Omaha daily bee., 1910-08-25
TAFT FAVORS TARIFF Cha c.
Plans Scientific Basis of Revision on
Individual Schedules.
ONLY FAIR PROFIT TO CONSUMER
Payne Bill the Best Possible with In
formation ut Hnnd--COmmOn
Ground for the Contend
Ing Fnctions.

BEVERLY. Mass, Aug 24-President
Tafts keynote speech for the congressional
campaign became known here today. The
president will favor further revision Of the
tariff. While he Is stlll convinced that the
Payne-Aldrich law is the best tariff law
the country has had up TO this time. he
has reached the conclusion that there is
decided room for Improvement.
Mr. Taft does not propose that business
shall be upset by another wholesale revis-
ion, but will recommend to congress that
Individual schedules in the tariff system
be taken up separately and be disposed Of
on a scientific basis
The new revision is to be based upon
the findings of the tariff commission as
to the cost Of production at home and
abroad. Only a fair profit is to be al
lowed the American producer
"Extortionate and Unreasonable" profits
the president declares. are to be tolerated
no longer.
The president has stated these facts and
has outlined his position in detail in the
letter he mas sent TO Representative Nc
kinley Of Illinois for publication in the
republican congressional campaign text
book. The letter was mailed from Beverly
yesterday. The time of making it public
has been left entirely to the judgment OF
the committee.
Plan TO Unite Party.
Political observers regard this move as
about the shrewdest that has been made
during the present administration. 1t
offers an excellent opportunity for the in
surgents and regulars to get together in
the campaign and President Taft has been
exceedingly anxious to find a ground upon
which the different factions could meet
| xtif rrNt,.
principal fight OF the insurgents was upon
certain schedules OF the tariff bill. Presi-
dent Tafts meeting them more than half
way in admitting that individual schedules
! need further revision.
| At the same time he is backing UP the
regulars in that he believes they did the
best they possibly could. with the unreliable
Information that was in their hands
With the creation of the tariff board
under the Payne-Aldrich act and the en-
largement Of its power by provision of the
last congress. the president believes a way
has been opened to put the tariff on a sci
entlfic basis for the first time in the history
of the country.
The objection has been raised upon the
president that the opening OF an individual
schedule of the tariff would mean the pos
sible throwing open of the entire tariff
act, with another long debate and a stir
iring up of conditions generally.
Only Single Schedules Considered,
Mr.. Taft proposes to meet this with tn,
recommendation to congress that befor,
any schedule Is taken up for further con
sideration, a rule shall be passed by bott
the house and by the senate providinI
that amendments to a certain schedule o.
the tariff shall be in order and that AM
amendments not germane to that particula
schedule shall be declared out Of order.
The president takes the ground that 4
was impossible to revise the tariff imme
diately after the republican platform wa
adopted and to revise at the same time al
a basis of the difference in the cost of bro
duction at home and abroad. He believe
that substantial progress was made in tn
Payne-Aldrich act and now that the tariff
commission has got it's inquiries we'll unde
way, 1t will soon be possible TO take up TN
individual schedules as fast as the fact
and figures are available and revise then
actually on the basis declared for In tn
party platform.
The president already has had two confer
ences with Chairman II. c. Emery of IN
tariff commission this summer. The frs
| OF these was on board the yacht MayfloweI
at Bar Harbor late In July, and the secon,
was at Burgess Point, two weeks ago. Tn
president proposes to have the entire tariff
board meet him here in Beverly some Tin,
J in September.