PROVISIONS OF THE Congressman Underwood plains What It Means to the Country. and Heavily Reduces the Sugar Duty—Raises Rates on Bev eral Items. all and rates Removal of les of food Washington, D. C tariff from many artic clothing, broad reductions in the: of duty on all necessaries of life, increase of tariff on many Jux and a new income tax that would touch the pocket of every American citizen whose net income exceeds $4,000 the striking features of the new ocratic ‘tariff revision bill Sugar would be free of duty the bill proposing an cent. reduction and the remaining duty in 19816 Raw wool would be once, with a corresponding duction in the tariff on goods, an xuries, are Dem in 19186, immediate 25 per removal of the al re woolen made free heavy all Placed on the Free List Other articles are put on the ist as follows: Meats, flour, boots and shoes, lumber, coal, harness, saddlery, iron milk and cream, po tatoes, salt, corn, cornmeal, cotton bagging, agricultural ments, leather, wood pulp, Bibles, printing paper not worth more than 23% cents a pound, typewriters, sewing machines, typesetting machines, cash registers, steel wire, cot ton ‘ties, nails, band iron, fish, sulphur, soda materials acetic and sulphuric borax, lum ber products, includ clapboards, hubs f laths, pickets, staves, These principal from the free list and uncut diamon and stones, tar products, 10 per *ent.; volatile il 20 per cent gpices, from 1 cen t 2 cents per ound The new rates are estimated to re duce the customs revenue approxi mately $50,000,000 This is ex pected income tax. Protection cut cent. in of food m plement turn be cut by Heaviest stuffs, agricultural and cotton cloth Duty Cuts in Detall. Underwood's statement ALEeSs bread, ore, swine, imple rails, fence hoop and tannin acids, ng or wheels, posts, shingles. taken Rough precions items are and taxed fo ds furs, coal to be made up by the throughout effort the steel an Protectio cost and would in } a margin reductions upon food oducts, woolen in detail continues mical schedule the rates on certain c modities show reductions. For is cut from 78.70 cent, glue 14.29 per cent per cent. to 25 ductions have been preparations, which per cent to 15 per cent, 6 per cent rom per oil from 05 per cent. The & number of articles on no iction has been m vance provided for “Rates on all brick have been the average from 30.23 per 10.28 per cent. tile from 47.84 per cent 23.28 per cent. asphalt from 87.05 per cent. to 9.62 per cent. Or dinary earthenware, which was al ready relatively being subject to an average duty 24.67 per cent has now been cut to 15 per while window glass has been gly average reduction from 46.38 per cent which may om heavy instance, per cent, to 21.43 Parse ar ng irom 340.06 per per and red lead from cent made are Moderate ree per on ‘medicinal from 26 blacking from cent., drugs 10 per cent. per schedule cut to 15 per to 35.18 12.56 cent nd olive cent, to 1 contains either ade or an ad which red cut on to cent to al low, of cent glasses of to 28.31 per cent be considere. & luxury, still retains a duty of nearly 40 per cent, the average being 38.45 per cent, in place of the duty of 63.95 per cent. in the law Pilg Iron and Forgings Hit. “Pig iron and glabs 16.356 per cent. and 17.79 have been cut to 8 per case; beams, from 23 per cent, and forgings cent, to per cent hand, bleycles, a much manufactured product, 25 per cent. as against 45 per cent, and razors at 35 per cent as against 77.68 per cent on all Plate glass cent from On the other 15 the free list for the unmanufactured preducts has been conception, while the effort has been made to Improve the status of the manufactured lumber. Thus, sawed boards, other than cabinet wood, have been carried to the free list, while sawed cabinet woods, which were 12.76 per cent. in 1912, are now 10 per cent.; casks, barrels, ete, which were 30 per cent. are now 14.77 per cent. and house furniture, which was 35 per cent., is now 15 per cent. “Tabacco and epirits have been found to be good producers of revenue and