were consulted or informed
about the provisions of the substitute re
ported by the Republican majority until it
was reported to the full committee on the
25th of last month, and of the hearings be
fore the sub-committee since last May, they
assert that it is safe to say all the interests
benefited by a high protective tariff have
been fully heard and have had much influ.
ence in shaping the substitute, while the
great body of the people, the taxpayers, and
victims of this policy, have not appeared and
have not yet been heard, Criticlsing the substi.
tule, the minority say the essential difference
between the house bill and the senate substi-
tute is apparent and radical at the outset in
the matter of revenue. The one is framed in
the interest of the public treasury; the other
in the interest of private The one is
framed in the interest of the whole people;
the other in the interest of 300,000 manufac
turers. The one is designed to reduce both
government revenue and taxation, the taxa
tion especially which bears heaviest on the
neosssaries of life; the other is intended to
raise public revenue, indesd, but to maintain
taxation on all the necsssarios of life. Prac.
tioally, the substitute offers to the people free
whisky and free tolmoco, leavieg all the ex-
pensive machinery for the collection of the
#
force, while it Increases taxation
actual and indispensable neo
and t
HBTs
too, when there is
sury, and
surplus is being increased at the rat
$1056,000,000 per month, thus
and withholding fr
commerce and business of tl
a nrg
under existin
¥
nn tis
absolute ly necessary to thei
tions
The substitute,
retains a duty on raw
the duty
clothing and coml
i duty is 1
the min
from 10
all parties
country,
‘
and
wetures of
to that
manufa
cheaper g
It the cotta
Proce:
tion
new sul
the adn
in effect prin
glaring incon
are perpetrated in tl
med qua
pd qua
Me Thinks the
More
Senator Bool
New Bill Favors the
Than the
in his
Rich
Poor,
fual
a)
to be,
ports as far s
al gd, and =
on
oNr axhoris
charges as oo
ore ay ae 0 exXa
Contitning, he argues that the atten
committes to restore specific instead of
valorem rates moans that the gods u
the poor shall be taxed out of all propor
tion to those used by the rich. The pretenses
they am at present it sno longer infant
industries that are clamoring. The manu
facturers are stalwart giants now, The bills
now presented by the respective political or
ganizations, continues Mr. Beck, are infin
ftely more important in the principles they
represent than in the amount of taxation
they propose to remove, measured merely in
money,
Referring to the Jresdeuts mossage he
mys: “If any president over satisfied the
American people that he subordinated pri
vate ends to public interests and had the
courage to express convictions regardless of
Jetacual consequences, President Cleveland
n this message has satisfied them that he has
acted with an eye single to the public good,
1t will be a striking evidence of the power of
employers over their workingmen if they suo
oood in making them believe that their wel.
Are enters into the contest to be waged. The
struggles made by their Jeaders, Gen. Harri
son included, to flood the country with Chi.
nese, sanding money to Chios and importing
10,000 of them at a time, as the n ts of
the Central Pacific raliroad did, give the lie
to all their professions of sympathy with
high priced American labor.”
sither Mr. Carnegie nor any of the sub
sidized band, says Mr. Bock, can delude the
American people,
Continuing, he says that the president's
message and the houses bill were both emi.
nently conservative. The senate Bill, in the
wool, cotton and other schedules, not only
fneroased the rate of tax, but did it in the
to conoval the nciuases,
in glad the committee has gone to the ex
of protection, restriction action,
cotton bag
rT Wr rion,
-
ve
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