Show NEW TARIFF SCHEME Maximum and Minimum Rates of Duty in Payne Bill Washington March Maximum 9 and minimum rates of duty are pro provided vided in the tariff bill to be introduced In Jn the house at the special session by Chairman Payne of ot the ways was and means committee Twenty per cent is understood to be the average reduction for minimum duties Some articles will willbe willbe be excepted from the minimum duty and greater or lesser rates of reduction will be placed on others The United States waa WB wa the first coun country country try to adopt maximum and minimum rates when it provided for reciprocity in n its tariff law for tor or a few tew articles such as sugar Germany and France how however however however ever have extended the reciprocity to civer er their entire tariff and it is to the American tariff more in ac se with foreign tariffs that the maximum and am minimum provisions are incorporated |