American Wool Tariff.
Messrs Barraud and Abraham have forwarded us the following comparative table showing the difference between the new and old United States Tariff :
* To come into force January ist, 1895. In connection with the foregoing Messrs R. T. Turnbull and Co. (Messrs Barraud and Abraham's London agents) write as follows : "If the Bill as now passed actually becomes law without hindrance or new development, the reductions on goods and yarns will benefit all European manufacturers and give a greater impetus to the 'raw material ' than the freeing of that same from all duty in America."
Articles. und^New Duties under McKinley Tariff. Tanff - Raw wool Free Greasy wool of Merino blood ii cents per lb; if washed, double duty; if scoured, treble duty. Lincoln, Leicester, and Cotswold, 12 cents; if scoured, treble duty. Carpet wool, v; % . jed under 13 cents per sb, 32 per cent, ad. val. ; valued over 13 cents per lb. 50 per cent, ad. val. ♦ Yarns Varies from Varies from 27J cents per lb 30 per cent to 35 per cent. ad. val. to ad. val. to 38J cents per lb and 40 per 40 per cent, cent ad. vai. ad val. Woolen Varies from Varies from 33 cents per lb and 40 per cent, to 40 per cent. ad. val. to ♦ Worsted ad. val. to 44 cents per lb and 50 per Cloths 50 per cent. cent. ad. val. ad. val. Knit Varies from Varies from 33 cents per lb ♦ Fabrics 35 per cent, and 40 per cent. ad. val. to and ad. val. to 44 cents per lb and 50 per Shawls 40 per cent. cent. ad. val. ad. val.
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Bibliographic details
Feilding Star, Volume XVI, Issue 82, 1 October 1894, Page 2
Word Count
276American Wool Tariff. Feilding Star, Volume XVI, Issue 82, 1 October 1894, Page 2
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