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Show 1001 PREPARING Washington, Dec. 24. Congress is to have a surloit of bills revising tho woolen tariff schedules and a hard fight is assured immediately alter the holiday recess. Democratic members of tho ways and means commlttoo already have begun the preparation of a bill, tho Ropublicau members of the committee also aro preparing a wool bill and tonight Senator Sraoot of Utah, a member of the finance committee, said that he, too, would prepare a bill. "I am pleased with tho tariff board's report on schedule K," said Senator Smoot, "and hope that the findings of that board will be accepted accept-ed by the Amorlcan people." Senator Smoot submitted for consideration con-sideration of the house his tariff ideas as to revision. The report shows that fine and fine medium wools, which represent nearly near-ly 80 per cent of our domestic clip, costs to nrodnce from 11 to 19. poiuk per pound. Tho remaining 20 per cent, being the coarses grades, costs J less. Australia and New Zealand pro- I duco great quantities of wool that J comes into competition with American Ameri-can fine and fine medium -wools and costs "net" to produce, nothing, as the profits from the sale of mutton and sheep for stocking other "runs" pay In a normal year the entire station sta-tion expenses, "Let us allow 2 cents a pound to cover extraordinary losses that may be caused by calamatious drouths in Australia. We then find a difference of the "net' cost of producing fine ' and fine medium wools In this country coun-try and Australia and New Zealand of 9 to 10 cents a pound. a "The report shows that western fine wools shrink on an avornge of 67 por cent; Ohio fine wools 60 per cent, and the lower grades of wools an averago of 45 per cent, while the national na-tional averace is about an rrr nont "71 Imported wols now coming In (largely (large-ly skirted fleeces) shrink nearly 50 per cent. It is generally conceded that the average shrinkago of Australian Aus-tralian wools unskirted would be 55 per cent or more. "I approve the president's plan of levying duties on wool by a single specific duty based upon tho scoured scour-ed pound, with all wools now classified classi-fied as first and second, thrown together to-gether with one rate, and third class, or carpet, wools at another and lower low-er rate. "If r tho difference in cost of producing pro-ducing woolb other than carpet and the lower grades in this country and abroad only is 9 cents a pound, and tho average shrinkage of fine and flue medium wools imported is 55 per cent, then the actual rate of duty on scoured wool content should be 20 cents a pound. "I will support a single rate or duty, based on the scoured content ot wool of the first and second olass, ot 20 cents a pound, and am confident that tho wool grower will receive as much protection as he now is receiving, re-ceiving, based upon the 11-cent-per-pound In the grease, or a supposed protection of 33 cents on each scoured scour-ed pound. "The rate of 20 centB a pound will be the basi sfor a-compensatory duty frt cnniifAfl mi-mi .... j . . .. Ui.uu,;U nuui uaeu in tno manufactured manu-factured product, instead of 33 cents per pound in the presont law. "The rate of duty on carpet wools should be considered more from a revenue basis than a protective one, and In my opinion ought to bo 10 cents per pound on tho scoured content. con-tent. "The determination of the shrinkago of each shipment of wool Into this country. must bo by testing every balq or bag In government establishments. establish-ments. ''I would like to seo tho rates high enough on rags and low grades or shoddy to prohibit their importation as we have enough of that class or adulterants produced in this country. coun-try. "The compensatory duty levied upon up-on woolen and worsted fabrics should be a specific duty of 27 cents per pound, being tho 20 cents levied on scoured wool and 7 cents allowance for loss in manufacturing (instead or 41 cents as now provided on goods valued at more than 40 cents a pound) and a graduated ad valorom to scale to equal the difference of cost of production pro-duction in this country and abroao. "The report shows the average cost of manufacturing woolen and worsted fabrics here is about 120 per cent moro than in England. Assuming the avorago manufacturing cost here to be 40 per cent of the total cost, the average ad valorem equivalent would then be 120 per cent of 40 por cent, or 48 per cent on the market value. The present law provides 50 per cent to 55 per cent These rates I "have named are the difference between the cost of production Here and abroad with no allowance for a reasonable profit. "Barring the prohibitive rates on low grade mixed goods, the present ad valorem rates are not far Trom right on the grent bulk of tvoo! and worsted fabrics, but in the future tho rate must bo graduated so as not to over-protect the lower grades or mixed fabrics. '"I have always claimed thnt the American Am-erican manufacturer is compelled bv competition to sell his goods at a profit pro-fit of from 5 cents to 10 cents per yard. Tho report shaws a fair average aver-age of profit to tho manufacturer to be 6 3-10 cents per yard, I have always al-ways claimed that tho profit made by the manufacturer of the cloth in a , suit of clothes did not exceed from 20 to 25 cents. The report supports that claim. Tho statement that tho present tariff law added $5 to each suit of clothes sold to the American people is proved faiso by the report." re-port." Senator Smoot's bill will not meet tho approval of tho Democratic members mem-bers ot the ways and means committee, commit-tee, as Chairman Underwood already has announced that ho does not lavor tho president's suggestion of levying a single specific duty on the scoured pound, and that the house bill, to bo proposed by the majority committee, commit-tee, probably would include ad valor-cm valor-cm duties. Senator Payne, ranking Republican member, and his Republican colleagues colleag-ues on the committee, are drafting a bill based upon the tariff board's report. re-port. It is said they will have tho co-operation of" the administration, and the house bill, It is said, will ary little from the Smoot bill. The Democratic bill, on the otner hand, will be based partly- upon the tariff board's figures and partly upon statistics collected by the majonty members of the ways and means committee With the Republicans of the nouso determined to fight against a bill not I entirely based upon the report, and ' Republicans in tho senate of the samo I mind, a protracted battle over the I woolen bill is assured |