Bulletin; Committee on Finance Volume 54-56

Bulletin; Committee on Finance Volume 54-56

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This historic book may have numerous typos and missing text. Purchasers can usually download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1894 edition. Excerpt: ...since 1883 in both material and labor. Selling prices since 1890 have decreased. No agricultural products are consumed in our business, We use hatters' fur, bands, and bindings, hat sweats and some hatters-' satins of domestic production. We pay a duty on silk and cotton of 50 per cent, fur 20, leathers-35 per cent. There would be a necessity for duty on manufactured articles with free raw material. The disadvantage of labor is three times that of material. Wholesale prices have been about the same since 1892, but more value is given for the price. We find the average for 1893 was $10.19, and for 1892, $11.28 per dozen. We think the present duties should remain unchanged. No. 6691. Reply of Cro/ut & White, of Danbury, Conn., manufacturers of Kate. Established in 1856. Capital invested, $120,000. Our manufactures are stiff and soft fur hats, their value running from $18 to $84 per dozen. We have a capacity of 100 dozen per day. Previous to 1893 our trade was increasing, but during 1893 and up to the present time we have been running only about half time. We think our trade has fallen off on account of the agitation of the tariff question. We need a 55 per cent duty to compete with foreign made goods, as they pay no duties on their raw materials, and their labor is very much lower than ours. If the duty on manufactured hats is reduced to 30 per cent, as in the proposed Wilson bill, and trimmings are kept up to their present duty, we would require 55 per cent protection on the manufactured hats to compete, or we should have raw materials--fur and trimmings--free of duty. We do not think the idea as proposed by De Forest, to have hat lining, band, and binding come in all cut, a practical one, as hats vary so much in depths and widths of...show more

Product details

  • Paperback | 444 pages
  • 189 x 246 x 23mm | 789g
  • Rarebooksclub.com
  • United States
  • English
  • black & white illustrations
  • 1236874080
  • 9781236874085