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New-York tribune. (New York [N.Y.]) 1866-1924, November 29, 1893, Image 2

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thirty years Free Trade Democrats have steadily
pointed to tho "Walker tariff" of 1846 as' a clear
and shining example of "a tariff for revenue
only," and they have as e*dr-_tantly and steadily
declared that that Was the Sort of tariff they
would make as soon as they should have the
power to control revenue legislation. But that
ls not the sort of tariff that Chairman Wilson
-"_ and'hls colleagues recommend. They place wool
- oh' the free list and impose a duty of 30 per
cent and 35 per cent ad valorem on woollen
yarns; the Walker tariff imposed a duty of 30
?; per cent ad valorem on unmanufactured wool
ind ik per cent ad valorem on woollen yarns.
.. It alto imposed a duty of 30 per cent on all
?iigar_; and the majority of the Ways and
Ileana Committee leaves raw sugars on the
free list and reduces the duty on refined sugars
to one-fourth of a cent a pound, which ls equiva?
lent to an average ad valorem duty of*less than
8 per cent. A duty of one and one-half cents a
pound, which is equivalent to an a vera ce ad
valorem duty of about 47 per cent, ls imposed
on cleaned rice, and the duty under the Walker
.tariff was 20 per cent ad valorem.
Among the articles transferred to the free
list by the majority of the Ways and Means
Committee are the following, which were dutia?
ble under the Walker tariff at the rates herein
mentioned: Boracic avid, 20 per cent; sulphuric
acid. 10 per cent; ammonia, 10 per cent; anti?
mony, regulus of, 20 per cent; bristles, 5 per
cent; burr stones, bound into millstones, 10 per
cent; camphor, 23 and 40 per cent; bituminous
coal, slack culm and coke, 30 per cent; copper,
old and in pigs, bars or ingots, 5 per cent;
copperas, 20 per cent; hemp, 30 per cent; tow of
flax and hemp, 15 per cent; apples, green, ripe
or dried, 20 per cent; flax, unmanufactured, 15
per cent; hair, curled for mattresses and beds,
20 per cent; hatters* plush, 20 per cent; hides,
raw, and skins of all kinds, dried, salted or
pickled, 5 per cent; lard, 20 per cent; bacon,
hams and pork, 20 per cent; mother of pearl. 5
per cent; nickel, 5 per cent; ochre, sienna and
umber earths, dry, 30 per cent; quicksilver, 20
per cent; rags, 5 per cent; rattans and reeds,
unmanufactured, 10 per cent; building stone and
rotten stone, 10 per cent; Epsom salts, 20 per
cent; skins, raw, n. o. p., 20 per cent; soap, n.o. p.,
30 per cent; tallow, 10 per cent; tin in bars,
blocks or pigs, 5 per cent; blue vitriol, 20 per
cent; wood unmanufactured, 30 per cent. The
duty on pig iron, which was 30 per cent ad
valorem under the Walker tariff, is fixed at
22V_ per cent in the pending bill.
THE METAL SCHEDULE.
The rates in the metal schedule, especially that
part of it which relates to manufactures of iron
and steel, the majority of the Ways and Means
Committee has punished about as severely as it
has those in the woollen schedule, lt is well
known that many of the rates in this schedule
were reduced by the act of 1890 as low as was con?
sistent with safety, and all of them were brought
Into proper relations with one another. Not only
have the correspondence and equilibrium of
rates been disturbed and in many cases de?
stroyed by the majority, but in a great many
cases the duties have been reduced so low that
the manufacture In this country of the articles
to which they relate will be impossible without
reductions of wages to which the workingmen
will never consent unless driven to do so by pri?
vation and starvation. In this schedule, as in
the wool schedule, the safeguard of specific rates
has been virtually swept away. What Is true of
the metal schedule is true in a great degree of
the schedule of linens, glass and pottery and(
eeveral others.
Mr. North, in another column, has called at?
tention to the fact that specific rates are re?
tained in the cotton schedule (although the re
duetions in many cases are so heavy as to in?
jure tbe manufacturers and workingman us
well as the "consumer" and the National Treas?
ury), while in the woollen schedule they are
abolished. Probably Mr. North did not stop
to consider that cotton manufacturing is an
Industry that is firmly planted and making
rapid strides in several of the cotton States
(especially in Georgia). which are represented
in the Ways and Means Committee by Messrs.
Turner of Georgia, McMillin of Tennessee and
llreckinridge of Arkansan. Mr. North also al?
luded to the fact that Mr. Stevens, of Massa?
chusetts, who ls a manufacturer of flannels as
well as a member of the Ways and Means Com?
mittee, has succeeded in having the kind of
goods that he manufactures placed under the
highest rate in the woollen schedule, along with
other goods which it costs much more to produce.
In addition to these facts It is noted that the
duty on encaustic tiles, decorated, is reduced
only ll per cent, as compared with a reduc?
tion of 25 to 40 per cent on other articles em?
braced in the same echedule. The manufacture
of encaustic tiles ls an important industry in
the district represented by Mr. Bynum. of Indi?
ana, who ls a member of the committee. Mr.
Tarsney, of Missouri, who is also a member of
the committee, represents the Kansas City dis?
trict, in which the smelting of silver lead ore
is an important industry, carried on by a rich
syndicate, with whose operations Mr. Tarsney
is understood to be rather Intimately ac?
quainted. The ores that thi3 syndicate handl*
are of Mexican origin, and will be admitted
free of duty if the recommendation of the ma?
jority of the committee is approved and enacted
Into law.
These and other facts relating to details of
the bill may seem embarrassing to some of
the members of the majority, but there ls, of
course, no reason to suppose that their action
has been influenced in the slightest degree, much
less controlled, by local considerations or an
undue regard for special Interests or industries.
. The fact that Mr. Whiting, of Michigan, has
consented that a number <>f the most Important
Industries of his State shall be sacrificed on
the altar of "tariff reform." and that Bourke
Cockran, to say nothing of Chairman Wilson,
has consented to the same thing, ought to bs
proof enough that the majority of the committee
has not been and cannot be swayed by locul
considerations or undue regard for industries
in which they might be supposed to feel eoeclal
Interest.
BO.'KD TO CRUSH THK WOOL GROWERS.
WHAT TIIK THREAT OF FREE WOOL HAS DONE
TO A GREAT AMERICAN INIHSTRV.
