AMERICAN TARIFF

Hawera Star, Volume XLIX, 21 January 1930, Page 5

AMERICAN TARIFF

WOOL SCHEDULE CRITICISED. “SMELLS TO IHEAVEN.’’ (United Press Association—Bj- Electric Telegraph Copyright.) NEW YORK, Jan. 20. Commenting on the forthcoming review of the Tariff Bill before the Senate the “New York World’’ states that the Senate will then ‘ ‘ have an opportunity to undo the betrayal of consumers contained in its abject surrender, to the unreasonable demands of the wool growers and manufacturers.'’ “If for no better reason than political expediency,’’ the paper adds, “the wool schedule should be overhauled and. the rates drastically re- 1 duced. As it now stands the schedule smells to heaven and will rob the poorer) citizens. It is really a blow at the) farmers’ pocket book. The large wool ranch owners enjoy better conditions than almost any other agricultural group. They have recently been adversely affected by two bumper clips in Australia, but the price of wool is still further above the pre-war level than the prices in other staple farm products. “Under modern conditions the small farmer cannot raise sheep for wool at a profit. In effect then, the higher duty means taxation cf the Jess prosperous for the benefit of a small fraction of relatively prosperous people.’’