Burlington weekly free press. [volume] (Burlington, Vt.) 1866-1928, 1909-04-15
Estimates of Government Rev.
enue Are Reduced by These
Huge Figures.
THE TEA AND COFFEE SAYING
BENEFIT 10 Consumers Means S22yOOO,-
600 out of Uncle Sans Pocket
New Features of Tariff Bill
Include Issuing Bonds and
Treasury Certificates.

washington, April 1.-THE estimates OF
the revenue which the Payne tariff bill
will produce for the government have
been reduced nearly $50, 900 through
amendments made to the measure before
II was passed by the House and the
Senate finance committee will have TO
provide means for making up this diff
ference II the original estimates are to
be met. The striking out Of several coun-
tervailing duty clauses which no est
mates were made probably will lessen
the bills productiveness another so, Co.,
coo.
The amendment taking off the eight
cent duty on tea subtracted 5000 600
from the estimated revenues. The strik-
ing out of the countervailrg duty on
coffee and the maximum duty provision
for a rate Of twenty per cent. ad vnlor-
en- on coffee coming from countries
which do not give the United States the
benefit ~ their most favored nation
clause, dsposes Of what probably would
be sf6 oOo.oto In duties.
Taking out tho countervailing proviso
for lumber and for petroleum. two
amendments made by the House, means
a lost opportunity to increase the re-
venues by several million dollars. II Is
ers' license tax for farmers desiring TO
sell the leaf tobacco they raise. the
House has withdrawn considerable re-
,.onre under the int ernal revenue law.
4 slight increase in revenue may be
provided by tho increased tax on Turk
,sh filler tobacco. pineapples and barley
malt.
r'hrougho,lt its various provisions, IN
+r-r,. phrase ology and rates OF duty
there are many changes in the Payne
Mill as II stands to-day. from the provis-
ions Of the Dingley law. It's maximum
and minimum retaliatory feaure, the adj
d;tional method Of valuation for tho
rnrposo of preventing underveiuations.
end its provision for the s40,ocooo IN
suance of Panama bonds and s2oo'ooc,- :
90 issue Of treasury certificates are
rev. II extends drawback privileges 50
that domestic material may be used IN
len Of imported material for the purpose
Of collecting drawback, provided an
enual amount Of identical imported raw
material is rnanufa ctured into the same
product upon which the drawback is col
lected.
An inheritance tax, by which 1t IL
boned 500 900 900 will be collected Is pro-
,tded for The internal revenue Ia" Is
.ynected to produce sl.50o0o additional
revenue because Of the increase IN the
tax on cigarettes. -
The two increases over the Dingiey
rates that stand out t1ost prominently
In the Payne bill are those In the rates
NJ. women's and children's gloves and
hosiery. Cocoa, now imported free. has
Teen made dutiahle, three cents pes
mound. manufactured mica Is re-
diced one cent per pound and the manu-
fecturers Of mica have duty leyec
upon them two cents per pound less mar
tho Dingley rates. The duty on unmanu
featured barytes has been doubled
D1NGLEY RATES REDUCED.
The PAYNE bill contains many re
auctions from the Dingley rates O
duty. The duties on lead ore and pif
lead are materially reduced, the lum
her schedule is cut in half. The DIX
ferential on refined sugar 10 reduced
five cents per 100 pounds Cotton see'
oil and tallow are on the free list a
are licorice paste. fence posts. AM
kindling wood. Provisions for the IRE
entry under certain conditions Of bit
luminous coal, wood pulp and agricul
tOral machinery IhNS bSNA f~' -
ed. The duty on print paper was con
sidcrably reduced. The most importan
changes made In the wool schedul
was the reduction OF five cents In IN
duties Of shoddy and top waste, an
change from an ad valorem to speci
nc duty on tops. the general effec
being a Might reduction. concessio
to those who urged that works OF al
be placed on the free list was made b
permitting the free entry OF object
OF art at least twenty years old.
The iron and steel schedules are oil
tinguished through general cutting
the duties. Iron ore Is placed on the FRI
list and material reductions are made
the rates on pig iron scrap iron and ste
bar iron steel rails. tin plates. wire ar
numerous other articles. One OF the mo
important provisions Of the bill Is II
Philippine free trade provision whi'
permits the free entry Of every produ
Of the islands except rice, and exemp
from duty any articles imported from u
United States into those islands. IT.
amount Of sugar. which may be import
is limited to 800, 900 tons annually. and &
free Importation OF tobacco Is restrict
to 100000 pounds Of wrapper SoOo,'
pounds of filler tobacco. and 10000
cigars.