Pittsburg, Nov. 28 (Special).-I. W. Jones, of
Washington County, a heavy wool-dealer, was
asked his opinion aa to the effect of a free-wool
schedule In the greatest wool-growing district of
America. The veteran wool-buyer, who is a Demo?
crat, said: "The leaders of the Democratic party
seem determined utterly to ruin thin great Indus?
try. I have been engaged In the business of buy?
ing wool for thirty years, and every reduction
of the tariff, threatened or consummated, has in?
fluenced the price of wool adversely. The senti?
ment of the Intelligent wool-growing Democracy
of Washington County I find to run strongly In
favor of Protection. I know of no better Instance
to cite than Samuel Noble, of Donegal Town?
ship, tbe largest individual wool-grower of Wash?
ington County. A year ago he was strongly of
the opinion that free wool would be a benefit to
the grower, resulting in better prices. He now does
not hesitate to snnounce that he was laboring un?
der a delusion and does not want any free wool
in his. Mr. Noble sold his '92 clip of 6.000 pounds
at ?8 cents a pound. I have Just sacked his '93
dip, containing the same number of pounds, ut 21
cents a pound, a loss tb Mr. Noble of 1420 as com?
pared with last year. Mr. Nobles sheep produce
on. of the finest delaine-merino clips In the county.
He ls one of the most progressive men In the
business. His thousand sheep are tn splendid con?
dition, snd he avows an intention of keeping them
all, being fully satisfied that the suicidal policy
of the Democracy will aoon be overturned and
the tariff on wool restored. Wool similar to that
produced by Mr. Noble ls to-day selling In the
London market at 16 to 18 cents a pound. It costs
il much to transfer his clip to Boston as lt does
to bring a limllar quantity from London with
free trade In actual operation. 1 estimate this
year's clip In Washington County to be but llttl<
over 1,000.000 pounds. On the clip of 1,000.000 pounds
the growers of Washington County will sustain
aa average loss of 7 cents a pound, aggregating
ITO.000.''
viewing tbs nutter from s political standpoint,
Mr. Clones said: "If the Democratic leaders In
Congress succeed in passing their free wool bil) the
effect on their party in this section will be most
disastrous. I doubt not that three years of such
policy will make it Impossible for them to carrv
even Ore.ne County."
MARYLAND'S COAL INTERESTS END AN.
OERED.
Baltimore, Nov. 2S (Special) -Dispatches from
' Cumberland, Prostburg, Piedmont snd other points
tn the soft coal region state that the miners are
greatly distressed over the proposed removal of the
duty on coal. The thousands of workers realize
that With coal on the free list the great soft coal
.' mi-dag industry of Maryland and West Virginia will
' ht nearly paralysed. Th* tariff bsa gtven these States
, S large coal market. Without lt the coal operators
lust lose heavily and the workmen suffer a reduction
,-i wages. The miners here and ut every point
In the region ere very bitter against Congressman
in wages. The miners here and ut every point
In the region are very bitter against Congressman
HcKaig. who told them that coal wouldT be pro
CtMhesa ul (tm csroMneS with ont of tko Lost
teAtriei fepar.l-.li Winn lam, under U* iinlver-sllr tantra
B+onotJtopnui'vyHla*' tb* -,*0* ***** ef ionics.
, i JA RA pelsdpel (Lregctrts.
GIVE THANKS TO-MORROW
AND EVERY DAY
That at HIKER'S Money Saving Dnw Store
the Poor, as well as the Rich, can afford to
alleviate the ills that flesh is heir to. That
there is one IJroad Gauge House in New
York where no Com:riis>ion.s are paid on
Doctors' Prescriptions?to come out of the
People's Pockets and add to the burdens of
illness. Have voil a cold ? Folks dq MJT
that RIKKR'S EXPECTORANT if thc only
remedy that Coughs and Colds are really
afraid of. Only 60 cts. a bottle, remember,
and your money back if it fails to cure. Of
your druggist, or at
RIKER'S,
6th Ave., Cor. 22d St.
_SCtSQ- This disturbance will result In delcfntlons
from the mining districts of Allegheny and Garrett
counties visiting Washington this winter armed with
protests. John Wilson, an exi-nslvt* miner rind
shipper of soft coal, sav.i that the placing of BOf.,
coal on the tree list ls au outrage, and inc result
will be mom disastrous to tin- coal trade nf th.*
countrv. and especially that of Maryland. Mary?
land soft coal has been driven from several Sea
bonrd cities l.v competing road:-, notably from Nor?
folk by tho pocahontas output carried there by the
Norfolk and Western Railroad. The principal sales
now are in the New-England States, and If coal ls
put on thc free lint Nova Scotia will cuni" in compe
tltion with us In those States. Thc opi raton arc
now paying miners _*> per cent more wagra than
thev did when there was no duty on coal. The first
Slag the mine-owners will uo will bc to redact
wages. _
EVILS OF TUE WOOLSCHEDULE
A BOSTON EXPERT'S OPINION.
LIKELY TO WOltK A COMK-BTfi THANSKOHMA
TIOX IN THK IXIJUSTRY AND IT.OVI*. A STAG?
GERING BLOW TO MANUFACTfltKRS
ITS IXC0N6I8Tr.N-Cir*-*j POUITED OUT.
(ST 1S_M-_-M to THE 1SIBUS-.I
W*a_h_ngton, Nov. 28.?In response, to th" request
of a Tribune correspondent. S. N. I>. North, of
ttoston, whose knowledge of the subject ls uni?
versally understood and highly respected, has pre?
pared a statement In which he rays: "Thc wa.nil. n
schedule will be a startling shock to every one
engaged In that manufacture. Free wool was of
ccurse looked for and ls much regretted, but free
wool means a complete transformation of Um in?
dustry, the relearning of the who!.- bu-<ln>:-s. and
the re-equipment of our mills. I'efore the dom...sile
manufacturers can adjust themselves to these new
conditions under these proposed rates of duty the
foreigners will have had opportunity to possess
themselves of the domestic market. There will be
an interval of a year or two In whl.h they will
have things a" their own way In this market, are!
in the meanwhile I anticipate that a considerable
percentage of existing machinery will retire per?
manently from business In despair at tlc future
prospects.
"The complete wiping out of the spedllc duties
ls, of course, the most deplorable feiitur.- of thc
schedule, lt ls the more striking lu its dlscriium.i
tion because of the general retention of specific
duties In the cotton schedule. The total redaction
in the woollen schedule on this account ls much
greater than appears on the face, and Cannot be
measured even approximately In figures Eta! it li
safe to say that it will equal fi. per cent upon the
total Importations of the fiscal year IM, whici*
would mean a loss of revenue on woollen goods,
and not counting the $8,(XXi..|00 of revenue from
wool duties of 1211,500,000 on the same volume of Im?
portations, But '??'course the Imports ur..br such
a schedule would Jump nt once greatly, even
without a revival of general pi asperity, and
probably to an extent in the tirst year which would
mean a loss of revenue fully $r>.0*?."?>) great, r than
above calculated, or $28,000,000. The woollen sched?
ule ls not ss good for the manufacturer as was
the Mills bill, with Its uniform duty of 40 per cent.
but it is In some particulars an Improvement on r
the Springer bill, and In others lt ls d added ly
worse, lt ls especially hard on the carpet manu?
facturers, reducing the duty on all but the viv
high-priced carpets to 2.*. per cent. This looks lik*
a special drive at Philadelphia, which will -ofTer
incalculable loss If such rates of duty ever bCCSSM
law.
