New-York tribune., 1909-07-26
ASK MR.. TAFT TO YIELD
Continued from first page.

11o ba. .ained what he regards as an important
ooncassior in the cotton schedule. where sub
s+an+ta1 reductions have been made from the
Senate rates on the cheaper grades ne mas
been able to bring about an agreement lol oiiiS
a nominal duty iron ore and FOR mat Ia
reduction Of the duties on coal and lunlDer-
sides he forced the conferrees TO come TO MS
position that no countervailing duty Oh any NiiiN
shall be imposed on crude petroleum
In the main the reductions in the metals
scbadnIe meet his approval He is especially
nIeased with the action of the conferrees IN re-
ducine the duty on scrap iron TO 81 ton "liic'i
is reduction of So from the present rate
sor,a of the extreme downward revisionlsts
in congress have tried to impress the FreSiueii
nv furnishing him with statistics showing 'ia'
even under the substantial reductions iIauT ,iIa4'nr+
the metals schedule there ma! Oe IL"
tions. r.1, doee not regard it
necessary genuine revision tnat ,rts tbsv will
shall be reduced to a point NhelT I ts CON
make for additional importation he 3u fnI
,inced that an era of great prospsIos - that
Io,, the enactment Of the tarlH Jaw, 80. ahu de
low LOW are er vii he remarkable in the growing de
rnand for steel products
FAITH IN CONGRESS
,rbe reductions in the steel schedule may no.
res,,It in great iron and steel lmpoI -,
MFR Taft is satisfied that the lower uuu -
serve 10 prevent increases in the cost VI -
nrodICts toAthe American consumers anu
onab1e foreign competitors to enter this market
whenever the home demand cannot Oe i
the output of American mills.
Although Mr. Taft has not given careiuI stuuS
70 the amendments made by the conference
r,i+toe 70 the clauses Of the maximum and
minimum, section which had the effect OF
authorizing the creation of tariff bureau ne
does not think the changes made are destructiVe-
He is disposed to construe this part OF the Iarln
act with all possible liberality He expects CON
gress to be generous in supplying him Win
funds to make all needfql tariff Investigations
and as early possible after the passage II
the bill he Will take steps to set in motion the
machinery which is necessary to ascertain the
truth about the tariff.
Some of Mr.. Taft's friends say that advocates
Of downward revision ought to ask him 10 "do
something ha andsome" for the seventeen Repub-
Iican Representatives who went to the White
House ten days ago and urged him 10 stand by
the Senate duties on lumber, iron ore hides. coal
and petroleum
At the time this call made the President
had no intention Of making a public statement
setting out his position with reference to the
raw materials mentioned He is satisfied now
that he spoke at the psychological moment and
that If it had not been for the call Of the dele
CATION headed by Representatives Young and
MondeII many Of the concessions which he has
forced from the committee would have been i'm
possible Of attainment.
THAT statement started backfre throughout
the country which has enabled Mr.. Tart 10 view
with eduanimity the grinaces and contortIoiS
OF certain ultra high protectlonlsts. FROM Ct'g
Middle West especially there has come noou
OF congratulatory letters and commendatoTy
dispatChes There has been notable cnange vi
the attitude of the Republican press toward the
pending bill. and Mr. Taft feels well repaid 1or
the fifteen minutes which he devoted 10 !lSteH-
ing TO Mr. Youngs plea Tot the gi IRON or "'"O
try Of the Upper Peninsula OF Michigan