Mr. CHANDLER. The letter which the Senator read only corroborates what I said, that this whole thing was gotten up in the interest of the rollers of iron. All the establishments named in the letter are, I believe, with 9nt exception, rolling establishments. Now, if manufactured iron is to come into this country against the interests of our mines, our forges, our blast furnaces, I desire that it shall come in paying the highest rate of duty. t costs, as I said before, 60 dollars a ton to put ore into the form of scrap. I would just as soon you should bring in a ton of new railroad bars as a ton of old. The expense of rerolling is very small. If the old railroad iron is sold instead of being rerolled, what is it sold for? It is sold to manufacture into scrap and bar iron instead of rails; sold because your duty on railroad bars is less than your duty on bar iron. It is sold because the rollers of bar iron can afford to pay a higher price than the excess of duty on rails. That is all there is to that. If you are to bring in manufactured iron from abroad, then by all means encourage the introduction of that which pays the highest duty for the benefit of the country. If you are going to introduce 300,000 tons of manufactured iron, I would rather have it of that kind which pays 55 dollars a ton than that which pays 3 dollars, for the interest of the Treasury. This wrought scrap iron is perfect, all but one process, to wit, heating and putting through the rolling mill. Now, sir, do not defraud your Treasury by encouraging the introduction of this class of iron that pays little or no duty, to the detriment of other interests that pay enormous amounts into the Treasury in the shape of internalrevenue taxes. The duty is too low. The duty ought to have been, as this Gentfrom Pennsylvania, whose letter I read, says, 6 and 12 dollars. It ought to have been 6 on pig and 12 on wrought, and that would have been no more than a fair protection. The Senator has been misinformed as to this article of cast scrap. This cast scrap is of exactly the same value as pig. There is no difference whatever in the value. It is simply thrown into the furnace and melted in the same way that pig is, and has to go through the same process. There is no difference. You should have the same duty on scrap that you have on pig. But, sir, I have placed it very low indeed, at what every other than the rolling mill men will say is too low, to wit, 4 and 8 dollars. I hope the Senate will adopt the amendment.