The Yakima herald. [volume] (North Yakima, W.T. [Wash.]) 1889-1914, 1909-08-11

President Taft picked Up = ul~thcr of
peB''l pen sent him from the Philip |
pine islands for the purpose and |
signed the Philippine tariff bill. Presi- |
dent Taft left the capitol about 6 |
o'clock through driving storm
y'ne signing of the bills had been |
preceded by busy day in both |
houses. At the meeting ut 10 o'clock |
the senate devoted four hours in de-
has- on the measure At O'Clock a
vote was taken ON the conference re-
pore and following this Aldrich's CON
scuiTent resolution regarding hides was
adtsited.
Turn Rari, C3ock.
Six o'clock was agreed upon by the
two houses as the hour for final ad-
jousrnpent. Senators loitered about
until that hour A resolution of
thames to Vice President sherman was
passed and that officer in turn thanked
the senate fer their courteous treat
men and wished them pleasant
journey home.
The house devoted the last day of
the session to perfecting the tariff
business. Speaker Cannon announced
his committee appointments, and they
We're received with varying degrees of
satisfaction. A concurrent resolution
amending the leather schedule was
adopted without a dissenting vote
after an the business had been con-
| cluded. A half hour still remained
until the adjournment hour. and the
a hat
speaker had the hands of the clock
set ahead % minutes.
| Before adjourning Speaker Cannon
thanked the members for their serv-
ices during the session. The members
did not indulge in the usual hilarity
THAT marks the close of session and
they filed solemnly out. exchanging
! here and there "A goodbye and best
Wishes for a pleasant vacation.
YH1l Is Sincere.
President Taft issued a statement
tonight subsequent to signing the new
ta.dfi bill declaring tina, Will" IN"
measure is not by any means perfect
! ii is sincere and an honest effort
| carrying out the platform pledges and
emb0dies the real rev sion downward
In substance Taft says that be signed
the Payne bill because he thinks it is
a sincere effort of the republican party
| to make a downward revision accord
ing to the platform. He does not con-
| slider it perfect, nor a complete COM
p1ance with the party promise, hut its
complete compliance. involving as 1t
does many schedules and thousands Of
articles could not be expected. EX-
&c pting liquors. silks and some high
a. asses of cotton goods. all of which
- considers luxuries. President Taft
.ays there has been no increases in
the rates. There have been, he says
a great number of real decreases and
they constitute a sufficient amount to
justify the statement that there has
been a substantial downward revision.
This is not a free trade bill 1t was
not intended to be. The republican
party did not promise to make free
trade bill" President Taft then eX-
planned that what was promised was
that the rates would be reduced in
cases where the cost of production
abroad exceeded the difference be-
tween the cost of production abroad
and here, making allowance for a
greater normal profit on the invest
ments here. He said that while this
excess has not been reduced In q
number of cases. it has in a great ma
| jority of them and are now low
enough to permit the importing of
foreign articles to prevent any excess
tsive prices.
Passing to the Philippine tariff bill.
he said he has been struggling for ii
10 years and predicted it will greatly
| increase the trade between the two
countries and do much to build up
the Philippine islands. President Taft
said the administrative clauses of the
bill and customs court are admirably
constructed to secure a uniform and
pseedy construction of tn claw.
| Regarding the corporation tax Pres
dent Taft declared 1t to be just and
| equitable measure, and he expects it
| will not alone be useful in preventing
a deficit but will secure some valuable
statistics and increase publicity con-
corning the corporations.