The Detroit times. [volume] (Detroit, Mich.) 1903-1920, 1909-03-17


NAL conditions during the next nscai
year il is safe To predict that the
deficit would be- entirely wiped out;
but in case il is not. the bill provides
for the issue OF Panama canal bonds
TO reimburse the treasury for the
$40 .0UO.000 paid out in the original
purchase OF the canal This woulu
more than make up any probable de-
ficiency There is also re-enacted the
provision for the issue Of certificates
10 run one year TO replenlsh the treas
ury. raising the amount from one nun
dred million to two hundred and ntly
million dollars an amount suiiiclent
10 provide az any time against TWO or
three years OF depressed business con
ditlons
Duties Increased on LuSuries.
The committee have transferred
some articles from the free list To the
dutiahle and have increased duties on
others for the sole purpose OF increas-
ing the revenue. Most OF these arti
cles on which duties have been In
creased are Injuries.
The steel and lumber schedules are
cut SC per cent The tariff on boots
and shoes is reduced 40 per cent aud
other leather manufactures In pro
portion The tariff on wool OF the
first and second class used FOR cloth
ing is not disturbed but Is reduced on
the cheaper grades recommends
tio4s for placing wood pulp on the
free list and reducing the duties on
print paper. with certain restrictions,
as made by the Mann committee OF
the house. are incorporated in the bill.
a cut OF 5-l0O of cent pound was
made on refined sugar, On Devtrin
reduction OF IL cent pound was
made.
No Dutq on Coffee.
There was no duty imposed on cof-
fee rea. however, Is taxed eight
cents when imported from the coun-
try where II Is produced and nine
cents when from other than the pro-
dIcing countries.
The tax on beer and whisky is un-
disturbed.
4 material increase is made on the
internal revenue tax on cigarettes.
The duties on plate glass of the
smaller size are advanced, while the
duties on the larger sizes are reduced.
Most of the articles on which duties
have been increased are those ciassed
\ as luxufies Among them are the foi
lowing: Perfumes and toilet articles,
from 80 TO 90 per cent ad yalorem
The bill will increase the revenue
of the government from s4O.0OO,O0O to
$50 900 900, II is estimated Tie meas
ure follows out the recommendation
OF President Taft that an inheritance
tax he provided. estimated TO supply
$4,000 900 increased revenue annual
~, and tobacco and sugar be admitted
q a Inn In i'm 10
amount
Articles Of Increased Duty.
Fancy soap from Is To 20 cents per
pound.
Chicory root, raw. not dried. from
one cent to two and half
cents per pound, oasted from two
and one-half cents TO five cents per
pound. Cocoa, crude, transferred
from free list TO the dutiable at four
cents per pound. Cocoa butter. from
three and one-half cents to five cents
per poHtitl- BafaeIien- tapd-other
articles used as a substitute for coffee.
two and half cents to four cents
per pound.
Spices, which are now largely on
the free list. are assessed an average
duty of 80 per cent al valorem.
Feathers are increased from 10 per
cent to 20 per cent ad valorem
Furs dressed on the skin are as
sessed twenty seven and half per
cent ad valorep.
Among articles on which duties have
been increased by the ways and means
committee. found there was not suf.
/ hcient protection in the Dingley bill,
! include split peas. from 40 cents TO
J As, cents per 5ushel, figs, FROM two
cents 20 two and Il half cents per
pound; lemons from one cent To one
\ and quarter cents per pound: pine
apples. from 81 TO So per thousand.
Duties on the following articles have
been increased because the committee
found that fnaFa-ras- not sufficient pro-
lection under the present law
Schedule B.--Keenes cement or other
cement I'm which gypsum II the COM
4 ponent material OF chief value. from 80
| pei cent To 30 per cent al NalOrem
| Asphaltup and bitumen. not refined
or otherwise advanced IN condition
from Its natural state to ib-100 81 /
| per cent per pound on the bitumen con
tanned therein.
Schedule C.-Watch movements with
more than seven jewels, from IS cents
each and 20 per cent al valorem TO 20