The Ogden standard. [volume] (Ogden City, Utah) 1902-1910, 1909-08-07
I HE payne
History Of the Measure and a
Summary of Its Principal
PTOViSiOnS--- THE New
Free List.

The progress Of the bill through th,
legislative mill of both houses wa,
eventful enough TO satisfy the mos
pronounced crlvers for parliamentary
warfare The real battle opened wber
the bill (houSe report 143S, was re.
ceved In the senate and referred ia
the committee on finance, April 10
Adrich Of Rhode Island. the leader of
the senate rs chairman of the finance
committee, subsequently became chair.
man Of the conference committee
which was appointed to adjust the dif.
ferenccs arising between senate and
house and between both houses of
congress and the president.
Taft For Free Hides.
The report of the conference com
mittcc wEicG determined what would
bc TIE provisions of the Payne bill in
lis ina! form was victory for Pres
ident Infr. Ho Informed all of the
coniereca that hides must he placed
on the free list, together with uetro-
icuin. crude and refined They there
rl"n decided to cut the Dlnglcy tariff
on hides to 5 per cent The president
heard the news and sent word that
he had meant what he had said about
free hides The figures were then
lowered 10 per cert Now Chairman
Serene T. Payne Of the ways and
means committee decided to demon
strate that his original bill. providing
FOR free hides should no longer bc sub
Jcctcd to the cmaSculatory operations
Of The majority of the conterees. He
announced that not even Il j per cent
duty on hides would he accepted by
either himself or the house without
free hides this tariff bill viii not pass
the house. he was quoted as saying
The tariff came of hides inStantcr.
and as quickly was oil put on the un-
taxed schedule. together with gaSo-
line, bcnZine and naphth1 The leather,
rough lumber print paper. coal and
iron and glove schedules ranked next
in Importance during the closing days
of the controversy.
III hides came I'm free, the important
New England boot and shoe manufac-
turing interests would consent to Il re-
duclion Of the tariff on their products.
otherwise they would continue 10 fight
The solving of the hides problem left
ii Il simple matter 10 agree TO lower
duties ON boots and ShocS-the Ding
lev rate being - per cent. Saddlery
and harness were cut to 10 per cent,
as against the Dinglcy rate Of 10 per
cent The president reSortcd to the
unusual method of sending a written
message 10 the conference committee
demanding lowor- ON lumber and
gloves than the Payne bill provided,
and he secured them
Wool and Cotton
The wool schedule underwent no
change Of consequence, but the entire
cotton schedule was reconstructed and
the phraseology greatly changed In the
hope of preventing reductions through
decisions by the courts such as hive
characterized the administration Of the
DIngley law during recent years, IN
many instances the rates intended to
be imposed by the Dinglcy law were
cut by these decisions, the reductions
I'm some instances being from 60 per
cent to s per cent nd valorcm.
Probably the most marked reduC-
tions arc found in the metal schedule
Beginning with Il decrease I'm the rate
Of iron ore from 10 TO II cents per ton
there is u general reduction throughout
that purt of the bill. pig iron going
down from 81 to $3.50 per ton and
scrap iron from 81 10 81 The reduc-
ton ON many OF the Items in this
schedule amounts 10 about 80 per cent
Rough lumber goes down from 81 80
to Sl.25 per thousand feet with cor
responding reduction In the dlGferential
on dressed lumber.
The president was subjected to Sc
vcrest pressure from both the upward
and downward revisionlsts throughout
The upward reyIsionlsts told him that
reduction of duty on hides nnd
leather manufactures would make the
next congress Democratic, i'm which
event they argued that Taft would not
possibly he renominated for the pres
idency. The "downwards" told him
that Roosevelt would surely be the
next Republican candidate for presl-
dent if The campaign promises for a
downward revision were not fulfilled,
The Corporation Tax.
Tho president had highly difficult
task also In preserving his scheme for
4 corporation tax Intact IN the Payne
bin This feature Is clearly the most
unpopular one in the entire measure,
SO f1r rs members OF the senate and
house were concerned Many Of the
members argued To the president that
the taX as provided for was uncon-
sliutiOnal Resolutions will be intro
duccd i'm the various state legislatures
condemning the act and recommend
Ing its repeal, according TO statements
made by various congressman IN
Washington
The corporation tax Of l per cent on
the entire net income over and above
5000 received by corporations from
all sources, exclusive of certain Items,
must be paid on or before June 80
each year, Persons authorized To
make returns OF statements TO the
government and who make returns or
statements Of a fraudulent nature are
subject To a fine Of 81. 900 and I'M
prlsonment for one year.
During the closing days Of the tar
In controversy. before the bill was
voted on for final passage. over forty
Republicans who had grievances Of
H. La. e