Show TARIFF LESSON XO NO 1 I IBy By L. L A A. A Hollenbeck Hollenbock When ever you ou sell any goods or orco co commodities outside of your own country or t to foreigners in ill another r country countr those goods are called exports exports ex cx ports And whenever you purchase goods or commodities fr from m people of oC another country to to be shipped into your own country to yourself or another citizen those goods are called imports A tariff Is a tax lax that the government government government govern govern- ment places on imports or 01 goons goods bought by lay an any of us from a foreign country but of af course course t the e government govern govern- went ment does not put a tax on its ex ex- ports A foreign country may place a t tax x on oat our exports but m I our exports exports exports ex ex- ports would be Imports to the foreign country I Wh When n the government taxes goods that we buy from tram a foreign country countr- it h it has the err the effect ct to raise the price or ot goods that we e purchase from foreign country and therefore wn n nwe nwe nwe we buy foreign goods we pay what the goods are actually worth plus the he amount of tax that the government government govern govern- government ment puts upon those goods That u increases t es me UIe cost Coat 01 or living liYing in on the tae most of or what hat we buy for tor there Is avery a avery I Ivery very large list of ot foreign goods that i we buy and arid have to pa pay the tariff tax upon This tax Is what is called an Indirect taxation that is we wo are aIe paying that tax all the time on the increased val value e of ot what we buy and do not realize It ft except that we w we kick at th the ehigh high price of r goods If It this excess high price of or goods represented represented only only the g government government ve m nt tax and for a reasonable amount of tax tax we would be delighted to pa pay It as an easy way to pay the run running expenses of the general or federal government which expenses amount to a very large sum of money money- perhaps more than two billion dol- dol dollars dol dollars J lars ti a year ear i But Batt ut this is only a small part athe of at the he tax we pay ay because of the he tariff the bulk going Into the pockets of private Individuals as a sort of ot graft or profits being the excess price placed Ib by the government trial tIa the g government does not get at all all but that private Individuals and big corporations corporations' get that makes them rich at at the exp expense of the producers and consumers consumers of the country gen gen- generally There are several expressed objects objects ob oh- in ha having haing Ing a high tariff tax Some of the reasons are to hide other reasons reasons' for a tariff and Itis It ItIs itIs Is well to consider them all all but the thel next article No 2 will be for the purpose of discussing the effect of next article No 2 will will be for rial the purpose purpose purpose pur pur- pose of discussing the effect of a tariff from a fundamental standpoint standpoint stand standpoint point K fn an object to having a tariff at aX al's the protection of It jr fi 21 I I 0 0 |