Evening Republican, Volume 18, Number 9, Rensselaer, Jasper County, 10 January 1914 — TARIFF RESPONSIBLE FOR DECLINE IN CORN [ARTICLE]

TARIFF RESPONSIBLE FOR DECLINE IN CORN

Millions of Bushels From Argentine ' Republic Under Contract for Shipment to U. 8. New York, Jan. ft—Nearly 300,000 bushels of Argentine corn were being unloaded in this port yesterday, and millions more from the South American republic are under contract. The importations are the direct result of the removal of the duty oq the staple under the recent tariff act. More than 1,000,000 bushels have been received in the United States since the tariff jyent into effect, the first from Argentine ever brought here, and already the competition with American eorn .has forced a decline in cash values. Thirteen ships are, either enroute here are unloading with corn from Argentine, and one American manufacturing concern, which usep corn in the manufacture of syrup and kindred products, has 5,000,000 bushels from the country under contract for delivery. When the new Argentine corn crop is harvested the importations will increase. The corn already-here found the railroads unprepared to handle it and the port without adequate docking facilities. The fact that hitherto practically no com has ever moved west has also confronted the railroads with ,a new rate problem, as there is a movement on foot 1 among the importers to have the present nominated rate for western shipment reduced.