| Show BENEFITS OP THE IVEW TARIFF > I In a speech delivered by Hon Peter ISomers I-Somers of Wisconsin l 1the Hquse of Representative tAugust 13 ISO the saving sav-ing to the country 5n the wool and woolen schedule alone bj the > pass ge of the new tariff billeven with the much talked Of Senate amendments Is shown lob as folIows jfr Somers said By the adoption of this bill you save to the paople of this country more than S141000yo > as 15 shown by the statement I I herewith present made by the deputy appraiser of the fldrt of New Ttfrlc A statement showing the amount saved to the consumer by the adoption of the Senate bill in pUce of the ilcICinley act Schedule K wool and woolens prepared by J Schoenhof deputy appraiser of the port of New YOrk English cloth made in Leeds Imported I Into the port of New York wool and cot I I ton warp GO mcHes wide weighing 114I ounces per jard Cost per yard Is 3d less I 5 and 5 per cent discount 27 cents net per yard S Cents McKinley duty 38 cents per pound equal 40 per cent per yard 3980 Senate duty 40 per cent per yard 10SO Saved to consumer 2900 The samples No 1 to No 6 attached to the respective statements represent actual importations made in the current year The prices are the actual invoice prices as passed by the appraisers department In New York English cloth wool and cotton warp Imported into the port of New York 54 inches wide weight 13 ounces per yard Cost per yard Is 2H1 less 7 per cent 27 cents net per yard Cents McKinley duty 3SI cents per pound equal 40 per cent per yard 4200 Senate duty 40 per cent per yard 1040 Saved to consumer 3U50 English overcoatings wool and cotton warp imported into the port of New York 50 Inches wide weight 26 ounces per yard Price Is 9d net per yard 42 cents net per yard Cents McKinley duty33 cents per pound equal 40 per cent per yard 7015 Senate duty 10 per cent per yard 16SO Saved to consumer 3365 Worsted coating Bradford England Imported into the port of New York 57 Inches wide weight 20 ounces Cost 2s Od per yard less 7 per cent G2 cents per yard S Cents McKinley duty 44 cents per pound equal SO per cent per yard S61f f Senate duty 50 per cent per yard 31 Saved to consumer 55 French cashmere imported Into the port of New York 13 inches wide Cost 095 francs per meter net 18 cents per yard Cents McKinley duty 12 cents per square yard equal SO per cent per yard24 Senate duty 50 per cent per yard 0 1 Saved to consumer 15 French dress goods challles all wool Imported into the port of New York 30 Inches wide weight 2Vi ounces per yard Cost per yard 20 cents net Cents McKinley duty 12 cents per square vard equal 50 per cent per yard20 Senate duty 50 per cent per yard 10 Saved to consumer 10 Balance sheet showing the amount saved to the consumer by the adoption of the Senate bill in plade of the McKinley act 1S92D3 Imports of manufactures of wool 35993000 Duties 30448000 Import value duty paid 73411000 1SS990 Census year domestic manufactures manufac-tures Woolen goodsn > 577OQO Worsted goods 79194000 Hosiery and knit goods 67241000 Deduct cotton hosiery 17000000 S 50211000 pU t 50241000 Carnets 47770000 n 310782000 S S Value of domesticS domestic-S manufactures 384223000 5 Add 33 per cent to gv 1esij 8 cover wholesale and retail profits 128074000 S Cost of wool manufactures manu-factures to consumers consum-ers 512297000 Cost pf wool manufactures S manufac-tures under Senate S bill on same amounts S Importations 36993000 Duty 45 percent S per-cent 16605000 S 53658000 Value of domestic manufactures man-ufactures 310000000 reduced from an average aver-age of 100 per cent duty to 45 per cent rate as a result of free wool 221525000 > 278183000 Add 33VJ per cent as profits 927280003709U000 370911000 Amount saved to consumers on the woolen schedule only under un-der Senate bill 141386000 |
