The Denison review. [volume] (Denison, Iowa) 1867-current, 1909-08-04
The CONFERENCE Bill.

THE CONFERENCE BILL
Sioux City Journal: The Payne
tariff bill, as it will be reported back
to both houses by the conferees. is q
fair and adequate response to the pop
ular demand for revision downward.
That is the substance Of Chairman
Payne's brief in support Of the con-
ference report. upon which the repub-
lican conferees agreed unanimously,
having been assured 10 advance Of the
approval Of President Taft Even
those whose disposition 10 to criticise
the bill will have to admit that Chair
man Payne is able to make strong
showing Of facts and figures in sup.
port Of his contention.
Az TO the general trend OF the re-.
vision Mr.. Payne offers 10 evidence Z
little table, the accuracy Of which
will have to be discredited before
even foundation can be laid FOL
claims thas the Payne Aldrich 70.
vision is not revision downward. The
table purports to give the approximate
consumption value Of imports on which
duties have been changed. The show.
ing is that duties have been decreased
on imports Of = consumption value o.
81. 978. 122. 124. while the increase Of
duty affect imports Of consumptive
value Of only $3.50. 5l2. 525. Il thil
is approximately correct tho odds 10
favor OF revision downward % COM
pared with revision upward are more
than six to one. Not only that. but
it is shown that most OF the revision
upward is on luxurjes. $579. $50, 1922 Of
the total Of 1852. 5l2. 525 consumption
value representing luxuries. such as
silks. liquors, perfumes and jewels.
In this connection it is we'll to note
that there has been and will be nc
objection to revision upward on lux
uries. Additional revenue being
needed. the public will applaud an
effort to get it by increasing the tax
on articles used exclusively by the
well to do.
Calling the roll of the schedules,
Chairman Payne is able to make ar
imposing showing Of reduced duties,
while the increases are few and fsl
between. Perhaps the most notable
reduction is found in the metals
schedule-iron and steel particularly.
The duty on iron ore is cut from &C
cents to is cents ton. pig iron drop
ping from 81 to So. so and scrap iron
from 81 to 81. There are heavy re-
ductions on finished products. amount
ing IN some cases SO per cent. The
duty on rough lumber is reduced from
So to sl.25, with corresponding re-
auctions on dressed lumber. Hides
are placed on the free list. with sub.
stantial reductions on boots. shoes anc
all leather goods. Oil cloths ani
linoleums are cut. There is small
reduction Of the differential in favol
Of refined sugar. Common window
glass of the sizes usually imported !.
revised downward. The duty on new
print paper is reduced from IS to s.. z!
ton, q decrease OF over IS per cent
Mechanically ground wood pulp is ad
mitted free, with countervailina
clause. Works Of .rt 60 to the FIRE.
list. Duties on agricultural nipple
ments come down from 20 to Is pei
cent. Petroleum and petroleum pro
ducts are to be admi tel free Btu
minous coal is to have q duty Of A
cents instead Of 81 cents per ton
Earthenware and glassware show bu
one slight increase. In the agricul
tural schedule there are reductions O
bacon, ham. lard, fresh meats. tallo,
and certain vegetables. The attemp
made by the house to raise the dutie
on women's gloves failed, and th
only change il reduction, in dutie
on very cheap gloves.
Il Among the important schedules
which there has been little or d
change is the wooden schedule. ii
cotton schedule has been readjuste
to put certain duties that have bee
reduced in administration back
where the trainers Of the Dinglt
law intended they should be. The
g is moderate increase on certai
Q grades Of hosiery, which are no
being imported heavily on accoul
of insufficient protection. Amor
. other duties increased are those .
} structural steel. hemp. laces lemon
pineapples, postcards and Autograph
9 razors. broom corn, fireworks. fur
o diamonds. chemicals and jewelry.