Ottumwa tri-weekly courier. [volume] (Ottumwa, Iowa) 1903-1916, 1909-07-13

y stead OF TWO per cent ON the
T. net earning of corporations. y
+ This was decided today at an i
i informal conference at the +
T. White House 4
+ ACKNOWLEDGEMENTS
Washington, July 12.--President
Taft and the lawyers of his cabinet
have undertaken to save the tariff
conference from haggling over tlls
corporation tax amendment. 1t is con-
ceded the measure as passed by this
senate must he redrafted in order to
remove the constitutional objections
and to meet the views of the adminisr
tration. The president has told tho
leaders of the senate and house THAI
as the administration would be charg
ed with the responsibility of collecting
the tax and defending the act liz as
sailed in the courts, the administration
Ishould he permitted to perfect ths
measure.
Senator AIdrich and Representative
Payne have made no objection to thu
suggestion made by the president and
as result Attorney General Wicker
sham is working out the legal prob
lens it involves. In frequent consul
tation with the attorney general arr
Secretary Knox. Senator Root and
the president himself When they
have perfected the amendment 1t Will
be sent to the conferees who will In
corporate it in the bill as agreed to IN
conference.
Tariff in Semi Final Stage.
Making tariff law that Will most
nearly meet the wishes of the greatest
80 ln
time raise sufficient revenue for thu
expense of the government--that Is this
tas.1 with which for four months both
houses of congress have wrestled and
it has now reached what might be
called the semi-f1nal of conference
stage. Eleven menfve Republican
senator's, six Republican Representa-
tives--have shouldered the responsi-
bility of evolving from the measures
| the house and senate passed bill that
will be satisfactory not only. to both
houses of congress, but also to the
president and above all to the mass
| of the people.
| Upon the one hand Senator Aldrich
viii be found contending for the higher
revenue raising tariff. On the other
will be found Representative Serend
Payne, leading the house forces In
| fighting for lower duties. Senator
| Aldrich reiterates his statement that
the senate bill, If enacted into law
would not impose additional burdens
upon the consumer. Isolated cases oi
Increased rates are taken and the bill
! condemned because Of these said Mr.,
| Aldrich 1T Is usually the case that
liz the section of the country which has
found fault with one schedule would
consider the transfers of articles to the
FREQ list and compare the increase
with reductions that have been made
that section would see that It had been
made beneficiary to no small degree
by the general revision"
Reduction Sure.
Gen. T. S. Sharretts, the veteran
tariff expert who has been member
of the board Of general appraisers IN
4 New York for many years, Is authority
for the statement that the senate bill
VIII show a 2 per cent reduction from
the rates of the Dinglev law and a
very material reduction from the house
rates. Some sfolks may say that
per cent Is not great reduction" said
General Sharretts, "but when you con-
slider that the rates Of the Wilson bill,
the Democratic tariff measure adopted
during the Cleveland administration
were not Q per cent lower than tha
/ oates Of the existing law, you Will
realize how extensive a 2 per cent re-
duction really is.''
Payne Disaarees.
! This viewpoint is not shared by
Representative Payne. who said that
the rates of thu house bill are mater
Iialiy lower than those of the senate
bill. Representative Payne pointed out
that hides, tallow. ore, licorices and
other articles of great Importance to
the consumine public were transferred
| to the dutiable list by the senate, while
alligator skins. radium certain spices.
cocoa, oleostearine and miners safety
appliances were the most important
articles placed on the free list by the
senate.
1 Mr.. Payne declined to discuss at this
time the relative merits of the separ-
ate provisions Of the two bills
| 'It is unfair to compare The two
bills by figuring the average ad valor-
EN- rates of each,'' said Mr.. Payne.
Many reductions were made by the