The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1909-03-18
ABSTRACT OF NEW TARIFF BILL

ABOIHA(
Washington. March Representa-
tive Serene Payne, chairman of the
ways and means committee, in intro
ducing the tariff bill gave out the fol-
lowing statement:
One problem that confronted the
committee was the question Of revenue
The business of all commercial nations
mas been decreased for nearly two years
and this has affected our commerce and
greatly reduced our revenues, so that
we have a large deficit but the rev
enues under the present law are i'm
proving from month to month, as bust
ness condition are becoming better.
The last normal year of imports was
the fiscal year ending June 80, 1906 1907
was an unusually prosperous year and
the revenues from customs exceeded
those of 1906 by Sc, 600 O00 The COM
mittee have, therefore, taken the year
1906 as the basis to form their estimate
OF the revenue producing qualities of
the new bill. Should the next fiscal
year prove prosperous and the normal
conditions of 1906 return. on account
of the large increase of population, the
revenues for 1910 should show a consid-
cradle increase over the estimates of
Tie committee.
Bonds and Certificates.
With a return to anything like nor
mai conditions during the next fiscal
year it is safe to predict the deficit
would be entirely wiped out but in case
II Is not, the bill provides for the issue
of Panama canal bonds to reimburse
the treasury for the $40, 600, 900 paid out
IN the original purchase of the canal.
This would more than make up any
probable deficiency. There is also re-
enacted the provision for the issue of
certificates to run one year to replenish
the treasury, raising the amount from
oo,O0O.0OO to S250.OOO.O00 an amount
sufficient to provide ar any time against
TWO or three years OF depressed busi- !
ness conditions"
Proposed Changes.
The statement gives the rates in the
present law, the Dingley tariff, and
shows the changes that the Payne bill |
proposes. The abstract of the bill con- |
tinues:
The committee have transferred /
some articles from the free list to the /
dutiable, and have increased duties on /
other for the sole purpose of increasing /
the revenue. Most of these articles on /
which duties have been increased are
Injuries which have been increased as
follows:
'Perfumeries and toilet articles. from
90 to so per centum ad valorem- Fancy
soap, from Is to 20 cents per pound.
Chickory root. raw and dried, from 1
cent to Pc cents per pound; roasted,
from ~ cents to cents per pound.
Taken From the Free List.
Cocoa, crude, transferred from the
free list to the dutiable at cents per
pound: prepared or manufactured, in
creased . cents on each classification
except that valued above 80 cents per
pound, which remains the same. Ten
per centum ad valOrem is also added TO
the duties assessed on that valued be
tween IS and 80 cents per pound. Pow
dered cocoa from cents TO 9 cents per
pound.
Cocoa butter from S5s cents to 51s
cents per pound. Dandelion root and
articles used as a substitute for coffee,
2ia cents to 4 cents per pound.
Spices, which are now largely on the
free list, are assessed an average duty
of 80 per centum ad valorem. Feathers
are increased from 10 per centum to 20
per Centum ad ValOreIa, and dressed OF
colored feathers receive an increase of
10 per centum. Furs. dressed, are as
sessed 211R per centum ad valorem.
Increased Duties.
Duties on the following articles have j
been increased because the committee
found that there was not sufficient pro-
lection under the present law contin-
ued Mr.. Payne.
Coal tar dyes OF colors. now bearing
a duty of so per centum 10 30 per cent
UNI ad valorem. Zinc in ore. now /
brought in at 20 per centum ad va1orem. {
To cent per pound for the zinc contents
contained therein. C
Split peas, from 40 cents to 40 cents
per bushei. Figs. from cents TO Pa
cents per pound Lemons, from l cent
to ia cents per pound. Pineapples. |
from 81 per thousand to IS per thou
sand" ]
Increases in the common schedule
are:
AN additional duty of 1 cent per
yard on meTcerized fabrics "a new
process of manufacture invented since |
the present law was enacted).
Also a small additional duty on lap
pets There is also an Increased duty |
on stockings fashioned and shaped |
wholly OF in part on knitting machines"
Changes In Paper Schedule.
Changes in the paper schedule, which {
include those recommended by the spe-
cial committee on wood pulp and print
paper investigation, are: /
Surface coated papers, covered with
metal. from cents to 20 per centum to I
cents and 20 per centum ad valorem: |
other surface coated paper from pig
cents per pound and Is per centum ad
valorem TO cents Per pound
'Lithographic prints. from s cents per l
J