Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1909-03-17

washington, March 17.-With every
one on tip toe Of expectation, Chair
man Payne. Of the committee on ways
and means. Immediately after the
house met today, presented the tariff
bill. While it was being carried up
to the desk the republicans vigorously
applauded. The measure was at once
referred to the committee on ways and
means.
"A resolution was offered providing
for; the printing Of 10000 copies Of the
proposed measure. After the bill WAS
made public a. number Of printed cop
les were brought upon the floor and
there was q general scramble among
members for them, resulting in such
confusion that proceedings were COM
pIetely suspended for time.
The bill provides for an inheritance
tax; increased internal revenue tax on
cigarets; $40, 100000 issue Of Panama
canal bonds; an increased issue Ct
$3.50, ,000, 900 in treasury certificates and
the Imposition Of duties on a maxi
mum basis. Coffee. hides and iron ire
are on the Aee list: boots and shoes
and Leather goods. steel and iron prod
lucts, lumber, wool, shoddy and waste.
and the cheapaFs grades OF tilird-class
wool arc materially reduced. Tea Is
taxed cents per pound. The internal
lfeFenue tax on beer and whisky is not
disturbed. The bill, 1t Is estimated.
Ytn produce $500, ,000, 900 from customs.
The full committee Of the ways and
means will meet tomorrow morning to
FORMALLY consider the tariff bill rhe
republican members expect to be able
TO report # to the house after one
meeting.
Payne Outlines Measure.
Representative Payne, chairman of
the ways and means committee, in in
PRODUCING the tariff bill gave out the
following statement.
One problem that confronted the
committee was the question of revenue.
The business OF all commercial nations
has been depressed Tor nearly two
years, and thus has affected our COM
merce and greatly reduced our rev.
enues, so that we have a large deficit,
but the revenues under the present law
are improving from month to month,
as business conditions are becoming
better.
'.The last normal years imports were
for the fiscal year ending June 80, 1906.
( The year 1907 was an unusually
customs exceeded those of 1906 by
t32, ,000, 900. The committee have there
fore taken the year 1906 as a basis to
form their estimate of the revenue pro-
ducing qualities Of the new bill.
Will Reduce the Deficit.
with the return to anything like
normal conditions during the next fis-
cal year. IT'S is safe to predict that the
deficit would be entirely wiped OUT.
hut In case it is not, the bill provides
for an issue Of Panama canal bonds
to reimburse the treasury for the $780,
600 900 paid out in the original pur-
chase Of the canal. This would more
than make up any probable deficiency.
Adds to Tariff Lists.
s1The committee has transferred
some articles from the free List to the
and has increased the duties
on others for the sole purpose Of in.
creasing the revenue. Most Of these
articles on which duties have been in
creased are luxuries and include per-
fumerfes, toilet articles, fancy soap.
cocoa, cocoa butter, spices and dressed
furs. Duties on the following articles
have been increased because the COM
mittee found there was not sufficient
protection under .the present law:
.sCoal tar dyes or colors, zinc in ore,
peas, split peas, figs, lemons and ap-
pies.
Paper and Cotton Schedules.
Tn the cotton schedule there is a
small additional duty on mercerized
fabrics, lappets and stockings fash
ioned and shaped whole or in part on
knitting machines.
Some changes in the paper schedule
are: Surface coated papers, covered
With metal, from 8 cents and to 20 per-
centum to s cents and 20 percentum
ad valorem; other surface coated paper
from >2h cents per pound and fifteen
per cent ad valorem to cents per
pound. The recommendations of the
select committee were to permit the
free entry of mechanically ground wood
pulp from any country not imposing
an export duty and to reduce printing
paper valued at not above 2A cents
Der pound, from three tenths to one
tenth Of cent per pound; valued not
above. 21s cents per pound. from four
tenths to two tenths Of cent per
pound.
Reductions Exceed Increases.
Productions An duty are much more
numerous than increases. While there
is no duty imposed on coffee, tea is
taxed at 8 cents when imported from
the country where 1T is produced, and
cents when from other than the pro-
lucing country.
"The internal revenue tax on cigarets
Is materially increased, while the tax
IN beer and whisky is undisturbed.