The Mitchell capital. (Mitchell, Dakota [S.D.]) 1879-1918, 1913-10-02
TARIFF REPORT
IS SIGNED TODAY
BY THE COHFEREES
Average Duty 4 Per
Cent Under House
REBATE ALLOWED
5 Per Cent Advantage on
Goods Imported on Amer
lean Vessels.
REBATE w

Washington, ID. C.-The confer
ence report on the Underwood-Sim-
mons tariff bill, representing the final
adjustment of disputes between the
Senate and the House over the for
mer's amendments, was made public
today when the democratic managers
submitted it, for the first time, to
their republican colleagues on the
conference committee, in the form in
which the tariff bill will ultimately
go to the president for%his signature.
1T carries many changes from the
original Underwood bill as passed by
the House last May. While the Sen
ate gave way on many amendments,
during the two weeks fight in cor
ference, many important changes
were retained and the general aver
age of the rates of the House was
reduced about four per cent adyalor-
EN-.
Among the important changes an,
nounced are as follows:
The tax rate on incomes above
$4,000 increased by a graduated
scale of from three to seven per cent
and the income tax exemption was re
duced from $4 900 to 5000.
The articles added to the free lis
include cattle and other food animals
wheat, Hour, flax, hemp, & re
filming machinery, and school tex
books.
Reductions in the House duties
made on wearing apparel, cattle o
goat skins and fur rats.
The rates will be slightly reduced
from those fixed by the House OF
fancy grades of cotton cloth.
The House rate on cotton stocking.
and half hose was reduced.
Some of the more ;mportan
changes agreed to by the conference
covered the schedule of agriculture
products and provisions, in addition
to putting cattle and sheep on TIL,
free list.
The conference agreed to reduc
lions on oats, butter, beets, extracts
meat, c%urrants, chocolate, and othe
provisions and vegetables.
Five per cent rebate IN the tariff
by the House bill on goods brough
in American ships was retained il
conference with the added provisiol
that it shall not "be SO constructe'
as to abrogate or in II manner i'm
pair or affect the provisions of an
treaty" the United States now has
The conference agreement repeat
section eight of the. Cuban rcciDrocit
treaty, which provided that Cub
shall have a preferential rate of 2
! per cent on sugar and that the ger
eral sugar tariff of the United State
will not be reduced below the figure
of the Dingley tariff law in 1897.
The new provision of the ineom
5 tax allowing $4,000 exemption fc
married persons. provided that "oDl
one deduction of $4,000 shall b
made from the aggregate income c
both husband and wife when Twin
together"
pleted report was submitted to TIL
full committee by Chairman Sin
mons. After a brief discussion
was approved by the eight democrat'
while the six republicans who ha
taken no part in the conference de
/. alterations, refused to sign it.
> May Drop Cotton Tax.
No definite agreement YES reache
today by the democratic conferenc
committee regarding the d~ispositio
of the cotton futures questions.
! is expected a second conference o
the amendment Will drop it from til
, bill.
Underwood presented the confer
l ence report as soon as the House me
| The report didn't appear iii the Ser
t ate today. as Kern had obtaine
1 unanimous consent for today's &C
[ journment of the Senate until We
, nesday.