Tulsa daily world. [volume] (Tulsa, Indian Territory [Okla.]) 1905-1919, 1913-09-10
PEOPLE 'SVICTORY
SAYS PRESIDENT
WILSON Much PLEASED ONEl
PASSAGE or TARIFF IN
THE SENATE.
READY FOR CURRENCY BILL
Hopes That Money Reform Bin VIII
BE Passed With Equal Energy
by the Present Congress,

l
Wilson tonight issued the following
statement:
"a fight for the people and for
free business which has lasted long
| generation through has at last been
won handsomely and completely
| a leadership and steadfastncss IN
counsel has been shown In Doth
houses, of which the democratic party
has reason to be very proud. There
has been no weakness or confusion or
drawing back, but statesmanlike di-
rectness and command Of circum-
stances / am happy to have been
connected with the government OF
| the nation at time when such things
could happen and to have worked
with II.
There is every reason to believe
| that currency reform will be carried
| through with equal energy, directness
and loyalty to the general Interest
! When that is done, this first session
Of the siXty-third congress Will have
passed into history with an uHriNaled
! distinction.
Thanked Leaders.
'I want to express my special ad-
miration for the devoted, intelligent
and uutiring work Of MI Underwood
and Mr. simmons and the commit
tees associated with them
When the president was asked to
comment upon the votes of Senator
! LaFollette and Senator Poindexter he
| expressed very warm admiration for
| their conscientious independence
and courage"
The president, while always conf
dent that the democratic majority
] 4 l. Int g.. In "a
| passage of the bin by a safe margin,
had been hoping for the votes Of
progressive republicans. He told
some of his friends tonight that aid
of this kind outside Of the party
ranks was one of the concrete eyi-
dences that the democratic party Is
progressing.
Personally the president felt happy
| over the result He had returned
from the golf links when Secretary
Tumulty, who had been an eager au-
ditor in the senate gallery, drove rap
idly to the white house and told the
president Of the vote.
Great" was the presidents first
remark, as he went to his study and
telcphoned Chairman Simmons his
hearty congratulations.
The president hopes to share the
vacation which members Of TIE sen
ate are about to take by going to Cor
nish, n, H., for a few days. Unless
the Mexican situation develops an un-
expected turn he will leave here
| Thursday.
Decrease 2s Per Cent.
The tariff bill, as 1t passed the sen
ate today, retained the principal
house provisions. including free sugar
ana free raw wool but revised other
rates still further downward. The
average ad valorem rate in the bill
now is approximately 26 per cent a
decrease of 2S per cent from existing
rates and nearly 4 per cent lower than
the rates in the house bill.
The scnate's additions 20 the house
free list with 1912 as a basis will cost
the government more than $4,000,
600, but by adding a tax of 10 Of /
cent a pound on cotton for future
delivery, a tax on bananas Of l-l0 of
! cent pound, restoring the require
ment Of a fun internal revenue tax
Of S1.1O gallon on brandies used to
fOrtify wines. and by increasing the
tax rates on large incomes, senate
leaders believe they hay, provided an
actual increase. That is a point dis
ruted by Majority Leader Underwood
Of the house. The senate made these
other important changes:
Lowered the normal exemption
from The ! per cent income tax from
$4,000 90 $4,000 for single persons,
with exemptions for wives and de-
pendent children; exempted the in
comes of mutual insurance compa-
MES. which revert 60 the benefit Of
stockholders; increased graduated sur
tax ON large incomes 10 maximum
OF per cent OF those more than
$500. 600. exempted incomes Of mu-
inequalities derived from operation Of
public utilities, and changed the date
from when the tax shall be computed
or the first year from January ! to
March ]. 1913.
Free listed cattle and other live
stock, wheat, hair Of the angora goat
and some other agricultural products;
restored oatmeal and rolled oats TO
the dutiable list and provided an elab-
crate inspection Of meat imports.
Reduced house rates on woolen
manufactures. to become effective
January 1914.
Provided in the sugar schedule for
immediate abolishment OF The duties
standard test. postponed operation Of
proposed reduced rates until March
/. 1914. leaving the provision un-
F
slightly increased rates on finer
cotton goods. reclassifying the whole
cotton schedule and changing silk
schedule from ad valorem to a spe-
oific basis.
Provided for an administrative
force to handle income tax collec-
tions without regard 10 requirements
Of the civil service.
Struck out cOunteryiiling duty on
wood pulp.
Greatly reduced rates of the metal
schedule.
Struck out many reform provisions
/ in the administrative section. reject
I'd the anti-dumping clause, the per
cent tariff reduction on imports In
American vessels and the require
ments for inspection Of the books Of
| foreign manufacturers in undervalu-
| elton cases. but added n provision
giving the president authority 20 re-
/ taiiate against nations which dis
eliminate against American goods ty
| proclaiming increased rates on certain
| atf 4 ftsr q