Excerpt from The Knit-Goods Industry and the Tariff
Report of Wool Growers' and Manufacturers, page 431 of Report of Revenue Commission.) It is important to observe, in view of the decision of the United States Supreme Court, and the Treasury construction thereof, hereafter referred to, that this principle is made expressly applicable to manufactures of worsted.
The above principle was practically carried out in the pro posed bill, which became subsequently the tariff of 1867, by making the specific duties on goods exactly compensatory of the duties on wool and dyestuffs, and by adding thereto the ad valorem duty. (see pages 444 to 450, Report of Revenue Commission.) Among the papers submitted to Congress by the Revenue Commission in their report are elaborate statements, one made by the Executive Committee of the National Wool Growers' Association, and another by the Executive Com mittee of the National Association of Wool Manufacturers. In the former is presented the proposed tariff on wool, with the reasons therefor. In the latter is presented the proposed tariff on manufactures of wool, with detailed and precise explanations of the purpose and effect of each of the pro visions of the proposed act. The manufacturers' statement covers the whole of the present tariff on woollen and worsted goods, except section 245, relating to bunting, and section 248, relating to small-wares, which were subsequently added by the manufacturers' executive committee through the Revenue Commission. The proposed tariff on manu factures of wool was drafted by the late Mr. E. B. Bigelow, the President of the Association, after consultation with committees from every branch of the woollen or worsted manufacture in the country, at every one of which consulta tions the writer of this paper was present. The statement was written by the writer, as the committee's secretary, but in daily consultation with Mr. Bigelow. It was signed by the Executive Committee after careful consideration by them individually. It is believed that since the death of Mr. Bigelow the writer is the only person now living who was personally familiar with every act connected with the prepara tion and final passage of the tariff of 1867, and with the revision thereof in 1873.
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