Honolulu star-bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1912-2010, 1913-09-17
REDUCTIONS in
TARIFF BILL AS
PASSED SENATE

The senafe's additions to the house
free list with 1912 as basis viii
cost the government more than $44,-
600 900. but, by adding tax of 1-10th
of cent pound on cotton sold for
future delivery, tax of 1-10th of /
cent pound on bananas; restoring
cent q pound On bananas; sertoring the
requirement of full internal revenue
tax of S1.10 gallon on brandies used
tc fortify wines, and by increasing
the snrtax rate on large incomes,
senate leaders believe they have pro-
yided an actual increase. That is
point disputed BY Majority Leader
Underwood of the house.
The senate made these other i'm
Eortant changes:
Lowered the normal exemption from
the. / per cent income tax from. $4,000
to $4,000 for single persons. with ex-
emptiohs for wives and dependent
children
Exempted the incomes OF mutual
life Insurance companies, which re.
vent to the benefit of the stockhold.
.ers.
4uCICd-cU Tic 81 duuuICu ouftd vi
large incomes to- a. minimum of s per
cent on those of more than $500, 600.
Exempted incomes OF municipalities
derived from operation of public utiI
tiles, and changed the date from
which the tax shall be computed for
the first year from January | to
March I, 1913.
Free listed cattle and other live
stock, wheat, hair Of Angera goat and
some other agricultural products.
Restored oatmeal and rolled oats
to the dutiable list, and provided an
elaborate inspection of meat imports.
Reduced house rates on wooden
manufactures to become effective
january 1. 1914
Provided, in the sugar. schedule, for
Immediate adjustment of the Dutch
standard test; postponed operation of
proposed reduced rates until March /,
1914. leaving the provision unchanged
for free sugar in May, 1916.
Slightly increased rates on finer
cotton goods. reelassifying the whole
cotton schedule, and changing the
silk schedule from an ad valorem to
q spectre basis.
Provided for an administrative force
to handle income tax collections with
out regard to requirements of the
civil service.
Struck out a countervailing duty on
wood pulp.
Greatly reduced rates of the metal
schedule.
c+-,,,Ls ,,,t $500 ,.e..v. ,,,.-,,,;e;.,l
in the administrative section.
Rejected the ssper cent tariff re-
dHetion on Imports in American yes
sells and the requirement for iaspec-
ton of books of foreign manufactures
in underval4atlon cases.. but added a.
provision giving the president author
ity to retalihte against nations which
discriminate against American goods
by proclaiming increased rates on GER
tain goods.
Adopted a provision excluding goods
manufactured chiefly by child labor
Provided for the creation of a COM
mission to revise the customs laws.
Important additions to the free list
included:
Antimony ore, limestone rock as
rhalt, asphaltum and bitumen; fab
RIGS of jutes yarns; wool blankets val
ued at less than 40 cents a pound
textbooks, sugar machinery, castiron
pipe, surgical catgut, cement, creo-
sote oil, denatured alcohol, flax and
hemp, fur and fur skins, gunpowder;
pig iron, spiekeleisen, ferro-manga-
nese, wrought iron slabs and blooms.
Photographic moving picture films,
steel ingots. blooms and slabs, cattle
and other live stock, wheat, angora
goat and alpaca wool and paper Irvine
for binding wool.