"Another branch of the Industry especially singled
out for slaughter ls the manufacture of paper
makers' felts, which are put under a duty which
runs from 25 to Rt per cent, and will not average
over 30 per cent. The knit-goods Industry ls also
struck a blow that will stagger lt. The bill Basket
the extraordinary blunder of Introducing dividing
lines of value In the yarn and blanket an.l flannel
paragraphs. Why this should have been deemed
necessary In a tarin! that ls wholly ad valorem In
Ita duties cannot be explained. It puts a premium
upon undervaluations and will be the source of
Incalculable mischief. The duly on yarn* valued
at over 40 cents a pound ls Si per cent, while the
duty on all cloths made from those yarns ls only
40 per cent. American manufacturers will be aghast
at these figures. The weaver is obliged to tak- all
the risks of business, to Incur all the lossei* arising
from defective workmanship, and yet he is allowed
a margin of only 5 per cent over the yarn manu?
facturer who encounters hone of these risks. The
bill might allow the yarn manufacture to continue
here, but makes lt impossible for that yam to 1*
woven at a profit. The framers of karore stridently
unaware of the true relationship between .|,it!i?.
and lt ls amazing that Mr. Stevens, who ls a prac?
tical manufacturer, should ever have given his
consent to a schedule so disjointed.
"Fortunately the duty on all cloths ls mad" uni?
form. This duty of 40 nor cent ls Disced on the
figure that has been In the Democratic mind cine*
the Mills bill. It is a figure which nu .ns ruin to
a very large branch of tbe American wool manufac?
ture?that engaged In producing cheap goods for
the masses, loreign makes, of which hnve been ex
eluded from our market by the w it-la duty. Trot
wool will be of no great advantage te these manu?
facturers, while, on thc contrary, they will hnve
to contend with a duty of l"? per cent upon shod ly,
mungo Hnd all th'* waste*- utilized so successfully
by the English manufacturers in th. production of
this class of goods. And they are allowed
no compensatory duty to offset this de?
mand of an Important frr- raw material.
English manufacturers are now making
these cloths at considerably lews than one-half the
cost to make them here. An bas been proved be?
fore the Ways and Means Committee, un excep?
tionally large proportion of the difference In cst
as between these and fine goods J* in labor, al?
though the English have acquired an expertness In
the utilization of rags and revamped (lores which
lt will require years to approximate i.i this countrv
If this class of goods is to continue to be made
here under such a tariff, there must be nu Imme?
diate reduction In current wages of not lem- than
I'i per cent from the rates which prevailed a gear
a;.-o. Manufacturers fear that such a great reduc?
tion In wages will make lt difficult. If not impos?
sible, to equip their mills with Intelligent help,
lt ls certain that the goods which will flood this
country from England under such u tariff will
be of a vastly Inferior quality as compared with
the product of American mills now worn by the
masses of our people.
"The worst section of the woollen schedule is _?i,
covering blankets, hats, flannels, etc., and contain?
ing three rates of duty at 2.'., 20 and TI, per cent sd
valorem. This is a close approach to the ***-*e-trade
tariff of 1857, which was particularly disastrous In
Its effects upon the flannel and blanket manufact?
ure. The percentage of labor cost in the manu
facture of these goods, under 40 cents a pound In
value, ls quite as large as In the more costly gradi s
the difference In prices being almost wholly .iu.
to the use of more expensive stock. The only ob?
ject and effect of this discrimination appears to be
to make it peculiarly iii.';'..-ult to continue the man?
ufacture of the cheaper grades of flannels and blan?
kets. I hsve great respect for Mr. Stevens, and
cannot explain his action In approving a bill which
makes a duty on the particular ciuks of flannels
which he manufactures?those used for dress goods
?higher than upon other flannels, and equal >,, thc
Ringing Noises
In the ears, sometimes a ring?
ing, buzzing sound, or snap?
ping like the report of a pistol,
are caused by Catarrh in the
Head. Loss of smell or hear?
ing also result from Catarrh,
which may develop into Bron?
chitis or Consumption. Mood's
Sarsaparilla cures Catarrh by
thoroughly purifying thc blood
and building up the entire sys?
tem. Get Hood's, because
JfepdV^fCures
VtmoA*o Wnw cure liver Ills' sick head?
set^ Jauadloa. indigestion. Pk. Try a bos.
hlrrhc.it duty chargeable upon any line of woollen
or worsted fabrics. It ls a well-known fact that
the labor coal of his goods ls much less than that
Of worsted suitings and dress goods, yet he pro
poaee to treat them exactly alike.
"Some little consideration for the woollen manu?
facturer ls shown In thc provision Inserted arter
tb.- bill was printed, whereby the new dutiee on
woollen goods .lo not im Into effect until July 1.
while wool beenm-s free OH Mareil 1. Hut tbe In?
terval-three months ls altogether too short to per*
I mit of OUt revival of Hr.. WOOl manufacture In the
' meanwhile Not lass then six months was required
I t<> enable msjaufacturers to adjust themselves to
I a fr ?? wool basis, with .'inc chance Whatever of es?
caping a large pecuniary lOSS "H every yard <.r
[ their product. Neither is lt p.'risible to ci;.Iain why
I thc bill should provide for the gradual reduction
of all thc woollen gooda duties st the rate of l
per cent a venr. until they reach ;'.. per cent ro?
th.' highest rate, No such provision appears on
di h. ? th- cotl ri or silk schedules, where the high?
est rat.s are m and SO per cut respectively. It lt
an Incontestlble fact that the wool manufacture
requires hlghc- duties than either the cotton or
silk manufacture; aad this provision ls only one
evidence of manv revealed in the schedule, thal
thc commit tc has .bait with tlie woollen industry
In a peculiarly vindictive spirit."
TARIFF CHA NO ES DREADED.
BUSINESS MEN DISCUSS TUE 1VII.S W WU..
PlTTSaUHO non MANrF..<Trni:r.K CAIX it_fa
kAtical ani> mu TALr-i'i'oiiAKi.K rnracT
OP THK JIKA.*-! Kia OM Till: MINNE?
SOTA IRON OPK INHSTItY.
