Congressional Edition Volume 7966

Congressional Edition Volume 7966

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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. 1922 edition. Excerpt: ...of the zinc industry during the half year with imports of 7,405 tons, exports of 2,255 tons, and apparent consumption of 83.965 tons, is strikingly shown by comparison with the two periods of 1919 and the first half of 1920. when imports were nothing, exports from 70,000 to 90,000 tons, and consumption from 160.000 to 175,000 tons. "World zinc stocks have been recently stated as about 160,000 short tons, exclusive of the stocks of sheet zinc, of which Belgium is reported to hold 45 000 tons." Until political disturbances in Europe disorganized industry in one of the principal zinc-producing centers of the world, importations of slab zinc into this country were, according to Government figures, growing, reaching in April 6,300,000 pounds, with a total for the 10 months ending April of over 13.000,000 pounds. In spite of any testimony to the contrary which may be presented to this committee, we who are in close touch with world conditions as they affect the businesses which we ourselves have reared have every reason to believe that as soon as order is restored in the affected district we shall again be confronted with price offerings which will further discourage our domestic zinc producers or with actual zinc importations on a large scale. Excepting zinc oxide, the bill as reported to the House of Representatives provided a certain schedule of duties for two years only and a certain lower schedule thereafter. (See appended table of zinc tariff rates.) This lower schedule Is, in fact, the rates appearing in the tariff act of 1909. (It should be borne in mind that these 1909 tariff-rates were originally fixed when our zinc plants were operating on a 10 or 12 hour instead of an 8-hour basis and paying freight charges one-half more

Product details

  • Paperback
  • 189 x 246 x 29mm | 984g
  • United States
  • English
  • black & white illustrations
  • 1236930363
  • 9781236930361