The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-09-25
TAX ON COT TON
FUTURES ENDS
HARMONY IDEA
Senate and House Conferees
on Tariff Bill Come to FL
nal Disagreement; Take
Troubles to Wilson.

lrOuDlcS 10 wilson.
WASHINGTON, Sept. 24.-The
tariff bill conferces late today came
to a final disagreement over the pro.
posed tax on trades In cotton futures.
II was found impossible 10 agree either
upon the Clarke amendment, adopted
by the senate. or the compromise
known as the Smith-Lever Burleson
plan. After a conference at the White
house, participated in by President
Wilson, Senator Simmons and Repre-
sentative Underwood, and long de-
bate in the conference committee, it
was decided to report disagreement
to both houses Of congress.
The conference report upon the bal
aucc Of the tariff bill will be com
pIetely harmonious when the measure
gets back to the senate and house 1t
will be accompanied by a report that
no agreement could be reached upon
the so.called Clarke amendment, im-
posing a tax of 80 cents per bale on
cotton sold for future delivery, but
not delivered.
- 1T was predicted tonight that
strong movement in behalf Of the com
promise plan that has received general
Endorsement from southern senators
and representatives would be started
as soon as the disa agreement is re.
ported,
Gist Of Compromise.
The compromise would compel all
contracts for future cotton delivery to
specify government grades; and would
compel delivery of the cotton to be at
that grade, or close TO it, the differ
ence TO be settled at the prevailing
commercial prices. This plan. modelled
on the bill Of Senator Smith of South
Carolina and perfected bv Postmaster
General. Burleson, Representative Lee
yer, Senator Hoke Smith and others,
has the strong support of several of
the house conferees.
2 'Ett.The senate conferees could not cou-
slider any modification Of the Clarke
amendment" said Senator Simmons
tonight. tfThe senate had not only
adopted it, but had reaffirmed its sup
port Of the provision when it was re-
ferred back to caucus
AS result Of the conference with
President Wilson the committee also
settled finally today the foreign policy
involved in the tariff bill.
Conference Developments.
The most important developments
we're:
Agreement on the per cent tariff
rebate on goods brought in American
owned ships, with a provision that it
should not affect countries with which
the United States has treaties prohib-
itipg such discrimination.
Defeat of the retaliatory tariff pro.
vision Of the senate that would au-
thorize the president TO assess extra
tariff duties on certain articles from
countries discriminating against the
Defeat Of the anti-child labor provi.
sion that would have excluded foreign
goods made by child labor. The house
provision excluding copvict.made
goods was retained.
1t is understood these decisions met
with the approval Of the president and
were made only after their full effect
upon foreign relations had been con-
sidered. The agreement to drop the
retaliatory section Of the bill will
make it unnecessary to pass any sup
Elementary legislation, continuing ex-
isting trade. relations.
Reciprocity Treaties.
The bill will retain the clause giving
the president authority to negotiate
reciprocity treaties as this section has
been Endorsed by both houses.
From seven to ten countries would
be exempt from the discriminatory eff
feet Of the provisions designed to aid
emf, however, no treaty with Great
Britain that would prevent the giving
Of q per cent rebate on British
goods brought to this country in Amer
lean owned ships, and other important
countries also would be affected
hearing was given to Representa-
tive Palmer by the conferees tonight
upon the "auti- dumping provision Of
the house bill. which the senate struck
out. This would impose an extra duty
on goods dumped on the American
market at cut prices.
The conferees agreed to the amend
ments of the senate removing restric.
tions on the manufacture of deuatured
alcohol so that farmers will be able to
mako this product. The proposed free
listing of denatured alcohol was
dropped The senate provision for A
Joint congressional committee to revise
the methods Of administering the tariff
was stricken out.
The conferees adopted tho senate
amendments covering the smelling of
eeed oees n tbe ennra ane &C.
pine cigars free only when they do not
contain more than 90 per cent of tobac-
co raised outside the Philippines.