The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1909-03-17
CUT
DEEP IN tariff { BILL
WOULD LOWER
IMPORT BY SO
PER CENT
Hard Fight Is Sure to be
Made by the
Northwest.

WASHINGTON. March f7.-By u.
P-Repreaentative Serene Payne. Of
New York. chairman of the ways
and means committee. today pre-
scented the tariff BIN. which bears his
name "a which contains 100, 900
words.
The bin represents the Judgment
81 the committee. based on over 5000
pages Of printed testimony. 10000
letters ana all the known statistics
On the subject
Il b. estimated that the revenus
under D duties as prescribed viii
be 1900. 006. 900.
Cut Lumber In Two.
The lumber tariff IL reduced 80
per cent and the same ia true OF
steel rails and some other steel
products.
Coat - placed on a reciprocal hasis
ae also are agricultural implements.
They viii be received free from any
country that admits free similar
articles exported from the United
States
The tariff on woods first and Sec
9nd class Us unchanged, as IN also
the imp0et on 81.
A reduction u d cents per hum
dred pounds on refined sugar IL pro-
vided
Iron ore Is admitted free.
Although hides are admitted free,
shoes are reduced 40 per cent.
Wood Pulp Free.
Wood pulp from countries not
having an export duty on certain
forest products is admitted free.
Printing paper tariff In reduced
% "a per cent and 80 per cent,
according 20 value.
Coffee, under the terms of the
bin az drawn. viii be admitted free
tax on beer.
A heavy blow Is dealt the ir,-
porters - tea, which WAS free under
The Dingiey law. The bin fixes a
auty Of eight cents a pound srom
countries where the tea il produced
ano nine cents a pound from other
countries.
viii Help Canadians.
The reduction of 50 per cent duty
on lumber viii work greatly TO the
edvsntage u Canadian lufnbermen.
II r. stated. and was opposed by the
interests ~ the great northwest tim
Der belts. Tie arguments presented
IN favor Of the reduction carried
great weight. however. IL was
claimed that the prices OF lumber
have been excessive and that tho
great manufacturers have been cur
falling the output for the purpose
Of Increasing the market price.
Hard Fight Due.
II - asserted. however. that hi.
course has been taken by the Cana
dian manufacturers also and thers
= every prospect OF a hard fight
over the lumber tariff before the
question r. settled. II IL expected
that d establishment Of free trade
with the Philippines. even though
limitations are placed on tobacco,
cigars and VIII work an i'm
mediate benefit 10 increased tariff
20 b Pacific coast shipping inter-
eats.
The admission OF wood pulp free
means much 70 the Canadian pro-
ducers and viii have an important
effect upon the manufacture Of print
paper.
Inheritance Tax.
The Inheritance tax Is Included
with the follewin ina provisions
ON the direct inheritance OF from
$4,000 % tfo0. 600. one per cent tax.
on the direct inheritance Of from
100000 TO 100000. two per cent
tax
ON the direct inheritance of over
$500 900. a tax OF three per cent.
Collateral relatives and strangers
receiving inhcritanceE will pay 5 per
cent on all amounts W x5e0.
The bin as presented also author
lies the issuance 81 treasury certlfi-
Gates To the amount Of $3.50. 000. 200 to
run FOR a period Of one year.
In presenting the bin 10 the house,
Chairman Payne said
The bill IL a minimum and max
imum tariff bill
Revenues Improving.
I'VE have a large deficit but he
revenues and the present system are
improving from month 20 month az
business conditions become better.
The last normal year for imports
was the fiscal year ending June so,
1905, and the committee therefore
has taken the year Of 1906 as the
basis upon which 10 form an
estimate 81 the revenue producing
qualities Of the new bin
with a return 70 anything like
normal conditions. during the next
fiscal year, " IL safe 20 predict that
the deficit viii be entirely wiped
out but IN ease IL is not. the bill
provides for an issue OF Panama
canal bonds to reimburse the treas
ury.
one.Year Certificates.
There is also re-enacted a pro-
vision for the issue OF certificates to
run one year, for the purpose OF
repicnishinE the treasury and raising
an amount from 800, 00Q. 600 to S2b0.-
0o0. 900.
The bin provides for reciprocal
trade with the Philippines ON an
articles. but limits the sugar TO be
imported free to 500. 000 tons, the
wrapper tobacco 20 500. 600 pounds,
filler tobacco TO 5000. 600 pounds. and
the free import OF cigars IL limited
TO 1900 900 In any one fiscal year.
In case OF the importation OF
sugar, tobacco or cigars from the