Putnam patriot., 1909-08-06
TIE PAYNE
History of iha Measure and a Summary of lis Principal PrOyIslOns--Thc hcY
 Free List.

fgal the new tariH measure tbe Payne bHi. has been completed. The progress If the bill through the Ieg84latife mH of 5oth houses was exenffHl enough to satisfy the most pronounced cf1yers for parliamentary l warfare The real battle opened when l tbe bIll daaus. felfn l43st was re l eeived lB 3he senate aud referred to the committee oa finanre. April iO l AldfIeh ef Hitede lsland Ire ieader ef i the seuaie as chairman Of tiie fua s'e committee. subsequently lststBte chair l man of tbc conference committee. l which was appointed to adjust the dif. 1 fsrenees arising hetweea s.nate and | house and between both houses Of | congress and the president.
 Taft For Free Hides. The report of thc conference com | mittee which determined what would l be the prov IsieBs of the Payne bill in | ifs final form was victory for Pres | ident Taft He informed all of the | eonferees that hides must be placed l on the free list. together with petro- | leusn, crude asd fegHed They there upon Ut4HiAh k0 tHt ittt itAbAa1 AAAAb Of hides to per cent. The president l heard fhe news and sent word that | he bud meant what lie had said about | free hides The figures we're tbep | lowered 10 ' per cent. Now Chairman l Serene | Payne of the wnys and 1 means committee decided te demon strate that his original bill. providing l for free hides should no longer Dc snb | jected to the ema@.uIAtegy operations l Of the ma jariiy of the canfere.s. He | announced tiiat not eeen 4 | pef cent 1 duty on hIdes would be accepted by l either himself of the house Without | free hides this tariff bill will not pass the house. he Nus quoted Us saying 1 The tarin came olf hides insfnnter. and as quickly was oi put ou the un- taxed schedule. together witb gaso- line. benzIie and uaphthn. The feather. rough lumber. print pnper. coal and Iron md glove schedules ranked next iu importance during the closing days of the controversy. If hides came In free. The important New England boot and shoe mannfnc- turing interests would consent to re duction of the tarin ou their products. otherwise they would continue to fight. The solving of the hides problem left ii simple tputter 10 agree to lower duties on beats and shoes-the Ding. ley rnfe being 25 per cent snddlery and harness were cut os5o per cent. as against the Dingley rate of t5 per cent. The president reserted te the unusual method of sending n written ft... pp dema anding lower rates on lumber and gloves than The Payne bill provided, and he secured them.
 Wool and Cotton.
 The wool schedule underwent no change ef consequence. but the entire cotton schedule was reconstructed and the phraseology greatly changed in the hope of preventing roduetions through decisions by the courts such AS have characterized The administration of the Dingiey law during recent years. In many instances the rates intended to be imposed by the Diugiey law were cut by these decisions, the reductions in some instances being from o0 per cent to s per cent ad valorem.
 Probably the most marked reduc' tlons are found in the metr schedule, Beginning with decrease fin the rate of iron ore from 10 To 10 cents per ton. there is general reduction throughout that part of the hill. pig Iron going down from Si to s2ao per ton and scrap iron from Si to Si Tho reduc ton on many of the Items ln this schedule amounts It about s1 per cent
 Rough lumber goes down from Slao to Si a Der thousand feet with cor responding reduction In the dItlenen,iai on dressed lumber
 The president was subjected to Sc ver..sg pressure from hnth tue upward and downward ravtsiauistS throughout The upward revisiealsts tald hia that reanetteu ee ,tnty ea hlAes ana leather manufactures would make the nsNt congress Democratic. in which eveni they argued that Taft Nauli npl possibly he reeondhateA far the pros idenes The sduwhwards tvld him that Roos..xelt would surely be the next Republican candidate for presi- dent II the campaign promises for a downward revision were not falulled.
 The Cooperation Tax.
 The president hlsu Htkut4 ufhtu1 task also in preserving hts seheme fer corporation tax intact in the Payne hgll This feature Is clearly the most unpopular one ia the entire measure 50 far as memhers of the senate and house were concerned Many of the members argued 10 ihe president that The tax as provided for WAS uncon stitutionat Resolutions will he intro duced in the various state legislatures condemning the act and recommend Ing its repeal according te statenscnts made by various eongressmen in Washington
 The corporation tax ef Der cent oa the entire net income over and ahave xaone received by corporations from all sources. exclusive Of certain sfenis must he paid on or befare June Se each year Persons authorized h make neturus ar statements ta the government and who make returns or ftatemerts of a fraudulent nature ar subject 10 nAe of Si.tsA4 and isR irEsonment fer cue sear
 During the elssslng days of she tar n caauoyersy. bssfeee tHs atll MS voted on for tnA aassAee. oNer toru Republicans VI he had grievaaces ef