OCR Text |
Show The Tariff. I president devotee but little I Ahe subject of the tariff law, I he says: Jcbedulea of the ratea of duty luyne tariff act have been sub- a great deal of crltUism, Just, more of It unfounded, Vh misrepresentation. The opted in pursuance of a y the party which la re-y re-y it that customs bill '.'JbtTTr, tariff for the protection of home Industries, the measure of the protection to be the difference between be-tween the cost of producing the Imported Im-ported article abroad and the cost of producing it at home, together with auch addition to that difference as might give a reasonable profit to the home producer. The basis for the criticism of thia tariff la that in respect re-spect to a number of the schedules the declared measure waa not followed, follow-ed, but a higher difference retained or Inserted by way of undue discrimination discrimina-tion In favor of certain Industries and manufactures. Little, If any. of the criticism of the tariff has been directed direct-ed against the protective principle above stated; but the main body of the criticism has been based on the attempt to conform to the measure of protection was not honestly and sincerely sin-cerely adhered to" |