Tariff Reform Bill Shifts to Ad Valorem Basis
Washington news outlines the Ways and Means Committee’s tariff bill strategy, stressing ad valorem duties over specific rates, broad free-list of raw materials, and sweeping reductions across sugar, tobacco, wool, and wearing apparel. It reports Republican cautions, Democratic leadership statements, and quotes from Reed, McMillin, Breckinridge, and others as the measure nears March 1 implementation.
MENTIONED IN THIS ARTICLE
Washington
Ways and Meany Committee
Reed
Burrows
Hopkins
Payne
Dalzell
Charman Wilson
White House
Wilson
Committee On Ways and Meana
Clay
United States
Bryan
Nebraska
Tarsney
Missouri
Waya and Means Committee
Democratic Party
Clifton R. Breckinridge
Arkansas
Ways and Means
Tom Reed
Ways and Means Committee
McMillin
Tennessee
Sovereign Elected General Master Workman of Knights of Labor
James B. Sovereign of Iowa was chosen general master workman by an 8 to 9 vote against James Campbell of Pittsburg. The meeting in Puinavenrata November 28 featured a full executive board elected, Powderly resigning with broad support for Sovereign, and a harmonious session. Other items include Utah Central receivers appointed, Hannigan resigns from Burlington line, Pewabic mine fire endangering 350 workers, and assorted regional updates from Canada to California.
MENTIONED IN THIS ARTICLE
H. D. Martin
Minnesota
J. I. Kenney
Nebraska
D. L. Ray
South Carolina
T.B. McGuire
New York
Workman Powderly
Messrs
Sovereign
Campbell
McGuire
Powderly
Jame*terward
Hay
Utah Central
Sart Lame
Central Trust Company of New York
Utah Central Railway
James McGregor
Clarence Carey
Central Trust Company
Pewabic
Jnon Mountain
Mich
The New Tariff Schedules and Republican Critique
A critical examination of Wilson tariff schedules argues they mix protection with revenue and fail to deliver clear republican principles. The measure leaves high ad valorem duties on iron and textiles, frees wool, lumber, coal, and crude fibers, and shifts to a misfitting ad valorem approach while keeping protection for the wealthy and free access for art. It claims the bill reduces sugar bounty and introduces a sliding scale, ending with farm produce on the free list and a critique of its political viability.
MENTIONED IN THIS ARTICLE
Mr. Wilson
Wilson
Market summaries from Montague and Co and Chicago trade
Wheat turned stronger at noon after a weaker opening, corn eased but closed up a quarter cent, oats rose half a cent, provisions declined. Chicago receipts showed 33 000 hogs, prices down 6 to 10 cents with some unsold. cattle receipts 4,560 with steady prices. sheep 9,000 with a steady market. New holiday goods noted at Mrs G W Parham's leading millinery house.
MENTIONED IN THIS ARTICLE
Montague & Co
Spangler & Brllington
Atlantic
Iowa
Reeves
G. W. Parham
Also Mentioned on This Page
Ad Valorein
McKinley
Walton
Orromwa
Shaw
Louisville
W. P. Shaw
Barr
Federal District Court
The
Knights of Labor
Stephens
Hannigan
Cridaco
J. E. Hannigan
Burlington, Cedar Rapids and Northern
James Morton
Cedar Rapids
Hoge
Paso
Tex
J. Hampton Hoge
Amoy
Roanoke
Lewelling
Pittspore
Kan
Daniels
Girard
Montreal
Albany
St. Johns
Que
Anpany
Buffsio
Moershel
Moershell
Ladie
Sale Gommenges
Sadie’s
Gent
Fairbanks
Chicago, Ill
York
Etnees
China Hall
C. W. Brown
Crockery
Chinaware
China Line
W. Brown
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