The Irish standard., 1909-03-20

Americans in the country OF the aliens.
Drawback privileges are extended by
the bill and the method of valuation
on articles upon which the tariff i'm.
poses an ad valorem duty is broad.
ened for the purpose Of preventing the
practice of differentiation.
Payne Explalns Bill.
The following explanation of the
form of the bill was made by Mr..
Payne:
The new tariff bill Ia q minimum
and maximum tariff bill. The mini
mum rates of duty are contained in
the first section. and the free list for
the minimum rates is in the second
section of the bill. The third section
contains the maximum rates. which
are generally equal to the minimum
rates and 20 per cent. in addition
thereto and the articles on the free
list, in the transfer to the third sec
ton. bear a duty Of 30 per cent ad
valorem as maximum rate. The
maximum rate does not go into effect
in any event until 60 days after the
passage Of the act BY the fourth
section the minimum rates are ap.
piled to all good terms by way of tar
III as that given to any other nation.
and the maximum rates are applied
to those countries which discriminate
against the trade of the United
States or fail to give the United
States tariff rates as favorable as
those given any other nation. This
! section is self acting. making It the
duty of the executive to collect the
duties. whether minimum or maxi
mum, In accordance with the terms Of
the bill. leaving 1t open to the courts
to decide upon the legality Of the
action"
Duty on Agricultural Products.
Agricultural products schedule: Bar
ley, from 80 cents per bushel to Is
cents; barley malt from As cents to
25 cents: cabbages from 3 to 2 cents
each; bacon and hams from cents
per pound to 4 cents: fresh meat from
2 cents to ~ cents per pound; lard
from 2. cents to i u cents: tallow from
Y of /. cent per pound to the free
list; wool grease from II Of cent to
4 OF 1 cent; dextrin. burnt starch.
and 50 forth from Q cents to ~ cents
per pound; peas, green. from 40 cents
per bushel to 30 cents per bushel;
all starch, except potato starch, from
IN cents to cent per pound: sugar.
refined, ia reduced from 9bi100 cents
to 1 9O/100 cents per pound"
Payne Makes Statement.
Representative Serene Payne, chair
man of the ways and means commit
tee, in introducing the tariff bill gave
out the following statement:
Zone problem that confronted the
committee was the question Of reve-
nue.. The business of all commercial
nations has been depressed for nearly
two years, and thus has affected our
commerce and greatly reduced our
revenues, 30 that we have a large
deficit but the revenues under the
present law are improving from month
to month, as business conditions are
becoming better.
1.-THE last normal year Of imports was
the fiscal year ending June 30, 1906;
1907 was an unusually prosperous
year, and the revenues from customs
exceeded those Of 1906 by $40 900. 900.
The committee have therefore taken
the year 1906 AZ the basis TO form
their estimate Of the revenue-produc-
ing qualities Of the new bill. Should
the next fiscal year provo prosperous
and the normal conditions OF 1906 re-
turn, on account Of the large increase
in population, the revenues for 1910
| would show a considerable increase
over the estimates OF the committee.
with a return to anything like
normal conditions during the next
fiscal year. 1t is safe to predict that
the deficit would be entirely wiped
out; but in case 1t is not, the bill pro-
| vides for the issue Of Panama canal
bonds to reimburse the treasury for
the 100000 paid out In the original
purchase of the canal. This would
more than make up any probable de-
flciency. There is also reenacted the
provision for the issue Of certificates
to run one year to replenish the treas
ury, raising the amount from 500, 00O..
900 to s25O,OO00O0, an amount suff1-
cient to provide at any time against
two or three years Of depressed bust.
ness conditions"
Changes by Payne Bill.
The statement gives the rates in
the present law, the Dingley tariff,
and shows the changes that the Payne
bill proposes The abstract Of the bill
continues:
1.-THE committee have transferred
some articles from the free list to the
dutiable, and have increased duties
on others for the sole purpose Of In
creasing the revenue. Most Of these
articles on which duties have been
increased are Injuries which have
been Increased as follows:
"Perfumeries and toilet articles
from so to 60 per centum ad valorem
fancy soap. from Is to 20 cents per
pound; chicory root. raw, not dried
from one cent to 21z cents per pound :
! roasted from 2h cents to five cents
nor no,,nd.