Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1913-07-05
Bill Likely to be Reported to
Upper House Wednesday
and Discussion viii Begin
Following Monday
WOOL AND SUGAR TO
BE FAVORED SLIGHTLY
All Democrats Are to be Bound
by Caucus Resolution 10
Support Measure Unless
Pledged Against It.
.n. aoanLna lounnal .elcLaL LlA.an m

,uY MORNING JOURNAL SPECIAL ttAatn "iRtl
Washington. July g. - Majority
members OF the senate finance COM
miitee today decided that an schcd-
ulcs Of the new tariff bin except
sugar and wool should become effoc.
tive Immediately after the enactment
of the measure into law. Sugar with
the approval of the democratic cau-
Gus, Will be subject to the Payne-Al-
drich rates until March I, 19tt. The
committee tentatively agreed upon q
cate for the wool schedule. but dld
not announce IT, because OF a prom
isc 60 confer with Senators Walsh
and Thomas. who could not be reach
ed today. The committee viii con-
fer with them tomorrow before the
final sessions of the caucuses Addi-
tional revenue was provided for by
The committee when it decided ia
favor uf the revenue tax ON brandies
used in fortifylng sweet wines TO levy
a revenue tax Of % per cent ad val
orem on what are known as "spur
Gus Wines" wines made from pum-
mis- and fortified with chemicals.
Containers Of such wines must bear
a label. showing what materials en-
ter into the product Just how much
revenue will be derived from this,
the committee could no. estimate be-
cause the tax probably will curtail
the present output considerably
Another change proposed relates 10
the clause prohibiting importation Of
convict made goods It was rvnd-
ed so as to read that such goods be
excluded from countries which do
not "prohibit' convict labor. Oriri-
ually. the clauso read from countries
which did not restrict convict la-
bor
Chairman Simmons said today that
he expected general debate on the
bin to begin "a week from Monday.
He will report the measure probably
next Wednesday and it is his opin-
ion that debate viii be limited to
five weeks.
Regarding the binding resolution
which will be adopted by the caucus
tomorrow, Senator simmons said that
It's provisions would bind every demo-
cratic senator who did not Withdraw
from the caucus, whether he voted
for the resolution or against or even
If he was absent when the vote was
taken, unless he had previously
pledged himself to his constituency
to vote against some rate or principle
involved in the bill. The senator's at
tention had been called to the fact
that Senator Thompson, Of Kansas,
had gone TO his homo in Kansas and
could not attend the caucus tomor-
row.
senator Thompson has given no
notice that he desires to be freed
from the caucus pledge, said Senator
Simmons "and the resolution would
bind him just as much as any other
senator. In fact, ! am assured that
Senator Thompson intends to support
the bill.
The amendment to the bill fixing
a stamp tax on cotton sales sold FOR
future delivery members of the COM
mittee believe viii bring in consider
able revenue. Though the primary
design Of the amendment is to abolish
stock exchange gambling in cotton
futures, it is the general opinion that
it win not do SO but that it will CON
siderably curtail it. In that case the
government will derive some revenue,
but this cannot be estimated.
should the stamn tax on cotton
future deals fail to curtall this form
Of stock gambling" Senator Simmons
said today "the revenue TO the gov
ernment would be enormous