The Birmingham age-herald., 1912-08-10
Returns Compromise Bill to the House for
 Consideration
WANTS SCHEDULE K
 REVISED DOWNWARD
Predicted Wood Bill Might Pass House Over Presidents Veto, But Action of Senate Is Doubtful-Mr.
 Taft's Reasons for Veto

Washington. August S-For the second time within a year President Taft today vetoed a bill to revise the wool tariff schedule K, of the Payne Aldrich tarlff law
 With message of disapprovai the Pres ident returned to Congress the bill evolved as compromise between the House and Senate, holding that its low rates would bring disaster to home industries. He appealed to Congress, however not to adjourn nntil it had enacted measure to substantially reduce unnecessary eN- isting duties without destroying protee- ton for the wool industry in the United States
 The Presidents disapproval Of the wool bill Is to be followed with similar vetoes of the steel bill and the cotton bill The sugar bill is likely to be vetoed as Is the excise tax bill, the latter probably on the ground that the President believes 1t unconstitutionai
 q shall stand by my pledges to main tain a degree of protection necessary to offset the differences in cost of produc- tlon here and abroad, and will heartily approve of any bill reducing duties to this level, MT. Taft wrote.
 Different Reason
 While the bill vetoed today and the one disapproved last year were identical In terms the Presidents reasons differed. lis vetoed the former bill because 1t had been framed before the tarin boards re- port, the latter because he said it had been framed with disregard for the boards findings.
 Most of the rates in the submitted bull" the President wrote. "ar6<o low in themselves that If enacted into oN.aw the inevitable result would be irretrievabe to the woolgrowing industry. fhe enforced idleness of much of our wool eombing and spinning machinery, and of thousands Of looms and the consequent throwing out of employment of thousands of work men"
 The bill sent to the White House im- posed an ad valorem duty of % per cent on raw wool and of cloths of 10 per cent. Of the other rates Mr. Taft said several were insufficient to protect the grower anG the manufacturer
 Might Pass House
 IL was predIcted the wool bill might bs passed by the House over Air. Tafts veto, but there was some doubt as to its Tate ill the Senate.
 Republican leaders were inclined 10 he- l lieve fl would fail of passage there, as 1t Cid l2 months ago The President de- l clared in his message that he was anN- ious to see Schedule K revised downwald and that he would be glad 10 see Con gress remain in Washington until bill he considered proper was sent to the White House. He found Il impossible. he sad in view of the platform on which he was elected, 10 approve the submitted measure but declared one agreeable te his views had been drafted by minority members of the House ways and means committee.
 ''l strongly desire to reduce duties.' read the message, provided only the pro- tcctive system be maintained, and that industries now established be not de- stIoyed. It now appears from the tariff boards report and from bills introduced into the House and Senate, that bill may be drawn so as to be within the re- quirements of protection and still offer reduction of 20 per cent on most wools and Of from % per cent to 50 per cent on cloths.
 'T cannot act on the assumption that a majority. of either house will re- fuse 10 pass a bill of this nature.
 "I therefore urge upon Congress that 1t do not adjourn without taking ad- vantage of the plain opportunity thus
  isting duties. I appeal to Congress to reconsider the measure which | now return without my approval and 70 adopt a substitute therefore, making substantial reductions below the rates of the present act. which the tariff board shows possible without destroy ing any established industry or throw ing any wage earners out of employ ment, and which I will promptly ap- prove. Despite the efforts that have been made to diseredit the work of the tariff board the report onsthis schedule has been accepted with scarcely dis senting voice by all those familiar with the problems discussed including active representatives of organizations formed in the interest of the public and the consumer
 The message sent 10 the House was drawn after conferences between the President and Chairman Emery Of tho tarln board II was submitted to tho cabinet yesterday al an extraordinary meeting.
 Reports that two members of tho Presidents official family urged him to approve this measure were denied at the White House