South Bend news-times. (South Bend, Ind.) 1913-1938, 1913-07-12
FIVE WEEKS OF
DEBATE ON THE
TARIFF MEASURE
Opening Assault on Democratic
Bill Will be Made Monday by
Sen. MCCumber of North
Dakota.

WASHINGTON, July 12.-Discus-
hon OF the Underwood Simmons tar
IN revision bill with its lengthy free
list, greatly reduced rates on all COM
modities, and its new system Of ad
vaIorem instead OF specific rates. will
actually begin in the senate next Wed
nesday at noon. on Monday however.
the opening assault upon the demo-
cratic measure will BE made by Sen.
McCumber OF North Dakota. who will
speak on the agricultural schedule.
The finance committee agreed that
he should be given the floor ahead OF
the formal opening because he IS
obliged TO leave Washington Monday
night.
Chairman Simmons. speaking for
the democrats at the finance commit
tee meeting Friday, said he thought
debate on the bill could be concluded
In FIVE weeks and Sen. Smoot of the
minority agreed with him, declaring
that the republicans had no intention
Of purposely prolonging the discus
sion.
Order Bill Reported.
After the committee, early in the
day had ordered the bill reported
Wednesday. minority members began
20 plan their reports. There prob
ably viii be two by Senators PenrOse,
smoot. Lodge, McCumber, Gallinger
and Clark and a separate report by
Sen. LaFOllette, who has had a corps
Of experts at work on the bill and
who will have amendments that will
constitute practically a new measure.
Sen. SmOOt has in preparation a
new wool schedule which he intends
20 submit as ar amendment Wednes-
day Sen. Simmons Will file the ma
Jority report and make the opening
administration. During consideration
OF the measure, Sen. Simmons will
have general charge of the debate for
the democrats, and Sen. Penrose for
the republicans. Sen. Simmons, how
ever. Will parcel out the bill TO the
various members of the finance COM
mittee majority, following the plan
adopted by Mr. Underwood in the
house.
New Changes Made.
AS reported to the senate the bill
contained comparatively few changes
from that which was reported three
weeks ago TO the democratic caucus
by the finance committee majority.
Among these were a few changes in
rates and the free listing of anthony
ore, blankets costing less than 40 cents
a pound, cast iron pipes of every de-
scription, raw fuTs gunpOwder and a
long list of articles free listed by the
committee previously and the already
long list in the house bill.
one amendment not heretofore an
nounced makes zinc bearing ore Of all
kinds dutiable at II IL per cent, an
increase from 10 per cent over the
house bill. The amendment provides
that on all impOrtations Of zinc bear
ing ores. the duties shall be estimated
at the port of entry. and a bond given
in double the amount of the estimated
duty for Transporting the ores to
sampling or sT1elting establishments
where they shall be assayed by agents
of the government and import duties
lquidated by customs officers.
Affects Income Tax.
Another amendment made neces-
sary because of changing the date
from Jan /, 1913. to Mar I. 1913,
from which incomes shall be com
puted for the income tax for the first
year provides that the excise cor
pOration TAX of one per cent shall be
collected for the months of January
and February. 1913. The income tax
could not be assessed for these months
because such tax did not become con-
stitutional until Feb. %, 1913.
The cotton futures stamp tax of
one-tenth of cent per pound is in
serted IN the bill as a special section
and upon this tax it is expected the
government will derive some revenue.
as its most sanguine supporters do
not expect that the tax will entirely
eliminate stock gambling in cotton
futures.