The Montgomery tribune. (Montgomery City, Mo.) 1892-1910, 1909-03-26
PAYNE's MEASURE TO REVISE
plNGLEY ACT MAKES RE-
DUCTioN ON NECESSITIES
GRADUATED INHERITANCE TAX
Measure Expected to increase Gus.
toms Receipts $4o,ooo,ooo An
nuaIIy-Issue Of $3.50, 100000
Treasury Certificates.

Washington, d. Gull mem
bers of the house committee on ways
and means, including Democrats as
well as Republicans met at 10 o'clock
Thursday for the formal consideration
of the Payne tariff bill which saw the
light for the first time in the house
Wednesday.
The senate committee on finance at
the same time began formal consider
alton of the bill.
General debate will be postponed
until Monday, If Mr.. Payne's present
program is followed and after that
time the measure probably will be be-
fore the house for from ten days to
two weeks.
This plan Of operation is slightly
different from that which has been
followed In the consideration Of other
tariff bills Of recent years and it had
been expected that the Democratic
members Of the committee would be
afforded more time than is now con-
templated for the consideration of
the bill in committee. 1t is still pos
sible that If they insist upon delay
and succeed in presenting good
reasons for their request, they may
be accommodated.
Revenue Increased 20 Per Cent.
Downward revision, maximum and
minimum provisions which impose
an average maximum duty, 20
NOR rant In ovooco of tho pragopt tor;ff
and numerous provisions by which
it is estimated that the revenue to
the government will be increased
forty or fifty million dollars
are salient features Of the new
tariff bill which was introduced in
the house Wednesday by Representa-
tive Serene e. Payne, chairman Of
the ways and means committee.
The recommendations made by
President Taft that an inheritance
tax be provided and that a limited
amount of tobacco and sugar be ad-
mitted free from the Philippines are
included in the bill. The limit on SUI
gar is placed at 3O0,O 600 tons, on wrap
Ter tobacco at 100000 pounds, filler
tobacco at 5000, 900 pounds and $780,
600 cigars in II fiscal year. The
measure also provides for the issu.
ance Of Panama canal bonds to the
amount Of $4,000, 900 to reimburse the
treasury for the original purchase of
the canal, and re-enacts the provision
the amount being increased from
$780, 00, 900 to $500 0 {, 200.
Coffee On The Free List.
While there is no duty imposed
upon coffee, tea is taxed s cents when
imported from the country where 1t
is produced and 8 cents when from
other than the producing country.
The internal revenue tax on ciga-
rettes weighing over three pounds
per thousand is increased from SO to
$3.50 and on those weighing less,
from $1.00 to $3.50, while the tax on
beer and whisky is undisturbed.
A cut of 80 per cent is made in the
steel and lumber schedules, and iron
ore, hides, tallow, %cottonseed oil and
works of art, more than twenty years
old, are placed on the free list.
Tariff On Leather Goods Reduced.
The tariff on boots and shoes is re.
duced 40 per cent and on other leath'
err manufactures in proportion. The
pottery schedule remains about the
same, but the duties on window and
plate glass Of the smaller sizes are in,
creased, while the duties on the
larger sizes are reduced.
The tariff on wool of the first and
second class, used principally In
clothing, is not disturbed, but or
wool Of the third class, known as car
pet wool, it is reduced on the cheaper
grades. A scent reduction Is made
in the duties on shoddy and waste
while wool tops are assessed G cents
a pound more than the duty or
secured wool, which is unchanged.
Wood Pulp On Free List.
The recommendations for placing
wood pulp On the free list and reduc
ing the duties on print paper, with
certain restrictions, made by the
Mann committee of the house, are
incorporated in the bill.
The duty on refined sugar is re
duced .04 Of a IN a pound and on
dextrine " cent a pound, A reduc
tion Of . cent a pound is also made
in the duty ON starch, with the ex
ception of potato starch. Zinc in ore
is assessed / cent per pound for the
zinc contained. The tariff on pig
NEWS NOTES,