The evening times. [volume] (Grand Forks, N.D.) 1906-1914, 1909-07-21
DAN PATCH AND MINOR HEIR THRILLING RACE TO LOWER THE WORLDS
CQ@ On NORTH D0TAS GREATEST STATE FAIR TRACK At GRAND FORKS


lette. 1t is expected that the Philip
pine section as approved by the sub
committee will be adopted by the con-
ferees on Monday. 1t provides for
the free admission of 100000 pounds
of wrapper tobacco. 100000 pounds
Of filler tobacco, and 100000 tons of
sugar.
With the exception of rice and the
Limitation placed upon tobacco and
sugar, all articles. the. growth, prod
uct, or manufacture of the Philippine
Islands," will be admitted free. The
inclusion of the words, "or manufac-
ture," is the subject of criticism in
many quarters.
Many members O. congress think
that they would make it possible to
ship raw materials into the Philip
pine Islands for manufacture with
cheap labor, and then bring them to
the United States free of duty. AS
originally adopted by the house and
later introduced in the senate, the
Philippine section contained a provis-
ion requiring that manufactured arti-
cles, in order to obtain the benefit
of the free admission into the United
States. should not contain ingredients
other than products of the islands.
Panama Bonds Authorized.
By action yesterday, the tariff con-
ferees settled the question of giving
the secretary of the treasury author
ity to issue 10-year bonds at a rate
of interest Of per cent, to cover
the entire cost of purchasing the site
and constructing the Panama canal.
An amendment to the tariff bill, CIV
ing the authority, was prepared by
Secretary MacVeagh and delivered to
Representative Payne at the treasury
department during the noon recess.
1t was adopted when the conference
was resumed after luncheon.
The effect OF the bond provision is
to repeal the limit of the authoriza-
ton contained in tha Spooner act, al
thought not interfering with the 2 per
cen. bonus issued unuer tnat author
ity to the amount Of $S4,G31 $50. The
estimated cost of the canal is $685.
201, 900, which will be the figures
named in the new authorization, and
bonds at the rate of 3 per cent may
be issued as they are needed, there
fore. to the amount of $290,569, 900.
1t is understood that bonds to the
amount of $50,000,000, covering the
cost of the canal property and the
canal zone, will be issued at an early
date, in order to reimburse the treas
ury working balance from which the
money paid for the property was
drawn.
There is no longer any question
that the corporation tax amendment
will be accepted. Attorney General
Wickersham still has it in his custody
but the draft has been seen hy some
of the nonfarees. and they have found
it to be satisfactory. It will tax the
net earnings of corporations ors:miz-
ed for proit at the rate cf per cent.
Some difficulty was experienced in
working O, t the deductions OF exelnp-
tions, but it is understood that all Of
the objections to those features have
been removed.
Reductions in Wool.
Practically the only subject consid-
cred during the forenoon session of
the conference was the woolen sched-
ule. Three reductions were made
on women's and children's dress
goods, tops and yarns.
During the afternoon session an ef-
fort was made to dispose of the cotton
schedule, and many OF the senate's
specific rates were adopted Work
on this schedule was not concluded,
however, as there were numerous 9TH
er questions on which the conferees
desired disposition before adjourning
until Monday.
The metal schedule. with the ex-
ception of iron ore and few of its
products, practically has been agreed
upon. Some Of the paragraphs may
be reopened when the iron ore ques-
ton has been settled. On wire nails
the rate on those of inch or more
In length was fixed at four-tenths
of cent per pound. and on the small
or sizes three-iourths of cent. The
changes represent an increase on the
smaller sizes. and decrease on the
larger Sizes, in comparison with the
Dingley rates.
Congratulations for Taft
President Taft received large
number Of kilograms and letters of
congratulation yesterday The coun-
try has been waiting. 1t Ia said. for
some time. to hear direct statement
from the president in regard to the
tariff. and now 1t is rejoiced to get
H. oC6iuc6 LuC6o AoILCI6 huu Iclc.
grams. the president was heartily
congratulated by members of the
house who called on him yesterday.
Among those who expressed their
congratulations wore Representative
Tawney, chairman of the appropria-
tions committee Of the house. and one
of the Republican leaders of that body.
He declared that the presidents state
ment was most timely. He spoke
hopefully of the conferees' ability to
frame bill that would be acceptable
to the country and to the president.
Representative Douglas of Ohio and
Representative Longworth. son-in-law
of former President Roosevelt. also
called to convey their congratulations
to the president.
Representative Gronna of North
Dakota said that the west would back
the president In his fight for down.
ward revision Of the tariff. Represen-
tative Prince of Illinois. Representa-
tive Miller of Kansas and Representa-
Of