kave, therefore, been left at the same rates as in the present law. Would Reduce Cost of Living. “In the effort to relieve the consum- ar and to mitigate the high and rising cost of living. schedule G, which deals with agricultural products, has been thoroughly revised and important re- ductions have been made. For in. stance, the duty on horses has been reduced from 20 per cent. to 10 per cent., cattle from 25.07 per cent. to 1f per cent, sheep from 16.41 per cent to 10 per cent. barley from 43.06 per cent. to per cent, macaroni from 34.25 per cent. to 23.51 hay from 43.21 per cent to 26.67 cent, fruits from 27.21 per cent 16.38 per cent, figs from 51.53 per cent to 42.10 per cent, per cent. to 24.03 per cent, live poul try from 13.10 per cent. to 6.67 pe: and vinegar from 33.03 per cent to 17.3% per cent. Other changes are in proportion, and the general effect 28.07 per proportion the heavy taxes upon lm ported foodstuffs General Slash on Cottons. “In schedule I, dealing with cotton, comparisons of the principal items show reductions on cotton thread fron 31.564 per cent. to 16.29 per cent] on spool thread from 22.95 per cent ¥ 15 per cent on cotton cloth from 42.74 per cent. to 2688 per cent; om water proof cloth from 50.56 per cent to 25 per cent.; on ready made cloth ing from 50 per cent 30 per cent on collarg and cuffs from 64023 per cent 25 per cent; on plushes from 51.480 per cent. to 40 per cent or handkerchiefs from per cent, ‘tc 30 per vent ings, 75.31 per on gloves fron ww bi ¥0.17 per per cent. on un derwear cent. to 26 per damask from 41 to 25 per cent 10 10 on per cent. to 35 SLOCH cent cent from 60.27 cent, and on cottor oem “Flax. hemp and their products have been similarly ealt with law fax and raw hemp have reduced from $22.40 and 322.50 toe $11.20 been cut from 26980 per per cent 6.43 per cloths for to 15 per 50 per cent. ft per been per ton, respective have to 1f from oll each: jute yarns cont cordage per cent. 44.29 ndkerchiefs es and 4.56 from cabl cent i floors per cent cent ha from per cent How Schedule K Fares. “Schedule K ng with woolen m tures, has wools heer aeail and anufa the and given it careful study I'he result has to make f duty duce per center of criticism for many vears the committee has very beep to re 20 raw wi yarus from cent to per cen or 2.68 per cent to per cent: flannels from $3.29 per ent to dress goods cent C vr and 35 per cent from $8.70 per cent to per lothing from 7956 r cent te per cen webbings per cet from in the rates factured goods 21.01 per cent silk varn fron cent; sewing per cent cent per « to ik yarns from and cent per braids, embroideries and the lke of gilk 10 cent artificial en from 68 49% per cent per Print Paper on the Free List, “Print paper of profine as low intry it 18 anywhere transferred te whose cost tion is favorable in the world has beer the free when pound, while in this under sees itinne ¢ CONGitIOne ALE con list wort} less thaw the higher tariff of 12 per 21 “72 cents per grades have been given a per in p 15.80 Copying paper has heen cent lace o cent cut from 42.22 per cent to 20 45.52 per cent, bag cent ¢ iopes per per pa pet 45.12 pes wrap 25 pet te env ete, from per to cent, parchment papers from 47.92 cent to photographic ae 38 per cent ner 4 " £ I from 28.68% per cent to cent, writing from paper a8 Ler common «v0 per cent ping paper from 35 cent and books 15 per cent Jewelry Only Slightly Reduced. “Jewelry has been only duced, falling from i4 per A good illustration of adopted with respect to the application of the tariff is seen in the {tem pre which are given a rate of 10 per cent notwithstanding they were on the free list under the act of 1506 Where the tariff difference In cost home and abroad, including an allow ance for the difference in freight the tariff must be competitive, from that point ard to the tariff that levied will continue to be competitive to a great er or less extent ‘ Strikes Blow at Monopoly. “On the other hand, when the duties levied at the custom house are high enough to allow the American mang facturer