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Show AN ANTI DUMPING ACT From nuthentlc Information It appears ap-pears that the majority party In Con- 1 Ftess has reached nn agreement on J tho terms of nn nntl dumping net, In-tended In-tended to Protect American mnrkets I ngnlnst nn lnllux of foreign mndo goods after tho war. Tho subject 1 has long been considered and discussed. dis-cussed. It Is proposed that on forolgn mndo goods sold in tho United ! States nt less than tho market prlco : in, tho country of origin thero shall be Imposed an additional Tariff to "bring tho selling prlco In tho Unl-' , ted States np to whnt It would be If tho goods wcro sold nt tho market prlco In tho foreign country. That does not come nnywhero near meet-lug meet-lug tho main dllllculty. j Thoro Is not bo much renson to 1 fear tho salo of foreign products . hero at less thnn tho market prlco i where they aro made. Forolgn mnnufucturcrs will not havo to do , Hint. Under existing Tnrfft rates they can undersell our markets without with-out going below tho selling prlco In their own markets. Their cost of t production Is so much less thnn tho i cost of production In this Country thnt tboy could dump hero nt prices , with which our manufacturers could i not competo nnd at tho samo tlmo , nvojd tho penalties of tho proposed antl-dumplng act. Tho fact Is that foreign manufacturers manufac-turers will soil at homo at tho very smallest prices. Thoy will bo compelled com-pelled to Uocauso thero is ltttlo probability prob-ability that tho peoplo will lmvo tho I money to purchase liberally, and generally will not purchase nt all ox-cept ox-cept nt bottom prices, Tho forolgn manufacturer will expect to get his best return In foreign markets, whero thoro U monoy, nnd thero will bo no market like tho Amorlenn market with Us low Tariff and cxtenslVo frco list. Foreign goods can get In I here and bo sold at much higher prices thnn whero mndo and still undersoil un-dersoil Amorlenn goods. Tho proposed nntldumplng net will moot only an extrnvngant situation, situa-tion, which Is not likely to oxlst ns i long ns our customs lnwg glvo tho foreign manufacturer tho advantngo ho now enjoys over tho American manufacturer. An nntldumplng net to be offectlvo, must tnke direct account ac-count of tho low cost of production of foreign goods. Philadelphia Trio-gram. |
