The Guthrie daily leader. [volume] (Guthrie, Okla.) 1893-1996, 1909-08-06
History Of the Measure and a
Summary Of Its Principal
Provisions The New
Free List.

ital the new tariff measure, the Payne
bill, has been completed.
The progress of the bill through the
legislative mill of both houses was
eventful enough to satisfy the most
pronounced cravers for parliamentary
warfare The real battle opened when
The bill (house report 143S) was re
ceived in the senate and referred to
the committee on finance, April 10
Aldrich of Rhode Island, the leader Of
the senate as chairman of the finance
committee. subsequently became chair
man of the conference committee
which was appointed to adjust the diff
ferences arising between senate and
house and between both houses of
congress and the president
Taft For Free Hides.
The report OF the conference com.
mittee which determined what would
be the provisions Of the Payne bin in
its final form was a victory for Pres
ident Taft. He informed all Of the
conferees that hides must be placed
on the free list. together with petro
Ieum. crude and refined. They there
upon decided 10 cut the Dingley tariff
on hides to : per cent The president
heard the news and sent word that
he had meant what he had said about
free hides. The figures were then
lowered to per cent. Now Chairman
Serene Il. Payne of the ways and
means committee decided to demon
strate that his original bill, providing
for free hides should no longer be sub
jected TO the emascuhtry operations
Of the majority Of the confcrccs He
announced that not even > per cent
duty on hides would be accepted by
either himself or the house Without
free hides this tariff bin will not pass
the house" he was quoted MS saying
The tariff came off hides instanter
and as quickly was oil put on the un-
taxed schedule, together with gaso
line, benzine and naphtha The leather,
rough lumber. print paper, coal ana
iron and glove schedules ranked next
in Importance during the closing days
of the controversy.
If hides came in free. the important
New England boot aud shoe mauufac-
turing interests would consent to re
duction of the tariff on their products,
otherwise they would continue TO fight
The solving of the hides problem left
it simple matter TO agree to lower
duties on boots and shoes-thc Ding
ley rate beirg y per cent Saddlery
and harness were cut to 40 per cent,
as against the Dingley rate Of 40 per
cent The president resorted to the
unusual method of sending written
message to the conference committee
demanding lower rates on lumber and
gloves than the Payne bill provided,
and he secured them.
Wool and Cotton.
The wool schedule underwent no
change of consequence, but the entire
cotton schedule was reconstructed and
the phraseology greatly changed in the
hope of preventing reductions through
decisions by the courts such as have
characterized the administration Of the
Dingley law during recent years. In
many instances the rates intended to
be imposed by the Dingley law were
cut by these DECISIONS the reductions
in some instances being from GO per
cent to per cent ad valorem.
Probably the most marked reduc-
tions are found In the metal schedule
Beginning with a decrease in the rate
of iron ore from 40 to IL cents per ton,
there is a general reduction throughout
that part of the bill, pig iron going
down from 81 to $3.50 per ton and
scrap iron from $4 to 81. The reduc
tlon on many of the items in this
schedule amounts TO about 50 per cent
Rough lumber goes down from $50
to $125 per thousand feet with cor
responding reduction in the ditferential
on dressed lumber
The president was subjected to Sc
verest pressure from both the upward
and downward revisionists throughout.
The upward revisionists told him that
reduction Of duty on hides and
leather manufactures would make the
next congress Democratic, in which
event they argued that Taft would not
possibly be renominated for the pres
idency. The "downwards" told him
that Roosevelt would surely be the
next Republican candidate for presi-
dent If the campaign promises for a
downward revision were not fulfilled.
The Corporation Tax.
The president had a highly difficult
task also i'm preserving his scheme for
a corporation tax intact in the Payne
bill. This feature is clearly the most
unpopular one in the entire measure.
so far as members Of the senate and
house were concerned Many Of the
members argued TO the president that
the tax as provided for was uncon-
stitutional. Resolutions will be intro
duced In the various state legislatures
condemning the act aud recommend
Ing its repeal. according to statements
made by various congressman II
Washington.
The corporation tax Of per cent on
the entire net income over aud above
$1,000 received by corporations from