River Falls journal. [volume] (River Falls, Pierce County, Wis.) 1872-2019, 1909-03-25

Washington.-The Payne tariff bill,
which is designed to increase the
country's revenues to $300,000,00O
year, is being considered by the ways
and means committee of the house.
1t was presented to congress Wednes-
| day.
| The senate committee on finance
| also began informal consideration OF
the measure. The probabilities are
| that the house committee will have
only one sitting on the bill, that the
measure will be reported to the house
| Immediately after it cOnvenes today
and the debates will begin next Mon
| day.
The measure, which was introduced
| by Serene Payne, chairman of the
committee, chairman of the ways
and means committee provides for an
inheritance tax; increased internal
revenue tax on cigarettes; a 100000
600 issue of Panama canal bonds; an
increased issue of $150,000,000 in
treasury certificates, and the imposi-
| ton Of duties on a maximum and
minimum basis. Coffee, hides and
iron ore are on the free list; boots and
| shoes, leather goods, steel and iron
products, lumber, wool shoddy, and
waste, and the cheaper grades of third
class wool are materially reduced. Tea
is taxed eight cents pound. The in
| ternal revenue tax on beer and whis-
ky is not disturbed. Thirty thousand
| copies will be printed
No Duty on Coffee.
While there is no duty imposed
| upon coffee, tea is taxed eight cents
when imported from the country
where it is produced, and nine cents
when from other than the producing
country. The internal revenue tax
| on cigarettes is materially increased,
while the tax on beer and whisky is
| undisturbed. A cut of so per cent.
is made in the steel and lumber SEIZED
ules. Hides, tallow, cottonseed oil,
anu works of art more than 20 years
old are placed on the free list.
The tariff on boots and shoes is re.
duced 40 per cent. and on other leath-
er manufactures in proportion. The
pottery schedule remains about the
same, but the duties on window and
plate glass of the smaller sizes are
increased, while the duties on the
larger sizes are reduced. The tariff
on wool of the first and second class,
used principally in clothing, is not
disturbed, but on wool of the third
class, known as carpet wool, it is re-
duced on the cheaper grades.
Duty on Agricultural Products.
Agricultural products schedule: Bar
ley, from 80 cents per bushel to Is
cents; barley malt from As cents to
rs cents; cabbages from to cents
each; bacon and hams from cents
per pound to 4 cents; fresh meat from
cents to 11a cents per pound; lard
from 2 cents to / IL cents; tallow from
q of 1 cent per pound to the free
list; wool grease from Il of 1 cent to
IA of 1 cent; dextrin, burnt starch,
and so forth from 2 cents to " cents
per pound peas, green, from 40 cents
per bushel to 80 cents per bushel;
all starch, except potato starch, from
IL cents to 1 cent per pound; sugar,
refined. is reduced from 1 95/100 cents
to 1 90/100 cents per pound
REDUCTION Tor WOOL.
A five cent reduction is made in
the duties on shoddy and waste, while
wool tops are assessed six cents a
pound more than the duty on secured
wool, which is unchanged. The
recommendations for placing wood
pulp on the free list and reducing the
duties on print paper, with certain re-
10 hy he
tee of the house, are incorporated in
the bill.
The duty on refined sugar is reduced
500 of a cent a pound and on dex-
trim half a cent a pound. A reduc-
ton of half cent pound is also
made in the duty on starch, with the
exception of potato starch. Zinc in
ore is assessed one cent per pound
for the zinc contained. The tariff on
pig iron is reduced from 81 to $3.50
per ton.
Where Increases Are Made.
The principal increases are made in
| the duties on lemons, cocoa and sub
stitutes for coffee, coal-tar, dyes,
| gloves. and coated papers and litho-
graphic prints.
AS was expected. the new tariff bill is
| made on a maximum and minimum
basis, with the provision that the
maximum rates are not to go into eff
| feet until so days after the passage
of the bill. Reciprocity provisions
are contained in the paragraphs as
sessing duties on bituminous coal and
coke and agricultural implements, by
which these articles are given entry