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Waldron And The Tariff

Waldron And The Tariff image
Parent Issue
Day
23
Month
October
Year
1874
Copyright
Public Domain
OCR Text

Under the present tariff, wool imported into this country whioh is valued at less than 32 cents at the port of exportation, pays a duty of' 9 cents per ound and 9 9-10 per cent. ad valorem, equivalent to about 13 cents, por pound, or a little over 40 per cent. ad valoran. TJuderthe tariff, woolen manufacturera nototherwise specified, which include cloth in bales and bolts, pay a duty of 4ó cents per pound and 30 per cent. ad valorem. Adruitting, tor the sake of illustration, that the tariff on wool afforda souue protection to the farmer, let us see how ho h protected in comparison with the uianufacturers. Let us see how a Kepublican Oongress looks out for the interest of the farmers and how for that of the manufacturer. The manufactured goods, it will be noticed, pay i specific duty five tiuies as great per pound as the raw product does, and an ad valorem duty nearly four times as great. Suppose the average value of the cloth imported is only fifty cents per pound. In that case it pays a specific duty, first, of forty-five cents and in addition an ad valorem rate of thirty-six per cent., equivalent in this case to eighteen cents. The total duty, therefore, is sixty-three oents, or thirteen cents more than the prioe per pound oft he manufaotured article abroad. j The farmer is " protected " on an article in which the home supply is greater than the demand, and a large proportion of which mast be sent abroad to market, to the extent of a duty of about thirteen cents per pound; the manufacturer here of goods which are not manufactured in sufficient quantities to suppiy the home demand, is protected, if thé goods are worth fifty oents per pound abroad, to the extent of fifty-three cents, besides freight, costs, etc, or upwards of one hundred and twenty per cent. But it may be said that the average value of cloths imported is far more than fifty cents per pound. This may be, and yet the fact will remain that, even placing the two classes on exactly the sanie footing, which is impossible, the manufacturer is protected far more than the farmer is. Suppose the cloth is valued at three doldars per pound abroad, It then must pay a specific duty of forty-üve cents and an an valorem duty of thirty-six per cent., or 1 08. Suppose ten pounds of wool, worth $2 at the port of exportation, is imported into this country. This wool pays ninety cents specific and thirty cents ad valorem duty, altogether f 1 20. Thus the manufacturer is protected $1 53 on one pound of bis goods; the farmer scarccly three-fourthn that amount on ten times the quantity. The farmer is weighed down under the tariff for the benefit of the manufacturer. Henry Waldron was a member of the Porty-first and Forty-second Congresses. He represents a district which is essentially agricultural, but he has nev6r raised hisvoice in the interest of a majority of nis constituents. He has never pointed out and denounced the swindling impositions to which the farmer is eubjected by the tariff On the contrary, he has always thrown the weight of his influence again&t the interests of a majority of the people of his district. He has voted to weigh down and burden the farmer that manufactures may be built up. He is in favor of a dücriminating tariff - a tariff which dücriminates against the farmer and producing cla.tses. Do the farmers wish to be longer misropresented by Henry Waldron P - Free Pres.

Article

Subjects
Old News
Michigan Argus