Cleveland, Nov. 28.?As a matter of course, the
btu presented to Cong-res. f..r the reduction ?.f the
tariff has ta USC ll comment and much f> -ling In
Cleveland. Regarding this matter. Janies r.rrl
gaa, of thc lirm of Corrigan, Ives & Co.. sahl:
"Iron ore on thc free Hst? If they do anything
of that kind they will simply close down all the
mines In thc ountry. We have four properties on
tlie OogeMc range now that have ben closd down
owing t.. threats <>f this Und. Then there are the
i' MOS, I'rlnce of Wales. Iluffalo and South Buf?
falo mines on the Marquette Rangs. Th.y are
shoot to eU-PSnH operations for thc same reason,
an.l tin- properties on the Messes Range win also
close down If ore is put on the frc* Il*t. only for
the fear the mine owners entertained regarding
this propose.! legislation wc would bc stocking our
piles this winter as WO did In years past, and these
thousands <>f starving famiii-s would have em?
ployment. Hut. as lt ls now, thc operators are
afraid to do anything. They would not din: go to
th_ expense of stocking their ore pll-s without
knowing that there are some prospects of lin.ling
a market for their material. And if ore ls put on
the free list matters will bc still worse, for we
cannot compete with tiic foreign shippers."
John 'i'o.l.l, of the firm of Todd, gtSmbSttgh *
Co., said: " I'ig iron, 1 think, tau stand a cul ot
$3 or 14 a ton."
Oeorge H. K'.y. president of the Western Iron Ore
Dealers' Association, said: " I h:ive been expecting
lt right along. Of course we are hostile to such
legislation. We are threatened with tremendous
disaster. I could not exaggerate it if I would.
The West, in Iron or.' j tan fie Him alone represents
the production of the four grotu Lahe superior
districts?the Marquette, the Menominee, theOoge*
Mc, and the v.rmiiiioii. Th.- Lake Superior on
product last y.-ar waa ?,07(.o") lons, and lt was
almost three-fifths Of the Iron ore mined in the
t'nlted Stales last year, which cam- down over
th..*- lair, s into Lake Michigan ard Bria a'i I wei;
into the pig ir .n production. The different ? I ? -
tween the iron ore trade >.i laat fear nnd this
year's production wUl be about i.'?-.'??. ton*. Thors
la no in uk"; for iron ore. The Cleveland dealers
? . . r ri,,. ;? h a Ullin; ..* an otf.'r tor ore. thai
ii, unlea they wish to give it away Thc t' .
is perfectly paralysed. And vi '?'::?? ???< la thli ca
means pani ila ..t about WO producing iron ore
min. in tho ? fo rr d tricl ll Iron ore ia put
? ?ii the fr..- i!s: matters will ba ? -111 \>..rse. i
spoke be) -ri- the Ways and Meena Committee aad
laid this matter before them in statistical form, as
.lid ether gentlemen, but it seems '.> have done no
good, it will i.e an outrage oa our urorhtngmen to
put lr.il ore ,,n the free hst "
Pittsburg, n.v .* Harry Vi. Oliver, >.f the
Oliver lr..n an! Meei \\'ork?. oral tah I lust night
hi-i opinion of tha proposed tar.ff legislation. Mr.
Oliver Ml l:
present prices sn below rest ihe reduction
on pla Iron, steel rails, steel billets and bar Iron
mu.*; bi i...ri..' i ? lab ? and tr* .*. hi '? he n
ls a drastic ona and th.- authors appear alm<.-t
fanatical in their work. The change t.> ad valor* n
duties i"1 Indefensible i ndervaluations, 11!*<- in
volces, .iirf.-r*m appraisements ut different pori*
of entry, u'l combine to breed ?. rare ..f dish
Importers and rr. kc 1 a?iness unM?t.!.- Meking the
bill t.ik.* affect March 1 ls simply brui .: ,.?
: to lestroj/ what little huslne*-i we have
Th" act should ti.RC effect ii y**r hence aird allewr
bunin.- * to SCCOn nioilate Itself to the i,.w
ditton."
Mr. oliver w.i* chairman >.f the '..mmlttee on
;:. lolutlons st the National It-publican Convention
of :?**
B. I-- Jonea, Um Iron rnuimf_etur?r m.I ex-rhair
mun of tbe Republican National Committee ?ui I
that th.* effects of th<- proposed Tariff I. il. if en*
acted would iv.- worra than thora of the sci ? '
1M_. Wages would fall greatly and tl.- general
prosperity mu.?t necessarily snare their decline
people would ha-..- t> leave the manufacturing
centr*-. In the cities and seei* to sara I hw III:.. I
by cultivating the earth. The pr.-i?.t.-A duties on
Iron and steel products would nol be sufficient to
Tle.ce our l.ilcr ???.: .. |.nr '.vlth the forelgB work?
man, and our maaufacturera would be driven oul
of tb.- boase ara Only about ons third ol tha ir.ri
and steel workmen arr,- employed, and man of
these would stop work If the bill wus pa asea. lt
was nonsense to wy thel the manufacturers sad
th?ir employes w.-r.- alone affected by the tariff
l.'Klsl.itlon. The lawyer, storekeeper, physician.
farm..-, all had a vital interim in it, as th.y nil
would suffer or profit accordingly a* the nimufuc
turlng industries were prosperous or otherwise.
I BEDOOMED To FAILURE.
BOSTON BfrtlBBBB min OM Tin: niav TABJTB
n/i.i. indi'*, m.minaik pi rna i
itoston. **fnv 2*1?Colonel Albert < i irk. seers tary
of the Home Market dub ays of the n-w T,,t Iff
bill: 'The true principia of any protective tnifT
ls lo protect everything that is subject to fordon
crmpetltlon. Th.* true principle "f any revenue t n -
Iff ls to have no duties whatever U|>oii coy for* Ign
product that competes with .? domestic one. This
Democratic bin is nol baaed on either ?.f thees
principles, nor upon any ether principle that i caa
discover, but rather upon the polley ..f discrimina?
tion against ?.ome sections ia lavor of ether *
lions, and -.gainst some Brtlclea In favor of other
articles
"The Democrats I i.e missed th.ir gr-'iit oppor?
tunity. If they ha.) believed in | rote-Hon they
should have paaaed a joint resolution to tint effect
early in the spacial eeaalon, so as to reassure the
people an.i help induatrti io recover fr.un th"
paralyela which had com. upon them, if they hud be?
lieve 1 in frc trade thi v llKMjM hav- modelled a bill
after that of the llrltish tariff, which ls effectual
for revenue, but destructive of general Industry,
ami thus th. v \ ..iii have appeared to be at \-,n
consistent, anil mlghl have pretended t> bs li. the
Inl Teal ..r int masses agalnal thc .ia*.*.--*, whether
this mongrel product becomes a law or not, they are
r..r. .loom,,i t<> failure, either by its rejection In
Congress or overthro*. lc tue people, lt la n.ltb- r
tish. Mesh nor fowl. v. hat th. people ..i the United
Unites moat desire abort nil think-"* ls a scientific,
equitable and truly National Industrial polii . "
Mr. Pierce, ?f tin tlrm of s s. Pierce & Oo., rail
to-day: "The general change from specific lo ml va?
lorem linties ls a plain retrogade movement lt ks
a great mlstaki and Will coal the Government much
mor.- to collect than the specific duty. Under the
ad ralorem duty the Trcaeurj Deeartmenl employs
a small army of Inspectors 'uni other iiflJIelnls to i .
amine Involee antrim to guard agalnsi fraud, for
whbh iben- |a a gn at chance under this ayatem.
