Relation of customs tariff rates to production, wages, trade extension, and cost of living-Continued.

Cotton manufactures (not including carpets, hand

kerchiefs, and wearing

81527-22-MISC

1 Courtesy Bureau of the Census, subject to final adjustment, essentially correct.
2 The "apparent" Fordney rates, being those written in the bill, mean nothing for comparisons. They look low, but are to be applied under a new "American valuation clause"
to American wholesale prices, whether such prices are made by price-fixing or otherwise. The "actual rates" here shown are figured on foreign costs in connection with domestic
prices, or from foreign costs plus usual wholesale charges where other means are not available.

8 The Payne law was operative only July 1-Oct. 3 of this fiscal year 1914. As there is no other census of production since 1909, we use the Payne rates to the 1914 census as indica-
tive of prewar Payne conditions.
As the Fordney rates are higher than the Payne and the Senate is urged to enact rates equal to the Payne, this column indicates what this might cost in a prosperous year of
high prices.

These are mostly finished products like braids, pillow cases, thread, and belting. In 1919 they totaled in cottons only $12,033,412; in silks $13,721,087; and woolens, $2,144,333.

Relation of customs tariff rates to production, wages, trade extension, and cost of living-Continued.