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Show oo IMPORT TAXES ! TOTAL BIG SUM' Returns Largest in History of Nation Forecast By Authorities II WASHINGTON', Nov lo.dCy the Associated l'r.-;.v )- -A e.. r.il i . -fiue of approximately $445.000, ooo tjils fiscal year from import taxes, or ( about $100,000,000 no. re fhan ever Before in the nation's history, was forecast by customs officials. Thl:s on the basis of returns under the new tariff act for a month and a half of its operation and the almost , Unprecedented income Which immedi- j ately preceded the enactment of the Irordney-McCumbor statute when 1 there -were heavy withdrawals from bonded warehouses and a rush of im-mrts im-mrts so as to avoid the higher du ties carried In the now law SLUMP NOT EXPECTED IIH The actual revenue for the first Icaonth of the operation of the prot .- Jive measure was $40,SGS.66. or .it fine rate of nearly $300,000,000 a year. Officials said this was tho 1 Ijjrst time that customs receipts had frached $40,000,000 in the month after enactment of a new tariff. Thj jfepected some recession from th(s ' monthly total, but said there was lit-Be lit-Be or no Indication of the slump In ! tTnports which usually has occurred) (Jurlng the first six months of a yeai 1 after imposition or protective rates Two explanations were offered. One Is the abnormal foreign exchange and ' I World economic condition and the I Bhcr the recovery of the country ba-ttTv ba-ttTv passage of the Fordney-McCum- ber act from the after tho war industrial indus-trial depression and attendant buyers' Strike. ITyOW COXTTNT'FS. Were there to be any great depression de-pression in import trade it would be manifesting itself by this time a,--pordlng to these officials Instead I 0f any such manifestation, they de- Otafe that foreign goods aro reaching the country In In- re .sing quantities fta evidenced by the congestion in tho I appraiser's stores at the port of New ork. H Treasury officers lcw the import gluution with much satisfaction. |