"Now, a great many foreign houses have agents
resident In New-York. The-,, agents <. value the
Invoices at Just what they please. Hers ls a chance
for frau.I. ll cannot bc auld that an ail valorem dirty
will always work to the Increase of 111 to thc con
sumer Still, In many Instances lt will. Take, for
blatant e. the case of sardines. This ls ihe only lt >m
1 have so far figured on. It nc ans an Increase in
duty. If chanped from the specific to the ad va?
lorem schedule, of il M a case. The so-called Amer?
ican sardines arc not sardines at all, mil tivy .lo
not compete with the Import. I fishes. This is only
on" Instance -.
"I think that moccaronl will nc Ihe MUM wn?
"You r*ce, the men who malt- Hies. Mila fcr.o-" little
of business or what tin bustnees men want. They
cut and slash, and then flnd out that In many cases
they have Increased rather than re.luce.!."
wii.i, kva'A' Tin: FAcToi-iKf* CLOBBD,
Little fella, N. Tm Nov. 28.-Titus "heard, thc
largest mill owner in Little I'YIl*-, ?uvs that th.
n<w wilson bin. if it becomes a law, win aol cause
him to open his mill. Ile believe-* the bill will k en
all the factories chisel.
IT MKANS thi: ci.osinc OTCARPRrT MU.I.S.
Amsterdam. N. V., Nov. 28 (Ipeelal).?It hus l??n
hoped thal as soon as th" nev. Tarts bin v.a* pre?
pared, S. Sanford A.* Son.*, the bl-, carpet B-USU
facturers, who employ nearly ::.i*Xi banda, COIlM de
teruilii" v.h'ii they v.i.uld stnri np their .nib*.
In an Interview to ,\.iy. Mr. ?anfOTd said: "Wc are
unable p, say anything about starting u,>. The
democratic bill plucen _*. per cenl ml valorem duty
on oarpeta. lt mca-is annihilation of tv,- careel
manufacturing in tbi* country. I am overwhelmed '
nnd sea no hope except In the possibility perhapi or
the Itepubllcai'.s preventinr this Democratic Lill
to redu<'e the wugc.i of the workpeople to the
English standard."
James Shuttleworth, of thc tum of Shuttle-vorlh
Brothers, carpet manufacturers, said: "If that part
llullilay ?ifli of
Mint* fine ! ur,illari,
Ari' greiUy sj>, rant-it.
COLGATE & CO.'S
1806 LAUNDRY SOAP.
.'oryearn .?-..liMivciy imc.i by the lies' Mmllies.
of the Tariff bill that applies to carpets ls passed
lt mean* a reduction In wages of 50 per cnt, ana
a cutting down in the valuation of property about
"Knit Broods manufaStursni say that the ad valorem
duty will be of no benellt io them. '1 hey entertain
gloomy views._
VIEWS DP A KEW KN BLAND PREB Tia DER.
BX-CONO-tB-SMAM 0BOBO1 PEED WILLIAM SAYS
LABOR MCBt ADJUST ITSELF TO
A LOW TAllU'K.
Boston. Nov. E.?Es-Cuugieasman Oeorge fred
Wllllnm;.. when ashed bis opinion of the
bill tO-day. nal.l: "Of the details of the bill not
enough has hean published ls allow of proper
criticism. Furthermore, one HMM! carefully com?
pare the aehednlea Of the old tariff and th.* .Mc?
Kinley tarin erith the new schedule* nut in the
free list which, ss (.overnor Long MM years pom,
ls th.* honest tariff reformer"- hope, there ls a full
realisation of evsrythtng Uut the Democrats of
Kew-Engtand have loohed for. There ls not a
manufacturer m New-England who will not admit
tint th.- taxation en bis raw material ls a serious
burden upon his Industry. Hut the Protectionists
among them supported S tariff upon raw materials
In onlcr to sati.fy thc producers of raw material,
who cl.lni t-M benoit Of UM protective principle
together ertth th- manufactursra. In other words,
UM'retention of duties Itpon raw materials has
bass the result >.r combination among all pro?
ducers from Um raw materials up to the finished
product,
"The loath and Went ate the principal producers
of raw m.itc-l;!. and iti Ncw-l.ni-1-.nd lt should be
born- In mind thal thee sections are giving up
all possible claim to protection In ord"r to free
th-- finis), d product from the burden of taxation.
I New-England ls the only section that acts an
unqualified benefit from nee raw material. So far
aa i am abie t.> observe, the duties upon the An- |
bibed products of New-England Industry arc cn- |
Uroly sufficient to cover any pooalbla difference in
the labor cool Of the arti bs produced abroad and
thora produced here. I think thal the difference i
Of the lah .r esl ls more Imaginary than real.
but certainly if B per cnt of tbe total cost of
the article will noi cover the difference, then lt ls .
perfectly clear thal labor .?i this side, laid out
. n su.h an article, la economically misapplied and
I,...I better ??> into a business which .toes not -le
mead such an extraordinary contribution from the
taxpayers who buy the goods.
"Th.* debate on thc measure should be begun nt
..nc in the Hon.*". and February I would seem to '
ba ? fair date upon Which to clo-e the debate. I
think it reasonable to expect that by at le_.<t two
or three months after the Isl Of February the
Benate will send the bill back to the House with
amendmenta. Whether the bi:i is adopted in the
House < r got Into t committee of conference, I
have no doubt that after that. In a few days, th>*re
will be a settlement upon som- finn! measure.
Tt-.:* win leave iis in the next campaign to discuss
a comp led measure which has become th" law ot
th'* land, and I looh then to a general movement
among business man and manufacturers them?
selves ti preserve th<> law ns lt standa, and sup?
press fUrtner agitation. This means that tbe bun
1 tics mil manufacturing interests will Join with
l tic Democracy in supporting a nee measure, which
they win do because tha law cannot be cbs ugo ri
while Vr. Cleveland ls Preeldent
"Business Interests must adapt themselves to
th.- new duties or st.p, and the general cry will be
t,, iti the law alone, l am confident thal this
measure, as it shall ultimately be settled, la to
stan,I as the law tor years to c rn??. and its de?
velopment will be gradually toward reduced duties,
uni. possibly, ultimately free trade, 'rut as th*
tariff of I*!1', developed Into th., t Tiff of IV.", and as
<; uti.ii ani many other statesmen wished the war
tariff to be developed."
