The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1913-10-17

Washington, Oct. 4.-Surroundeo Dy
representatives, senators and men,
bers of his cabinet, President Wilson
signed the administration tariff Dill at
ten minutes after nine o'clock. IL
became effective as a law at midnight
Wilson Comments on Bill.
The president referred to he meas
ure as the first step In the emancipa-
ton Of the country from monopoly.
The second and final step, he said.
would conn with the enactment or
the currency bill. Immediately after
the presidents signature to the tariff
It became a record of the state de-
partment. Mr.. Ben Davis, chief clerk
of the department, received 1t from
Secretary Tumulty and filed 1t In the
archives.
The new law became operative with
the exception of schedules on WOOL
and sugar.
The house agreed to the conference
report. the ina action Of that body on
the tariff bill. Speaker Clark overruled
all points Of order made by members
who c~ontended that action by the
house was not necessary.
Clark and Marshall Sign.
Speaker Clark signed the bill. aflx
ing his signature at LIS.
Vice-President Marshall signed the
bill at 1874.
On the heels of the failure OF con
gress to l~egislate in the tariff bill tt
prevent gambling in cotton futures
Representative Harrison of Mississip
pi introduced a resolution providing
for an international campaign agains
such speculation.
NotabIes Witness Signing.
The resolution would request tn
president to negotiate with Great Brl
tain and other nations with a view Il
formulating a plan to prevent cottol
speculation.
Invited by the president to witnes
the signing of the measure were Chair
man Underwood and members of tn
house ways and means COMMITTEES
Chairman Simmons and members c
> the senate finance committee, Vice
| President Marshall, President (pr
tenn Clark and Majority Leader ker
of the senate, Speaker Clark. member
of the cabinet and newspaper corr
) spondents.
The president signed the bill wit
two pens. The pen with which q
wrote the name Woodrow" was give
to Representative Underwood and th
c other. with which he completed b
/ signature, was presented to Senate
d Simmons.
Currency legislation took posse
sion of the congressional stage. tn
q tariff bill having been disposed Of.
Z Officials of the treasury departmeI
a are at sea to know what congress a
II tually meant by the provision OF IL
new tariff law allowing a five per cen
reduction of duties on goods importe
4 in American ships, with the conditiC
o. that the differential should not be co
9 strued to abrogate or impair any e
q listing treaty between the Unit
States and a foreign nation.
Literally interpreted. it is declare
T. the provision would give a five p
cent. decrease to goods In Amerlci
- bottoms and automatically grant t
- same privilege to the same ships
the many nations whose treaties wi
the United States guarantee no d
!. elimination between their vessels a.
those of America.
L. May Create Deficit.
IS This construction, which would
p a horizontal reduction of five per cel
in the tariff for importation from mC
of the great countries of the world,
a wolves probably $4,000, 900 in reven
q. for the government, creating a def
instead of a surplus in treasury as b
UT been estimated by the tariff frame
st The question undoubtedly Will be
ferred 10 President Wilson and Att
nev General McReynOldS and ultima