The Paducah evening sun., 1910-08-29

by the kind OF Investigation that sta
,lsticlans and scientific investigators
use when the commission completes
Is work, either on the entire tariff
Or on any OF the schedules In respect
% which Issue has arisen, and the
work OF the commission shows that
the present tariff is wrong and should
be changed. expect to bring the
matter to the attention OF congress.
with a view to its amendment OF the
arin in that particular. or course,
his will be impracticable unless con-
gress Itself shall adopt the parlia-
mentary rule. as hope II viii that
4 bin To amend one schedule of the
'arif may not be subject TO . motion
to amend by adding changes in other
schedules
Il will thus be possihe to take mp
single schedule with respect 20
which il Is probable that a great ma
ior,ty OF each house will be unpred-
mdlced. TO admit the evidence. and
20 reach fair conclusion. For
.hese reasons Il seems to me that al
RepubUcans-comparatively, progree
sive and radical-may well abide the
situation with respect TO the tarir
until evidence now being aocumu-
ated shall justify changes In the
rates: and that It Is much better for
| hem to vote for Republicans than To
help create a Democratic majority
which would be utterly az war With
he protective principle, and there-
fore would have no use for the Ind
ngs OF the tarin commission. as We
nay certainly infer from the solid
Democratic vote In the present con-
gress against the necessary appro-
Drlation for the commissions work.
Result of Payne Law.
One great virtue OF the new tarli
aw. including the corporation tax,
.. that taken with the current effort
Of the administration TO keep down
or reduce governmental expenditures
and TO reform the methods OF collect
ling the customs revenue, u has. by
It's revenue producing capacity. turn
ID a deficit in the ordinary opera
lions OF the government OF s5S. 600
200 for the year ending June 30
1903. TO a surplus In the arst ful
year Of the law. ending Aug 5. 1910
n $4,000. .000. From revenue
tandpolnt. then. there can be no cor
iroversy over the effectiveness OF th'
new law. Increased revenue indi
,ates Increased imports. and an ex
animation o. our imports during th'
i last year will disclose a most sub.
tantial Increase IN manufacturers
material. from which, In the making
of finished products. whether for ex
,ortation or home consumption. hai
,ome a larger volume OF employment
or our wage earners. n larger pur'
'hasing power and a greater consumT
ion OF the products Of our farm'
and fabricatIons OF our factories SC
ar. then. as such importations dC
'ot displace home production. they
nust be Of benefit TO all. Generally
poaking. a fun measure OF industrial
lctivity In production, transportation
nd distribution has accompanied
he operation OF the new law Under
he maximum and minimum proyle
ons we have concluded treaties with
y foreign nations gaining the best
.3ssib'e terms for entrance to their
narkets without sacrificing our own.
By the Payne tariff law We have ai
ast done justice to the Philippines
~ allowing the producers OF those
Sands the benefit OF our markets
With such limitations as TO prevent
injury to our home Industries.
Again, the present law In its cor
oOrat!On tax imposes a new kind OF
ak which has many OF the merits OF
m income tax. II taxes success not
allure. Unlike a personal income
AK. II Is easily and exactly collected,
and by an increase or decrease In the
rate enables congress with exactness
% regulate It's income TO its necee-
iary expenditures More than this,
t furnishes an indirect but effective
method of keeping the government
ldvlsed as to the kind OF business
lone by all corporations II Is one
II the most useful and important
hanges IN our revenue laws. as the
future will show. In spite OF the
riticisms heaped upon Il at its pass
age, no party responsible for reve-
lues or anxious 10 retain every
means OF legitimate supervision of
corporations will repeat II.
Amend Interstate Commerce.
The next most important work OF
the present congress was the passage
Of the amendment to the interstate
commerce bill. The Republican plat
form favored amendment to the inter
state commerce act with a view TO
giving greater power to the Interstate
commerce commission In regulating
the operation of railroads and the fix-
ing OF traffic rates. and also favoring
such national legislation and super
vision as would prevent the future
oyer-issue OF stocks and bonds by in
tertsate carriers. After the adjourn
ment Of the congress at its extra ses-
son, ! invited two of my cabinet and