Mckinleyism As It Appears to a Non Partisan
Mckinleyism As It Appears to a Non Partisan
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44 Add also 50 per cent, ad valorem 20| And we have a total of 105| or 64J cents protection on 41 cents worth of goods.
It is claimed that the specific duty of forty- four cents per pound of cloth accorded to the manufacturer in the above estimate is to oSset the eleven cents per pound allowed the wool-grower on four pounds of un- washed wool, which are supposed to have gone into the pound of cloth ; but the fact is that the law does not require the pound of cloth to be made of American wool at... all, nor of any raw material on which there is a duty of to exceed four cents per pound (counting the 88 I. VrOR TA TION OF FARM PRODUCTS.
raw material unwashed as we do in estimating the pro- tection accorded to American wool). The law says with respect to the material which shall enter into the construction of this pound of goods that it may be " wholly or in part of wool, worsted, the hair of camel, goat, alpaca, or other animals, " so that, in fact, the pound of cloth may be one-fourth wool, one-half cotton, and one-fourth ground woolen rags, or it may be com- posed of cheap foreign wool, on which there is what is equivalent to a three-cent-per-pound duty, and cotton on which no duty at all is paid, or it may have in it a trace, more or less pronounced, of good wool, on which there is a duty of eleven cents per pound.
What to read after Mckinleyism As It Appears to a Non Partisan?
You can find similar books in the "Read Also" column, or choose other free books by Beatty John to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
44 Add also 50 per cent, ad valorem 20| And we have a total of 105| or 64J cents protection on 41 cents worth of goods.
It is claimed that the specific duty of forty- four cents per pound of cloth accorded to the manufacturer in the above estimate is to oSset the eleven cents per pound allowed the wool-grower on four pounds of un- washed wool, which are supposed to have gone into the pound of cloth ; but the fact is that the law does not require the pound of cloth to be made of American wool at... all, nor of any raw material on which there is a duty of to exceed four cents per pound (counting the 88 I. VrOR TA TION OF FARM PRODUCTS.
raw material unwashed as we do in estimating the pro- tection accorded to American wool). The law says with respect to the material which shall enter into the construction of this pound of goods that it may be " wholly or in part of wool, worsted, the hair of camel, goat, alpaca, or other animals, " so that, in fact, the pound of cloth may be one-fourth wool, one-half cotton, and one-fourth ground woolen rags, or it may be com- posed of cheap foreign wool, on which there is what is equivalent to a three-cent-per-pound duty, and cotton on which no duty at all is paid, or it may have in it a trace, more or less pronounced, of good wool, on which there is a duty of eleven cents per pound.
What to read after Mckinleyism As It Appears to a Non Partisan?
You can find similar books in the "Read Also" column, or choose other free books by Beatty John to read onlineMoreLess
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