AMERICA’S NEW TARIFF.

Timaru Herald, Volume CXXV, Issue 18349, 21 August 1929, Page 9

AMERICA’S NEW TARIFF.

Report Of Senate Committee. VARIOUS CHANGES MADE. (United Pres* Association- By Electrlo Telegraph —Copyrlgh t ) (Received May 20, 10.30 p.m.) WASHINGTON, August 20. The House of Representative's Tariff Bill, as revised by the Senate Finance Committee, has been made public. The Republicans carried approximately 360 increases and reductions, from those made by the House. The measure wall be taken up by the Senate on September 4. The more important rate change included the restoration of the present 31 cent duty on raw wool, which the House raised three cents per lb., and increases in wool w’aste duties. In proposing the elimination of the House increase on raw wool, the Committee re-adjusted downward all woollen manufacturers' duties, except a few, such as wool waste, which has been given a substantial increase. Statement Issued. The Senate Finance Committee has issued its draft of the Tariff schedule. Wool remained at 31 cents, in comparison with 34 cents proposed by the House of Representatives. Eucalyptus oil was put on the free list, in comparison with 25 per cent, proposed by the House. Hardwood carries 15 per cent, duty, the same as the House; fresh fruits 49 per cent., compared with the House’s 35 per cent.; cheese eight cents, the same as the House proposal. Butter carries 14 cents duty; hides 10 per cent.; wheat 42 cents per bushel; beef six cents per lb; sheep three dollars per head, all the same as the House. Sheep skins carry 10 per cent., compared with 25 per cent, imposed by the House.