AMERICA’S TARIFF.

Taranaki Daily News, 27 July 1922, Page 5

AMERICA’S TARIFF.

BATTLE OVER WOOL SCHEDULE. RAISING PRICE OF CLOTHING. By Telegraph.—Press Assn.—Copyright. Received July 26. 10.20 p.m. Washington, July 25. The Senate continued an all day battle over the wool schedule in the Tariff Bill. Senator Wadsworth said he did not complain at a 33 per cent, duty on fine wools, since this was only equal to a 33.6 to 43.3 per cent, rate, while the proposed ad valorem dvtv on coarse wools would mean an 8.25 to 183.3 per cent. rate. The rich roan’s .clothing had therefore only been increased 50 per cent, in price, while the poor man's was raised 75 to 100 per cent. Senator Wadsworth declared the woollen industry was one of great importance and should be protected, but very little coarse wool was produced in the United States. He added that the proposed duties would arouse the animosity of millions not engaged in agriculture. resulting in a revulsion of feeling and bringing the destruction of protection for the farmer. He concluded that the interests of the wool users in the United States were more important than the interests of the wool raisers.—Aus.-N.Z. Cable Assn.