Grant County herald. [volume] (Lancaster, Wis.) 1850-1968, 1909-03-24
TARIFF BILL MAKES
MANY REDUCTIONS
Revenue Bill introduced In Con-
gress Last Week.
Puts Hides, Iron Ore, Coffee and Wood
Pulp on Free List-Lumber
and Steel Reduced.

Washington, II. e., March IL
Downward revision. maximum and
minimum provisions which impose
an average maximum duty 90 per cent
in excess of the present tariff, and
numerous provisions by which it is
estimated that the revenue to the
government will be increased by from
to $40. 600, 600 to $4,000. 900, or to
total approximatin $500. 600, coo, are
the salient features of the new tariff
bill which as introduced in the
house on Wednesday by Representative
Serene E. Payne chairman of the
ways and means committee.
The recommendations made by
President Taft that an inheritance tax
be provided and that limited amount
of tobacco and sugar be admitted tree
from the Philippines are included in
the bill.
The measure also provides for the
issuance of Panama canal bonds to
the amount Of $40. 600, 600 to reimburse
the treasury for the original purchase
of the canal, and e-enacts the provi
sion for the issue of treasury certi-
ficates, the amount being increased
from 500, 600, 600 to $3.50. 600. OOO
TAX IMPOSED ON TEA.
While there is no duty imposed
upon coffee, tea is taxed cents when
imported from the country where it
is produced and cents when from
other than the producing country.
The internal revenue tax on
cigarettes is materially increased,
while the tax on beer and whisky is
undisturbed,
A cut of 90 per cent is made in the
steel and lumber schedules, while
hides, tallow, iron ore, cotton seed
oil, and works of art more than 20
years old are placed on the free list.
The tariff on boots and shoes is re-
duced 40 per cent and on other leather
manufactures in proportion. The
pottery schedule remains about the
same, but the duties on window and
plate glass of the smaller sizes, are
increased, while the duties on the
larger sizes ale reduced.
The tariff on wool of the first and
second class, used principally in
clothing, is not disturbed, but on
wool of the third class, known as
carpet wool, it is reduced on the
cheaper grades. A 3 cent reduction
is made in the duties ON shoddy and
waste, while wool tops are assessed 6
cents pound more than the duty on
secured wool, which is unchanged.
WOODRUFF 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 in
corporated in the bill.
The duty on refined sugar is re-
duced D. 100 of cent pound and on
dextrin = cent a pound. A reduc-
ton of = cent a p-und 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
iron is reduced from 81 to 81. 90 per
ton.
The principal increases are made
in the duties on lemons. cocoa and
substitutes for coffee, coal tar, dyes,
gloves and coated papers and
photographic prints.
AS was expected, the new tariff bill
is made on maximum and minimum
basis, with the provision that the
maximum rates are not to go into
effect until sixty days after the
passage of the bill.
Reciprocity provisions are contain
ed in the paragraphs assessing duties
on bituminous coal and coke and
agricultural implements. by which
these articles are given entry free of
duty when imported from countries
which permit the free importation of
these articles from America.
INHERITANCE TAX PROVISIONS.
The inheritance tax provision of the
bill is similar to the New York state
law. 1t provides tax of per cent
on all inheritances over $500, that are
collateral inheritances or in which
strangers are the legatess. In cases
of direct inheritance the taxes
prescribed are: On SO, 900 to 800, 600
/ per cent; on 800, 900, to $500, 600,
per cent, and on those over $500,
600. per cent. 1t is estimated that
$50, 600. 900 annually will be derived
from this tax.
Mr.. and Mrs. A. H. Hale of