The Ogden standard. [volume] (Ogden City, Utah) 1902-1910, 1909-03-18
COMMITTEE ON WAYS AND
MEANS APPROVES PAYNE
TARIFF BILL
Expresses Opinion That New Measure So Constructed That Will Be
Able TO Meet All CondtionsResouon Adopted Authorizing
the Printing of 10000 Copies 5000 of Which will
Embody Views of the Minority

Washington. March 1S-Immediate-
" after the house convened TODAY.
Mr.. Payne OF New York. chairman OF
the committee on ways and means.
reported back the tariff bill without
amendment.
Mr Payne oeffred a resolution pro-
vidng for the printing of 10000 copies
of 1t, 25,000 Of which shall be In doc
,mentary form and embodying the
views of the minority. After a good
zeal OF discussion, the resolution was
adopted.
The report accompanying the bill.
which was presented by Mr.. Payne.
is made up in the main of extracts
from the statement regarding the
schedule. which was yesterday given
out by Mr.. Payne, but The introduc-
tory portion of 1t Is devoted to an eX-
planatlon of the committees reasons
for its course. Two principal reasons
for the readjustment Of the schedules
are given, The first of these is that
after the lapse of twelve years, SINCE
the enactment Of the Dingley law,
many new complications In the tarin
have arisen, and il Is said that the
public demand has been confirmed
By the information received by the
committee since 1T began It's inveSti-
cation, In the second place, 1t is stat
ed that. since the Dingley bill went
into effect, large number of foreign
countries have adopted tariffs with
maximum and minimum rates, so that
section Of the present law is not
regarded as sufficiently broad to meet
the changed condition as these new
foreign tariffs provide for the higher
rate on large part of our exports
The committee expressed the opin-
ion that the new bill is so constructed
that these conditions will be fully met
It Is said that the bill proposes a re-
duced rate on the bulk OF Imported
articles. The committee then under
takes to give an Idea OF the import
snt character Of the work in which It
has been engaged, beginning with tho
statement that the preparation OF the
bill was no easy task. The popular
demand for the cutting OF rates Is re.
ferred to, and against this is set the
Republican policy OF protection, whose
cardinal principle. 1t is said. is the
protection of American Industries and
American worlmen against the differ
6nce In cost of production at home and
abroad. The necessity for more reye-
me at the present time is also dis.
cussed at some length. II is asserted
IN,
BUSINESS, the revenue under the pres
ent laws have been sufficient 10 meet
the expenditures of the government,
and the fact is pointed out that. tax.
Ing the entire period from 1897, the
date OF the enactment of the Dinglcy
bill, until 1909, there has been sur.
plus Of receipts over expenditures
amounting to S74,555, ,40S. The total
receipts for this period exclusive OF
postal revenues was $6,55S, 22O, ,26o, and
the expenditures, also exclusive OF
postal expenses $6.4S3. .664,S56.
Comment is then made upon the ef-
fect OF the present industrial depres
zion, and In that connection the COM
mittee SAYS:
1T Is the hope of the committee
that, with a return of business pros
perlty, the revenues will show large
percentage OF increase and prove en-
tirely adequate for any natural and
economical scale OF expenditures"
II is then pointed out that. even
since the beginning OF the present
month. there has been an upward ten
dency OF receipts.
In explaining the provision for au-
tnorizing the issue of s45,000o00 OF
additional Panama Canal bonds. the
report says that the BELIEF OF the
committee is that the entire expendi-
ture for the building OF the Panama
Canal should be met by bond Issue.
Mr.. Payne calls attention to the
Great amount OF labor involved in the
preparation of the bin now before the
mousse. and ho speaks OF the great as
slstance rendered the committee by
the department OF commerce and la
Dor and the state department.