? ? ?
NOT LIKELY TO REACH CONOEEM BOON*
Washington, Nov. 28.?The i'.-publlcuti members
of the Committee >>n BTaya aad Means will not
arnot th.-ir Democratic committee aeaaelatea until '
Prlday >.f thia week. Ai that time the tabular
Staleness! Showing the rates ii the present and |
the propeled new law arlll be completed, With this
date In bani, th-* mlriori'v committeemen will be
better able t<> ungani rad tia nature of the thangm I
i. the Majority. About tha middle of n-xt
w..k the i.iii win be taken up for glecueotou in j
thi committee, lt wll! t- red b> paragraphs, and
the Republicans arlll e.r. offer tn ir amendments.
After th. bin ba. been thoroughly considered by
the full oem mutee the Republicans will prepare
their r.-i-ort snd present lt to the House.
The expectation that debate arlll beela on the I
measure shortly after th" mee.mg of Consresa ls
not llk-ly to b" realised, lt I* feUbtfUl If tba
bemocrata will finial] their r-oort in time to pr_
rent lt t.? the full committee before next Mon.ay.
i ruler the rules thi Republicans win hr.v" ten
I..)* In which to pi .pare the'r report, whbb will
delay mat..-rs until li, ceml-er H Aa tho II?u?e
will probably adjourn .ui r'rtt'.ay. December B, for
the holldaj race aa. Il may be fairly presumeii that
only a few days' debate, if any. c?.n be had, under
the most favorable circumstances, durna tne first
month of thu aeeasoo.
_-? ?
I'oHKlUN Bl i.ahs TO BC*KEPT oct.
Philadelphia. Nov. Ul ai the omer of theBpreeh
els SuK.ir Relining Company it -?- stated to-.iny
thai the reduction af a ojuarier of .* cent in the doty
on rrfln.'.i -n*^ ir would not reaull in an increase of
Importations of foreign refined cigar The Ameri?
can Buger lt-tining company sill reduce the price
of sugar ra .a* te kop ..ur th< f.?rci?n sugara and
retain tn.* American market r..r itself Pt tera are
noa maintain, i al ju*>t tht point wu.ch shuts ..'it
foreign sugar.
- ? a ?
BKPECTI TBE BILL To CASS QUICKLY.
Terre Haute. Ind.. Nov. ;?* (Special).- Senator
Voorhe-s will leave tere for \Va*hlii(rtun to-mor?
row, in an Interview unlay he raid: 1 think th?
llous,* win para tbe Wilson Tarin bill la Deeember,
that tb" H. nat. will debate lt during lanuarv an-I .
vin i lop* lt, arni that lt will be rani to tba Pr.si- |
?lent i>> February, i bellew all realise 'hst a pr<>
ir.i ted debate will Injun the bustnaee interests
of the countrv. and after a reasonable time for
i think there will be no disposition to
obstruct a Vot. ."
Not LOW BNOUOI1 TO -"'IT Tom L johnson.
Cleveland, Nov. E -a reporter stet Congressman
Tom i. Johnson this afternoon and asked: "Im you
regsrd tho resuM of the late electiona lu th.- light
.?r frosh InstructloM tram the people, or ahould the
Democratic party pro..-. .1 according t<> irs platform,
without refer, nc to that resultf"
"Tb.* result la fresh Instruetiena from tba people,"
aaa wared Mr. Johnson, "Instruetiena to pro .I
mora rapidly with tarli! legislation .ml ts dig
deeper, ..n.i do tht required vhk thoroughly. Con?
gress sh uld r.ci upon these Instructions quick."
"Whai product in >our distrtei could be pul <>n
the free Hat, or have its duty reduced to a revenue
bael '
"Every produi:."
"Ar.- you la favor of au Income tax, cr arould you
prefer an mer. se ol the present Internal revenue
tax on nrhiskey and beer.'"
"I am opposed lo any Increase in the tax on
whiskey Hid be.-r. and i woiii.I prcf.r .m Income tax
lo any us on consumption, i giv.- credit t.. myself
for the leaving of raw sugar on the free list, l
made a special effort, and gathered enough Demo*
crata toni rh. r t., defeat a duty on mw sugar if vvil
hou iiad reported it."
REJOICING AMONG canadians.
Ottawa, ont., Nov. W. Thc Impression created In
nib. lal circles her,* by thc Statement made by
Chairman wilson raapeeting the ptopuastl Tariff bill
is that if it .vcr beoomea a law in the United
Staten lt will give an immense impetus to Culled
States trade and Industries of all kinds, and eery
-ooh reaull In placing the manufaeturtng rapremaey
of the World In tlc haul* of the manufacturers of
the I ruted States, lt will enormously Increase the
trade between the United states and cana.lu.
u h n ino measure cornea to be understood In
fina.la. If Un synopsis received herc ls a cor
r"'.? ""?.?'" ?'?ill be rejoicing from ihe Atlantic
to the racine, r.u- while the Dominion will be?
come a better customer than aver for I tilted Staten
products, she wm on the other hand un.I nearer
and better marketa for ber raw matertala, and thus
the Interests and Welfare of both countries will be
promoted along a frontier j.uuo miles In extent.
SHEFFIELD MANl'l-wcTi'lil-lta DIVIDED IM
OPINION.
London, Nov. 28.-A representative of the t'nlted
I'ress to-day calUd upon the principal Sheffield
manufacturers trading with ihe United states to
ascertain their opinions of the Wilson Tariff bill.
Some nld thnt the reductions mule were not so
large ns they expected, others said they were sat
Istie.l with the bill, und expressed thc hole that
!'. XS-***! 'V'1'* ?_ H Ivviviii of orders from the
inned states, lb., manufacturers who expected
laraer reductions b.i ,(l, ir hop..-, upon i.-ports
Which their ag.nts ,? America sent sari, in I.'"
ISP: ? v !!.',VA|"'' the bollel thal ihe Tariff
mil was mi-dined in eoi,?e.iu.*iice ..f thc results of
the icc. ut elections. Manufacturers generally vant
to know exactly what kllt.l of cutlery will I.e al?
li ? ed io pome under th,- et per cent tariff, because
ll thia rate rovers medium gocdi thev see a good
prospect of t!-.'!r American trade reviving.
___- '""?, "i''" tli"" th*"y ???????' 'i"?t ""' mot
tariff wi.l SHOW Herman manuf.cturers to flood
America with -heap products to the serious detr!
i-1'"1 "? '-"""I Articrlca.i m i.mfa. lures. C.-umsn
makers, they ny, expecting tariff reform, have
b, en muns up enormous stocks ready to pour into
the t lige.l States.
