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Specimens of articles which have declined in
price since the New Tariff went into operation eau
be multiplied TO any desired extent, and venture
you that if proof of average fall of ten
per cent. in the selling price Of Dry Goods since
September 1sr were required, can furnish it in
abundance, and it is equally certain that the prices
of other Goods, generally, are row lower than they
then were.


The time which has elapsed since the passage
OF the act is zoo short to admit of proof that
the process of accommodating foreign prices to
the new state of things existing here, has already
begun to develop itself; bat have no reason to
doubt that this result, explained in my letter of the
2ah instant, will inevitably be found; and that in
no circumstances will the consumer have to pay the
whole or the larger part of the increase of duties
provided by the new law.


am, Sir, very respectfully, your ohedent servant,


49, EDWARD CURTIS, Collector.


Secretary OF the Treasury, Washington d. C.


The warekonsing system.


lCircuar.


TREASURY DEPARTMENT.


November q, 1912.
SIR: As it IS contemplated by the Department
TO bring before Congress at its next session the
subject Of general Warehouse System, with
view to the better accommodation Of the import
business Of the United S,stes it is desirable 10
OBTAIN information upon the following points,
among others, and to receive such suggestions in
to the policy and praceicabilty Of the sys-
nish: ~ ~ w
ftrss. Is it likely that safe and conmcdious
warehoasesean Sc procured withou, the expenditure
OF money by the Government in their erection?


Second Surprising that commodious ware.
houses can De procured on llease by the Govern.
nent, would the expense Do reimbarsed bv ,be
amount of storage received; aud is MOI, is !. i;a1
that the deficiency in the smaller ports would ~
made up by the excess Of receipts for storsrs iu !.
The larger ports; in other words, assuming tha, a.
the privilege of watehousing shah be universal
will it support ITSELF without burdeniDg the reve,
nne


Third What number of additional officers. Il
any, would be necessary for conducting a Ware
house System with entire safety to the Govern
mens, affording at the same time reasonable facili
sies to importers7 In replying to this question
you are desired to advert TO the peculiar duties o
oaicers attached to this service.


Fourth. What would be the effect Of this sys
rem uPen she trade Df the larger and smaller