The Irish standard., 1909-03-20
TARIFF. BILL IS IN
increases Country's Revenue
to $300,000,000.
PROVIDES INHERITANCE TAX

PROVIDES INHERITANCE TAX
II Also Places internal Duty on Cigar
cites, Increases Panama Bend Issue
and Puts Coffee, Hides and Iron
Orc on Free List.
Washington, Mar 1s.-The new
tariff bill was introduced yesterday
by Representative Payne, It provides
for an inheritance tax: increased in
ternal revenue tax on cigarettes; q
s40,000,000 issue of Panama canal
bonds; an increased issue of $780,.
100000 in treasury certificates. and
the imposition of duties on maximum
and minimum basis Coffee, hides
and iron ore are on the free list; boots
and shoes. leather goods. steel and
iron products, lumber. wool shoddy
and waste, and the cheaper grades OF
third class wool are materially re-.
duced. Tea is taxed eight cents a
pound. The internal revenue tax on
beer and whisky is not. disturbed
The bill. it is estimated. will produce
$30O,000,0 900 revenue from customs.
The full committee on ways and
means. met to-day to formally con.
slider the tariff bill. The Republican
members expected to report it to the
house after the one meeting. There
was such a universal demand for the
printing of more than 10000 copies,
that Mr.. Payne offered resolution
providing for 10000 additional copies.
No Duty on Coffee.
While there is no duty imposed
upon coffee, tea IL taxed eight cents
when imported from the country
where it is. produced and nine cents
when from other than the producing
country. The internal revenue tax
on cigarettes is materially increased,
while the tax on beer and whisky is
undisturbed. A cut Of 80 per cent.
is made in the steel and lumber sched-
ulos. Hides. tallow, cottonseed oil.
and works of art more than 20 years
old are placed on the free list.
The tariff on boots and shoes is re-
duced 40 per cent. and on other leath-
err manufactures in proportion. The
pottery 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 principally in clothing, Is not
disturbed, but on wool Of the third
class, known as CARPET wool. 1t is re.
duced on the cheaper grades.
Reduction ,fors Wool.
A five cent reduction is made In
the duties. on shoddy, and waste. while
! wool tops are assessed six cents q
pound more than the duty on secured
wool, which is unchanged. The
recommendations for placing wood
pulp on the free list and reducing the
duties on print paper. with certain re-
strictions, made by the Mann commit
tee of the house, are incorporated in
the bill. aV~ r.
The duty on refined sugar is reduced
5.1O0 of cent a pound and on dex-
trim half cent a pound. A reduc-
ton of half cent 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 "a to $3.50
per ton.
Where Increases Are Made.
The principal increases are made In
the duties on lemons, cocoa and sub.
stitutes for coffee, coal-tar, dyes,
gloves, and coated papers and litho.
graphic prints.
AS was expected, the new tariff bill Ia
made on maximum and minimum
basis, with the provision, that the
maximum rates are not to go into eff
feet until 60 days after the passage
of the bill. Reciprocity provisions
are contained in the paragraphs as
sessing duties on bituminous coal and
coke and agricultural implements. by
which these articles are given entry
free of duty when imported from coun'
tries which permit the free importa'
ton of these articles from America
The inheritance tax provision of the
bill is similar to the New York state
law. It provides a tax Of five per
cent. on all inhertances over $500 that
are collateral inheritances or in which
strangers are the legatees. In cases
of direct inheritance the taxes pre-
scribed are: On $4,000 to 100000
one per cent: on 100000 to 100000
two per cent, and on those over $500
90, three per cent. 1t is estimated
that $2o,0oo,ooo annually will be de
rived from this tax.
Ends Foreign Trade Agreements.
The maximum and minimum pro
vision of the bill does away with the
necessity Of continuing the foreign
trade agreements. The abrogation OF
these is provided for in a section
which authorizes the president to
issue notices of the termination Of
these agreements within ten days aft
or Tho hill ooes {nfo effect The