Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1913-09-19

G1NATo1 1oBERT Il Ia ToLLEITL
free raw wool, It revised other rates
still further downward. The average
ad valorem rate in the amended bill
was approximately 26 per cent, q de-
crease Of % per cent from existing
rates and considerably lower than the
rates Of the house bill
The senate's additions to the house
free list, using 1912 az basis, would
cost the government more than $4a.-
COO 600, but BY adding tax of one
tenth Of per cent q pound on cotton
sold for future delivery, 4 tax Of one
tenth of cent q pound on bananas,
restoring the requirement Of the full
internal revenue tax Of $1.1O gallon
on brandies used to fortify wines and
BY Increasing the sur tax rates on large
incomes It Is commended an actual in
crease II provided for This is point
disputed by Majority Leader Under
wood Of the house, however.
Tho senate made these important
changes:
Lowered the normal exemption from
the per cent income tax from $4,000
to $1,000 for single persons. with ex-
emptions for wives and dependent chill
dfen; exempted the incomes OF mutual
life insurance companies which revert
to the benefit Of stockholders; increas-
ed the graduated surtax on large in
comes to q maximum Of 6 per cent on
those more than $1,000 exempted
incomes Of municipalities derived from
operation Of public utilities and chang
ed the date from which the tax shall
be computed for the first year from
Jan. to March !, 1918.
Free listed cattle and other live stock,
wheat, hair Of the Angora goat and
some other agricultural products; re-
stored oatmeal and rolled oats to the
dutiable list and provided an elaborate
inspection OF meat imports.
Reduced house rates on wooden man
ufactures, to become effective Jan. I,
1914.
Provided, in the sugar schedule, for
immediate abolshment Of the Dutch
standard test; postpoped operation Of
proposed reduced rates until March l.,
1914. leaving the provisions unchanged
ZOE Ix80 vulgar III may xo4V
Cotton Schedule Reclassifed.
Slightly increased rates on Amer cot
ton goods, reciassify1ng the whole cot
ton schedule and changing the silk
schedule from an ad valore.1 to spe-
cldc basis.
Provided for an administrative force
10 handle income tax collections with
ont regard to requirements Of the civil
service.
Struck out ceuntervailing duty on
wood pulp.
Greatly reduced rates Of the metal
schedule.
Struck out many reform provisions In
the administrative section: rejected the
anti d1mp4nS ela6Se. the 8 per cent taf-
~ reelection on imports in American
vessels and Tie requirement for inspec-
ton Of books Of foreign manufacturer
in undsfvalua1sn cases, but added .
provision giving the president author
ity to retaliate against nations which
discriminate against American goods
BY pFoclafninG, Increased rates On GER
tain goods; adopeeA,a provision exc1ud-
in9 goods mansfaeeurea chiefly By
child labor and provided for the ere
alton Of . commission to revise the
customs laws.
Important additions to the free list
included:
Wool blankets valued at less than
40 cents q pound: textbooks, sugar ma
chinery, cast iron pipes, surgical cat
gut, cement, creosots oil, denatured a
eohol, hax and hemp, furs and fuf
skins, gunpowder, pig iron, photo
graphite moving picture films, cattle
and other live stock, wheat, sawed ce-
Oar, Ansora goats md alpaca wool and
paper Irvine for binding wool.