Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1913-04-05
Measure Modelled in Accord
with Views of President VIII
son Makes SIaShing Reduc-
tions All Along Line,
MARKET BASKET TO
BE PRACTICALLY FREE
Income Tax Rates from One.
Per Cent Up to -Four Per Cert.
Decided Upon by Ways and.
Means Committee,

WCQllO OOlllllllAANOl
(By Morning journal Special Leased Wire)
Washington. April 1.-THE demoera-
tic tariff revision bill was completed
tonight, with the exception Of final
decision upon the sugar tariff From
beginning to end il is measure
modelled in accord with the IDEAS Of
President Wilson, with wool, meats
and many other foodstuffs and cloth
ing materials on the free list; with
low duties upon all agricultural prod
ucts and foodstuffs that are not free;
and with the tariff on chemical, steel
and other commercial products cut
far below the present protective rates.
The senate tariff leaders asked for
an opportunity to study the bill until
Sunday afternoon. They Will then
confer with Chairman Underwood, of
the house committee ON ways and
means and later will have final con-
ference with President Wilson. A
careful analysis Of the nate will be
made in the meantime TO determine
whether free wool, "onc-cent sugar
and low rates on market basket
products, will prove acceptable to "a
majority of the democrats
Briefly summarized. the tariff de-
velopments of the day were:
President Wilson's ultimatum TO
sugar interests, that they must agree
to a tariff of one cent per pound for
three years. with free sugar after that
time. or he would. attempt to secure
free sugar at once.
The completion az ne hlf BY the
ways and means committee. with the
exception Of the sugar schedule. the
committee is prepared to agree on
free sugar If the president insists.
Income tax rates fixed at one per
cent for all corporation incomes above
$4,000 one per cent on personal in
comes from $4,000 to $4,000. two per
cent from 100000 TO $4,000. three
per cent from S50,000 to 100000.
four per cent above 100000.
The president submitted his propo-
sal on the sugar tariff to Representa-
five Broussard. of Louisiana, early to-
day Louisiana senators and repre-
sentatives conferred and sounded out
other members Of the senate. to de-
termne whether enough strength
could be secured to fight the free
sugar features Of the plan They had
reached no decision tonight however
as to the course they would take.
Notwithstanding the sugar contro-
versy events so shaped themselves to-
day as to indicate that the house. the
senate and the president will come to
definite and final agreement upon
the tariff bill before Monday; and
that the measure will be presented to
the house early next week as an ad-
ministration measure and with all
tariff leaders behind it.
After short meeting of the demo-
cratic members Of the finance com
mttee today, Senators Simmons.
James and Hughes called on Mr. I'm
derwood and discussed the wool. su-
gar and agricultural tariffs. A de-
mand from some quarters in the SEN
ate for an increase in the agricultural
duties and a doubt as to the success
of both free wool and free sugar in
the senate, constitute the problems
over which the senate leaders viii
work tonight and tomorrow
The house tariff makers have left
matters entirely in the hands of the
president Members Of the senate
finance committee today declared
there would be an ultimate agree
ment with the president over all con
tested points. 1t is understood that
unless the sugar compromise is ac-
cepted by the senators from southern
states, the finance committee prob
ably will act on its own initiative and
comply with President Wilson'S de-
sires.
The situation as it has developed
this week is apparently a consumma-
ton of the plan laid oat by the presi-
dent and the house and senate leaders
TO bring the executive department
and both branches of congress into
agreement upon the tariff revision be-
fore the new bill leaves the custody
of the committee that has drawn it,
Leading senators predicted today that
there would be no important matters
uilsettieu When the bsl is introduced
in the house.
This situation, unique in tariff his
tory of recent years, is expected great
" to shorten the time required for
the passage of the tariff bill. and to
reduce to an unusual degree congress
slonal debate and amendment of the
measure. A preliminary agreement on
the bill, it is claimed. will result in
the making Of few changes bv thel
senate when the bill reaches that
body
Chairman Underwood. when the
ways and means committee adjourned |
Tor the day seemed in a greatly re-
lieVed frame Of mind, and expressed |
the nope that the committee would |
near from the president and the sem |