to make a profit before his the field, we have invaded the domain of the protection of profits. In the committee's judg ment the protection of any profit must of necessity have a tendency to de stroy competition and create monop oly, whether the profit protected is reasonable or unreasonable “Which course is the wiser one for our government to take? The one that demands the protection of profits, the continued policy of growth for our industries-—the stag: nation of development that follows cent f« per cent to from 25 per cent glightly re cent te 60 the ner I cent sl + A attitude wiouys stones uncut rates balance of the production at rates and lowest downw can be competition; where he must develop his business along the best and most economic lines; where when he fights at home to control his market, he Is forging the way In the economic de. velopment of his business to extend his trade in the markets of the world The future growth of our great indus tries lies beyond the soas.” oy COMMERCIAL Weekly Review of Trade and Market Reports. Dun’s Review says: “The general trade outlook continues very satisfactory, although conservat ism in all branches iz manifest. disastrous floods caused more or less interruptions to transporting and dis tributing agencies, but as these are restored a returm to full normal activity is expected. “March bank clearings were 2.4 per cent. less than last year, though 5.1 per cent larger than in 1911. Rall road earnings during four weeks of March, on the other hand, made the important gain of 7 per cent. “Building operationg are generally active, Winter wheat conditions are axcellent” Bradetreet's save: to the WER, with a tendency repression, is of trade ad: trade has im that returns generally and “Irregularity, ward more chief characteristic It is true that retall sd somewhat, and the Northwest parts of the Southwest show activity, but, on the other hand, the situation In the South, as weil as In flood- stricken areas of the West, is such as to curtail buying, while In the East there ig a disposition to porarily mark time “Wheat, from for or less prove from from Lhe tomy including flour United States and Canada week aggregate 4.081 478 against 2.421 452 bushels this last vear™ exports the the bushels week Wholesale Markets NEW YORK Ww No. 2 red, $31 11% ¥ f ob afloat; N rthern Duluth f ob afloat May, 983%,¢; July September ABR Bonded May and July closed 98c Lorn Spe firm ; afloat Oats—8Spot firm 40c; No. 3, 38@3% 2834c: natural heat Spo eval yr €XP0 sian Be: 2 white, 3RG 40c 545 @41c Rather easy; receipts crealnery exiras 34c; packing sacking stock, cu clipped, Butter tubs; firsts G 24% No. 2, 2314 @ 24¢ Eggs —Fres} fresh fio gathered extras gathered, storages 18% @ 15¢; fresh-patherad Arsts North thern, 17% arly © 1% prime, 15% ¢ 1243 15¢ packed do. Sou gathered checks undergr Pennsylvania whites, good 21c ades, checks, and inrge nearhs tlre, Dres Quiet ed fowl 167 ry 1 a frozen 156@ 25% live, in uiar nearby Western 1814¢ PHILADELPHIA Ye No 2 red, in $1.02€0102 Corn local, 80¢ Potatoes cholce Wheat expe Firm. No 2 Pennsy per bushel, 6 New New York, fair u WR 60¢ Florida, new Fasier R&T 724 ow fe Wheat $1.07: May, $108% prices, No. 2 red Western No. 2 red, $1.07: No. 3 red steamer, No. 2 red, $83, Corn--Spot and April tiing price for contract, § er mixed, 53%c Oats-—-No. 2 040% ard white, 38, @38%ec;: No 3 No. 4 white, 36% ¢c asked Rye, Western, 854 70¢ 556 6c No. 3. a hlc hog 60c Bag lots of near as to quality, 5547 65¢ Hay- vould visit W. L. Dougiss large facto. ries at Brockton, Mass, and see for yourself how earefully W., L. 1 ine shoes are made, you would then understand why they re Whttambed to fit better, look better, hold thelr shape and longasr than any other make for the p ny. L. Dotigins shoss are nod for in your dire from the factory and save the Write for book saving chicks, Send us pamel of ¥ friends that use nen bators and . Radsall Remedy Oo, i) Al L CIRCULARS Fon EEE WwW. N. U, BALTIMORE, No. FADELESS D 'WHY INCUBATOR CHS Dl Bladder 16-1913. OMPANY,