Show FALSE PROPHETS cole E morgan washington washing ton staff correspondent of the universal hearst service writes to his newspapers newspaper that tariff experts declare that the hawley smoot bill will increase the american work ingmans cost of living 20 per cent these are arc doubtless the same experts in in misrepresentation resen tation who made the same game prediction as to the effect of the fordney mccumber tariff bill in 1922 official figures show that the decrease in wholesale price of commodities entering into the cost of living other than farm products was substantial under that law the cost to build the house louse of to class it is estimated will increase inci ease case to from to due to duties on cement lumber hardware etc writes this sapient correspondent if the entire duty laid on gumbei were added to the present price of lumber which it will not be tile the increased inci eased cost of timber in such a house bouse would be less than 10 freight rates make tile the tariff of 6 cents a hundred pounds on cement ineffective away from the seaboard and you can figure for yourself what such a tariff even if added to the price of cement would add to the cost of construction of a house the additional cost of a ton of cement if the tariff were added would be all of the truth is is that the new tariff will add little or nothing to the cost of constructing such a home A year hence the predictions made by the expert romancers who have been misrepresenting the new tariff law will make quite as laughable reading as the predictions of the 1922 attackers of an increased tariff do today there has been an orgy of misrepresentation of the new nem tariff law which will react against its authors when the american people learn by experience how preposterously inaccurate their statements have been the new tariff law will not materially teri ally increase the cost of 04 liv ing but it will improve the wage earners chance of making a living by insuring a larger use of commodities grown and made in in america rather than in the cheap labor markets of the rest of the world |