A (iiiid Bajwpa
itu* atseaam lever, ?;..?..?. (1(.lliM Jli(1 ?MtiUn. tBtOW ot
Syrat-af fl a, wSee tn r,-*| nf ;, ?:. .-*?.!<..-: , ><J if the M'.lier
or mother bo cottlvr nr hlllmis. ihe most -mt.yins rsnlu
clio* its o*e\ rn tint K I, ?,0 ,,,,-j f m? . -(,,,,,1-j. kaowa,
?Ad cu-rj' fuu.l'j -a.uii he\n a uottle on iuuii.
~01^C^I)EMN^I0N HERE.
^,v AND DEMOCI.ATS ALIKK
KEPIrCUCAJW ?
CKITICISI': Tilt KILL.
K-OCHAKI^ BASRMSmt, MANUFACTfRKHS AND
' . '.vrss MEX GENKKAIXY STP.O.\f*LY
! OI'I'OSF. TEE MKASCRF..
not too much to say that the popular
V01 MTtpassed upon the Wilson Tariff bill ar
ed by the Democratic majority on the
tray! and Mean- Committee of the House of
Representatives has been one of almost un
aual-ned condemnation. It has met disapproval
not only from Republicans, but from all classes
of Democrats, except those committed to radical
Mews of "revenue reform" or thc Free Trade
theorists who are prepared to go to any length
In the advancement of purely Intellectual con?
tentions. The Tribune makes this statement
with deliberation, and challenges dispute from
fair-minded men who will make candid inquiry
with the sole object of obtaining the truth.
Interviews have been held with men prominent
in many branches of trade, industry and finance,
and the response has been overwhelmingly
against the scheme to be advanced by tho
National Administration at the coming session
Sf Congress. It ls doubtful If there was ever a
measure proposed to be placed on the statute
books which found so few defenders among the
mass of the mon whose interests are one with
the common prosperity of the American people.
Not one-tenth of the adverne comments upon
the Wilson bill may be quoted with the public
acknowledgment of the men who make them.
The reason ls obvious. Party loyalty for the
time silences the mouths of hundreds who will
make their Influence felt when the proposed
law reaches the stage of Congress discussion.
There nie plenty of men who, for reasons con?
nected with the successful prosecution of their
business, object to coupling their name with
candid criticism of a project which may be
nuiiln a test of party fealty. Other men, whose
pockets are vitally touched by the proposed
changes in the tariff, wish to remain out of
print until they see a future opportunity to
fight for a modification of the more radical
features of the suggested law. For these and
other reasons the full measure of public criti?
cism cannot be given openly. But in private
conversation bitter denunciations of the meas?
ure are heard, and Democrats vie with Re?
publicans In scoring this step intended to revo
lutini-e the industrial basis of the country.
HOW HANKERS VIFAV IT.
The banking element, which ls concerned only
as part of the machinery of exchange, regrets the
introduction of the Wilson bill as a bar to the
reviving tendency lately shown In the mercantile
nnd commercial world. Business ls only Just re?
viving from the blow given by the monetary
crisis of last summer and the absence of com?
plete confidence has been reflected In the enor?
mous accumulation of id!e capital In the New
Vork banks. The process of recovery from such
a prostration as visile! the country In the spring
and summer must of nsesssltp be slow, but
ever;- effort was being made to hasten the work
of convalescence. The revision of the tr.riff on
such radical lines as are drawn In the Demo?
cratic bill Introduces an element of uncertainty
In business plans and nrrangementa which, it
ls feared, will operate strongly against the res
torattcn Of eredll and activity. The country ls
In no rondition. lt is urged, to undertake radi?
cal er,nonie experiments, and even many of
thow* persons who favor tariff reductions lament
that the attempt ia made at this particular
time. The Impolicy nf the agitation alone is
SS argument BttflMsnl to condemn thc Wilson
si hens with numerous conservative business
BM and bankers. That its effect haa not
ben more serious In th* way of disturbing
l .mies seems to rest upon the notion, more of
les* popular, that the project of Mr. Wilson and
his c-olli-aj-ues ls too sweeping ever to pass suc?
cessfully the gantlet of debate and opposition
in Congress.
Mut business men recognize that this ls a scn
iim. nt too unsubstantial to avofl moro than
I arapiles ll J th. harmful effects of discussion
and agitation Of a pernicious measure, stamped
as lt la with the approval of the dominating
patty In Congress and understood to have the
hacking Of the chler Kxecutlve. The very in
fat nation shown la proposing such a vicious
attack upon the Industries of the Nation, in
view ol the warnings sounded In the political
revolutions accomplished at the November elec?
tions, proves, lt ls feared, that th" Democratic
Administration ls blind to the sentiment of the
people. Hut even If hope be entertained that
the Wilson bill must be emasculated before lt
I.rues a law. business men realise that they
Otu afford t.> tr.k* no risks, and nt the best un?
certainty must be felt for months as to how
far the proposed raids upon the tariff can be
defeated. Kvcry buyer of raw materials, it la
pointed out. will wait so loag a* he cnn to learn
the basis upon which future purchases must be
made. Beary manufacturer will hesitate until
he knows h >w deep the knife must go into
thc waxes of his employes In order lo meet tlie
lasrsMSd competition opened to the foreign
maaufnetursr.
WAOBB WIU BBBWBR WtBAVS.
Oil nil hands lt ls agreed that the first re
adjustmoat Of Industry to the new conditions
MVgbl to bO Imposed by the Wilson Lill must
ome in the direction of the arness of the labor?
ing population. The panic bas already thrown
boadrsdS of thousands of men out of employ?
ment .ind scaled the wages of other hundreds
Of thousands. This enormous curtailment of
the purchasing powers of the millions has
alrsadp reacted upon trade, aud a handicap
Ashamed To Be Seen
Because of disfiguring facial blemishes
is the condition of thousands upon
thousands who live in ignorance of
the fact that in Cuticura Soap is to
be found thc purest, sweetest and most
effective skin purifier and beautifier in
the world, lt is so because it strikes
at the root of all complexional disfig?
urations, viz: The clogged, irri?
tated, INrLAMHD OR SLUGGISH PORE.
For pimple., hlarkhe-.U, red and olly (kin, r-d,
itvi-rh lui.'* with ihanrfefc* n_ll">. <lrv. thin mid fall
la_ hair,_-i',.',i!-ii|- baby Men-;>*l-i-MU wonderful.
Hold thron-*f*an? thi- world, potter Dmf and
Chou). ? "rp., viv I'mp*., l*o_t_n.
