The Richmond palladium and sun-telegram. [volume] (Richmond, Ind.) 1907-1939, 1911-06-06
The House Ways and Means
Committee Says Duty Must
Be Maintained Because of
Republican Methods.
EXTRAVAGANCE HAS
EMPTIED TREASURY
Chairman Underwood in His
Report Takes Fall Out of
the Tariff Board and Also
the President.
(National News Association

(National News Association)
Washington, June 6-Chairman I'm
derwood of the ways and means COM
mittee today presented to the house
the wool revision recently agreed on
by the Democratic caucus. accom-
panying the same with a voluminous
report outlining the attitude Of the
majority for a revenue duty Of 20 per
cent on that product. The report ex-
presses lack OF faith in the tariff
board advocated by President Taft
recently organized by the president 10
not going to frankly communicate
data to the house.
THE bill presented herewith" says
the report, ''is not to be construed as
an abandonment OF the Democratic
policy, but in view Of the Democratic
platform, for gradual reduction OF Ia
riff and of the depleted condition OF
the treasury, as result Of RepubN-
can extravaganza. a tariff OF 20 per
cent ad valorem on raw wool is now
proposed as a revenue necessity.
The present condition Of the treas
ury, following along a course OF extra.
vagance by the Republican party, and
appropriations already made by the
Sixty-first congress which the Demo
cratic minority could not limit. re-
! quires that revenue from customs
duty in the immediate future be main.
tained at approximately the total OF
the fiscal year. 1910. Under compul-
sion of this situation the committee
finds it necessary to recommend
moderate revenue duty on manufac-
tured wools and the bill herewith re-
ported provides that all raw woods OF
whatever class or kind shall be SUBJ
ject to an ad valorem of 20 per cent.
This rate is less than half of the rate
now existing, computed on ad valorem
basis"
Criticizing the tariff board and the
president, the report says. The posi-
ton OF the tariff board seems to be
that they in conference with and un-
der the control of the president shall
be the judges OF what part OF data
the collect may be likely to be OF SER
vice for the purposes of legislation.
1T is therefore not impossible that
there may be such delay in commune
cation to congress of statistical data
collected by the tariff board concern
ing wool and woolen goods az there
has been in communicating to con-
concerning investigations OF steel and
other industries"
| The report says public patience has
already been too much abused and the
Democrats do not propose to further
delay a revision of the indefensible
schedule *" of the Payne BILL Then
the report declares the President him
self has denounced the Payne bill rates
on wool as indefensible. Chairman
Underwood has already received a
number of requests from Republican
insurgents who want to speak for and
vote for the Democratic revision Of
Schedule * The Republican au-
thorities, declares the report, have ad-
mitted that the Payne-Aldrich rates on
wool are defective.
William Whitman one OF the prin.
cipal factors in national wool manu-
facture is charged with having had a
hand in the making OF the former
tariff bills and the committee report
declares he and other manufacturers
are still enjoying fayors through the
prohibitive duties of the Payne bill.
The report is more than 200 printed
pages in length and contains great
|mass Of statistical data in favor OF
Democratic reduction on wool to a rev.
enue basis Representative Under
wood will begin the debate on the
wool bill tomorrow.