New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-10-05
Declares Underwood Simmons
Measure the Best Enacted
Since the Civil War.
WORK OF A UNITED PARTY
Treasury Officials Forming
Plans for Enforcement of
the Act and It's Income
Tax Provisions.
From The Tribune Bureau

Washington. Oct A-Secretary Bryan
gave his full Endorsement to the Under
wood Simmons tariff bill to-day. He said
that II was the best since the Civil War.
He also predicted the early passage Of
the currency bill. Following is his In
terview:
THE tariff law that went into force
last night is the best tariff measure since
the war. and all who have taken part in
preparing II are entitled TO great credit.
IT is better bill than we were able TO
pass twenty years ago. and I rejoice
that political conditions are such as TO
make the present law possible.
''The Wilson bill was compelled TO carry
a burden that Will not fall upon the
present law and ought not to have fallen
on that law. The Wilson law provided
for an income tax which was held I'M
constitutional by a divided vote, the one
majority having been secured by change
OF opilion on the part Of one judge be-
tween the two hearings of the case.
"The notification Of the income tax por-
ton of the Wilson law reduced the gov
ernmeit's income until 1t would not meet
the expenses of the government. and this
compelled an increase OF Indebtedness
that threw upon the bill an undeserved
odium which. together with the fact that
the Senate deprived the bill OF some of
Its best features robbed the party of the
benefit which would ordinarily have come
70 II from a reduction in import duties.
Wilson Law Unfairly Burdened.
.'rhen. too. the bill went into operation
at a time when financial conditions were
bad. and many attributed 70 the law the
defects for which 1t was not at all
responsible.
IT mentioned the law OF nineteen years
ago because it is the only thing since the
war with which we can compare the
nresent law. Both economic as well as
political conditions make it possible 20
do now what could not be done tnen'
owe have. too. at this time, united
marty. which is a great asset. The Presl-
4 dent and the Democrats Of the House ana
Sonata have been in full sympathy ana
have worked unitedly in the accomplish
,oent Of this important work. They snare
the honors together. and the honors are
sufficient TO give distinction TO all VINO
have participated.
october marks an important epoch IN
the economic history Of the generauon'
and I am confident that 1t Will not De
long before the country will be able to Gel
citrate a second triumph for the Presl-
dent. Congress, the party and the country
when the new currency bill passes and re-
oeives the Presidents signature"
President Congratulated.
President Wilson went TO the golf links
early to-day, according to his SATURDAY
custom and when he returned TO the
white House he found pile OF kilograms
accommodating him on the signing or the
NV tariff bill The messages came from
chambers Of commerce as well as POM
cal organizations in various parts OF inc
country.
with the congratulations on the COM
nletion of the tariff came, in many cases
the sentiment, Now for currency iesi9
Istionr' In this spirit the President loon
,,n the task OF securing the accomplish
,,art NJ the second big measure OF MS
administration. Coo.
SECRETARY McAdoo and Assistant secre-
49,, uamlin. of the Treasury Depart
,oent began the development OF a plan Oh
.,,,orcer,ent of the tariff act treasury
s@c,o,s declared that 1t was the lowest
Ser law in the history of the country
,r,tb the possible exception OF the walker
,.rirr OF 1915 and its amendatory tar'1 OF
1857. A.. en- ooo on,
II is roughly estimated that 'l"'OOY,"v'
~,,, ., merchandise. held in bono, 300"
WI ~ vithdrawn and payment or 'outy
W ,,,dsr the new Law. Compared WIFI
1swna- Aldrich act, this Will mean
~. ~ slO. 900 900 TO the government lre 'ar
~ onacials maintained that theSe w.
.,s would have no perceptipie eheo'
.ha business of the country
To Collect Income Tax.
NH ost a,f,cult administrative feature
-, .ns new act is the income tax provision.
,rh,s entirely new venture will REQUIRE the
.,or, of experts to draft workable piah
49,. x,,,,, insure the government RECEIVING
a. ,.,rtu, 6ues from every taxable oitzeh.
yyilNam II. Osborn, Commissioner OF
Yr,arnal Revenue. to-day began the TASK
80 formulating as simple plan as pos
sible. ,.sn
while no oficial announcement mas ooe.'
,,ade ~ is believed that l. r. speer, Vi
paneor. Penn, chief Of the corporation
co. d,vision of the Treasury Department,
u,l be appointed Deputy Commissioners Oh
y,,.a-rai Revenue. in immediate charge Oh
the income tax.