Los Angeles herald., 1909-04-20
ALDRICH OPENS
TARIFF DEBATE
TRIES T0 SHOW MEASURE IS
REVENUE PRODUCER
SENATORS AND MEMBERS OF
HOUSE LISTEN ATTENTiVELY
Daniel, Leader of Minority In Finance
Committee, Shows Line of OPP
position to Be Made by
Democrats
Continued from Page One,

(Continued from Page One)
mate of revenue for 1910, based upor
| the Importation of 1907, $345,00O,OO0.
! ~ have assumed the importation Of
1907 is the proper basis for comparison
| We should not lose sight of the fact
that there will be approximately
100000 people more in the United
States to be provided for in 1910 thar
in 1907.
Business activity and the movement
| for increased importations already has
commenced. The customs receipts foi
the thirty nine business days from
March to April 10, inclusive, as com
pared with the corresponding days In
1908, show $12031, ,09S.0S, or an average
daily increase of $26l, ,545.50. This in
crease seems to be progressive, as the
report for the last day which | have
April 16, shows receipts from al
sources $2,072, ,071.85, as compared with
receipts of $1,283,3 ,321.30 on the CORE
spending day of last year.
Conditions Improved
"There is no incentive for these en-
larged importations except improved
conditions of the country and reduced
stocks of imported merchandise. The
character of the legislation proposed
no reduction for accelerated imports,
as there are practically no rates above
the rates imposed by the act of 1897.
EFF the same rate of increase which
has obtained since the first of March
should be applied to the eighth month
of the fiscal year 1910 we should then
have an increase over the receipts, for
the present fiscal year-say 295,000,0 900
and $54, 401, 1865, making a total of $349,-
401, 900, without taking into account the
additional sources of revenue provided
for.
For 1911 I have estimated an in
crease of revenue of $40000,000 and a
reduction of expenditures of $4,000, 900,
consequent surplus of $30,000,000.
Condition of Treasury
THE treasury has today, including
the $74,681, ,275.85 which it is entitled
to receive for reimbursements of canal
expenditures, practically $100,000,000 OF
working balance. This surplus is like
ly to be reduced 100000 by June 30
by additions to the deficiency for the
current fiscal year, leaving on that
date an available surplus of $94, 1000, 900. ="
Stating that he was aware that the
accomplishment of the $35,000.000 re-
duction in expenditures he had sug-
gested for 1911 in his estimates would
be surrounded with great difficulty.
Mr.. Aldrich said the rapidity with
which our national expenditures had
increased within the past three years
was a source of anxiety, IL not alarm
ing.
"But a different condition existed
when the appropriations for the year
appropriations were less, than the esti-
mates does not relieve congress from
responsibilities for their unprecedent-
ed extravaganza. No excuse whatever
can be found for similar legislation In
the future.
"It is important In the interests of
public service that a radical change in
the procedure with reference to ap-
propriations should be made.
"In the face of the~record l have
disclosed, no political party can afford
to place new and unnecessary barriers
upon the industries and people of the
United States, and l should regret ex-
tremely If the party of which I am
member should assume any such re-
sponsibility...
Speaker Cannon carefully followed
Mr.. Aldrich's remarks.
Criticises Amendments
At the conclusion of the reading of
his prepared statement Mr.. Aldrich
launched on criticism OF amendments
prepared by Mr.. Daniel for a tax on
the gross receipts Of corporations and
by Mr. Bailey for tax on incomes,
each of which, he said, would impose
$780, 900, 900 of taxes.
Mr. Daniel spoke in part as follows:
This Is a prodigious bill. It con-
tains 302 pages and carries about a
million dollars page. The Demo-
cratic members of this body never saw
it or heard it read, for it was not read
at the only meeting of the committee
until April 12, when it was reported
here by the chairman of the finance
committee with amendments. None of
these amendments we were permitted
even to see before they were here pre-
sented.
''I cannot regard this as either good
constituents who are much interested,
besides we are all Americans. We are
all as anxious for justice to be done to
our country as any of those who as
sumo the prerogative of excluding us
from opportunities Of which they avail
themselves.
''The indignity is toward the people
of the United States, and toward the
senate, which is the only body in the
country where there remains free de-
bate and where the members in their
rules and in their conduct try to make
everything as fair and open as possible.
Would Conserve, Not Destroy
"I would conserve and not destroy
any of the plants and industries which
raise by reasonable taxation revenues
which,we need. If we don't do this, and
are won away from 1t by the fascina-
ton OF the word Free we will find our
selves in a quandary of deficits. with
interest bearing bond issues quick on
their heels. Our declarations and the
conditions alike require something more
than this. We have declared for ma