The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1909-03-18

lation, the revenues for 1910 would
show considerable increase over the
estimates of the committee
Would Wipe Out Deficit.
With a return to anything like nor
NAL conditions during the next fiscal
year, it is safe to predict that the de-
felt would be entirely wiped out, but
in case it is not. the bill provides for
the issue of Panama canal bonds to
reimburse the treasury for the $40
600, 900 paid out in the original pur-
chase of the canal. This would more
than make up any probable deficiency.
There is also re-enacted the provis-
ion for the issue of certificates to run
one year TO Teplenish the treasury,
raising the amount from one hundred
million TO two hundred and fifty mil
lion dollars. an amount sufficient to
provide at any time against two or
three years OF depressed business
conditions
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:
The Duties Increased.
The committee have transferred
some articles from the free list TO the
dutiable, and nave increased duties on
others for the sole purpose of increas-
ing the revenue, Most Of these ar
ticles on which duties have been in
creased are Injuries which have been
increased as follows
"PeTfumegIes and toilet articles
from fifty 10 sixty per centum adj
valOTem; fancy soap from fifteen TO
twenty cents per pound; ChicoTy root,
raw not dried, from one cent to two
ana one half cents per pound; roasted
from two and one half cents 10 five
cents per pound.
Cocoa. crude. transferred from the
free list to the dUtiable. at four cents
per pound; prepared OF manufactured
increased two cents on each classifi-
cation except that valued above thirty
five cents per pound, which remains
the SAME. Ten per centum ad val
orem is also added 10 the duties as
sessed on that valued between fifteen
and thirty five cents per pound: pow
dered cocoa from five cents to nine
cents per pound
cocoa butter from . II cents TO
> IL cents per pound; dandelTun root.
and articles used as a substitute for
coffee. = 1-2 cents to cents per
pound
Spices which are now largely on
the free list, are assessed an average
duty OF thirty per centum ad valorem.
Feathers are increased from fifteen
per centum to twenty per centum ad
ValOrCm and dressed or COlored fedth-
eTs receive an increase OF ten per
cenJum- FuTS, dressed on the skin
are assessed tweuty-Seven and a halt
per ccntum ad TalOTem.
Duties on the following articles
have been increased because the COM
mittee found that there was not sufFi-
Gent protection under the present
law" said Mr.. Payne.
Coal tar dyes or colOrs. now bear
ing a duty Of thirty per centum, TO
Jhirty-five per centum ad valorem:
zinc in ore, now brought in at twenty
per centum ad ValOTem 20 one cent
per pound for the zinc contents con-
tanned therein.
Peas, split peas, from forty cents
10 fOrty-five cents per busheI. Figs,
from two cents to two and one half
cents per pound. Lemons. from one
cent TO one and One-fouTth cents per
pound Pineapples, from seven dol /
lars per thousand 10 eight dollars
per thousand.
The Cotton Schedule.
Increases in the cotton schedule
are,
An additional duty OF one cent Der
yard on mercsrized fabrics "a new
process Of Inauufs cture invented since
the present Law was euacted).
Also . small additional duty on
lsppetS. There * also an Increased
duty on stockings fashioned and