Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1909-03-17
NEW TARIFF WILL
INCREASE REVENUE
Payne Bill Framed on Lines of
Downward Revision, Maxi
mum and Minimum Rates.
ARE SOME CHANGES IN WOOL.
Slight Reduction i'm Duty ON Sugar
Lead Slightly Anected-Measure
Effective ON Approval.

Washington March 1L-Downward
revision, maXium and minimum pro-
visions which impose an average
maximum duty 20 per cent in excess
Of the present tariff and new prou-
sions by which il is estimated that the
revenue TO the government will be
increased from forty to fifty million
dollars are the salient features Of the
new tariff bin which was in
troduced m the house today
by Representative Serene f..
Payne. chairman of the ways and
menaT committee. The recommendations
made by President Taft that an in
heritance tax be provided and that a
limited amount OF tobacco and sugar
be admitted free from the Philippines
arc included in the bill. The measure
also provides for the Issuance Of Pana-
ma canal bonds 10 the amount OF $40
100000 10 reimburse the treasury for
the original purchass Of the canal and
ne-enacts the provisions for the issue
OF treasury certificates the amount be-
ing increased from 500 900. 900 10 $780,
100000, While there Is no duty impos-
ed upon coffee. tea is taxed eight cents
when imported from the country where
Il is produced and nine cents when
from other than producing countries.
The Internal revenue tax on cigarettes
is materially increased while the tax
on beer and whisy is undisturbed 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.
The tarif on boots and shoes Is re-
duced 40 per cent and other leather
manufactures in proportion. The pot
terry schedule remains 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 prin-
cipally In clothing. is not disturbed.
but on wool of the third class. known
as carpet wool IL IL reduced on the
cheaper grades. A I'VE cent reduction
Is made In the duties on shoddy and
waste while wool tops are assessed
six cents a pound more than the duty
on secured wool, which Is unchanged.
The recommendations for placing
wood pulp on the free list and reduc-
ing the duties on print paper with
certain restrictions made by the Mann
committee Of the house. are incor-
porated in the bill
The duty on refined sugar Is reduced
four one-hundredths OF a cent a
pound and on dcXtrin half a cent a
pound A reduction Of half n cent a
pound is also made In the duty on
starch with the exception Of potato
starch. Zinc In ore Is assessed one
cent per pound for the zinc contained.
The tariff on pig iron is reduced from
81 TO S2.5o per ton.
PRINCIPAL INCREASES.
The principal Increases are made I'm
the duties on lemons, cocoa, and sub
stltutes for coffee coal, tar, dyes,
gloves. and coated papers ana htho-
graphic prints
A. was expected. the new tarin bill
IL made on a maximum and minimum
basis. with the provision that the
maximum rates are not 10 20 into
effect until go days after the passage
ol the bin. The reciprocity provisions
arc contained in the paragraphs as
fcssing duties on bltumiuous coal and
coke and agricultural implements by
which these articles are given entry
free OF duty when imported from
countries which permit the free Inn
portaton OF those articles from Amer
Tho inheritance tax provision OF tho
bin d. similar 20 the Now York state
law. ID provides a tax OF FIVE per
cent Ou am luheriiances over 5000. thht
are collateral mherltancos. or in which
strangers are the legatees. To cases
of direct inheritance tho taxes pre-
scribed are on $40 600 90 100000 one
Ger cent. ON 100000 90 100000 two per
| cent. and ON those over 100000 three
DER cent No is estimated that 10000
BOO annually win be- derived from this
] tax
The maximum and minimum prov
| isions 0f the BIN DO away with the nee
essltY. OF continuing the foreign trade
/ agreements The abr0gation of these
l le provided for boz section which au-
| thorlzea the precedent 90 issue notices
| 81 the termination of these agreements
/ within no days after the hIN goes into
/ effect Tho French agreement would
/ Therefore terminate Immediately while
/ the German agreement would remain
/ Boz force for Fix months The umo thar
| must intervene before the operation of