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Winchester, Virginia
What is this article about?
On March 24, a bill was reported in the U.S. House of Representatives proposing a tariff revision on imports effective June 30, with small duty increases, particularly 25-33.3% on coarse woolens and cottons, impacting commerce and manufacturing.
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Full Text
A bill was reported in the House of Representatives yesterday, embracing provisions of great importance to the commercial as well as to the manufacturing interests: it proposes a revision of the tariff of duties on imports, to take place on the 30th June next. The bill is of too great length to allow of its immediate publication; but we gather, generally, from a hasty glance at it, that it proposes a small increase of the present duties, and, on the present rate of duties, on coarse woolens and cottons, an increase at the rate of from twenty five to thirty three and a third per cent. The bill shall be published at length, perhaps in our next.--Nat. Int.
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Where did it happen?
Domestic News Details
Primary Location
Washington
Event Date
March 24
Outcome
proposes small increase in duties on imports, specifically 25 to 33 1/3 percent on coarse woolens and cottons, effective june 30.
Event Details
A bill reported in the House of Representatives proposes revision of tariff duties on imports, important to commercial and manufacturing interests. The bill is lengthy and not yet published in full, but includes small increases in present duties.