The Oskaloosa herald., 1913-04-24
PAYNE MOVES FOR
A TARIFF BOARD
Introduces Bill in House to Gre
ate a Commission.
CONSISTS or FIVE MEMBERS
Measure Avoids Chief Objections Made
by Democrats to Last Body Which
Died From Lack of
.t..- Funds.

Washington, April REPRESENTING
the necessity for special tariff experts
to assist the president in negotiating
reciprocal trade agreements with for
eign countries, Representative Payne
of New York introduced bill to
create a tariff commission.
Avoiding the chief objections made
by the Democrats to the last tariff
board. Mr.. Payne provides in his bill
that the commission shall make an
nual reports to congress as well as to
the president and shall make special
Investigations and reports on tariff
subjects at the direction of either the
house or the senate.
Reports Direct to President.
The Republican tariff board, which
the Democrats permitted to die for
lack of funds, reported direct to the
president and was not under the con-
troll of either the senate or the house.
1t made exhaustive reports on the
wool and cotton schedules.
The broadcast kind of reciprocal
derwood bill, such agreements being
subject only to the ability of the pres,
ident who negotiates them to get them
ratified by the house and the senate
The president has announced that as
soon as possible after the passage OF
the bill he will enter into negotiations
with foreign countries to secure the
most advantageous trade relations and
tariffs for this country.
Consists Of Five Members.
The Payne commission is to consist
of five members, not more than thres
of any one political party. to be ap
pointed by the president and con
firmed by the senate. To make it a
continuing body, the terms of the
first members shall be two, three
four. five apd six years and thereafter
all terms shall be for six years. The
salary of the chairman will be $500
and the other commissioners $1,000 a
year. Congress Ia to make adequate
appropriation for secretary, the nee
essary clerical force, and for the pur
pose of the tariff Investigations.
Chairman Underwood Of the ways
and means committee introduced In
the house the Democratic tariff DILL az
amended by the Democratic caucus
He hopes to bring the bill up In the
house tomorrow and to reach an agree
ment with the Republican leaders fol-
it's immediate consideration and de
bate.
Caucus Makes Few Changes.
Most of the changes in the bill made
during the caucus consisted of change
in verbiage and did not affect material
ly the general character of, or the du
ties carried by the bill as prepared by
the Democratic members of the com
Dittee. The most important change,
made to the dutiahle list were:
Shoe machinery, buckwheat and rye
phos phoric acid and rabbit fur carried
to the free list.
Onyx cut from IS cents to 80 cents
a cubic foot.
Vanilla beans reduced from so cents
to 80 cents per pound.
Important changes made in the In
come tax section of the bill were:
Exemption from the tax OF the In
comes of mutual savings banks.
Exemption OF life insurance reserve
funds and of the proceeds of policies
paid on death.
Underwood presented a lengthy re
port from the Democrats explaining
in detail the features of the bill. Com
PARSONS are made with all the pro
visions of the Psyne-Aldrich tariff law