Gainesville daily sun. (Gainesville, Fla.) 190?-1938, 1909-07-14

Senate changed the duties from ad
yalorem to specific and the House con
ferees contend that the rates were
thereby increased The same is true
OF window glass. OIL which the Sen
ate fixed a graduated tax according
10 sizes.
The more important subjects passed
over i'm the metal schedule are iron
ore. lead bullion. and zinc ore and
bullion. There are a large number
OF amendments relating TO finished
products OF these ores that cannot be
disposed of until the main subjects
are settled.
Iron ore was placed on the free
list by the House and made dutiable
by the Senate. The Dinkley rate -
a. cents a ton. The general mi. q
sion Is that the Senate will max, /
concession to the House aud that "a
compromise the rate may be fiXed IT
10 or IL cents a ton. The House pIU.
struck Out by the Senate and the exist.
ing rate. of IL per cent ad valorem
substituted, and for 81 on lumber.
which rate was materially increased
I'm the Senate, will be the subjects
of contest. IL is not likely. however,
that this will be reached this week
The amendment adopted by the
Senate providing for the establish
ment OF a customs court is likely to
be accepted by the House cOnferees
Il was said yesterday that the more
the House conferees study the plan
the more they favor IL.
The terms OF the Senate maximum
and minimum are meeting with some
favor from the House members OF
the conference committee and the in.
dicatiOns are that 1t will be accepted
for some minor changes have been
made. This feature provides that
the maximum rates. which are fixed
at % per cent above the import du.
ties prescribed by the bill. shall GO
into effect on March 81 hext, unless
the President by proclamation in the
meantime shall have released coun.
tries from the higher rate. These
proclamations are to be issued only
upon receipt OF evidence that the
United States is receiving the best
rates given by such foreign country.
IL is authoTitatively declared that as
to maximum the President is in IA.
vOr OF the administrative feature o;
the Senate bill. II is considered 20
be less drastic than the House pro
vision. which has been characterize
In the Senate as retaliatory in its ma
ture. whereas the Senate provision IL
agreement.
That cotton bagging which was put
on the free list by the Senate, is not
to remain undutiable. Is one OF the
first predictions made in regard TO
the proposed action of the conference
committee on the tariff bill. Jutc
and jute butts. from which cotton
bagging is made, have been transfer.
red to the dutiable list by the Sen
ate, but as jute was ON the free list
in the Dingley bill. as well as the
Payne bill. the duty probably will
be taken OF in conference.
Another prediction made with re-.
gard to the action of the Senate con
ferees Is that the duty on coal, which
is 60 cents in the Senate bill as com
pared with 81 cents in the existing
law. will be- finally agreed upon AT
~ cents In conference.
The President will not allow himself
20 be- quoted az this stage OF the tarif'
proceedings feeling that II would be-
more harmful than helpful
A. 10 IN" application AZ IN, corpora
tion tax 90 holding companies. ia,
President h. represented a. hylieyinr
that N. tax paid hy th" issuing cor
'poratiou is sufficient without taxing
'Jhr dividends OF holding COMPANIES
which ar, paid from the dividends OF