New-York tribune., 1913-05-27
TARIFF CATECH|SM PUT
TO INDUSTRIAL WORLD
Every Manufacturer Requested
to Answer TWenty-nlne
Questions Under Oath.
INFINITE AS TO DETAILS
Crowds Make Eleventh Hour
Rush to Attend Hearings
Campaign Gifts Termed
Dishonesty.
- - Tr-hnn. Rs-eaa-

Washington. MAY 25-Without waiting
for further demands from the Republi-
cans. the Democratic members ~ the
Finance Committee sent out to-day 10
manufacturers and others who have ap-
peared before them 90 protest against
the pending tariff bill q list OF twentr-
nine questions. framed 10 lay bare the
intricacies Of the respective industries
SuOioined 10 the list Of Democratic ques-
ticns is the list OF sixteen questions pro-
pounded by Senator la Toilette.
Democratic tariff revision. however.
Will not uait on the replies 70 the in
quries which are extremely complicated.
and will involve so much research on the
part OF tho protesting manufacturers
that they cannot very well be- answered
before the biz will be ready FOR submis-
sion To the Senate II also remains with
the manufacturer 70 decide whether he
will reply 20 them or not. II he does
reply the statement must 0e made under
oath.
The complexity Of some OF the ques-
tons may be gathered from question l9.
which follows. What was the cost OF
production in your plant per unit Of YOUR
product FOR tho fiscal wears 1910 and 1922
Give cost OF materials labor, overhead
charges and depreciation charges IN sep
arate items and in as much detail as pos
sible. In this connection. give capitaliza-
ton as follows:
"(s) Amount OF common stock is
90 Amount Of preferred stock Is
20, Amount OF bonds issued
..fdl Amount OF actual cash or its
equivalent IN property received IN con
sideration OF the stocks and bonds
sG1i "Cei Rate Of dividend paid on pre-
20 Rate Of dividend on common
| stock. .-,..,s-
The above three items-(fl. ~ and
,g,-should cover each year for the
last ten years.
..Chl How much OF your earnings for
each Of the years 1910. lsu ana lsl5
/ nave been credited 70 surplus, and
I h0w much have been devoted 10 aCdl-
/ tiOrs 20 the plant2
/ 30 Salaries paid during each OF the
foregoing years 20 each OF your prln-
"a statement AZ assets and iiabili-
ties 1910. 1911 and 1872
/ "Ox) Comparative balance sheet for
/ the years 1910 1911 and lsl2.
Crowds Of manufacturers gathered in
/ the rooms where the subcommittee Of
! the FINANCE Committee we're In session
/ to-day. many OF them franucally eager 70
present their complaints before the hear
i,gs are closed tomorrow afternoon.
Darwin r Kingsley president Of the
/ New York Life Insurance Company
/ urged The subcommittee of which Sen
ato~ Williams is chairman 10 exempt from
l the payment Of the income tax oil insur-
ance written for protection and mutual
bcrcft ard not for profit He submitted a
/ statement 10 show that his company did
/ business entirely on a mutual basis.
/ Mr.. Kingsley had a spirited o-chanze
with Senator Williams over campaign
contributions. who asked If the '25O.000
LdiecIosed in the Hughes Investigation
did not disproye the companys asser-
ton that porcyholders participated in all
! the earnings OF the company.
"Tt proved" Mr. Kingsley said tint
the Judgment OF the company's officers
was bad
/ 1T proved more than that" asserted
senator Williams 1T was absolute dis
( honesty"
Ambassador Jusserand called A. the
/ state Department to-day and informed
/ Secretary Sryan OF protests from the
/ paris Chamber OF Commerce and many
other French commercial organizations
against certain Administrative provisions
/ OF the tariff act Secretary Bryan prom
ised 10 transmit the protest 20 the Sen
q 70 Finance Committee.