Show DEFENSE Of TARI TARIFF ff lAW LA Chairman Payne of the House Ways and anti Means Committee Makes Vigorous Speech and aid Presents Facts Pacts and Figures M t I I M I MH M t tt H 4 4 Washington May 12 Sereno 4 H E Payne author of the tariff 4 f fH H law that bears his name entered 4 t Into a vigorous defense or of that 4 t ti i measure in the House today 4 f fi i He Be declared the Republican 1 4 pledge to revise the tariff f ff f downward had been fulfilled and f ff f that from whatever viewpoint f 4 4 4 the law shows a reduction in 4 f 1 4 4 rates There were some In increases f 4 4 creases for which no apologies f were made they were necessary 9 4 for tor the revenue The commod f ff f lUes on which the rates were re 4 4 4 represent ten times the 4 4 value of ot the luxuries on which 4 4 the rates were increased It was wasa 4 a atme true downward revision but 4 f the law has bas been misrepresented 4 4 9 he be said by politicians with cam campaign 4 9 4 capital to make and by 4 4 tradesmen grasping for tor profit 4 9 4 4 4 M I M t 5 4 fIt The high of living he declared Is due to overproduction or of gold and andis andIs andis is not peculiar to the United States Stat s but is consistently paralleled in Europe Europe Eu Europe rope This briefly was the defense of itha tariff law made today by Mr Payne in the debate in the House of Representatives Representatives Misrepresentation began egan b he de I Continued on OD Page Three TUree e DEFENSE OF TARIFF lA LAVi VI Continued From Front Page One dared when the conference report came caine in Now and then It started from tram the tradesmen who wanted to in increase Increase increase crease the price of goods and gave the tariff as the reason In ln ninety ninetynine ninetynine ninetynine nine cases out of a hundred the asser assertion assertion assertion tion was false as the tariff had re reduced reduced reduced the duty on the goods he was was selling Before the bill was passed re retailers retailers ret t llers of woolen goods started the story that an increase in the tariff had increased the prices of their goods Not a single increase was made in ina ina Ina a single rate of duty In the whole woolen schedule The first requisite of at a good tar tariff iff tr he continued is that it must meet the expenditures of the govern government government ment meat From the date this bill passed it has accomplished all that was pre pro predicted predicted for tor it Reason for High nigh Prices The price of commodities has been Increasing for tor ten years the world over One reason for tor the advance Is not toot only the great Increase in the pro production production production of gold but the cheaper meth methods methods methods of at producing it The supply Is greater than the demand and is ob obtained tamed for tar less cost As gold is the measure of at all aU values the commodities are higher because of its decrease in value This accounts in part for the general Increase in prices The increases In prices are upon ar nr articles tides on which the duty has been low lowered lowered lowered ered by the present law or else remain where they were under the DIngley law All kinds of ot farm products meats butter eggs poultry all foods hides leathers shoes and raw TaW cotton cotto show reductions in duty and increases in price It is hardly possible to take a sin single single gle Item in the tariff and show a dl di direct Teet increase from the rates of duty Investigations Into food prices show this conclusively The Increases in price are fully tully paralleled by increases in the same articles abroad If the tariff has Increased the cost of living how is It that on April 21 n newspapers from Maine to California published ta tables tables tables bles showing the cost cot of living Is de do decreasing decreasing creasing all along the line lineT Reductions Reduction In Duties Then Mr Payne Pane presented a series of tables showing the specific reductions reductions reductions made from the rates r tes of the Ding Dingley Icy ley Ie law lawHe lawHe lawHe He then went on to tl show the In Increases Increases increases creases of af imports under the new tariff comparing Its first six months results with the corresponding six months un under under n ndel der del the Dingle Dingley law He presented a table showing Increases in imports ranging from rom 10 to per cent In hides iron ore are pig iron tin plate ma machinery machinery machinery chinery leather and lumber The press of the country Mr Ir Payne criticised for its attitude on an the pulp paper situation with Canada He re ye referred referred to the duty of a ton im imposed Imposed imposed posed by the new n w law on print paper and declared We are criticised because we did not fix the duty at 2 a ton and close 1 our paper mills in n the vain hope that Canada might remove her embargo on exports of wood pulp Now she Is ex cx expending ex extending tending pending her embargo and with a great many of our mills closed by strikes there is a scarcity of paper It Is evi evident vl dent that the situation can be relieved only by some agreement between the Executive and the Canadian authorities to be ratified by Congress Pledges Pledge Fulfilled We have then th n a tariff law that fulfills the pledges pl oC ot o the platform that produces sufficient revenue to meet our expenditures that has dis discarded discarded carded In the various schedules that It revised nil all the duties that have be become become come unnecessary because exchanged conditions that carries out the meas measures measures ures urea of protection enunciated in the Republican platform that by its maxi maximum maximum mum and minimum provisions has opened the gates of the world to our merchants mercha ts and to our manufacturers m rs and that above abOe all shuts up no fac factory f ac actOr tory tOr puts out no furnace turn ace fires firesT tops stops no wheels of Industry and deprives no tie DO DOman tieman noman man of his daily datI wage The law has brought prosperity to the farmer who never before in our history has hae enjoyed the prosperity he enjoys enjo s now It has brought prosperity to the factory and to the merchant It satisfies fles the south as no other tariff ever eel did It Is a tariff for the whole wh Te country and under it the people of the whole lecount country are enjoying prosperity beyond their th dream |