Ladysmith news-budget. [volume] (Ladysmith, Rusk County, Wis.) 1907-1927, 1909-03-18
|PROMPT REVISION
| OF Tariff URGED
President Taft Sends Special
Message Urging Immediate
Consideration.
REPUBLICAN PARTY PLEDGED
Repeats Suggestion Regarding In
heritance Tax-Tariff Guess
ton Is Paramount.

Washington, March 17.-ln striking
contrast to the scenes of confusion,
disorder and acrimonious debate
which marked the opening day OF the
house. the session of that body yester-
day assumed it's wonted air Of dignity.
There was general good teellng
among the members, whose main top
ic of conversation was the fight Mon
day over the rules The anticipated
message of President Taft, pointing
out the necessity for revision OF
the tariff was received and met with
prolonged applause from the Repub'
licans.
President Taft's Message.
The message follows:
I have convened the congress in
this extra session in order to enable
it to give immediate consideration to
the revision of the Dingley tariff act.
Conditions affecting production, manu-
facture and business generally have
so changed in the last twelve years as
to require a reimbursement and revi-
sion of the import duties imposed by
that act More than this, the present
tariff act, with the other sources of
government revenue, does not furnish
income enough to pay the authorized
expenditures By July / next the eX-
cess of expenses over receipts for the
current fiscal year will equal $780,
100000.
Pledged to Revision.
The successful party in the late
election is pledged to a revision of
the tariff. The country and business
community especially, expect it. The
prospect Of a change in the rates of
import duties always causes a suspen-
sion or halt in business because of the
uncertainty as TO the changes to be
made and their effect. 1t is, there
fore, of the highest Importance that
the new bill should be agreed upon
and passed with as much speed as
possible consistent with its due and
thorough consideration.
For these reasons l have deemed
the present to be an extraordinary Oc-
casion, within the meaning of the con-
stitution, justifying and requiring the
calling OF an extra session.
Tariff Paramount Question.
In my inaugural address [ stated in
a summary way the principles upon
which, in my Judgment, the revision of
tariff should proceed and indicat(S at
least one new source of revenue that
might properly be resOrted to in or
der to avoid a future deficit. 1t is
not necessary for me to repeat what
I then said
[ venture to suggest that the vital
business interests of the country re-
quire that the attention of the con-
gress in this session be chiefly de-
voted to the consideration of the new
tariff bill and that the less time given
to other subjects of legislation in this
session, the better for the country.
Some disappointment was felt over
the fact that the tariff measure was
not presented. This, it is expected,
will be done today.
In the Senate.
The reading Of the presidents mes
sage to congress in favor of a revision
of the tariff was the chief business
before the senate yesterday. The mes
sage received careful attention from
senators. After the adoption of a mo-
ton that the senate should not meet
again until next Friday an adjourn
ment was taken at 1918 o'clock.