The News-Herald. [volume] (Hillsboro, Highland Co., Ohio) 1886-1973, 1909-08-12
TARIFF BILL PASSED
NOT PERFECT, BUT A STEP FOR.
WARD, is TAFT's CON-
MENT.
CONGRESS CLOSES SESSION
President and Members Leave Capital
for Their Summer Homes-Gore
and johnson Give Opinions Of New
Laws Effect.


Washington. Aug. 6.--The tariff has
been revised and the extraordinary
session OF congress has been brought
to close. Both houses adjourned
sine die officially at six o'clock last
night.
The president left this afternoon
for the summer White House" at
Beverly, Mass, and all but few of
the members of congress have gone to
their homes. lne members of the
conference committee and cabinet
were dinner guests of the president
last night.
President Signs the Bill.
The conference report on the bill
was agreed to by the senate by vote
of AZ to 81, and the concurrent resolu.
tion making certain changes in the
leather schedule was adopted by both
houses.
President Taft arrived at the capi.
tol at 4:45 p. M, and 20 minutes later
signed the bill, which became law
to-day.
Bending over the president as he af.
fixed his signature were Secretary
Knox. Secretary MacVeagh, Attorney
General Wickersham, Postmaster Gen.
eral Hitchcock, Secretary Nagel and
Secretary Wilson.
Statement by Taft.
After signing the tariff bill Presi.
dent Taft gave out a statement EN-.
bodying his views of the new act,
which he designates officially as the
Payne bill" in accordance with past
custom OF giving first recognition to
the framer of the measure in the
house of representatives
The president declares that, while
the bill Is not perfect by any means,
nor "a complete compliance with
promises made, strictly interpreted"
1t Is, nevertheless, a sincere effort on
the part of the party to make a down.
ward revision and to comply with the
premises OF the platform.
The statement in part follows:
81 have signed the Payne tariff be-
cause / believe 1t TO be the result of
sincere effort on the part of the Re
publican party to make a downward
revision, and to comply with the
promises of the platform as they have
been generally understood, and as
interpreted them in the campaign be-
fore election.
This Is not a perfect tariff bill, or
a complete compliance with the prom.
ises made, strictly interpreted but a
tulhllment free from criticism in re.
spect to a subject matter involving
many schedules and thousands of arti.
cles could not be expected.
The corporation tax is a just and
equitable excise measure, which II is
hoped will produce a sufficient amount
to prevent a deficit and which. Incl
dentally will secure valuable stats.
tics and information concerning the
many corporations of the country, and
will constitute an important step
toward that degree Of publicity and
regulation which the tendency in cor
porate enterprises in the last 20
years has shown to be necessary"
How the Senators .oted.
Following is the vote in detail:
Yeas-Aldrich, Borah, Bourne,
Bradley, Brandegee, Brown, Bulkeley,
Burkett Burnham, Burrows, Burton,
Carter, Clark (Wyoming), Crane,
Crawford, Cullom, Curtis, Depew,
Dick, Dixon, Dupont, Elkins, Flint,
Frye, Gamble Guggenheim Hale,
Hepburn, Johnson, Jones, Kean, Lodge,
Lorimer, McCumber, Oliver, Page,
Penrose, Perkins, Pises, Root, Scott,
Smith (Michigan), Smoot, Stephenson,
Sutherland, Warner Wetmore-47.
Nays-Bacon, Bailey, Bankhead,
Beyeridge Bristow, Chamberlain,
Clapp, Clay, Culberson, Cummins. Dan.
iel, Dolliver, Fletcher, Foster, Frazier,
Gore, Hughes, La Toilette, McLaurin,
Martin, Nelson, Newlands, Overman,
Paynter, Raynor Shively, Simmons,
Smith (Maryland), Smith (South Car.
olina), Stone, Talaferro-3l.
The bill received all the Republican
votes except those of Brstow, Clapp,
Cummins, Dolliver, La Toilette, Bev.
eridge and Nelson.
Two Views Of the Law.
Two views of the effect of the new
law were exchanged just before the
ouJoul hhlOul vi COnBIeeSS. Senator
Gore, from the Democratic viewpoint
saw only calamity in the measure
while Senator Johnson predicted pros.
perity under 1t.
The people of this country" said
Senator Gore, will not know whether
these duties are higher or lower.
They will not consult this law to learn
the changes that have been made. But
at the end of each month when thew
consult their bills they will see what
congress has done. They will find
higher prices for everything they
consume. look forward to a VERT.
able saturnalia of extortion. pre.
dict there will be no lowering of
prices"
"Of course prices will not be low.
er," repoined Senator Johnson. "I re.
member after the passage of the VIII.
son bill prices went down, but people
hadn't enough money to buy regard
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