Evening Republican, Volume 15, Number 300, Rensselaer, Jasper County, 21 December 1911 — PRESIDENT RECOMMENDS CUT IN WOOL DUTIES. [ARTICLE]

PRESIDENT RECOMMENDS CUT IN WOOL DUTIES.

Tariff Board’s Report Sent to Con. Washington, Dec. 20.—President Taft sent to congress Wednesday the long awaited report ot the tariff board .on Schedule K of the AldrlchPayne tariff act, and with it a mes sage recommending that the rates on wool and woolens be materially reduced. > The report shows that the existing rates on many classes of wool and wool manufacturers are prohibitory and greatly In excess of the difference in the cost of production hero and abroad. The duties arc so arranged as to keep out of the United States entirely wools of finer qualities which if imported might be used to displace the cheap substitutes now employed.

President Taft calls attention to these points and urges that a revision of the schedule be proceeded With at once. Neither the president nor the board proposes definite rates of duty, Mr. Taft holding that the function of the board merely is to present findings of faot on which rates of duty may be fairly determined in the light ot adequate knowledge and in accord with the economic policy of the fol lowed. President Taft recommends that a policy of protection based on the difference in cost of production ai home and abroad.