The Tacoma times. [volume] (Tacoma, Wash.) 1903-1949, 1909-03-17
FOR 7 ()NES
! MAY Be
TAXED
Tariff Bill Presented to
House Today Pro-
vides Levy On In
heritances.
fB, United Press Leased Wire.) }

w
17-Representative Serene Payne,
of New York, chairman of the
ways and means committee, today
presented the tariff bill which
bears his name and which con-
tains 100000 words. The bill
represents the Judgment of the
committee based upon over 10,-
0UU pages of printed testimony,
thirty thousand letters and all the
known statistics on the subject.
Revenue $500, 100000.
1t is estimated that the revenue
under the duties as prescribed
will be $500, 900. The inher-
itance tax is included with the fol-
lowing provisions:
On the irect inheritance of
from ten to one hundred thousand
dollars, one per cent tax.
On the direct inheritance of
from one hundred thousand to-
five hundred thousand, two pei
cent tax.
On the direct inheritance of
over five hundred thousand tax
of three per cent.
The bill as presented also au-
thorizes the issuance of treasury
certificates to the amount of
$3.50, 100000 to run for a period
of one year.
Coffee, under the terms of the
bill as drawn, will be admitted
free of duty. No change is made
in the tax on beer.
T,umber Ref7uced
The lumber tariff is reduced sol
per cent. and the same Is true of
steel rails and some other steel
products.
Coal Is placed ON reciprocal
basis, as also are agricultural i'm
plements.
A reduction of five cents per
hundred pounds on refined sugar
Is provided. Iron ore Is admitted
free. Although hides are admit
ted free, shoes are reduced forty
per cent. Wood pulp from coun-
tries not having an export duty
on certain forest products is ad-
mitted free. Printing paper tariff
Is reduced &C 2-3 per cent and
80 per cent, according to the
statutes.
In presenting the bill to the
house, Chairman Payne said that
with a return of anything like
normal conditions during the next
fiscal year, it is safe to predict
that the deficit will be entirely
wipen out, but in case it is not,
the bill provides an issue of Pan
anna canal bonds to reimburse the
treasury.
A section is added to the old
law, applying the same rules to
patents obtained In the United
States by an alien as are adopted
by the country in which the alien
is a citizen, in respect to patents
issued there to citizens of the
United States. /
To Preserve Reciprocity.
A section is inserted preserving
Cuban reciprocity, with the provis-
Ions of the present law.
A provision is made for the teri
mination of the various commer-l
cial agreements with foreignl
countries, according to the terms
OF the agreement by proper notice.
The bill applies a tax for trans
fers of property. both real andI
personal, by Inheritance or suc-I
cession, or by will.
Women's Gloves.
Women's gloves are advanced
to the rate on mems gloves, sci
per dozen, and women's gloves are
assessed in addition 35 cents per
dozen to be paid for each inch
over fourteen inches In length.
Sawed lumber, white wood,
sycamore and Eastwood are re-l
duced from 81 thousand to 80
cents per thousand feet.
Refined sugar is reduced from
one cent to 59-100 of one cent per
pound.
The international revenue taxi
on cigarettes Is increased.
l.