Newark evening star and Newark advertiser. [volume] (Newark, N.J.) 1909-1916, 1913-09-30
UNDERWOOD CALLS
new TARIFF BILL
PROSPERITY AGENT
Business Already Readjusted TO
Meet New Schedules, He
Tells House.

WASHINGTON, sept. <u- ne
rates of the tariff bill as it comes
back to the Hiuse for approval pro-
poses a lower taxation than any tar
if bill in the last thvee-quarters OF
a century" said Representative Us
car w. Underwood, Democratic Lead
err of the House, in the opening
speech today in support o. ire con-
I. ference report on the tariff bill,
s.,rhe bill as it is now before ire
Jo,ise is lower in its rates thah
either the bill that passed the House
~ the hin that passed the Senate Tor
/. the House conferees accepted an ~
three or four of the reductions maui
Nv the Senate, while the senate
ceded from over one-hail u 80
creases. - a. oe nor rent.
a,,a,a ee is almost as lew as the IL
nous walker tariff, whlch naH Dc
arties on LIQUOR and tobacco. ~.
sidas ne GREAT reductions oil tsrt-eie9
4 If General use, this bill places lii e.iis
~ fbe necessities of life on the Ires
4 list or gives them very low RUS
tariff no Der Cent.
.oso,,+otive IJnderwcoIs state
~ ,,-a,s greeted with applause from
+bo crowded Democratic side 81 Tue
House In contrast with the ANe l
ooe tariff of rs per cent. az Nd "a, T w
IN the Underwood Simmons IN,
.aid the existing Payne law mas ~
/ s~,erage Of over 40 per cent, anu tlle
wilson bill passed by the laSt 1J'.1' e,e
cratic administration haa IN 1N0i
of over 80 per cent. ,ar,
Tba revenues under the new law
enrr1ns of $4,000, 900 over estlifiaI LIl
{ s,a,ernnaent expenditures in 1919. Ile
eava the House the treasury experts
figures. made public yesterday, s.,
mating the total government rev l5;
+ a. 1e15 at 81, OPS, 100000 with eXpeii"i-
lures Of S1.0OS 000.O00. 4.aa,,
after three years of battle tou4S
The Democratic party is prepares; W
keep its pledges to the A 5ll'.I,oed
,esople >, continued Mr.. Underwood
sNo matter what criticisms our au-
versaries may have of this bill no
snatter whether they believe II WIS.,
rr worl<a BILE no man can deny ina
an rpnresentatives of the American
raonle constituting the Democratic
marty in Congress have kept eVslS
pledge made four years ago ana W.
years ago in Difference 10 the
ton of tariff taxation.
VIII Destroy
81 do not believe there is any
danger of this tariff working an IN
Sllrv to the great producing interests
~ The limited States. They have IN
the mast been surrounded by arunclal
conditions. This bill will force them
"a modify and change these aru1lclal
conditions. to bring their business
{. down to a sound and safe Level.
.sRllf | believe the country has not
waited for this bill to accomplish tilat
reimbursement of business seeing tiie
Inevitable change of tarliI, business
interests already have prepared Ior
the cituation. -7,,.+r,,
.sWben this law is passed industry
and finance in the United States Will
move onward. / believe an era OF
prosperity and progress is ahead OIL
] If IT does come. and my eXpecta-
ions re realized. today VIII marx
he md il this country OF the prln-
ip.e of protective tariH Tor per
onai ereed. nae
.Tsted with prolonged applause
- the Democrats when he con-
Med He was followed by Repre-
.ta,ive PAYNE, Republican author
ftbe existing tariff law and leader
wthe Republican eonferees on the
lakewood Simmons bill.
fcruc ovcrestimated. says Payne.
ID PAYNE declared the Democrats
Il oyerestimated the revenue tnal
id be secured under the new Dill
kuu have prepared your Suesses
che basis that present prosperity
fcontinue" said Mr.. Payne, put
caro- ali trembling now for fear it
Git"
Err. Payne declared American com
lrce and industry had developed
fatly under the Republican tarlh
"a would suffer a disastrous SET
Ak under the new Democratic law;
gepresentative Payne declared
1esident Wilson'S influence had
tolded the tariff bill throughout, and
bat individual members of Con-
fess had yielded their own opinions
the President He did not charge
he President had used patronage TO
ccure support of the bill, but SAID IL
was always good thing to nave
lot of appointments on hand when
GU want to get tariff bill through.
Representative Payne declared the
Democrats had ceased TO promise
Ythat the tariff bill would reduce the
cost of living.
: aThat's what you said last fail on
the platform" he said. I'm decency
you ought to keep it up now. But /
haven't heard a word on that lately.
You are all wondering what the
tariff bill is going to do
He declared there would be no re-
duetion in the cost of living under
the new tariff unless it came with a
cessation of business activity. All of
the small reductions in tariff, he said,
would be absorbed at the wharf in