The Daily Missoulian. [volume] (Missoula, Mont.) 1904-1961, 1912-08-10
MEASURE FRAMED ~ SENATE
AND HOUSE ls plsAPPRovEo
ONCE MORE.
ENDANCERS INDUSTRY
Low Rates Of The Act VIII Do Away
With the Idea Of Protection to
American Growers and spinners, the
President eays-Wouid Do IRE.
trievable Harm, TO the Trade.

Washington, Aug. 9.-For the second
time within year president Taft to-
day vetoed a bill to revise the wool
ta.iff- schedule TX of the Payne
Aldrich law.
The president returned to congress
tha bill evolved as a compromise be-
tween the house and senate, holding
that It's low rates would bring dis
aster to home industry. He appealed
to congress. however. not to adjourn
until II had enacted a measure to re-
duce substantially unnecessary ex-
istjng duties without destroying pro-
tcctiOn for the wool industry in the
United States"
The presidents disapproval of the
wool bill Is to be followed with sim
liar vetOes OF the steel bill and the
cotton bill
The sugar bill may be vetoed and Sc
may the excise tax bill. the latter
probably on the ground that the presi-
dent believes II unconstitutional
Il stand by my pledges to maintain
q degree of protection to offset the
differences In cost of production here
and abroad, and will approve heartily
any bill reducing duties to this level"
wrote Mr.. Taft.
While the present. bill and the one
disapproved last year were identical
in terms. the presidents reason DIFF
fered. He vetoed the former because
II had been framed before the tariff
boards report-the latter because he
said It had been framed with disre-
gard for the boards findings.
Most OF the rates In the submitted
bili." wrote the president. ARE 80 long
in themselves that II enacted into law
the inevitable result would be ir-
retreivable injury to the wool-grow-
ing industry, the enforced idleness oil
much of our wool -combing and spin
ming machinery, and of thousands of
looms and the consequent throwing out
OF employment of thousands of work
men,"
The Bill.
The bill sent to the White House
imposed an ad valorem duty of 90 per
cent on raw wool and on clothes oil
~ per cent. Both rates, Mr.. Taft
held, were insufficient to protect tn,
wool grower and the manufacturer.
II was predicted today that the WOO
bill might be passed by the house over
MIR. Taft's veto. but there was some
doubt as to It's fate In the senate. Re.
publican leaders were inclined to be.
lieve that II would fail of passage there
as 1t did IL months ago.
The president declared In his mes.
sage that he was anxious to see sched
ule "K revised downward and tina
ne would be glad to see congress re
main In Washington until a bill h,
could consider proper was presented Il
the White House. He found 1t i'm
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 ha'
been drafted by minority member
of the house ways and means com
mittee.
II strongly desire to reduce duties.
read the massage, provided only tn
protective system be maintained an
that industries now established be no
destroyed. 1t now appears from tn
tariff boards report and from bill
introduced into the house and senat
that bill may be drawn to protec
and still offer a reduction of 20 pc
cent on most wools and from s pc
cent to 80 per cent on clothes. ! can
not act on the assumption that a ma
jority of either will refuse to pass
bill of this kind. therefore urg
upon congress that 1t do not adjour
without taking advantage of the plai
opportunity thus substantially to re
duce unnecessary existing duties.
appeal to congress to reconsider tn
measure which ! now return Withol
my approval and to adopt substl
tute therefor making substantli