The Century Illustrated Monthly Magazine (May 1913): Vol. LXXXVI. New Series: Vol. LXIV. May to October, 1913Various
History
The Century Illustrated Monthly Magazine (May 1913): Vol. LXXXVI. New Series: Vol. LXIV. May to October, 1913
Various
Periodicals
In addition to the so-called compensatory duties, the tariff provides
a distinct protective duty of from fifty to fifty-five per cent.
on cloths. High as this duty appears in comparison with protective
duties in most of the European countries, it is not exceptionally
high as compared with the rates under other schedules of our tariff.
It is only when taken in combination with the compensatory duties,
which the official report of the Tariff Board has shown to be largely
protective, that the prohibitive character of the duties in Schedule K
comes to light. The figures of annual imports published by the Bureau
of Statistics throw an interesting light on this aspect of the case.
They show, for instance, that the duties on blankets in the fiscal year
1911 ranged from sixty-eight to one hundred and sixty-nine per cent.
of their foreign selling price; on carpets, from fifty to seventy-two
per cent., being the lowest duties imposed on any manufactures of
wool; on women’s dress-goods the duties varied from ninety-four to one
hundred and fifty-eight per cent.; on flannels, from seventy-one to one
hundred and twenty-one per cent.; on woolen and worsted cloths, from
ninety-four to one hundred and fifty per cent.; on knit fabrics, from
ninety-five to one hundred and fifty-three per cent.; on plushes and
pile fabrics, from one hundred to one hundred and twenty-two per cent.
None of these rates tells the whole story: they all understate the
duties to which foreign goods are subject under the law; for they
represent the duties on goods that were able to get into this country
over our tariff wall. In some cases the imports represent vanishing
quantities, only a few dollars’ worth, being probably the personal
purchases of returning travelers. The duties that are high enough to
keep foreign goods out of the country naturally do not find their way
into the returns of the Bureau of Statistics. An illustration of this
feature is furnished by the report of the Tariff Board. The duties upon
woolen and worsted cloths just cited from the report of the Bureau
of Statistics are shown to vary from ninety-four to one hundred and
fifty per cent. The Tariff Board, in making a comparative study of the
industry at home and abroad, obtained a set of representative samples
of English cloths with prices at which they are sold in England, the
duty they would have to pay if imported into the United States, and the
prices at which similar cloths are sold in the United States. Sixteen
of the samples, representing the cheapest cloths sold in England at
prices of from twelve to fifty-four cents a yard, are not imported
into the United States at all, owing to prohibitive duties ranging
from one hundred and thirty-two to two hundred and sixty per cent.
Thirteen out of the sixteen samples would have paid duties higher
than the highest rate of one hundred and fifty per cent. given in the
report of the Bureau of Statistics for cloths actually imported. This
Public-domain text, read in full here on John Shaqi.
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