The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1909-07-31
TAFT IS PLEASED
WITH THE RATES
SAYS THAT IN MANY RESPECTS
THE REPORT is AN IMPROVE
OVER THE DINoLEY
TARIFF-PAYNE HOPES TO DIS
POSE OF THE ENTIRE MATTER
BEFORE ADJOURNMENT OF THE
HOUSE TODAY.
BY Assoclated Press.

BY Associated Press,
washington, July 3O--The tarin
conference report was submitted to
the house today by. Chairman Payne
and ordered printed in the Congress
sional Record. Discussion of the
report begins at ten o'clock tOmOr-
row morning. When Payne said he
hopes to dispose of the report before
the house adjourned tomorrow, he
was applauded.
Taft said he is pleased with the
report which, in many respects, is an
Improvement over the Dingley tariff.
Contending that the bill marks
general downwal. tendency from
present rates of duty. Mr.. Payne pre-
sented an exhaustive analysis of its
provisions. He undertook to show
that there had been a marked de-
crease in the rates, on the necessities
of life, while admitting that there
had been an increase on some of the
Injuries.
MARKED REDUCTIONS.
Probably the most marked reduc-
lions throughout any schedule in the
bill, as q result Of the action OF the
two houses and of the conference
committee, are found in the metal
schedule Beginning with a decrease
in the rate of iron ore from 40 to II
cents per ton, there is a general re-
duction throughout that portion of the
bill, pig iron going down from 81 TO
$3.50 per ton and scrap iron from 81
to ST. The reduction on many or the
items in this schedule amounts 70
about so per cent and this reduction
includes steel rails. There is an in
crease on structural steel (ready for
use) and also a slight increase on
razors, nippers and pliers and on
oil nc fTTnsuEfnn
Rough lumber goes down from 81
TO sl.25 per thousand feet with cor
responding reduction in the d1neren-
tial on dressed lumber.
The wool schedule underwent no
change Of consequence but the en-
tire cotton schedule was reconstruct
eU and the phraseology greatly
changed in the hope OF preventing
reductions through decisions by the
courts sucn as have characterized the
administration of the Dingley law
during later years In many in
stances the rates intended to be i'm
posed by the Dingley law were cut
by these decisions, the reductions in
some instances being from 90 per
cent to 6 per cent ad valOrem- 1t is
estimated that the rates fixed by the
bill are about three per cent higher
on an average than those estimated
on cottons last year. The rates on
cotton hosiery are generally in
creased
PROTECTIONlSTS LOSE.
In the much contested matter of
The rate on gloves, the high prOtec-
tionists fail to score. They sought,
through an increase made by the
house, 10 raise Ike duty materially
above the Dingley figures but were
antagoniZed by the senate and the
senate won, the only change made IN
the entire schedule being one slight
reduction.
The silk schedule was reconstruct
ed with view of imposing specific
rather than ad valOTem duties, with
the result that the average duty Will
be somewhat higher under the new
law than under the present statute.
OiI-cloths and lnOleum are heavily
cut but otherwise the changes in the
fax, hemp and jute provision were
not material A slightly increased
,.uty is provided for hemp, both
crude and hacked and also on GER
tain high grade laces. On linen
yarns and mattings there is a reduc-
ton.
Sugar and tobacco duties remain
Substantially as they are under tie
Dineiey law. The free importation
of consiaEwable quantities of both of
these articles from the Philippine Is
lands are permitting, and change
was made in tie internal revenue law
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