Heppner gazette. [volume] (Heppner, Morrow County, Or.) 1892-1912, 1909-03-25
TARIFF BILL
BEFORE HOUSE
Extensive Cuts. Maximum and Mini.
mum Rates Of Duty.
Large Reductions Made in Many Par
ticulars and Increases in Others
Inheritance Tax Created - Steel
and Lumber Cut One-Half-Coal
Placed on Free List.

Washington, March 18.-Downwart
revision, maximum and minimum pro
visions which impose an average maxi
mum duty 20 per cent in excess of the
present tariff and numerous provisions
by which it is estimated that the reve.
nue. to the government will be increas.
ed from $40.000,000 to $50, 900, 900,
are the salient features of the new
tariff bill which was introduced in the
house yesterday by Representative Se-
reno E. Payne, chairman of the ways
and means committee.
The recommendations made by Presi-
dent Taft that an inheritance tax be
provided and that a limited amount of
tobacco and sugar be admitted free
from the Philippines are included in
the bill. The measure also provides
for the issuance of Panama canal bonds
to the amount Of $40, 600, 900 to reim-
burse the treasury for the original pur-
chase of the canal and re-enacts the
provisions for the issue of treasury GER
tificates, the amount being increased
from 500, 900, 900 to $3.50, 900, 900.
While there is no duty imposed upon
coffee, tea is taxed cents when i'm
ported from the country where it is
produced and cents when from other
than the producing country. The in
ternal revenue tax on cigarettes is ma
terially increased, while the tax on
beer and whisky is undisturbed. A
cut of so per cent is made in the steel
and lumber schedules and iron ore,
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 leather
manufactures in proportion. The pot
terry schedule remains about the same,
but the duties on window and plate
glass of the smaller sizes are increas-
ed, while the duties on the larger sizes
are reduced. The tariff on wool of the
first and second class, used in clothing
principally, is not disturbed. but on
wool of the third class, known as car
pet wool, it is reduced on the cheaper
grades. A scent reduction is made
in the duties on shoddy, and waste
white wool tops are assessed 6 cents a
pound more than the duty on secured
wool, which is unchanged. The re-
concentrations for placing wood pulp
on the free list and reducing the duties
on print paper, with certain restric-
tons made by the Mann committee of
the house are incorporated in the bill. |
The duty on refined sugar is reduced
-04 Of cent pound, and on dextrin
= cent pound. A reduction of y
cent pound is also made in the duty
on starch. with the exception of potato
starch. Zinc ore is assessed | cent
per pound for the zinc contained. The
tariff on pig iron is reduced from 81 to
So per ton.
The principal increases are made on
lemons, cocoa and substitutes for
coffee, coal tar dyes, gloves and coated
papers and ithograph prints.
AS was expected. the new tariff bill
is made on a maximum and minimum
basis, with the provision that the max
imum rates are not to go into effect
until 60 days after the passage of the
bill. The reciprocity provisions are
contained in the paragraphs assessing
duties on bituminous coal and coke and
agricultural implements, by which
these articles are given entry free of
duty when imported from countries
which permit the free importation of
these articles from America.
The inheritance tax provision of the
bill is similar to the New York state
law. 1t provides a tax of per cent
on all inheritances over $500 that are
collateral inheritances, or in which !
strangers are the legatees. In cases
of direct inheritance the taxes pre-
scribed are:
On $40, 900 to 500. 900, per cent;
on $4,000 to $500, 900. 2 per cent,
and on those over $500, 900, per cent. I
1t is estimated that $40, 900, 600 annu- I
ally will be derived from this tax. t
The maximum and minimum provis- t
ions of the bill do away with the ne t
cessity of continuing the foreign trade Y
agreements. The abrogation of these e
is provided for in section which au- @
thorizes the president to issue notices t
of the termination of these agreements j
within 10 days after the bill goes into r
effect. The French agreement would
therefore terminate Immediately, while
the German agreement would remain
in force for six months. il
Extent of Strike Hidden. h
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