Omaha daily bee. (Omaha [Neb.]) 187?-1922, 1909-04-12
REDUCTION OF
TWENTY MILLION
Estimated Effects Amend.
ments to Payn II pn
Revenue 81
FIFTY CHANGES = MADE
Eight-Cent Duty on Tea to
Produce Eight Mill
FIFTEEN MILLIONS ON COFFEE
FIFTEEN MILLIONS ON COFFEE
Committee Must Make Arrangements
to Offset These Losses.
CoUNTERvAIL1NG DUTIES GONE
striking Ont These Clauses on Crude
OIL end Lumber Means Loss of
Another Twenty Millions
In PrOductiveness.

of the revenue which the Payne tariff bill
will produce for the government have been
reduced nearly s90,000,O0 through the
amendments made TO the measure before
II was passed by the house, and the senate
finance committee will have to provide
means for making up this difference II
the original estimates are to be met. The
striking out OF several countervaiing duty
clauses on which no estimates were made
probably will lessen the bil's productive
ness another S20000,000.
The amendment taking off the Scent duty
on a subtractcd 100000 from the esti-
mated revenues. The striking out of the
countervailing duty on coffee and the maxi
mum duty provision for a rate of 20 per
cent ad vvlorem on coffee coming from
countries which do not give the United
States the benefit OF their most favored
nation clause. disposes of what probably
would be sl5,OOO,oO in duties
Taking out the countervsilng proviso for
lumber and for petroleum. two amendments
made by the house. means a lost oppor-
tunity to increase the revenues by several
million dollars II is estimated. BY repeal
ing the manufac cturers' license tax for
formers desiring to sell the leaf tobacco
which they raise the house has withdrawn
considerable revenue under the internal
revenue law. slight increase in revenue
may be provided by the increased tax on
Turkish filler tobacco, pineapples and barley
and barely malt.
Fifty Amendments Made.
The senate finance committee materially
reduced many OF the schedules OF the Ding
ley bill as It passed the house. but in order
to increase the revenue producing power
of the Payne bill the committee will have
to take different action with regard to the
latter measure The fifty or more amend
ments, all OF which were offered by the
ways and means committee, have added n
few more changes to the Payne bill as
compared 10 the present tariff law.
In 1881 the senate Committee placed duty
of IA cents per pound hides. which was
later changed to is per cent ad valorem.
as VI now stands The Payne bill, as it
passed the house, like the Dingley bill when
1t went to the senate, places hides on the
free list. Under the Dingley law, hides
have produced a revenue exceeding $S,0OOOOO
annually.
Maximum and Minimum Feature.
Throughout its various provisions, In
form. phraseoogy and rates of duty, there
are many changes in the Payne bill it
stands today from the provisions of the
Dingley law. Its maximum and minimum
rctaliatory feature, the additional method
of valuation for the purpose of preventing
under-valuations, and it's provision for the
1900, 900 Issuance of Panama bonds and a
$3.50, 0,OOO 600 issue of treasury certificates, are
new. II extends the drawback so that do
mestc raw material may be used in lieu
of other material for the purpose of coll
lecting a drawback provided an equal
amount OF identical imported raw material
is manufactured into the same product upon
which the drawback is collected. An in
herltance tax, by which II is hoped that
s20.OOO,O 900 will be collected, is provided for.
The internal revenue law Is expected to
produce sl.50O,0O0 additional revnue because
OF the increase in the tax on cigarettes
The two increases over the Dingley rates
that stand out most prominently In the
Payne bill ave those in the rates on wom-
ems and children's gloves and hosiery.
Cocoa which is now imported free of duty,
has been made dutiable at the rate of 3
cents pouRd. Unmanufactured mica has
been reduced cent per pound and the man
ufactures of mica have a duty levied upon
them cents per pound less than the Ding
ley rates. The duty on manufactured ba-
rytes has been doubled,
Contains Many Reductions.
The Payne bill contains many reductions
from the Dingley rates OF duty. The duties
on lead ore and pig lead are materially
reduced, while the lumber schedule is cut
in half. The differential on refined sugar
is reduced S cents per 100 pounds. Cot
tonseed oil and tallow are placed on tho
free list as well as lcorice paste. fence
posts and kindling wood. Provisions for
the free entry, under certain conditions. of
bituminous coal wood pulp and agricul-
turai machinery have been incorporated.
The duty on print paper, upon the recon-
mendation of the house investigating com
mittee. was considerably reduced. The
most important changes made in the wool
schedule was the reduction of 5 cents in
the duties on shoddy and top-waste, and
change from an ad valorem 20 a specitic
duty on tops, the general effect being a
slight reduction, A concession TO those
who urged that works of are be placed on
the free list was made by permitting the
free entry OF objects of art at least twenty
years old,
Iron and steel Reduced,
The iron and steel schedules are distin-
yuished through a general cutting in the
duties Iron ere is placed on the free list
and material reductions are made In the
rates on pig iron, scrap iron and steel bar
iron, round iron, blooms, structural iron
forgings, anchors. cotton ties, steel rails.
tin plates. wire and numerous other artl-
cles. one OF the most important provis-
Ions OF the bill is the Philippine free traSe
provision. which permits the free entry Of
every product Of the islands, except rice.
and eNempts from duty any articles i'm
ported from the United States into those
Islands The amount Of sugar which may
De imported is limited to 10000 tons an
hually' and the free Importation OF to-
bacco is restricted 10 $4,000 pounds ot
wrapper S,oco.Oco pounds of filler tobacco
and ls9Oco,OOO cigars.