The Madison daily leader. [volume] (Madison, S.D.) 1890-current, 1913-09-30
CONFEREES SIGN
TARIFF REPORT
Agreement Submitted for
Final Approval.
MANY CHANGES In BILL

Although Senate Members Receded
From Numerous Amendments Made
by Upper House Other Important
Alterations Are Retained.
Washington, Sept 30.-The confer.
ence report on the Underwood Sim.
mons tariff bill, representing the final
adjustment of disputes between the
senate and house over the formers
amendments, was made public when
the Democratic managers submitted it
for the first time to their Republican
colleagues on the conference commit.
tee.
In the form in which the tariff bill
ultimately will go to President vii.
son for his signature it carries many
changes from the original Underwood
bill passed by the house last May.
While the senate gave way on many
of its amendments in the two weeks
fight in the conference committee
many important changes were re
tained and the general average OF
rates OF the house bill was reduced
about per cent ad valorem.
Some important Alterations.
In summary OF agreements that
have been informally announced from
day 20 day during conference work
the report shows the following i'm.
portant alterations of the original Un
derwood house bill:
The tax rate on incomes above S75,.
600 was increased by a graduated
scale from 3 per cent to per cent
and the income tax exemption reduced
from $4,000 to $4,000.
Articles added to the free list in
clude pig iron, ferro-manganese ore.
cheap grades of iron, cattle and other
food animals, wheat, flour, fax, hemp,
sugar refining machinery, school text
books, sand blast machinery. indigoI
dyes, Photographic moving picture
films, cement, asphalt and many 9th
er articles.
A new classification for wooden
stockings, gloves and mittens, makes
reduction from the house rate on
those valued at less than 81 20 a doz-
en- and an increase on those above.
Rate on Silk Ribbon Higher.
The house rate on silk ribbons and
narrow fabrics was increased from 40
to As per cent, while the house rates
on common paper box boards and pa
pers used for Photographic prints
were reduced.
Reductions in the house duties was
made on wearing apparel made of
cattle or goat skins, fur hats, rough
forms of dog and goatskins, camels'
hair, press cloth for use In cotton oil
rates will be slightly reduced from
those fixed by the house on fancy
grades of cotton cloth. The house
rate on cotton stockings and half hose
was also reduced.
Most OF the senate changes reduc-
ing the rates on iron and steel prod
ucts were approved by the confer
ence committee, making the rates con-
siderably lower on the average than
those of the original house bill.
The per cent rebate in tariff
made by the house bill on goods
brought in American ships was re-
tained.
Repeats Section Affecting Cuba.
The conference agreement repeals
section of the Cuban reciprocity
treaty, which provided that Cuba
should have a preferential rate of %
per cent on sugar, and that the gen.
eral sugar tariff OF the United States
should not be reduced below the fig
ures of the Dingley tariff law of 1897.
The section of the house bill which
would have thrown outside the civil
service the entire force OF income tax
administrators for period of two
years was changed by the conference
committee. In its new form employees
of the internal revenue Office In Wash.
ington below the grade OF chief OF
division" concerned with the income
tax must still be selected under civil
service rules.
The new provision OF the income tax
allowing $4,000 exemption for mar
ried person provides that only one
deduction of $4,000 shall be made from
the aggregate income of both husband
and wife, when living together"
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