Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1909-03-18
Mr.. Payne's Statement.

Mr.. Payne's Statement.
Representative Serene Payne, chair
man of the ways and means committee,
in Introducing the tariff bill, gave out
tie following statement:
"One problem that confronted the
committee was the question of revenue.
The business of all commercial nations
hsa been depre ssed for nearly two
years. and thus has affected our COM
merce and greatly reduced our reve-
nues, 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 year of imports
was the fiscal year ending June 80
1906; 1907 was an unusually prosperous
year ard the revenues from customs
exceeded those of 1906 by $32,O0O,ooo
The committee has therefore taken the
year 1906 as the basis to form it's estl-
mate Of the revenue producing quail
ties of the new bill. Should the next
fiscal year prove prosperous and the
normal conditions of 1906 return, on
account of the large increase in popu-
lation, the revenues for 1909 would
SHOW a considerable increase over the
estimates OF the committee.
with a return to anything like nor
nal conditions during the next fiscal
year, it is safe to predict that the de-
felt would be entirely wiped out; but
in case it is not the bill provides for
the Issue Of Panama canal bonds to
reimburse the treasury for the $4,000
600 paid out in the original purchase
of the canal There is also re-tnacted
the provision for the issue of certifi-
Gates to run one year to roplenlsh the
treasury. raising the amount from
$3.50, 600 to $250,000.000 an amount
sufficient to provide at any time
against two or three years of depressed
business conditions.
The statement gives the rates in the
present law. the Dingley tariff, and
shows the changes that the Payne bill
proposes. The lumber and agricultural
sections follow:
LUMBER SCHEDULE.
Timber from one cent per cubic foot to
one-half cent per cubic foot.
Sawed boards. planks, of white wood.
sycamore and bass wood from 81 per 1909
to 80 cents per 1900
"All other sawed lumber from 50 to 81.
IF further advanced and manufacture
ed. the same reduction from the present
law.
Paving posts, railroad ties, telephone
poles and so forth, from 20 per centum to
10 per centum ad valorem.
"Clapboards from $3.50 per 1000 to 81
per. 1900
"Kndling wood transferred to the free
list.
"Laths. from % cents per 1000 pieces to
20 cents per 1000 pieces.
Fence posts, from 1G per centum to
the free list
AGRICULTURAL PRODUCTS.
Barley. from so cents per bushel to i
cents.
Barley malt, from a cents to % cents
"Cabbages. from to cents each.
"Bacons and hams, from ) cents pei
pound to four cents per pound.
Fresh meat, from cents to IL cents
per pound.
Lard. from cents to l. L. cents.
''Tallow, from "a of ! cent pen pound tC
the free list.
Wool grease, from II of ! cent 10 l.
of ! cent
'DeXtrin. burnt starch and so forth
from cents to / IL cents per pound.
Peas, green. from 40 cents per bushe
to 50 cents per bushel.
"All starch, except potato starch, from
l.. cents to l cent per pound.
Sugar. refined. is reduced from l 95-1H
cents and 9o-1OO cents per pound"
Flax. hemp and jute:
Flax straw. not hacked or dressed, to
the free list.
Gables and cordage. reduced from
one cent to three fourths of one cen,
per pound.
Threads. not finer than five lea
or number, reducted from 13 cents t.
10 cents per pound. with five eighth,
instead of ree-fourths of one CEN
per pound advance with each lea il
number in excess of five.
Single yarns, not finer than eighr
lea. reduced from seven cents to 81,
cents per pound.
Flax, gill nettings, from % to q
per cent. UNI.
Carpets, mats, and so forth, from
five cents per Squareyard and 81 pei
centum al valorem to four cents pc,
square yard and 80 per centu?n at
Nalorem when valued not above I:
cents per square yard: if valued above
Is cents from 10 cents per square yart
and So per centum ad valorcm to egh
cents per square yard and 80 per cent.
UNI ad valorem.
Hydraulic hose. from 20 cents pei
pound to Il cents pound
"Oil cloth. including linoleun above
nine feet in width. from 20 cents pei
square yard and 20 per cent,tm nc
valorem to IL cents per square yaTt
and - per centum al valorem.
Shirts, collars. and cuffs of cotton
from AS cents per dozen and IS PEI
centum ad valorem to 80 cents pei
dozen and 10 per centum al valoreln'
Wool schedule:
Wool of the third class. known as
carpet wool. from a duty of four cent:
per pound on such wool worth .. cents
or less, and a duty of seven cents pei
pound upon such wool exceeding il
cents in value, to duty Of three cents
per pound on such wool valued at not
more than 10 cents per pound: and il
valued at more than 10 cents Dpr