Salt Lake Herald | 1894-09-19 | Page 2 | Copia and Cocoanut

COPIA AND COCOANUT Effects of the New Tariff on These IiiixnricM San Francisco Sept 18Several vessels ves-sels have arrived or are due from Tahiti with cargoes of conra and cocoanuts co-coanuts contracted for before the new duty went into effect One firm will have to pay 7200 duty on inbound nuts Neany six months ago the new oil works at Berkeley scenting profit afar and giving little heed to the shadow sha-dow of coming events sent special agents to Samoa Tahiti and other agents Tahit places pla-ces pith instructions t buy up or contract for 100000 tons of cocoanuts to be shipped to San Francisco per vessels ves-sels to be named thereafter by purchasers pur-chasers This concern is now in a position po-sition to be obliged to pay the United States something like 70000 in duty i did not figure on Mr Wilson in a remote corner of his bill has provided for an assessment of 30 per cent ad valorem on copra and 60 oer cent on cocoanuts a clause which the importers did not anticipate Cocoanut oil explained a dealer and manufacturer is nearly all made in Germany and the new tariff measure admits this oil free of duty while an enormously increased tax Is put upon the raw material About one millions pounds of copra finds its way to foreign manufacturers manufactur-ers every three months from just one certain group of islands alone and this raw material is made into oil and shipped into this country free Nobody suspected for one moment that Wilson and his coherent would I bother about changing the old tariff law because under them the oil tariff taxed and the raw material entered by payment of a small duty Protection against the manufactured manufactur-ed article is what we wanted Without With-out it our island trade is hound to die out I believe that a certain firm ir San Francisco stands to lose 20000 on copra contracted for before the raise on the tariff These people will probably prob-ably turn right around and ship to Europe thus depriving this country of the trade J