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HIGH PROTECTION.

AMERICAN REVISION. IS IT TO BE SHELVED? COMMISSION TO REPORT WITHIN FIVE YEARS. BY TELEonArH-7-rnEsg ApsoQiXfioN^ooyyiiiGHT.' .(Reo, Jan. 8, 8,56 p.m.) ; v New York, January 8. Spnator Beveridgo has introduced Bills into thp Senate, with the authority of President Roosovolt, proV)dmg r for t)io mont of fivo commissioners (npt Congressmen) to inquire and ropQrt, within five yenrs, rospeoting tariff revision. v "A NEW TARIFF'ERA," ' »' Secretary" Taft, President:.' '.'Roosevelt's uonuuca for the Presidency, is reported to have declared for tariff revision, .but critics have complaine4 of a note of irresolution- in his speeches and a tendencytp 'postpone the ques-, tion. The appointmont-: of a commission, which may not report withm half. a : decade, would seem to lend colour to this criticism-" - It is, of course, a hotly contrpverted question ' in the United States. as to whetbor' the ' country wants : a modification pf, the. present I high protection system, ""and, if A so;'what degree ot modification. Tho first cry for red«c- ; turn of the tariff wall came from the farmers and agriculturists of the .West, who feared the effect oil . their oxports of retaliation by countries like Germany,. and who, asked , for reciprocal arrangements. For the present, by agreement with Germany, t|»9 TJmted States has the benefit of the German lower tarift; but t)ie whole position has to bo faced. R. L. .Ijridginan, writing in the "Atlantic Monthly,'' asserts that a- .new tariff era" has opened. High protection. IB being'attacked, not only by theoretical .Freetri»de(a,': but';by the very manufacturers : themselves. To tho disgust of the consumer, who sees American watches sold so much more cheaply abroad than at home, that it costs less to import them from London than to buy -thenwin'-New-York, is now added tho dissatisfaction of facturer, who foreign markets more or, less closed to Ins goods., Great pressure will, the writer says, be brought to bear on tho Republican party to secure' an 'early revision,

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https://paperspast.natlib.govt.nz/newspapers/DOM19080109.2.39

Bibliographic details

Dominion, Volume 1, Issue 90, 9 January 1908, Page 5

Word Count
318

HIGH PROTECTION. Dominion, Volume 1, Issue 90, 9 January 1908, Page 5

HIGH PROTECTION. Dominion, Volume 1, Issue 90, 9 January 1908, Page 5

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