The citizen-Republican. (Scotland, Bon Homme County, S.D.) 1???-19??, 1909-03-25
new TARIFF BILL AS
REPORTED BY PAYNE
Changes in Revenue Laws Pro.
posed by Revisionists Are
Set Forth in a State
ment.

Washington. D. c.. March 19--Rep-
~,resentative Serene 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 revenue.
The business of all commercial nations
has been depressed for nearly two
years, and thus has affected our COM
ssnerce n greatly reduced our rev
enues SO that we have a large deficit.
but the revenues under the present law
are improving from month to month, as
business conditions are becoming bet
ter.
THE last normal year of imports was
the fiscal year ending June 30, 1906, 1907
was an unusually prosperous year, and
The revenues from customs exceeded
those of 1906 by 1872, 000, 900. The com
fmittee have therefore taken the year
1906 as the basis to form their esti-
snate Of the revenue producing quail
ties Of the new bill. Should the next
fiscal year prove prosperous and the
normal conditions of 1906 return. or ac-
count of the large increase In popula-
zion, the evenues for 1910 would show
a considerable increase over the esti-
mates of the committee.
with a return of anything like nor
NAL conditions during the next fiscal
year, 1t is safe to predict that the de-
flcit would be entirely wiped out; but
In case it is not the bill provides for
h issue Of Panama canal bonds to
reimburse the treasury for the $40, 000,-
300 paid out in the original purchase Of
the canal. This would more than make
up any probable deficiency.
There is also r~e-enacted the provis-
Ion for the issue Of certificates to run
ing the amount from 500, OO0, 900 to
$3.50, 000, 600, an amount sufficient to pro-
vide at any time against two or three
years OF depressed business conditions"
The statement gives the rates in the
present law, the Dingley tariff, and
shows the changes that the Payne bill
proposes.
One of the most important of the
miscellaneous provisions of the bill is
that providing for the method of valua-
ton, which Mr.. Payne explains as fol-
lows:
The bill adds a new paragraph to
section IL, of the customs of adminis-
trattye act, which provides for the ap-
praisement of goods imported by con-
Segment and not by sale where there
sg1n Of the goods. After re-enacting the
present provisions to ascertain the
value the bill adds this paragraph:
THE actual market value or whole
sale Price are designed by law of IN
imported merchandise which Is con-
signed for sale in the United States, or
which Is not actually sold and freely Of
1ered Cor sale in usual wholesale uan
titles 70 the open market of the coun-
try fer expectation to all purchasers,
shall hot in any case be appraised at
less than the wholesale price at which
such or similar imported merchandise
is actually sold and freely offered for
sale in usual wholesale quantities in
the United States In the open market
TO all purchasers, due allowance by de-
InctiOn heinz rnaHa for estimated 1n.
ties thereon, cost of transportation, in
sugance and other necessary expenses
from the place of shipment to the place
of delivery and a reasonable commits
sion not exceeding 10 per centum if
any of the same has been paid"
Tt will be seen that this provision
is only applied to consigned goods and
mot to those actually sold for importa-
ton"
MAX" and "Min."
The following explanation of the form
of the bill was made by Mr.. Payne:
The new tariff bill Is a minimum
and maximum tariff bill. The mini
mum rates of duty are contained in the
first section and the free list for the
minimum rates is in the second section
of the bill. The third section contains
ahe maximum rates, which are generally
equal to the minimum rates and 20 per
cent, In addition thereto to the articles
on the free list. in the transfer to the
third section, bear a duty of 20 per
centum ad valorem as a maximum rate.
The maximum rate does not go into eff
feet In any event until 60 days after
the passage Of the act. BY the fourth
section the minimum rates are applied
TO all good terms by way of tariff as
that given to any other nation and the
maximum rates are applied to those
countries which discriminate against
the trade Of the United States or fail
to give the United States tariff rates as
favorable as those given any other ma
ton. This section Is self-acting, max
ing 1t the duty Of the executive to col
1ect the duties whether minimum or
maximum, in accordance with the
terms of the bill, leaving 1t open to the
courts to decide Upon the legality OF the
action
Regarding the miscellaneous provis-
1ons Of the bill, Mr.. Payne states:
THE bill provides for reciprocal free
trade with the Philippine islands on all
articles, but limiting the sugar to be
imported free Of duty to 800, 900 tons,
wrapper tobacco to 800, 900 pounds, and
5000, 600 pounds of other tobacco, and
5000 600 cigars in any one fiscal year.
The excess of sugar, tobacco and
cigars to pay full tariff rates. This ex-
-emption from duty Is confined to the
growth Of products of the islands, hows
ever, and does not admit articles i'm
ported into the Philippine islands from
a foreign country without payment of
full rates of duty on such importations.
As to Patents.
"A. section is added applying the
same rules to patents obtained in the
United States by aliens that are adopt
ed by the country Of which these aliens
are citizens in respect to patents issued
thereto citizens Of the United States
This will either compel foreigners
obtaining patents from the United
States to build factories and manufac-
ture here for our trade or eventually
quit the right to their patent.
A section is inserted. preserving the
Cuban reciprocity provisions Of the
present law.
provision is made to terminate the
various commercial agreements with
foreign countries according to the
terms OF said agreement, by notice and
meantime keeping faith with those
agreements. The provisions of section
applying the minimum and maximum
rates, will take the place of those sec
tlons.
1.-THE estimated revenue under the
tariff duties prescribed in the bill
amount to about 5000. 900, 900.
inheritance Tax.
"The bill provides for a tax on trans
Scrp of pr0nerfv both real and per-