Vernon County censor. [volume] (Viroqua, Wis.) 1865-1955, 1909-07-21
PREDICTED THAT TARIFF BILL
WON'T COME OUT OF CON-
FERENCE IN FORTNIGHT.
PROPOSED CORPORATION TAX
LIKELY TO BE CUT
IN MIDDLE.
POSSIBILITY THAT INHERITANCE
TAX MAY DIsPLAcE THE
TAFT IDEA.

Washington, July 11.--Chaaper cot
ton and WOODEN goods, and cheap hos
lery and womens gloves--the former
demanded by the house and the latter
by the senat promise TO be among
the most stubbornly fought questions
in the conference ON the tariff bill. At
least hat is the way it appeared at
the close of the first days session
There was a great deal of specula-
ton yesterday morning among the
Headers in congress who are not parties
to the conference, as to what will be
done with these items. Many members
expressed the opinion that the house
would yield on the cotton and wool and
the senate on gloves and hosiery in
compliance with the protectionist's
idea OF stand-patism
II this should be the outcome it is
predicted that vigorous protests will
be heard In both the senate and the
house from the advocates of down.
ward revision. Some members went
as far as to say that an effort he made
to reject the conference reports in
the event Of such a glaring instance
of upward revision"
The effect of the amendments to the
cotton and wooden schedules in the
house was material reduction on
ItYtfn hn
these by a decisive vote. On the
other hand the house advanced the
les on hosiery and women's gloves
far above the duties fixed by the Ding
ley law. and the setnate declined to
accept thu increases.
Two sessions of the conferees were
held yesterday. All the conferees were
present except Senator Cullom, who
Is not in the city. Amendments were
considered today in their numerical or
der. When the session closed for
the day the conferees had passed
through 1.-THE chemical and earthen-
ware schedules and more than half
way through the metal schedule. All
the amendments IN these schedules,
however. were not settlde Neverthe-
less the conferees expressed satisfac.
ton with the progress made.
Adjustment of the differences be-
tween the house and senate does not
prove so serious a task as is indicat
ed by the large number of amend
ments About 500 amendments consist
of changing certain phrases. Eliminat-
ing these. il is pointed out that there
are less than 400 amendments that
represent opposing views.
Few members of the conference
COMMITTEES are willing to place the
time necessary for the completion of
the bill in conference at less than ten
days, Notwithstanding the large mum
her Of purely verbal amendments.
Some OF the conferees place the
probable length of the conference at
fortnight or more. In support Of
their view they point to he fact that
he senate put in the bill an entirely
new maximum and minimum provis-
ion, the corporation tax amendent, a
proIsion for the establishment of a
cns oms court, and a new admins
trative act covering multitude of
questions not raised in the house. In
addition to all these new features. the
senate struck out he house amend
ment for the imposition of a federal
Inheritance tax, and it's new drawback
feature.
Questions of so much Importance
cannot he disposed Of in a day or a
week" said on of the conferees last
night Then there are a host of
changes in import taxes that will
take time / guess We win be locked
up in this building for two weeks at
least"
The corporation tax amendment has
not been considered by the conferees
in any way Nevertheless ii was pre-
dicted in congressional circles last
night that the proposed tax on the
ret earnings of corporations be re-
duced in conference from two per
cent to one per cent.
"Tha- has been suggested said Mr..
Africh. when asked con, erning the
report that a reduction is to be made
~ the tax We said he could not say
what would be done. 1t was report
& also that the corporation tax pro
vision may be eliminated and the
house Inheritance tax provision re-
stored to the bill but no confrma
tia0 ot this story could be had, nor
could its origin BE- traced.