The Black Hills union and western stock review. [volume] (Rapid City, S.D.) 1904-19??, 1905-01-20
EXTRA SESSION 70 b heidi
PRESIDENT FAVORS PROMPT &C.
TON ON TARIFF REVISION.

TON ON TARIFF REVISION.
ASKS COMMITTEES TO DRAFT BILL
Insists That Schedules Be overhauled
Along Conservative Lines-Will
Fight Hard for Law Regulating
Railroad Rates.
Washington, Jan. 11.-President
action looking to revision by con-
gress of the tariff. He so informed
the senators and representatives who
were in conference with him at the
white house last Saturday, and he
has made plain his position to others
since that conference. He will call
the flfty-ninth congress into extraor-
binary session as soon as the com.
mittees have indicated that they are
prepared to submit tariff measure
for passage. One Of those present at
the conference on Saturday said, in
view OF the many conflicting stories
published regarding the meeting, that
the president informed them that
while he did not believe in any sweep.
ing revision OF the tariff, and would
abide absolutely by the judgment of
the two houses OF congress, In mat
ter that related so particularly to
them, yet he did think the time had
come when the schedules should be
thoroughly examined and there should
be readjustment as to certain of
them. The president added that his
own view was that the special session
should take place at the earliest date
at which the committees OF the two
houses could come to an agreement
as to bill.
1t was added that there is not the
least prospect Of differences so rad
ical arising between the president
and Republican leaders in congress
over the tariff question as to cause a
split in the party. While the presi-
dent is deeply in earnest In his de-
sire for tariff revision, he regards
the question as one OF expediency in
which no great principle is at stake.
On another question, however, that
OF legislation relating to the inter-
state freight rates OF railroads, his
mind is quite made up. He will fight
for that legislation and fight hard.
He hopes to secure from congress
some definite action regarding that
legislation at the present session, but
if he does not he will bring the sub
ject again before congress at the pro-
posed extraordinary session and will
urge with all his power the crystalli-
cation into law of the recommends
tons he already has made to congress
on that question. The freight rate
question he does not regard as one
of expediency. He holds that it is
a subject in which great moral prin-
ciple is involved, and one very near
to all the people OF the country. He
regards it, in fact, as the paramount
issue at this time.
The president cordially approved Of
the disposition of congress to hold
the appropriations down to the low
est possible limit, but he urged very
strongly that the naval appropriations
should not be materially disturbed.
Several senators contend steadfastly
that the responsibility for tariff re-
vision agitation must be borne by the
house, while the senate will join in
perfecting such legislation as may be
provided If an extra session is called
by the president, and bill be passed
by the house.
Few senators are to be found who
are willing to discuss the matter for
publication. beyond saying that If a
tariff session is called, it should not
be held before autumn, to be con-
vened in October preferably.
There is lively exchange of views
and gossip regarding the tariff re-
vision going on in the house. The
only approach to poll Of members
ON the subject is that which was com.
pleted by Representative Tawney Of
Minnesota, the Republican whip"
before the holiday recess. MT Taw
ney found decided sentiment In IA
yor of an investigation by the proper
committee of the house OF changes
in industrial conditions which may
have taken place since the passage
Of the Dingley bill, with the view OF
ascertaining the necessity or other.
wise Of changes in the schedules.
The result Of this inquiry was placed
in the hands OF the president at the
recent discussion of tariff views. and
undoubtedly had its weight in the dis.
| cussion.
Run on New York Bank.