The Tariff Speech of Hon Samuel Jackson Randall of Pennsylvania in the House

Cover The Tariff Speech of Hon Samuel Jackson Randall of Pennsylvania in the House
The Tariff Speech of Hon Samuel Jackson Randall of Pennsylvania in the House
Samuel Jackson Randall
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There is no reason or equity in the proposition to place this article on the free-list.
WIRE BODS, ETC.
The clause in the present tariff as to wire rods reads as follows: Iron or steel rivet, screw, nail, and fence, wire rods, round, in coils and loops, not lighter than No. 5 wire gauge, valued at 3 cents or less per pound, six- tenths of 1 cent per pound. Iron or steel, flat, with longitudinal riba, for the manufacture of fencing, six-tenths of a cent per pound.
In the bill which I introduced
...limitation to sizes smaller than No. 5 is abandoned, and the rate is based on value.
The present rates of duty are six-tenths of a cent per pound on sizes not smaller than No. 5 wire gauge, and 45 per cent, ad valorem (ac- cording to the rulings of the New York custom-house) on smaller sizes. I propose to make it 1 cent per pound.
This rate will not, it is believed, on a fair valuation, exceed 45 per cent. , if it reaches that. Relative to the duties at present collected on these articles, a statement from the Treasury Department says: Steel wire rods lighter than No.


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