Santa Fe new Mexican. [volume] (Santa Fe, N.M.) 1898-1951, 1913-04-04
ONE CENT DUTY
ON SUGAR BUT
that IS ALL
PRESIDENT SAYS ne REALIZES THAT
ne MIGHT HAVE TO COMPROMISE
WITH SOUTHERN SENATORS But
ONLY FOR THREE YEARS.

With President Wilson and congress
sonaI leaders practically agreed upon
free wool and very low sugar, even
tuaIIy to become free, the Ways and
Means committee today began draw
ing a report on the new tariff bill, es-
t,matinq the loss Of revenue from the
new rates at $so,ooo,ooo year. The
revenue from the income tax was es-
timated at a like amount. to be de.
rived in this way.
1 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; flat tax
on corporations two per cent, The ex-
emption will be on all incomes under
81 ,o0o The income tax provision now
stands this way and is not expected
to be changed.
Among the numerous additions to
the free list will be steel rails. Cuts
will be made all along the line on the
metal schedule.
After the senate finance committee
reviewed the bill today, sub-commit-
tee went into conference with Chair
man Underwood of the Ways and
Means committee. There is now be.
Iieved to be a general agreement.
When the conference was ended it
was announced that complete
agreement was hoped for, though
there might be some delay on the bill,
The senate finance committee will
meet again prior to a further confer
ence.
. Washington, d. c., April A.-Presi'
dent Wilson would like to see free
sugar but recognizes that a conces-
sion may be necessary, to southern
planters, and would consent to a duty
of practically one cent net, a pound,
provided all duty be removed within
three years. This would mean for the
present duty Of 1.20 to all countries,
except Cuba.
If the. president can arrive at an
agreement with the Louisiana sen.
ators on the sugar schedule there
will be enough votes, it is generally
assumed, to pass a tariff bill with free
WOOL On all other schedules. there
is substantial agreement between
the president and congress.
The president has been told that
either free wool or free sugar might
pass. but both could not. This was the
status today of the informal tariff con-
ferences between the president and
members Of congress.
The president has been canvassing
the senate and has a general idea OF
the extent to which free sugar or
free wool bill will be opposed. He
expected to hear more definitely Of
the attitude of the senate after the
senate finance committee met today
to hear from reports of Senators
Smith, Simmons, Stone and Kemp, all
ct whom conferred with the president
last night. The Ways and Means
committee also resumed its delibera.
tons. Chairman Underwood expected
to have much to guide his committee
when he received the report of the
Democratic senators and the revenue
committees of both houses and check
ed up on just where they stood Sen
ator Simmons and Chairman Under
wood both expressed the hope that
the tariff bill might be introduced bv
nd pT1oit
he passed in both houses without ma
te rial change.
Such bill as agreed upon, must
have the approval of the president and
assurances of support from Democrat
IL senators who oppose free sugar
Though there is opposition to free
v ool, particularly among western SEN
ators, it seemed practically assured
that the Ways and Means Committee
would leave wool on the free list as
agreed to yesterday
Colonel Solomon Wexler, banker
of New Orleans. told the president to.
day that the sugar planters of Louisi.
ana could not adjust their business in
three years to compete with Cuba and
the rest of the world, and that the
president must have been misnform-
ed if he believed it could be done.
Colonel WeXler went away from the
White House with the distinct impress
sion, he said, that unless the Louisi-
ana people accepted the compromise
the president would urge free sugar
in any event.
COLORADO WANTS NO
CUT IN THE TARIFF.
Denver, Colo, April 4.-The direc
tors of the Denver chamber of COM
merce today unanimously adopted
resolution urging the Colorado delega-
ton in congress to "use every honor
able means to prevent any material
change in existing tariff duties OIL
sugar The preamble recites that
material cut in the sugar tariff will
injure the beet sugar industry and
will be harmful to all lines of business
in the state.
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