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AMERICAN TARIFF REFORM.

—~0 Pa Aagctt 13th tbe United States Houie of Bopreienfcatives pasted tbe Senate's Tariff 8Ut%182 toIOS. The Benate's Bill provides that raw sugars shall pay 40 per cent ad valorem, but above 16 Dutch standard i per cent iv addition, nod from bounty p&yiog oountries 1-10 per cent; additional. Iron ore will pay 40 cents per ton, pig-iron i dolt per ton, iron or steel rails 7-20 of a cent per pound, preoioui stones out and unset 25 per oent ad valorem, pre> eious tf ones set 30 per cent, and prooious stones uiout 10 per cent ad valorem. Gltzier'i and mineiV diamonds are admitted free. T^ool is also free. Ti'nplote will pay 11-15 cast per pouo& after October Ist, Jhe following v a statement showing the reductions made ty the Senate Biil m the average ad valorem duties as compared with the iaties at present impoaed cnder lbs MoKinley l»w :— The dttjes on painted obina are reduced from 60 per omt to 35 per oent ; on plain ohina SB per oent to 30 per oent ; on -manufactures of glass 60 percent to 85 per «eQt ; pig iron which paid from X) psr cent to 41 per c«nt will pay from 15 to 21 p«r oent; tbe duties on iron ore are reduced frou 83 per oent to 23 per oent ; on scrap steel 43 p»r cent to 26 per oent. Bar iron, which paid bom 25 per cent to 33 per oent will pay from 16 £Mr cent to 32 per cent- The duties oi> tteel rails are reduced from 58 per cent to 35 per oent ; on bars of rolled iion from %l per oent to 45 per oent , <m boiler oe other plate iton or ileel

1 54 per cent to 25 per cent. Sheets o f iron or steel common or bleok - whioh p.ud from Jo per oent to 70 per cent, will pay from 20 p«:r cent to 66 per cent. The dutiss on tin p'ft'es are reduced from 78 per cent to 42 per cant ; on tin manufactures from 55 par cent to 35 per cent. The duties on ej Under glass, polished and uosilvered— now 20 p r rent to 64 per oent— will be from 13 per cat to 48 per oen* ; or plate glass, fluted, do —now 49 per cm* to 64 per oent—37 per o • tco 43 per oant ; on plate glass, unsilverad, out, &o. —now 98 to 174 per oant - 88 per oeat to 122 per cent. r ihe duties on plate glass, o-tst and tilvered, and above 24in by 60in, arc reduced from 49 per oent to 31 per osnt ; oc cylinder and orown glass, tilvered. from 4fc p<r oent to 88 per cect Steel ingots, etc., new paying from 20 p*r cent to 60 per cent, will pay from 20 par cont to 40 p«r cent ; nails, now 23 per ce;>c to 46 cent, 26 per oent to 80 per oeot- Ib# du'y on railway fish plates is reduced fro ■' 7« per cent to 25 ppr cent. Sorewp, now paying 47 per cent to 111 per cent, will pay from 33 por oent to 67 per cent. The duty on lead eheC* is reduced from 37 percent to 18 ps-r oent ; on niokel, from 23 per cent to 14 par cent ; on manufactures of m9tal, from 45 per cent to 85 per cent ; on cotton oloth, not over 100 'threads and not blesched, from 35.17 par ! cent to 35.05 par cent ; do bleauhod, from 38 per oeat to 26 percent ; ditto dvrd, coloured, eto, from 41 per oent to 30 p«r ca-J ; on cotton oloth, exceeding 100 threads, unbleached, from 42 per cent to 32 per cent ; di'to ditto bleached, from 43 per cedt to 38 por cont j ditto dyed, coloured, ito , from 44 per cont. to 38 per ceut; on woollen ja-n, fr-m 278 per cent to 80 per ceut ; on noolloo *hn»l* Dot above 40 oents a p^und, from 186 p«r cent to 35 per oent. The du f y on blankets — new 80 porojntto 104 per cent — U fired fit 85 per oent } on woollen bats— now 86 per ceut. to 106 psr cent— 3s per cent; on flame's not over 60 cents a pound— now paying 85 per cont to 104 psr cent— 2s per oent to 35 per oent ; and the duty on Bilk, partially manufactured, is reduced from 60 per cent to 29 per cent. l Plates of oopper not rolled— now paying 11 per oent— will be duty free ; binding twine— now paying 6 per oent— will be duty free ;as will aho oil and water cobur paintings &nd statuary, which are a'b present liable to a duty of 15 per cent.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/THD18940927.2.30

Bibliographic details

Timaru Herald, Volume LVII, Issue 6066, 27 September 1894, Page 4

Word Count
796

AMERICAN TARIFF REFORM. Timaru Herald, Volume LVII, Issue 6066, 27 September 1894, Page 4

AMERICAN TARIFF REFORM. Timaru Herald, Volume LVII, Issue 6066, 27 September 1894, Page 4