Audubon Republican. [volume] (Audubon, Iowa) 1894-1925, 1909-03-25

which Is designed to increase the
country's revenues to $300,000,000 a
year, is being considered by the ways
and means committee of the house,
1t was presented to congress Wednes-
day.
The senate committee on finance
also began informal consideration OF
the measure. The probabilities are
that the house committee will have
only one sitting on the bill, that the
measure will be reported to the house
Il. Immediately after 1t convenes to-day
and the debates will begin next Mon
day.
The measure, which was introduced
by Serene Payne, chairman Of the
committee, chairman of the ways
and means committee provides for an
inheritance tax; increased internal
revenue tax on cigarettes; 100000
900 issue Of Panama canal bonds; an
increased issue of $150,000,000 In
treasury certificates, and the imposi.
ton OF duties on q maximum and
minimum basis. Coffee, hides and
iron ore are on the free list; boots and
shoes, leather goods, steel and iron
products, lumber, wool shoddy, and
waste, and the cheaper grades of third
class wool are materially reduced. Tea
is taxed eight cents a pound. The In
ternal revenue tax on beer and whis
ky is not disturbed. Thirty thousand
copies will be printed.
No Duty on Coffee.
While there is no duty imposed
upon coffee, tea Is taxed eight cents
when imported from the country
where 1t Is produced, and nine cents
when from other than the producing
country. The internal revenue tax
on cigarettes is materially increased
while the tax on beer and whisky Is
undisturbed. A cut of 80 per cent
is made in the steel and lumber sched
ules. Hides, tallow, cottonseed oil
and works of art more than 20 years
old are placed on the free list
The tariff on boots and shoes Is re
duced 40 per cent. and on other lcath
er manufactures 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 as carpet wool, 1t Is re-
duced on the cheaper grades.
Duty on Agricultural Products.
Agricultural products schedule: Bar.
ley, from 80 cents per bushel to Is
cents; barley malt from 45 cents to
% cents; cabbages from to 2 cents
each; bacon and hams from cents
per pound to cents; fresh meat from
2 cents to 1h cents per pound; lard
from 3 cents to " cents; tallow from
n of / cent per pound to the free
list; wool grease from " of cent to
II OF / cent; dextrin, burnt starch,
and e: forth from cents to III cents
per pound; peas, green, from 40 cents
per bushel to 80 cents per bushel;
all starch, except potato starch, from
~ cents to l cent per pound; sugar,
refined, Is reduced from 95/100 cents
to 10000 cents per pound"
Reduction for Wool.
A five cent reduction Is made in
the duties on shoddy and waste, while
wool tops are assessed six cents a
pound more than the duty on secured
wool, which is unchanged. The
recommendations for placing wood
hn OF bn
duties on print paper, with certain re-
strictions, made by the Mann commit.
tee OF the house, are incorporated In
the bill.
The duty on refined sugar Is reduced
800 Of a cent a pound and on dex-
trim half cent pound. A reduc.
ton of half a cent a pound Is also
made in the duty on starch, with the
exception of potato starch. Zinc in
ore is assessed one cent per pound
for the zinc contained. The tariff on
pig iron Is reduced from 81 to $3.50
per ton.
Where Increases Are Made.
The principal increases are made In
the duties on lemons, cocoa and sub
stitutes for conee, coal-tar, dyes,
gloves, and coated papers and litho-
graphic prints.
AS was expected. the new tariff bill Is
made on q maximum and minimum
basis, with the provision that the
maximum rates are not to go into eff
feet until 60 days after the passage
of the bill. Reciprocity provisions
are contained in the paragraphs as.
sessing duties on bituminous coal and
coke and agricultural implements. by
which these articles are given entry