Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1913-04-23
Finance Committee by Strict
Party Vote Decides Such
Procedure Would Only Pro-
long Extra Session.
NEW MEASURE READY
FOR DEBATE IN HOUSE
Leader Underwood Hopes to
Secure Early Adoption by
Keeping Lower Body Work
inc Twelve Hours Each Day.

inc Twelve Hours Each Day,
tBy Morning journal special Leased wircA
Washington, April 22.-By strict
party vote the senate finance commit
Ice decided finally today that no pub
lie hearings would be given upon the
tariff bin when 1t reaches the senate,
Interested persons win hc given a fun
opportunity. however 10 file briefs or
statements with the committee bear
ina on any of the tariff schedules.
The decision Is expected material
lv to shorten the time consumed IN
getting the tariff bin before the sem
ate. Tariff debate will open In the
house at II o'clock tomorrow and ln
the hope that general debate can be
limited to five days. Democratic Lead
er Underwood will attempt TO hold
the house to twelve hours Of continu-
Gus work daily Another week Of con
sidcration under the rule pcrmittins
amendments. will send the bin to the
senate soon after MAY 5th, 1t is be-
lievcd
The tariff bin came back to the
house today from the ways and means
committee with vigorous support
ing report from the democrats on the
committee. and an opposing report
from the republican members.
The general debate that begins To.
morrow will be- followed by concert
ed efforts on the part of the republi-
cans IN the house 60 amend the hil
IA all It's important sehcdules.
While the senatc finance committee
has decided that further hearings arr
unnecessary. the democratic mem
bers of the committee will confer to.
morrow with democratic senators
from Pacific coast and Rocky noun
tain states. who are opposed 10 tn
free sugar and free wool provisions
of The new bill A number Of western
senatofg including Senators Myers, OF
Montana and Ashurst Of Arizona
will not participate in the conference
as they have decided 10 support the
free wool and free sugar program il
II IS approved by the house.
The conference tomorrow will dem.
onstrate the strength against thes'
features Of the bill Those who VII
participate insist. however. that there
has been no effort to form an often
sive alliance against the measure. a'
proof OF which they point TO the incl
that the Louisiana senators and 9th
ers interested in n change Of fre'
sugar and free wool provisions hav'
not been included IN the conference
Presenting the democratic tariff re-
vision bill to the house today th'
democrats Of the ways and mean
committee recommended radical re-
adjustment Of the entire fiscal policl
OF the nation. They proposed Il
make an income tax the means %
accurately adjusting The funds 10 b
raised by taxation 70 correspond viii
necessities for government expendi
tures.
The report. after outlining th'
operations OF the proposed incom'
tax, said:
''The revenues from all ineom'
taxes readily respond to changes %
rates and the latter can he raised d
lowered within few days time with
out business disturbances such 81
general tariff changes occasion. !
is believed that budget or otheI
effective system by which congress
may be able closely 20 calculate an'
Determine in advance fOrthc0mln.
expenditures soon will be devised. 10
which event it should become eas'
"a maintain close balance Betweei
expenditures and revenues such as q
practiced III most other ciFihze'
countries. with other sources of rev
enue devised to an honest and fixe'
basis. and the income tax 2 perman
ent part If our revenue system an'
at all times affording suustantia
amount Of revenue. congress cehia
ana ii uecessary should ahnualA
raise or lower tine income TAX rate
in such manner as would preffn
either deficit Or surplus in N
treasury.
TO eliminate pr8te, tion of prm'
and to cut of duties which enabled
industrial managers 20 exact q penu
for which no equivalent is rendered
10 Introduce in every lime of indaatr.
competitive tariff basis proyidin'
for a substantial amount of imperta
tirn ia the end that no concern sha
b. able 10 feel that it has monopoE
of the home market except through
the fact that it Is able 60 furnish bet
ter goods at lower prices.
(Which i the wiser course for OBJ
government to take the report asks
@The one that demands the protec
ton Of profits. the continued police
of hothouse growth Of our iudustrie'
the stagnatlon ef Development tina
follows where competition ceases. O.
the reduction OF eur tariff laws TO
basis where the American manafae
turer must meet honest competition
In eur judgment the future growth