Las Vegas optic. (East Las Vegas, N.M.) 1908-1921, 1912-08-09
he SAYS IT IS TOO Low
IN A SPECIAL MESSAGE He
URGES CONGRESS 70 TRY
ONCE AGAIN.
He WISHES PROTECTION
DUylEs, EXECUTIVE DECLARES,
SHOULD BIZ JUST HIGH
ENOUGH 10 AFFORD IT.


Washington. Aug. 9For the sec
Ond time within year President
TAFT today vetoed bill to revise the
wool tariff Schedule X Of the Payne
Aldrich law. The president returned
to congress the bill, evolved as q
compromise between the house and
senate, holding that its low rates
would bring disaster to home indus
try. He appealed to congress, how
ever, not to adjourn until it had en-
acted measure to substantially re-
duce unnecessary existing duties
without destroying protection for the
wool industry in the United States
The presidents disapproVal Of the
wool bill Is to be followed with SINH
lar vetoes of the steel. bill and the
cotton bill. The sugar bill is like
ly to be vetoed, as is the excise tax
bill, the latter probably on the
ground that the president believes it
unconstitutional.
Il stand by my pledges 10 maintain
a degree Of protection to offset the
difference il cost of production here
Z and yad and heartily approve of
any bin reducing duties to this level, ,"
wrote Mr. Taft While the present
bill and the one disapprovcd last year
were identical in terms, the presi-
dents reasons differed He vetoed
the former because it had been franz
ed before the tariff boards report
the latter because he said it had
been framed with disregard Of the
boards findings.
sMost Of the rates in the submitted
bill.n wrote the president, "are SO
low IN themselves that if enacted into
law the inevitable result would be
irretrievable injury to the wool grow
inc industry, the enforced idleness Of
much Of our wool combing and spin
Ming machinery, and Of thousands Of
looms and the consequent throwing
out 81 employment Of thousands Of
workmen"
The bill sent to the White House
imposed an advalorem duty Of 70
ner cent on raw wool and on clothing
~ a. per cent. Both rates, Mr.. Taft
held. were insufficient to protect the
wool grower and the manufacturer. IT
was predicted that the wool bill might
he passed by the house over Mr.
Taft's veto, but there was some doubt
As to it's fate in the senate. Repub-
,,ean leaders were inclined to be-
lieve that it would fail Of passage
there as 1t did twelve months ago.
The president declared In his mes
sage that he was anxious to see
schedule K revised downward and
that he would be glad to see con-
grsss remain IN session until a bin ne
could consider proper was presented
II the white House. He found it inn
possible, he said, IN view Of the plat
FORM On which he was elected, to ap-
prove the submitted measure, but de-
clared one agreeable to his views had
been drafted BY minority members Of
the house ways and means commit
tee,
n strongly desire to reduce duties"
read the message, provided only the
protective system be maintained and
that industries now established be
not destroyed. It now appears from
the tariff boards report and from
bills introduced into the house, and
senate, that a bill may be drawn to
be within the requirements Of protec-
] ton and still offer a reduction Of 20
per cent on most wools and from five
per cent to SO per cent on clothes
cannot act on the assumption that q
majority Of either viii refuse 70 pass
q bin Of this kind. therefore urge
upon congress that # do not adjourn