Vilas County news. [volume] (Eagle River, Vilas County, Wis.) 1896-1927, 1913-10-08

gTpSSlOnaI stage Wnen 1t came back
:, the house from the final conference
committee with the unanimous in
5orsement of the Democratic CON
serees.
The measure, of course, has both it's
friends and enemies. According to
the administration. it carries out
four of the party promises Tariff re-
sorm reduction in the high cost of
living. campaign against the trusts, In
chat duties have been taken off of
many trust made article, and the in
come tax.
The measure, consequently has q
larger Importance than that of a mere
tariff reform bill. and its effect must
ba widespread, both on business and
Industry. and also in connection with
,oJjtics. Democratic leaders are con-
8deut that business will suffer no I'M
toward effect: that consumers will be
benefited,
The bill imposes an average ad
y2lorem rate of from 81 to 20 per
rent. The average for the present
Aldrich law Is 40.l2 per cent. The
average for the Wilson-Gorman act
was 39.45 per cent.
Duties generally have been reduced
IN all Of the articles that enter into
the necessaries of life, including the
PRODUCTS of the farm as we'll as manu-
factured products.
Trust made products in many cases
have been transferred to the free list
or the duties at present imposed have
been substantially reduced.
The income tax feature of the bill is
expected to net some $50, 1000, 900. 1t
will call for tax on net incomes of
unmarried persons of $4,000 and up
wards and on net incomes of married
persons living together, where the
wife or husband is dependent, of $4.-
700 and upwards.
Experts estimates indicate a sur
plus of $16,O00,0OO over all expend-
itures at the end of the present fiscal
year.
A rate of 40 per cent. is imposed
on stockings and half hose valued at
not more than 20 cents a dozen pairs.
=
dozen pairs a duty of 40 per cent.
vas agreed upon.
The conferees eliminated the provi-
sion inserted by the senate denying
entry into the American market of
goods manufactured by children under
IA years of age.
The final agreement provided that
in
come tax may be utilized by the sec
re;ary of the treasury in the general
service Of the internal revenue bu-
reau
Agricultural Products and Provisions.
Cattle, sheep and other domestic an
finals suitable for use as food, wheat
and wheat products and eggs, have
been transferred to the free list Re-
ductions have been made on oats, but
Ger, beets, frozen eggs, peas, green
house stock, zante currants. choco-
late and cocoa sweetened and extracts
Of meats from the rates provided by
the house The rates have been in
creased over those provided by the
oil and ground spices. A rate Of 20
per cent. ad valorem is placed on
ground spices in addition to the spe-
cifc rate provided by the house on
unground The senate receded from
the reduced rate placed on faxseed
and its amendment placing a duty on
bananas The house classification on
lemons and other citrus fruits is &C
cepted
Papers and Books.
The house rates have been reduced
On common paper, box, boards, papers
partly covered with metal leaf or
gelatjne and plain basic papers for
a5umenizing for Photographic print
ing. The rates provided by the house
for surface-coated papers suitable for
covering boxes has GIls II increased
from 30 TO 40 per cent. The senate
amendments placing specific rates
1 graduated according to thickness and
-s size have been agreed to with several
REDUCTIONS in the rates provided. The
rates agreed to arc approximately
equivalent to the ad valOrem rates
Provided in the house 5ill. A SPECIFIC
late has been placed on photographic
views Of scenes and buildings To-
Gated in the United States instead OF
lie adTalorem rate provided by the
house. This amendment results in an
Increase in the rate of duty
Cotton Manufactures.
The senate classification of cotton
cloth, according to the average num-
"F Of the yarns contained therein
vas accepted instead of the house
Ec'lsicn for the highest number. Tnls
"gltly decreases the rate OF some
-aacy #eaves and novelty cloth, put
VI the greater bulk of cotton cloth the
ale IS not affected The rates on
'eached and dyed colored yarns are
Handel Died a Rich Man.
handel, for whom the kaiser mas
o7en expressing his admiration, mace