Ottumwa tri-weekly courier. [volume] (Ottumwa, Iowa) 1903-1916, 1913-04-05
Willing to Have One Cent
Net per Pound if Duty is
Removed Entirely Within
Three Years.
LOUISIANA HAS
SOME OBJECTIONS
Southern State Opposes
Having All Duty Remov-
ed From Sugar; Expects
to Pass Bill.

Washington, D. c., April 4.-Wlth
President Wilson and congressional
leaders practically agreed upon free
wool and very low duty on sugar.
eventually to become free, the ways
and means committee today began
drawing report on the new tarin DILL
estimating the loss of revenue from the
new rates at sso,OOo,ooO year. The
revenue from the income tax Will be
estimated at like amount to be derived
in this way:
Incomes Of $4,000 to $4,000, one per
cent; $4,000 to $4,000, two per cent: !:
$4,000 to 100000, three per cent, all
over 100000, four per cent; a tax on
corporations, two per cent. The ex-
emption will be on all incomes under
$4,000. The income tax provision now
stands this way and is not expected to
be changed.
Wilson would like to see free
sugar, but recognizes that concession
may be necessary to southern planters
and would consent to duty OF prac-
tically one cent net pound provided
all duty ,e removed within three years.
This would mean for the present q
duty Of $1.2O to all countries, except
Cuba.
II the president can arrive at an
agreement with the Louisiana senators
on the sugar schedule, there Will be
enough votes, it is generally assumed,
to pass tariff bill with free WOOL, On
all other schedules, there Is substan-
tial agreement between the president
and congress.
The president has been told that
either free wool or free sugar might
pass but that both could not. This was
the status today OF the informal tarin
conferences between the president ana
members Of congress. The president
canvassed the situation today frst,
with Representative Broussard, sena-
tor-elect from Louisiana. Mr.. Brous-
sard told the president that although
his constituents could stand a tarin
cut, they believed the sugar industry
Of Louisiana would be destroyed by
complete removal of the duty The
president declared he had no desire to
destroy any business, but he hoped
that within three years such a read
1ustment of the sugar business In
louisiana could be affected that the
people of the United States could
have free sugar and the Louisiana
planters could take part in the indus
try This, Mr.. Broussard said was q
practical question which he would
have to discuss further with the busl-
ness men Of his state.
Awaits on Senators.
The president has been canvassing
the senate and has a general idea OF
the extent to which free sugar or
free wool bill would be opposed. He
expects to hear more definitely of the
attitude of the senate after the senate
finance committee met today to hear
reports from Senators Simmons, Hoke
Smith, Stone and Kern, all of whom
conferred with the president last night.
The ways and means committee also
resumed it's deliberations. Chairman
Underwood expected to have much to
guide his committee when he received
the report of the democratic senator's
and the revenue committees of both
houses and checked up on just where
they stood
Wool Left on Free List.
Senators Simmons and Chairman
Underwood both expressed the hope
that a tariff bill might be introduced
by the ways and means committee and
be passed in both houses without ma
terial change. Such bill, all are
agreed must have the approval of the
president and assurances of support
from democratic senators Who oppose
free sugar. Though there still is op-
position to free wool, particularly
among western senators, it seemed
practically assured that the ways and
means committee would leave wool on
the free list as agreed to yesterday.
Will Urge Free Sugar.
Col. Sol. Wexler, banker of New
Orleans, told the president today that
sugar planters of Louisiana could not
adjust their business in three years
TO compete with Cuba and the rest
of the world in growing sugar and
said the president must have been
misinformed If he believed it could
be done. Col. Wexler went away from
the white house with the distinct i'm
pression, he said, that unless the
Louisiana people accepted the COM
promise, the president would urge
free sugar In any event