New Ulm review. (New Ulm, Brown County, Minn.) 1892-1961, 1909-08-11


than twenty years prior to date of i'm
portation; other works, of art, of
bronze, marble, terra Gotta, pottery,
porcelain and antiques produced more
than 100 years prior to date of Inn
portaion.
Administrative FEATURES.
The bill marks distinct departure
in that it provides for a corporation
tax and a court Of customs. The cor
poration tax, while yielding large
amount Of revenue, 10 primarily de-
signed for the purpose Of government
tai regulation Of corpora lions. and it
will have this effect.
The fact that the amount Of the tax
to be assessed was lowered from per
cent to I per cent il considered by the
members Of congress to evidence clear
" that the bill has regulation for it's
object and not merely revenue.
The customs court Of appeals will
further centralize the national govern
ment, and 1t will place the intricate
and technical cases as to the construc-
ton Of the law and the facts respect
ing classification of merchandise and
rate Of duty under the jurisdiction OF
men who are specialists in this line.
There is no appeal from this court,
which will sit in Washington, and the
members of which will be appointed
by the president
For the purposes Of the operation of
this court the country has been divid-
ed into nine customs judicial districts.
While many items in the bill show
revision downward, it will as q whole
provide for an increased revenue, con-
tinuing in general effect the Repub-
lican policy Of protection.
Retaliation Measures.
Governmental measures Of retalia-
ton against countries which do not
make tariff concessions to the United
States are amply provided for. Maxi
mum and minimum provisions enable
a higher rate Of tax to be imposed on
the products Of these countries than
would ordinarily have been the case.
The creation Of a commission to look
into the question Of the tariff from
nonpartisan viewpoint is an innova-
ton that has been suggested for many
years. 1t is generally looked on as
move toward taking the tariff out Of
politics"
A policy long ago established by tar
if makers in this country is retained
in the new measure. 1t is the impos-
ing of particularly heavy duties on
luXuries.
The drawback" provisions are in
dicative of more kind hearted gov
ernmental attitude than had been con-
sidered probable. In brief, drawback
is refund of duty moneys paid on
material imported into this country
which is used in the manufacture of
articles which are themselves exported
from this country.
The guiding spirit in the formula
ton Of the provisions of the new meas
ure has been one to fix duties that do
not necessarily encourage foreign I'M
portation, but that render it impossible
for a combination of capital in any
given line to raise prices above those
that now exist and to prevent them in
general from being further raised
President Taft has taken particular
pains to point out this circumstance.
Competition that existed when the
Dingley bill was enacted has been
wiped out by the consolidation of COM
panies and the combination Of inter-
ests. President Taft renders the opin-
ion that the Payne tariff bill will in
large measure restore the possibility
OF successful competition in the bust
ness fields so affected.