The Grenada sentinel. [volume] (Grenada, Miss.) 1868-1955, 1909-08-13

I peliev that while this excess ha
noe ben reduced In q number Of Eases
in a great majority, the rates ire sucl
as are necessary to project American
industries, but are low enough in cas-
of abormal increase of demand. an,
raising of prices, to permit the possl
bility of the importation of the foreign
article and thus to prevent excessive
prices.
"The power granted to the execu
tive under the maximum and mini
mum clause may be exercised tt
secure the removal of obstacles which
have been ~interposed by foreign gov
ernments in the way of undue and I'm
fair discrimination against American
merchandise and products.
The Philippine tariff section l have
struggled to secure for ten years past
and it gratifies me exceedingly by my
signature to give it tie effect of law
1 am sure it will greatly increase the
trade between the two countries, and
it will do much to build up the Phillip
pines in a healthful prosperity.
1.-THE administrative clauses of the
bill and the customs court are ad-
mlrably adapted to secure a more uni.
form and a more speedy final con
struction Of the meaning Of the law.
THE corporation tax is a just and
equitable excise measure, which it 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 degre Of publicity and
regulation which the tendency in cor
porate enterprises in the last twenty
years has shown to be necessary"
Incidents Of Signing.
A number of interesting incidents
occurred in the presidents room dur
ing the signing of the tariff bill. AS
the senators, n after another, filed
into the room, the president had
something of a personal nature to
say to each. and good nature appeared
to be overlooking.
Senator Taliaferro of Florida, in a
rather %plaintive tone, said: "Mr. Pres
ident, surely you are not going to
sign that bill with that pineapple par
agraph in it," He referred to the fact
that he had gotten the duty increased
on the pineapple schedule; but the
advance was eliminated in confer
ence.
What would you have me do? Shall
l strike out pineapples altogether, or
just write in a rate to suit your"
asked Mr.. Taft.
A short time afterward Senator
Fletcher Of Florida was telling the
president goodby. The Floridan was
dismissed with a "Goodby, old pine
apples; take car Of yourself"
Genial Greeting to Hepburn.
The president tried with his good
nature to mOllify Senator Warren for
his disappointment over the abolition
of the duty on hides, and he greeted
Senator Hepburn, who said on the
floor that no rate on the bill was too
high to suit him, with a How are
you, old high tariff"
In like manner other senators and
members of the house were twitted by
the president on their predictions Of
characteristics. In these jibes some
Of the cabinet members took part.
When the committees of the senate
and house, appointed for the purpose
of informing the president hat the
extraordinary session of congress was
ready to adjourn, called at the presi-
dents room the tariff bill had not
been signed.
Senator Aldrich, who acted as
spokesman, was met with this brief
and formal announcement:
We'll, l have not signed the BILL"
said the president; do you think
that l ought to adjourn congress be-
fore I sign tt?"
Not Ready in That Case.
The announcement had been made
by Mr.. Aldrich, on the theory that
nothing stood in the way of adjourn
ment. There having been a great deal
Of talk about the possibility of a veto,
everybody in the room caught the sig
nificance of the presidents jocular in
luiry.
The delay in laying the tariff bill
before the president was due to Rep
resentative Payne's desire to per-
convey the document to the
president. Mr.. Payne did not arrive
at the presidents room with the bill
until after 5 o'clock.
Previous to that time the presiden.
signed a number of measures of COM
)%aratively small Importance, and i'm
nediately after attaching his name to
he general tariff bill he signed the
Philippine tariff measure.
Signs Philippine Bill.
The president picked up a mother
pen which had been sent him
rom the Philippine islands to be used
n signing the measure. The presi-
lent knew at nee that the measure
icing placed before him was the Phil
ppine tariff bill.
A broad smile of satisfaction over