The Iuka vidette. (Iuka, Miss.) 1894-1912, 1909-08-12

|
not ben reduced in a number of cases,
in great majority, the rates are such
as are necessary to protect American
industries, but.are low enough in case
| of abormal increase of demand, and
raising of prices, to permit the posi-
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 to
| 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 have
| struggled to secure for ten years past,
and it gratifies me exceedingly by my
signature to give 1t tie effect of law
/ am sure 1t will greatly increase the
trade between the two countries, and
1t will do much to build up the Phillip
pines in a healthful prosperity.
The administrative clauses of the
bill and the customs court are adj
mirably adapted to secure more uni
form and more speedy final con-
struction of the meaning of the law.
THE corporation tax is just and
| equitable excise measure, which it is
hoped will produce a sufficient amount
to- prevent deficit and which Incl
dentally will secure valuable statis-
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, one 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
| strike out pineapples altogether, or
Just write in 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 '"Goodby, old pine
apples; take care 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 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 that 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, I have not signed the BILL"
said the president; 'do you think
that l ought to adjourn congress be-
fore / sign it,"
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 great deal
of talk about the possibility of veto,
everybody in the room caught the sig
nificance of the presidents jocular in
quiry.
The delay in laying the tariff bill
before the president was due to Rep
resentative Payne's desire to per-
sonally convey the document to the
president Mr.. Payne did not arrive
at the presidents room with the bill
until after o'clock.
Previous to that time the president
signed a number of measures of COM
paratively small Importance, and i'm
mediately after attaching his name to
the general tariff bill he signed the
Philippine tariff measure.
Signs Philippine Bill.
The president picked up mother
of-pearl pen which had been sent him
from the Philippine islands to be used
in signing the measure. The presi-
dent knew at once that the measure
being placed before him was the Phil
ippine tariff bill
A broad smile of satisfaction over
spread his face, and he wrote his
name with a flourish, which was not
in evidence when he signed the gen.
eral tariff bill.
IL.