Ottumwa tri-weekly courier. [volume] (Ottumwa, Iowa) 1903-1916, 1909-03-18
CUT MADE OF SO PER CENT in
STEEL AND LUMBER ScHED-
ULEs AND OF 40 PER CENT ON
BOOTS AND SHOES.
MORE REDUCTIONS
THAN INCREASES
CHAIRMAN PAYNE IN INTRoDUo-
ING BILL MAKES STATEMENT
IN WHICH HE CALLS ATTEN-
TioN TO BUSINESS DEPRESSION. :

-
When Chairman Payne of the commit
tee on ways and means Immediately
after the house met today, presented
the tariff bill the Republicans vigor-
ously applauded. The measure was
at once referred to lne committee on
ways and means. The full COMMITTEES
Will meet tomorrow to consider the
measure. The Republicans expect to
be able to report 1t to the house after
one meeting.
Representative Payne, chairman OF
the ways and means committee In In
PRODUCING the tariff bill gave out the
following statement:
"One problem that confronted the
committee was the question of rev
enue. The business Of all common
cial nations has been depressed for
nearly two years and thus has at-
fected our commerce and greatly re-
duced our revenues SO that we have
a large deficit, but the revenues un-
der the present law are improving
from month to month as business con-
ditions are becoming better.
1906 Taken as Basis. j
| ''The last normal year OF Imports
was the fiscal year ending June 80,
1906, 1907. This was an unusually
prosperous year and the revenues
from the customs exceeded those OF
| 1906 by $30.000000. The committee
have therefore taken the year 1906 as
basis to form their estimate Of this
revenue producing qualities of the
new BILL With the return to anything
like normal conditions during the nexs
fiscal year 1t Is safe to predict that
the deficit would be entirely wiped
out, but in case 1t is not, the bill pro.
yides for the issue Of Panama canal
bonds to reimburse the treasury fof
$4O,000,000 paid out In the original
purchase of the canal This would
more than make up an probable def
cheney.
Increase Duty on Lpeuries.
"The committees have transferred
some articles from the free list tG
the dutiable list, and have increased
the duties on others for the sole pur
/ pose of increasing the revenue. Most
of these articles on which duties have
been increased are luxuries and I'M
! clude perfumeries, toilet articles, fan
cy soap, cocoa, cocoa butter, spdces
and dressed furs. The duties on thu
following articles have been increased
because the committee found there
was not sufficient protection under
! the present laws: Coal, tar, dyes OF
colors, zinc In ore, peas, split peas,
figs, lemons and apples. In the cots
ton schedule there is small addition.
al duty on mercerized fabrics. lappets
and stockings fashioned or shaped
wholly or in part on knitting ma.
chimes.
Some changes in paper schedule
are:
Surface coated papers covered with
metal, from three cents to twenty per
centnm to five cents, and twenty per
centum ad valorem; other surface
coated paper from two and one-hali
: cents per, pound and fifteen per
I'centum ad valorem to Ave cents pei
: pound.
"The recommendation Of the geIect
committee were to permit the free
entry Of mechanically ground wood
pulp from any country not impossina
an export duty and to reduce print
: ing paper valued at not above two and
r one-fourth cents per pound. from
, threetenths to one-tenth Of one cen,
two and one-balf cents per pound
t from four-tenths to two-tenths Of one
cent per pound
r Cut In Steel and Lumber.
4 Reductions in the duty are mucl
: more numerous than the increases
Y While there is no duty imposed on cof
e fee, tea is taxed eight cents when i'm
s ported from the country where 1t ii
g produced, and nine cents when from
other than the producing country. Th'
l. internal revenue tax on cigarettes wa.
e materially increased, while the tax OF
), beer and whiskey was undisturbed. 4
d cut Of SO per cent Is made in th,
t steel and lumber schedules, and iroi
# ore, hides, tallow, Gotten seed oil ant
/ works of art more than twenty years
e old are placed on the free list.
Boots and Shoes Lowered.
Ii The tariff on boots and shoes Is re
a duced 40 per cent and on other leathe