The Topeka state journal., 1909-03-17
LIS Submitted to the House by
Chairman Payne.
REVENUE RAISER
AS Well as Protection of In
dustries, He Says.
Many Increases as Well as Re.
ductiOns Are Prepared.

revision maximum and minimum pro-
VISIONS which impose an average maxi
mum duty 20 per cent in excess of the
present tariff. and nunler-
Gus provisions by which it is estimated
from 4O to so million dollars will be ad-
! ded 10 the revenues are the salient fea-
lures OF the new tariff bill which was
introduced In the house today by Rep
resentatfve Serene z. Payne. Chairman
OF the ways and means committee. The
recommendations made by President
Taft that an inheritance tax he provid
ed and that a limited amount of tobac-
co and sugar be admitted free from
the Philippines are included in the bill.
Inc measure also provides for the is
suance or Panama canal bonds to the
amount of S4O.OOO,000 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 increased from 500, 900
IOOO to $3.50, 100000. While there is no
duty imposed upon coffee, tea is taxeS
cents when imported from the coun-
try where it is produced and cents
when from other than the producing
country. The internal revenue tax on
cigarettes is materially increased while
the tax on beer and whisky is undfs-
turbed. A cut of 80 per cent is made
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
The tariff on boots and shoes is re-
duced 40 per cent and on other leather
manufactures in proportion The pot.
terry schedules remain about the same,
but the duties on window and plate
glass of the smaller sizes are increased
while the duties on the larger sizes are
reduced.
The tariff on WOOL of the first and
second class, used principally in cloth
ing, is not disturbed, but on wool OF
the third class, known as carpet wool.
it is reduced on the cheaper grades. 4
5 cent reduction is made in the duties
on shoddy and waste while wool tops
are assessed cents q pound more than
the duty on secured wool, which is un-
changed.
The recommendations for placing
wood pulp on the free list and reducing
the duties on print paper with certain
restrictions, made by the Mann COM
mittee of the house, are Incorporated
in the bill.
The duty on refined sugar is re-
duced four one-hundredths of a cent
a pound, and on dextrin 1-2 cent a
pound. A reduction of IL cent a
starch, with the exception of potato
starch. Zinc in ore is assessed one
cent per pound for the zinc contain
ed. The tariff on pig iron Is reduc-
ed from $4 to $3.50 per ton.
Principal Increases.
The principal increases are made in
the duties in lemons, cocoa and substi-
tutes for coffee, coal tar dies, gloves.
and coated papers and lithographic
prints.
AS was expected, the new tariff bill
is made on maximum and minimum
basis, with the provision that the min
imum rates are not to go into effect
until 60 days after the passage of the
bill. The reciprocity provisions are
contained in the paragraphs assess
ing duties on bituminous coal and
coke and agricultural implements. by
which these articles are given entry
free of duty when imported from
countries which permit the free i'm
portation of these articles from Amer
lea
The inheritance tax provision of the
bill is similar to the New York state
on all inheritance over $500 that are
collateral inheritances. or in which
strangers are the legatees. In cases
of direct inheritance the taxes pre-
scribed are: on $4,000 to 100000,
1 per cent; on 100000 to 100000.
per cent, and on those over $4,000,
per cent It is estimated that 500
900, 900 annually will be derived from
this tax.
The maximum and minimum pro-
visions of the bill does away with the
necessity of continuing the foreign
trade agreements. The abrogation of
these is provided for in section which
authorizes the president to issue no
tees of the termination of these
agreements within ten days atter the
bill goes into effect.
The French agreement would there
fore terminate Immediately, while the
German agreement would remain in
force for six months. The time that
must intervene before the operation
of the other reciprocity agreements
would become effective ranging from
three months to one year.
A provision in the bill is designed
to meet the conditions resulting from
the patent laws of Great Britain.
which requires that patentees must
their articles within
Great Britain.
This provision applies the same rules
to patents taken out in this country by
aliens as applies to Americans in the
country of the aliens
Drawback privileges are extended by
the bill and the method of valuation on
articles upon which the tariff imposes
the purpose of preventing the practice
of undervaluation.
The Bill I'm Detail
Representative Payne. chairman of the
ways and means committee, in intro
ducing the new tariff bill today gave
out the following statement:
zone problem that confronted the
committee was the question of reve-
nue. The business of all commercial
nations has been depressed for near
y two years and thus has affected
our commerce and greatly reduced
oIlr revenues, so that we have a large
deficit, but the revenues under the
present law are improving from
month to month, as business condi-
lions arc Incoming better