The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1913-04-08

6Continued From Page One)
throughout by more than 80 per cent
IN an effort TO reduce the cost of food.
Protection to the steel and imple-
ment manufacturer would in turn be
cut by fully as wide a margin.
Heaviest reductions fall upon food
stuffs. agricultural products, wooden
and cotton clothing.
The free wool proposal, backed by
President Wilson and accepted by the
House committee. is expected to pro-
woke severe fight within the demo-
cratic ranks of both houses. 1t had
not become clear today whether the
democratic opponents OF free wool and
free sugar in the Senate would be able
to force compromise on one or both
those provisions.
The decision to make a gradual re-
duction in the sugar tariff was reached
by the President and the House com
mittee after Louisiana cane growers
declined to accept a compromise that
would have established a l cent per
pound tariff for three years with free
sugar in 1915
The income tax, which will transfer
indirect taxes levied through the tariff
into direct tax upon the incomes of
Individual citizens and corporations.
exempts all sums below $4,000 In
comes in excess of that amount will pay
per cent tax up to $4,000. 2 per cent
from $4,000 to $4,000, per cent from
$4,000 to 100000, and per cent alb owe
that figure.
The present corporation tax, levying 1
per cent on corporation incomes above
5000 would be retained as part of the in
come tar.
To encourage trade with foreign coun-
tries, the bill would reserve the maximum
and minimum provision OF the present
lou he 4oF
pc the maximum tariff, and the President
would be given authority to negotiate
reciprocity treaties and make concessions
10 countries that grant favors to American
exports.
in a statement accompanying the bill
Chairman Underwood said the measure
would, In the opinion of its makers, re-
wise the tariff ito basis of legitimate
competition, such as will afford a whole
some influence on our commerce, bring
relief to the people Ia the matter of the
high cost of living and at the same time
work on detriment to properly conducted
manufacturing industries"
.-In its its tariff revision work the COM
mittee has kept in mind" he said, the
distinction between the necessities and
the luxuries of life, reducing the tariff
burdens on the necessities to the lowest
points commensurate with revenue re-
ouirements and making the luxuries OF
life bear their proper portion of the tariff
responsibilities.
MANY items of manufacture controlled
by monopolies have been placed on the
free list"
Underwood's Statement
Chairman Underwood's statement, Civ
ing the changes in details, continues as
follows:
In the chemical schedule the rates on
radr
tons. For instance, boraoic acid Is cut
from 7S.7o per cent to n As per cent; glue
from IS O6 per cent to 1923 per cent. and
red lead from 60.35 per cent to 20 per
cent. Moderate reductions have been
made on medical remedies. which are cut
from % per cent to Is per cent; backing
from Is per cent TO Is per cent; drugs
from 1855 per cent to 10 per cent, ana
olive oil from 1913 per cent to N.O5 per
cent. The schedule contains number OF
articles on which either no reduction has
been made or an advance provided for.
Rates on all brick have been cut on
the average from SC. % per cent to 10. % per
cent tile from 47.S4 per cent to 1885 per
cent; asphalt from 39.05 per cent to 9.6z
ger cent. Ordinary earthenVare, Wnlcn
was already relatively low, being subject
TO an average duty of 24.67 per cent, mas
been cut to is per cent, while window
glass has been given an average reduc-
ton on all glasses of from 46.3S per cent
to Is 81 per cent. Plate glass, which may
be considered luxury, still remains u
duty of nearly 40 per cent, the average
being 80 As per cent in place of the duty
of c.. 80 per cent in the law.
Pig iron and slabs, which were 1888
per cent and II. 10 per cent have been cut
to per cent in each case; beams from
gs 20 per cent to t2 per cent and forglngs
from 30 per cent to 10 per cent. On the
her hand bicycles, much more nigh
lv manufactured product, are dutiable at
3 per cent as against 45 per cent, and
razors at IS per cent as against TICS per
cent.
"The idea of the large extension OF the
free list for the unmanufactured prouucts
has been the fundamental conception,
willie the effort has been made to improve
he status of the manufactured lumber,
Inns sawed boards, other than cabinet
woods, which We're 1915 per cent In 1917,
are now 10 per cent: casks, barrels, etc.
which were 80 per cent, are now l4.T7 per
cent. and house furniture, which was 90
per cent, is now 10 per cent
sTobacco and spirits have been found 10
he GOOD producers of revenue, and have,
therefore, been left at the same rates as
in the present law.
~, 4he effort TO relieve the consumer
ana 10 mitigate the high and rising cost
ofliving, schedule G, which deals with ag-
r,euItllrai products, has been thoroughly
revised and important reductions have
been raade. For instance, the duty on
horses has beer reduced from % per cent
20 10 per cent. cattle from $50 per cent
to 10 per cent; sheep from l6'H per cent
~ 10 per cent; barley from 1906 per cent
- % on per cent; macaToni from 3i.25 per
cent 10 2g.s1 per cent; hay from 43 "a per
o.,s m 26 81 per cent; fruits from u Il