The Detroit times., 1909-03-16
TAFT URGES QUICK
ACTION ON TARIFF
MEASURE
SENDS TO CONGRESS SPECIAL
MESSAGE WHICH Is REMARk-
ABLE FOR eREvITY-oovERN-
MENT's REVENUE INADEQUATE.

NEW YORK, March 16.-WaII-
st. took a favorable view Of PresL
dent Taft's message and showed
its appreciation by marking prices
up to the best Of the session ~
about the time o. Its publication.
Astonishment was expressed at
the brevity Of the message. At
special meeting of the board OF
directors Of the Atehison an issue
Of about s25,ooo,oco of new bonds
was discussed.
WASHINGTON, March 16-Presi-
dent Taft today sent To congress his
special message on the tariff. The
communication is remarkable for its
brevity. The president says that the
present tariff act. with the other
sources OF government revenue. does
rot furnish income enough To pay the
authorized expenditures The Repup-
lican party is pledged to revision ~
the tariff and the business commun-
ity. especially. expect II. IL Is Of the
utmost Importance that the new tariff
bill should be agreed upon at the
earliest possible moment, he says.
President Taft's message follows: !.
To the Senate end House Of Rep
reseptatives:
| have convened congress In this
extra session In order to enable
IL TO give immediate consideration
10 the revision OF the Dingley
tariff act. Conditions affecting pro-
duction, manufacture and bust
ness generally have so changed
In the last IL years as to require
a reimbursement and revision OF the
important duties imposed by that
act. More than this, the present
tariff act, with the other sources
OF government revenue, does not
furnish income enough to pay the
uthorized expenditures. BY July
first next, the excess OF expenses
over receipts for the current fiscal
year will equal 100000, 900.
The successful party In the late
election Is pledged to a revision OF
the tariff The country. and the
business community especially, ex-
pect IT, The prospect of change
IN the rates of import duties al
ways causes suspension or hait
IN business because OF the uncer-
tainty as to the changes To be
made and their effect. II Is there
fore OF the highest importance
that the new bill should be agreed
upon and passed with as much
speed as possible consistent with
its due and thorough considera'
ton. For these reasons. | have
deemed the present TO be an extra
ordinary occasion, within the
meaning OF the constitution, JUS
tifying and requiring the calling
of an extra session.
In my inaugural address. stat
ed H. summary way the pr1n'
cipl1 upon which, In my Judgment,
the revision of the tarfff should
proceed. and indicated at least one
new source OF revenue that might
be properly resorted to In order
to avoid future deficit. 1t Is not
necessary for me 10 repeat what
then said.
venture to suggest that the
vital business interests OF the
country require that the attention
of the congress In this session be
chiefly devoted TO the considera-
ton OF the new tariff bill and that
The less time given to other SUD-
lects of legislation In this session,
the better for the country.
WIN. II. TAFT.
Representative Payne, chairman OF
the WAYS and means committee. an
nounced today that the tarin OH
would not be sent To congress To-Day
but would be sent tomorrow. lhe
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