Omaha daily bee. (Omaha [Neb.]) 187?-1922, 1909-03-18
Chairman Payne of Ways ard Means
Committee Introdt n
the House. e
REVISION GENERALLY DC iRD
1t is Estimated that it Will -
Revenue Forty Millions -
TAX PLACED ON INHERITAI .grS
REVISION GENERALLY Dc
TAX PLACED ON INHERITAl
Rate Placed on Direct Descent Range
from One to Three Per Cent.
BIG CUTS IN LUMBER AND STEEL
These Schedules Arc Reduced Fifty
Per Cent--Hidcs Placed on Free
List and Boots and shoes
Cut Forty Per Cent.

NuN FoFtb OenNs
WASHINGTON, March 17-The long ex-
pected tariff bill was presented to the
house OF representatives today by Chair
man Payne Of the committee on ways and
means, and referred Until 1t is reported
out OF committee, which, Mr.. Payne said
he hoped would be at an early day, the
measure will not become official Accord
ing to a statement made by him upon the
floor he did not anticipate any committee
changes. The republicans manifested their
pleasure at the Introduction OF the bill by
vigorously applauding.
Messrs Bartlett (Ga.) and James 0ly.)
made good their caucus pledge not to ac-
cept committee appointment unless first
approved of by their minority leader, Mr.
Clark (Mo.), and flatly refused to serve
tho committee on mileage, the membership
of which was announced by the speaker
No objection was made because of Mr.
Bartletts attitude, but It required vote
OF the house before Mr.. James was eX-
cused by the Speaker. although it was
manifest that the vote was Overwhelmingly
against excusing him.
Provisions of the Bill.
Downward revision, maximum and
minimum provisions which impose an
average maximum duty 20 per cent
I'm excess of the present tariff and
numerous provisions by which It is
estimated that the revenue to the
government will he increased from $4,000
900 to $5O.OO0.OOO are the salient features CT
the new tariff bill which was introduced
in the house today by Representative
Serene E. Payne, chairman of the ways
and means committee. The recommended
tions made by Prcsid snt Taft that an in
heritance tax be provided ard that limited
amount OF tooacco and sugar be admitted
free from the Philippines included in
the bill The measures also provides for the
issuance of Panama canal bonds to the
amount OF S4O.OO0.000 to reimburse the
treasury for the or1ginar purchase OF the
canal and Te-onaais the provision for the
issue OF treasury certificates. the amount
being increased from SlOOvOO.OO0 10 $3.50
100000
While there Is no duty imposed upon
coffee, tea is taxed cents when imported
from the country where 1t is produced and
cents when from other than the produc-
ing country The internal revenue tax on
cigarettes is materially increased. while the
tax on beer and whisky is undisturbed.
cut OF so per cent is made in the steel
and lumber schedules, and iron ore, hides,
more than twenty years old are placed on
the free list.
Boots and Shoes Reduced.
The tariff on boots and shoes is reduced
10 per cent and on other leather manu-
factories In proportion. The pottery
schedule remains about the same, but the
duties on window and plate glass of the
smaller sizes are increased. while the
duties on the larger sizes are reduced
The tariff on wool OF the first and second
class, used principally in clothing. is not
disturbed but on wool of the third class
known az carpet wool. Is reduced on tho
cheaper grades, cent reduction is made
I'm the duties on shoddy and waste while
wool tops are assessed cents more thar
the duty on secured wool. which is un-
changed. The recommendations for placine
wood pulp on the free list and reducing the
duties on print paper with certain re
strictions, made by the Mann commission
OF the house are incorporated in the bill
The duty on refined sugar is re-
duced four one-hundedths OF cent
pound and on dextrin u cent
pound reduction of II cent a pound 1,
also made In the duty on starch with tn,
exception OF potato starch, Zinc In ore /,
assessed 1 cent per pound for the zinc con
tained. The tariff on pig iron is reduced
from 81 to t25O per ton.
The principal increases are made in tn,
duties on lemons, cocoa and substitutes TO
oSffee, eoal-tar, dyes, gloves and coateC
papers and photographic prints,
As was expected, the new tariff bill Il
made on a maximum and minimum basis
with the provision that the maximum
rates are not to go into effect until sixt!
days after the passage of the bill. Th
rAcinrQgftv nrovisiopa ara Ia, n
paragraphs assessing duties on bitumnou
coal and coke and agricultural implements
by which these articles are given entr,
free OF duty when imported from countrie
which permit the free importation of thes
articles from America.
Tax InherItances.
The Inheritance tax provision of the bill
is similar to the New York state law. |
provides a tax OF per cent on all inheri
tAnees over $500 that are collateral inheri
tances. or in which strangers are the le
Ratees. In cases OF direct inheritance tn
taxes prescribed are On $l0O00 to SOOO0
! per cent; on $4,000 to s6OO,OOO. per cent
and on tho@e over $4,000 per cent It
estimated that s2O.OO0OOO annually will b
derived from this tax
The Inheritance tax provision exempt
from taxation any property bequeathed I
any religious. educational charitable mis-
sionary, benevolent, hospital or infirmar
corporation. Personal property other tha
money or securities belonging to a corpora
tion or association organized exclusively fc
the moral OF mental improvement OF me
or women. or for scientific. patriotic q
similar purposes, IL made exempt from th
tax. A discount of 3 per cent is provide
for n the tax Is paid within six month
from the time il is due An interest wi
be charged and collected at the rate OF
per cent year II the tax is not paid With
eighteen months from the time il accrue,
II an estate Is tied up IN necessary Htig,