The Forest Republican. [volume] (Tionesta, Pa.) 1869-1952, 1913-04-09
Purpose Of Democratic Tariff
Revision Bill
MEASURE BEFORE CONGRESS
Necessaries Of Life Put on Free List
While Luxuries Are Taxed-lncome
Tax Will Furnish Big Revenue.
TARIFF BILL FEATURES.

ffee raw WCOl.
Sugar rates cut 20 per cent;
sugar to be free in three years. >
Market basket" items on the
free list meat, bread, -four, po-
tatoes, milk, salt and fish.
Reduced rates on butter, eggs
and other necessities. ="
Lumber, iron ore, wood pulp,
print paper, bituminous coal and .
leather to be free.
Radical cuts in manufactured,
woolens, including blankets,
fiannels, ready made clothing =
and women's and children's
dresses.
Heavy cuts in steel products
and pig iron
Some Chemicals and drugs
shifted from free to dutiable list. =
Taxes cn luxuries stand ex-
cent for some instances where
they are raised beyond the
% Payne-Aldrich law figures.
.
The Sfxty-third congress was called
into extraordinary session on Monday
for the purpose of revising the tariff.
The Democratic tariff measure is de-
signed TO make good the partys
promise to reduce the cost OF living
by removing or sharply reducing the
duties on the necessaries of life and
products controlled by the trusts.
Urged on by President Wilson they
have added to the free list many of
the products that enter into the
ordinary market basket and s!ashed
the duties on articles that contribute
to the warmth and comfort OF the
workingman and the average Amerl-
can.
The users OF luxuries have been
called upon to assume a burden fully
as large as that laid on them by the
present law and in addition the man
of wealth must contribute more liber-
ally than ever to help remove the
burden of taxation on those less able
to bear it.
About $l20.000O00 of the revenue
needed by the government is made up
by the imposition of an income tax.
All persons having net incomes over
1000 and also all firms and corpora
tions and partnerships with an equal
income will be called on to help maze
up the loss. The incomes OF the latter
will be subject to a fiat tax of ! per
cent, but individuals will be Obliged
to submit TO tax of a graduated
character.
Generally considered President VIII
sons tariff bill is radical downward
cut where it concerns the necessarieS
Of life and products that are con
trolled by alleged monopolies. In re-
gard to other features of the bill,
notably the chemical schedule, the
rates are in many instances higher
than those in the Payne-Aldrich law.
The tariff bill does away with the
maximum and minimum clause of the
present law and substitutes for this
system of retaliation a provision for
reciprocity treaties 1t puts the re-
lations between the United States and
the Philippines on free trade basis
and provides for the repeal of the
corporation tax law substituting there
for the income tax.
The most impressive cuts in the new
bill relate to foodstuffs and clothing
and the raw material which is used
in building purposes. The bill contains
a free list in which is found these
items: All dressed and prepared
meats, -four, bread, milk and cream,
The most impressive single cut in
the bill is that by which raw wool
goes on the free list. 1t is now taxed
a duty of about 80 per cent ad valorem.
The bill also provides for ultimate free
sugar. 1t proposes an immediate re-
duction of 25 per cent and the removal
of the remaining duty in three years.
There have been important reduc-
tions in farm products. Butter has
been cut from to cents a pound,
eggs from ) to 3 cents a dozen, cattle
from a duty of q per cent to 10 per
cent ad valorem, sheep from 16 to 10
per cent, hay from as to 26 per cent,
fruit from q 20 10 per cent, lemons
and citrus fruits from 6S to "a per
cent and poultry from IS to per cent.