Cameron County press. [volume] (Emporium, Cameron County, Pa.) 1866-1922, 1909-03-25
HOUSE RECEIVES
NEW TARIFF BILL
ESTIMATED GOVERNMENTS REV.
ENUE WILL BE INCREASED
FROM 100000 TO $4,000, 900.
PROVISIONS OF THE MEASURE
Coffee on Free List-Tea Taxed Eight
Cents-More Revenue from Cigar
ettes-Steel, Lumber, Iron Ore
and Hides on Free List.

Washington, D. c. - Downward re-
vision maximum and minimum provis-
ions which impose an average maximum
duty 90 per cent in excess of the present
tariff, and numerous provisions by which
it is estimated that the revenue to the
government will be increased from $40
600 GOO to $50, ,000. .00C, are the salient fea-
lures of the new tariff bill which was in
troduced in the house yesterday by Rep
resentative Serene T.. Payne, chairman of
tie ways and means committee. The rec
concentrations made by President Taft
that an inheritance tax be provided and
that n limited amount of tobacco and
sugar be admitted free from the Philip
pines are included in the bill The
measure also provides for the issuance Of
Panama canal bonds to the amount of
$40 600, 600 to reimburse the treasury for
the original purchase of the canal and
re-enacts the provision for the issue of
treasury certificates. the amount being in
creased from 100000 600 to $25O,O0O, OOO
Coffee on Free List.
While there is no duty imposed upon
coffee, tea is taxed eight cents when i'm
ported from the country where it is pro-
duced and nine cents when from other
than the producing country. The in
ternal revenue tax on cigarettes is ma
terialy increased while the tax on beer
and whisky is undisturbed In the steel
and lumber schedules. and iron ore hides
tallow. cottonseed oil and works of art
more than 20 years old are placed on the
free list.
Boots and Shoes Reduced.
The tariff on boots and shoes is re-
duced 40 per cent and on other leather
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 du-
ties 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 reduced on the
cheaper grades. A five cent reduction Is
made in the duties on shoddy and waste
while wool tops are assessed six cents
pound more than the duty on secured
wool. which is unchanged. The recon-
mendations for placing wood pulp on the
free list and reducing the duties on print
paper, with certain restrictions made by
the Mann committee of the house, are in
corporated in the bill.
Refined Sugar Lowered
The duty on refined sugar is reduced
5.1OO of cent pound and on deNtrin h
cent pound. reduction of y cent Il
| pound is also made in the duty on starch
with the exception of potato starch. Zinc
IN ore is assessed 112 cent per pound for
the zinc contained. The tariff on pig iron
is reduced from 81 to $3.50 per ton.
IIlt DIlBtlDdl increases are made IN 1ne
duties on lemons, cocoa and substitutes
for coffee, coal tar. dyes, gloves and
coated papers and photographic prints
Reciprocity Provisions.
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 effect until so
days after the passage of the bill. Re-
ciprocity provisions are contained in the
paragraphs assessing duties on bitumn-
Gus coal and coke and agricultural imple-
ments, by which these articles are given
entry free of duty when imported from
countries which permit the free importa-
ton of these articles from America.
Inheritance Tax Provision.
The inheritance tax provision of the bill
is similar to the New York state law. 1t
provides tax of per cent on all inher-
itances over $500 that are collateral inher-
itances or in which strangers are the
legatees In cases of direct Inheritance
the taxes prescribed are: On $4,000 to
100000, 1 per cent; on $1O0 900 to $500 600
2 per cent, and on those over $500, 900 3
per cent 1t is estimated that 500, ,00O, 900
annually will be derived from this tax
Foreign Trade Agreements Discontinued
The maximum and minimum provision
of the bill does away with the necessity
of continuing the foreign trade agree
ments. The abrogation of these is pro-
vided for in a section which authorizes
the president to issue notices of the ter
mination of these agreements within ten
days after the bill goes into effect The
French agreement would therefore fer
inmate Immediately, while the German
agreement would remain in force for six
months. The time that must intervene
before the importation of the other re-
ciprocity agreements would become eff
fective range from three months to one
year.