Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1913-01-06
Democrats Invite Everyone
with Views Relative to Rates
10 Submit Them for Con-
sideration,
EXTRA SESSION MAY
BE CALLED IN MARCH
President-Elect, Speaker Clark
and Floor Leader Underwood
Anxious for Work 10 Com
mence Quickly,
IN, Morning journal special leased wife9

nv Norninl Ionrnal special Leased Wired
Washington. Jan. 5.-The first
stage in the program for downward
revision of the tariff. promised by the
democratic party, will Doe entered
npon tomorrow when the house OF
representatiVes, through its commit
tee ON WAYS and means. formally VIII
omen the doors 10 the American pun
lie for the discussion of tariff rates,
protection 60 industries and conces-
sions to the ultimate consumer Ihe
work will be preparatory To the first
change of tariff duties since 1903,
when the payne-Aldrich law was en-
acted Fortified bS the election of
democratic president ana consfess
and the announcement Of President
elect Wilson that tariff revision Is To
BE- the first big achievement ot the
new administration, democratic lead-
era VIII open tomorrOws hearings
confident that they viii lead 20 an
early change IN many, II not all OF
the schedules Of the existing tariff
law
The method OF the approaching re-
vision Is a point not vet settled fully
bV the democratic leaders and Presi-
dcnt-eleci Wilson. II Is known that
reduced duties on chemicals, metal,
cotton and woolen goods viii follow
closely the standard fixed by the hills
which have passed the democratic
house In the last two years, none OF
which has become law The facts
TO be brought out at the public hear
ngs this month may result In impor-
tant notifications Of the big reduc-
tions the house has put into some OF
the bills of the last two years.
Urged hy Democratic Leader un-
deraoud. Speaker Clark ana other
democrats President-eleCt Wilson u
expected to set the date for the con-
vening Of the extra session about
March 18th
While the democratic tariff is to
he based on the revenue needed to
run the government. il is understood
fully that the probable result upon
American industries will be taken
into consideration in reducing any of
the present protective tariff rates.
Drugs chemicals, paints and other
merchandise that come within the
chemical list, known MS Schedule
A." will form the subjects Of the
opening hearings tomorrow and
Tuesday The chemical schedule
raises more than Sl2.0000O0 IN reve-
nue. or about four per cent Of the
total received from the tariff.
The chemical bill. as framed by the
democratic house last session. would
increase this amount about $4,000
600. according TO Representative Un-
derwood's estimates.
New schedules of the tariff law
will be taken up for hearings each
Monday. Wednesday and Friday until
January 3lst. when the sessions will
close with hearing on the free list.
the administrative features and mis-
eellaneous portions Of the tariff law
Chairman Underwood. of the commit
tee, has concluded, as "A matter of
personal courtesy TO the witnesses. to
withhold their names in advance OF
their hearing In each case the Wit
ness is expected to file brief giving
his reasons for his recommendations
as to changes in the law. his estimate
of the increase or decreases OF inn
ports likely To result from the sug-
gested notifications, the methods or
experience relied upon in making the
estimate. and suggestions as to
phraseology and the Improvement of
the administrative features of the
law
An important factor in the prepa-
rations fer the work of revision is
the belief of democratic leaders that
before the extra session is called
enough states will have ratified the
income tax to enable congress TO pass
an income tax law. suppanting both
the present corporation tax and the
proposed excise tax. such an income
tax. the democrats estimate. would
supply from 0,000.000 to $100, 000,-
900 Of the government revenue.