U.S.A. TARIFF

Greymouth Evening Star, 18 June 1930, Page 5

U.S.A. TARIFF

COMPREHENSIVE CHANGES.

[BY CABLE —PRESS ASSN. —COPYRIGHT.]

(Recd. June 18, 10 a.m.) WASHINGTON, June 17.. Mr Hoover signed the Tariff Bill to-day. The President believes that the revised flexible provision giving the Tariff Commission power to recommend rates for approval or rejection by the President, will afford an opportunity to correct any unfair rates, and go a long way towards taking the tariff out of politics, and- obviate the necessity for another Congressional revision for many years to come. The bill provides for 1122 changes, including 887 increases and 235 reductions. There are more than 250 advances on agricultural products, including sugar, dairy products, grains, cattle, meats, fruits, vegetables, nuts, and seeds. Industrial products on which duties are increased include textiles in raw and semi-processed state, clothing of all kinds, manganese and zinc ores, and a score of other commodities. Plate glass, aluminium and automobiles are the major products reduced. Among forty-eight articles taken from the free list are softwood, lumber, cement, bricks, long staple cotton, hides, leathers, and shoes. Logs, now dutiable at a dollar pei thousand board feet, head the list. There arc 75 items placed on the free list.