The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1909-05-14
Parry Lines Are Lost In This
Vote, ts Many Democrats
Favor Duty
SENATOR MONEY WANTS
BILL TO RAISE REVENUE
Money Explains Why the Finance Com
mlttee Proposes To Put Duty on
Iron Instead of Placing 1t
On the Free List.

Washington, May 13.--After day
devoted to discussing the duty on iron
ore, the Senate, just before adjourn
ment, adopted. by vote of 81 to "a, the
recommendation of the committee
finance for duty of rs cents per ton
on iron ore. The House had placed
that article on the free list, while the
present law levies duty on 1t of 40
cents per ton. In taking this vote party
lines were annihilated as II democrats
voted AYE" with the republicans, and
12 republicans voted mo" with the
democrats.
During the day Senator Bailey, in
announcing that he proposed to vote
for the duty on iron ore as a revenue
measure declared that such action does
not affect the prosperity of the United
States Steel corporation and added that
even if 1t did, there was a better way
to deal with that organization which
was by an enforcement of the anti
trust law against it. He declared that
he expected to see this law enforced,
and he expressed confidence that even
tually the officers of the Steel corpor-
alton would either be in the peniten-
tiary or fugitives from Justice. For the
first time there was a suggestion look
ing to the fixing of day for vote
on the bill. but il came TO naught be-
cause of objection from Senator Bever-
idge.
Money for Revenue.
Il am for revenue" declared Mr..
Money, who is minority member of
IL ance committee. He introduced
his 81 Hent giving the total value of
products and the total wages entering
into each under each of the sch hedules
of the bill. He said he presented the
statement particularly because of its
bearing on the iron schedule in which
+ the labor represents 2Os per cent.
1.-THE bill does not carry revenue
enough" declared he. at am of the
opinion that the expenditures of the
government cannot be reduced and 1
will venture to predict that the next
supply bills. instead of carrying $1,032,
100000, will amount to 1.100, ,00000 I
am one man at least who is for the
United States of America, and next for
the consumer"
Mr.. Money said he believed that the
increased rates on iron proposed by
the finance committee were necessary
to produce sufficient revenues
Mr.. Money had read a circular call
ing upon people to write letters to
senators asking for free hides and to
request others to do so, and charac-
terized the system as an endless pray
er business"
Nov, if these people would get to-
gether for free hides, free leather and
free shoes, Jumping them altogether, 1
might stand for the programme" said
Mr.. Money.
Protective Tariff.
Mr.. Money said 1t had been his OBJ
..rvation that in whatever country
there is a. protective tariff there is built
up a system of morality of its own;
system which not only permits one to
covet his neighbor's goods, but to take
them away by force of law.
Mr.. McCumber referred to the est-
mate of ]. J. Hill that the merchant
able iron ore of this country would be
exhausted in 80 years. Mr.. Smith of
Michigan interjected that in Michigan
alone there were 135, 200, ,000, 900 tons OF
iron ore, and If that Is mined at the
rate of $4,000 900 tons a year, 1t will
take about 5000 years to exhaust that
supply.
The iron deposits of Minnesota, he said,
were greater than those of Michigan.
while those of Tennessee and Alabama
were very large.
Replying to a query from Mr.. Curtis.
Mr. Smith said: eff we take the duty off
iron ore, it will be for the personal ad-
vantage of Mr.. Schwab alone"
Iron Ore in Sight.
Al. AIdricb o,,o+inp frop, tho ranort of
the chief of the geological survey, said
the estimate of iron ore in sight was
$4,000, 100000 tons, which he said would
last 1900 years.
."Then does the chairman of the commit
tee on finance say that We are to have
protection Jon iron ore for 1900 years?'
asked MfsttsRayner, but Mr.. Aldrich
Analyzfre the economic features in
yolved III. 1f1ee iron ore as giving the
limited Sfafes Steel corporation the same
advantage ~ scheapness as it would give
the indep~19eht companies. Mr.. Bailey
was tns ssyns msen of Mr the tariff tariff
nor asked how It happened that the Steel
corporation was using every effort to
keen the duty on iron Il don't know
that. and therefore l will not attempt to
explain IT," retorted Mr.. Bailey.
Mr.. Bailey said he could understand
how senator's representing states along the
Atlantic seabeard would desire free iron
ole for sheir Industries.
pSecord lin Parties.
Referring to <,fssensions in the demo-
cratic party foiI9Hdng the issuing of bonds
4 by President IieN land, Mr.. Bailey de-
clared that the el,ublican party is now
even more rent bY Internal discord than
was the democrat partyfat that time.
when yoqSf he roll here said Mr..
agreeing narsa with Phey 81 are are doing t' their
duty as they3 stsfand it. But while
Ryou find twoA Ytaemocrats In agree