The watchman and southron. [volume] (Sumter, S.C.) 1881-1930, 1911-08-23

1afts veto Of the wool tariff as Ii
was read In the house late today was
followed by an outburst OF Demo-
cratic cheers. when o. w. Underwood.
majority leader. announced that re
would call up the bill tomorrow and
move Its passage over the veto.
The presidents veto message
reached the house while the roll was
being called on Mr.. Underwood's mo-
tion TO concur In the senate amend
ments to the free list bill. When the
conference report on that bill in its
dnal legislative stage was announced.
the reading OF the presidents mes
sage was begun. each member fol-
lowing the presidents words from
printed copies OF the veto. which had
been distributed. The reading con-
ciuded. Mr.. Underwood arose.
Mr.. Speaker" he said. II do not
desire to ask that this message from
the president be referred to the COM
mittee on ways and means. ask
that IL lies on the speakers table and
give notice that will call up the bill
tomorrow Immediately after the read.
Ing Of the message and move to pass
II over the presidents veto."
Cheers and shouts from the Demo.
cratic members greeted the announce
ment.
Mr.. Garrett OF Pennsylvania, when
quiet was restored asked unanimous
consent to incorporate I'm the record
q portion Of President Taft's speech
at Winona. Mimi. In the last cam
paign. In which ne described the wool
schedule of the Payne-Aidrich tariff
bill as ''indefensibie."
J. R. Mann. Republican leader,
asked unanimous consent to incorpor-
ate the entire winona speech In the
record. which was carried.
The Democrats will make an effort
TO pass the bill over the presidents
veto.
The house and senate disposed of
tho tree list bin as agreed on In con
frenee. and II was signed tonight by
'>vl~> President Sherman and Speaker
Clark. Il will be sent 20 The presi-
dent tomorrow.
After ~ missing that the tariff
board will DC ready to report in De-
cember. the president argues that
failure OF the present bill should
not be ressrd5 therefore. as TAX
Ing away the onl chance for reduc-
tion by this congiess The message
was accepted a. an Indication that no
tariff bill proposer I'm adavnce Of
report Of the tariff hoard upon sched-
ules affected will 20 signed by the
president.
In his message President Taft said:
IL return without my approval
house bill No. 11.01e. with a state
ment OF my reasons for so doing.
The bill Is an amendment to exist
Ing tariff law and readjusts the Gus
toms duties In what Is known as
schedule X. embracing the wool bill
and the manufacturers OF wool.
II was elected to the presidency as
the candidate Of a party which In its
platform declared is aim and pur-
pose TO maintain protective tariff by
the imposition OF such duties as will
equal the difference between the cost
OF production at home and abroad.
together with reasonable profit to
American industries I have always
regarded this language as fixing ,he
proper measure Of protection at the
ascertained difference between the
cost cf production at home and that
abroad and have construed the refer
ence TO the profit OF American indus
tries as intended. not 10 add new
element TO the measure stated or to
exclude from the cost OF production
abroad the element OF manufac-
turers' or producers profit. but only
to emphasize the importance OF In
cluding In the American cost a manu-
facturers' or producers profit .rea-
sonabie according TO the American
standard.
'In accordance with a promise In
the same platform. I called an extra
session OF the Sixty-hrst congress. at
which n general revision of the tariff
was made and reenacted In the Payne
bill.
1t was contcnded by those oppos-
Ing the bill that the existing rates on
the Dingley bill were excessive and
that the rates adopted in the revis-
ed statute were not sufficiently re-