Salt Lake Telegram | 1922-04-11 | Page 3 | Schedules Given on Comparative Basis

Schedules Given On Comparative Basis WASHINGTON, April 11 (Fy Associated Asso-ciated Press). Herewith are given the! more Important rates In the tariff, bill, reported today to the senate by j the financa committee, with com- , parlsons with the Fordney bill and the Payne-Aldrlch the lejtl Republican Republi-can protective tariff act and Underwood Under-wood laws, wherever feasible. The ad valorem rates In the Fordney measure are- based on American I I valuation, huflhey are used here In the comparison. Kgperts attached to the commission say that 5S per cent, American valuation. Is generally equivalent to SO per cent foreign valuation. Because entirely different rlasslfi-j rlasslfi-j cations- hnye been used in drawing tha wool schedules In the new bill. I no comparison of the rates In that lachedule with those in the famous j schedule K of the Payne-Aldrich bill is undertaken. The raw wool rates in the senate measure are about equal to those in the Payne-Aldrlch law, however, and Senator Hmoot of Utah, who drafted the new schedule, says some of the other rates are as high J as corresponding proviaiona In ached-tule ached-tule K, while others are lower.