If tirrel, aohlt-e, nerroo* ninth-ra
knew the comfort, utreoRth, and nial
Hy inCiiH-ma *iiiI-"*?Im ? U-iere.
they would nover I.* without them. Ia
avery ?_y tha p_r?t, -woeteet tnt
_> beat pleetet tot women tai ehlWrea
"Why Not
Dress in Fashion"
Wc do not charge anything for styli
--only for thc cloth and tailoring.
(This is why the swell dressers corot
to us.)
Our loose-back blue Kersey Over?
coats, 48-in. and 50-in. long are just
the proper thing. They are correa
m style and right in price.
Clothier* and Furnishers,
279, 281 and 283 Broadway,
Bet. Chambers and Reade Sta.
SatUfacUaa IRBBtoAm W ?.?- ?tlri#4.
Solid Silver
Holiday Gifts.
We carry in stock a complete
assortment of spoons, forks, fancy
pieces, hollow ware, toilet articles,
novelties, &c, all of which are ac?
ceptable and appropriate as holiday
gifts. Articles selected now may be
left with us for future delivery.
Reed & Barton.
SILVKRSMITHS.
37 Union Square, X. Y.
already is placed upon the struggle of business
toward recovery. One of the moat serloue effects
of the proposed reductions in tariff schedules
will, it ls recognized, be the further restriction
I of the consumptive capacity of the workers on
j wages, and the experiment of "tariff reform"*
j must be undertaken with consumption already
heavily reduced, and with the certainty of a
heavier reduction before the machinery of trade
and Industry can be adjusted to the Democratic
basis.
The time chosen for this step toward free trade
ls also particularly unfortunate owing to the
approach sf the usual January settlements. The
stress of the year has been severe upon even the
strongest mercantile houaes, and the meeting of
obligations maturing with the new year has
been watched with some solicitude. Business
started up ni th new courage when the RepulH
Hean electoral success of early November oc?
curred, for lt was believed that the majorities In
Ohio and Massachusetts would keep hands off
the tariff, except in the most conservative
fashion. But now merchants fear that the
fatuity of the Administration threatens trade
with a blight upon the coming spring buslnesa,
when already a dead autumn season has gone on
the records. The fight to defeat the wor. t features
of the Wilson bill will absorb the energies that
otherwise would be devoted to building up confi?
dence and starting all the wheels of industry
once more in motion.
Elsewhere will be found an expression ot
views from bankers, men of finance, merchants,
coal and Iron capitalists and others who feel
the importance of the proposed disturbance of
trade and industry. The subject is looked at
from different poir.ts of view, -some reflecting
Industries that are directly menaced, and others
merely the general effect Indirectly produced by
specific Injury. Through all the opinions given
the feeling of anxiety or alarm ia obvious, and
the notes of protest will doubtless grow larger
as the assembling of Congress bring.- nearer
the threatened danger. Amazement ls ex?
pressed that, in view of the state of the Na?
tional finances, with an admitted deficit of
$70,000,000 confronting the Treaaury, and with
the gold reserve maintained with difficulty
around $83,000,000, the tariff scheme of the Ad?
ministration should boldly embrace features
that will lessen the revenues of the (lovern
merit und leave as the only alternative ths
proposition for an unpopulur tax upon Incomes.
WALL .STREET Al-.V1X-T Till' BILL.
Thc sentiment of Wall Street is strongly against
the proposed tarifT revision. But although there
was a recovery In values from the first acute
depression experienced on Monday, there was
significance in the theory upon which the rally
was effected. "The bill will never pass," was
the general comment of easy-going speculators.
Its revolutionary character waa so universally
recognized that even Democrat** wore forced ta
argue against the intentions of sincerity upon
th" part of their party leaders in Congi?M.
nrayton Ives, president of tnt Western Na?
tional Bank, in hie comments Illustrated tha
caution with which bankers were prone to dis?
cuss the proposed measure. "Without being lu
a position," he said, "to express myself de?
cidedly on all the features of this bill, 1 may
say that it Ia natural und reasonable to expect
that the result of this proposed measure, or
even of its agitation, will be to produce doubt
and uncertainty among business mon and man?
ufacturers, and. therefore, to check the recovery
in business and manufa. turing circles which
otherwise would have come with a great deal of
rapidity. I have not studied the measure with
?uffldent care to justify expressing an oplnloa
as to the effect of special features in the bill/
but lt ls fair to say that many of them are of
such a radical character that they must upset
calculations already formed, and, therefore, seri?
ously interfere with buslnes."."
Henry W. Cannon, president of the Chasn
NalIonal Bank, said: "I regard the bill as sim?
ply tentative, and believe that lt will be sub?
jected to material amendment and modlflca
Uon. In the mean time, it will only be natural
for th. business community to enter Into any
new engagements with extreme timidity."
Oeneral Samuel Thomas, who ls extensively In?
terested in railroads and e.gnate industries at
the South, was unwilling to discuss in detail the
probable effect of the proposed tariff changes in
that direction. "The bill is still a myatery to
me In all its details," he remarked, "as I have
not yet had time to give lt close enough study.
But the return to the principle of ad valorem
dutlea is open to strong objection. Our states?
men have heretofore rejected thia method of
tariff taxation because experience haa taught
that it opens the door to extensive undervalua?
tions anil robs the Oovernment of legitimate
revenue. There are many articles, forming in
the total an Immense part of the tariff revenues,
where the dutlea collected will largely depend
upon the manipulation which may be practised
in billing the cost of the Imported goode. I'nder
the ad valorem system an Immense army of ex
pert appraisers must necessarily be employed
and the Appralaera' stores would become a 'fat
plum' In political patronage.
"While 1 believe that this country ls rica
enough and great enough to adjust Itself te
thia bill or any other, lt ls greatly to be re?
gretted that it should be Introduced at tfrls
period. The country han Just passed through
a crisis which bore heavily upon the beet of us,
nnd what was needed was a repose that should
permit an entire recupcr.iti??*_. It ls nviat un?
fortunate that these changes sh-uild be pro
posed before Industry hnd fully recovered, and
merchants who have already lost their autumn
trude can Ill-afford to have the spring season
destroyed by renewed uncertainty and -nxlety.
The first nnd severest effect will be felt bf
the laboring classes, for any adjustp cnt muss
be made by the reduction of wage.'. This is aa
unfortunate net-Matty in thc execution of what
is a mere theory of the booka, and however
Par a Serve Taste
Var M..r*lor1'- Arid Pho-ip-ate.
0r. H. M. llirrow. Ausu*-.. WO, ?*??'?? "1 r'Sard rt
tt one of th K-v. tiiic.lc*. lu -I .?*? ? W wai-h WO
???/?t-ii) rap-Ire- eu ?cid ami _ u.r'c tonk. 1 Save oatt %
Wteiy witt amt au-UM re.ulu."

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