Ottumwa tri-weekly courier. [volume] (Ottumwa, Iowa) 1903-1916, 1913-05-06
PUBLIC TARIFF
HEARING WILL
NOT Be ALLOWED
Senator Simmons An
nounces Finance Com
mittee's Plan on Tariff
Bill; House Done With It.

Bill; House Done With 1t.
Washington, D. c., May 5.-No pub
lie hearings on the tariff revision bill
are to be held by the senate finance
committee, according to Senator Sim
mons, its chairman.
There will be no public hearings"
said he today. THAT question has
been settled"
That determination is expected to
speed up consideration OF the bill, af-
ter 1t gets to the senate, probably
Thursday. Senator Simmons said to-
day that those most interested in the
schedules were content to file briefs
setting forth their views and recon-
mendations.
It Is the present view of the finance
committee chairman that the commit
tee will have the bill under considera-
tion about ten days or two weeks at
most, Following that two weeks will
be given senator's to prepare for de-
bate on the floor. The bill is expected
to be reported to the senate about June
at the latest. I
Republican leaders, it is reported.
are planning to move, when the bill
comes from the house, to refer It to
the finance commit. oe with instruc-
tions for public hearings.
Reaches End In House Today.
The end Of the tariff debate was in
sight today SO far as the house was
concerned. With few odds and ends
of the sundries scheduled left over,
the house stood ready to dispose Of the
free list, the complex administrative
features and the income tax, all that
remained of the new tariff law.
"The fight is about over now" said
Mr. Underwood, the demo ocratic leader.
The debate has been the most good
natured In the recollection OF the dem.
Ipcratie leadars Vha republic licana have
FSv0fded iflibustering or demand for re-
cord votes. The caucus rule OF solid
democratic votes has been rigidly car.
ded out.
Only, few minor changes are now
to be expected and they will be to
clarity language. Democratic leaders
expected that today would clear the
path for consideration Of the income
tax alone tomorrow to be followed by
the reading OF the bill for the formal
passage of the whole measure, form
ality counted upon to take less than an
hour.
Bankers Favors English Plan
A brief relating to the income tax
provision OF the Underwood bill was
filed with the senate finance commit
tee today by the investment bankers
association of America. The associa-
tion favored the general purpose OF
collecting the tax at the source but
urges that the tax should follow the
plan OF the English act with respect
to interest on corporate bonds. The
brief sets forth that the bill overlooks
the fact that nine-tenths Of this inter
est is payable in coupons to bearer,
making no provision by which this In
terest can be deducted b ythe corpora
ton.
Wilson Anxious About Currency.
President Wilson again today ex-
pressed the hope that members of con-
gress would come to an early agree
ment on the details Of currency legisla-
ton 80 that bill could be passed be-
fore adjournment of the special ses-
sion. The president has no message in
contemplation on the subject as yet
but when common agreement Is In
sight among the currency advocates,
He will call the attention Of congress
in a brief message for the necessity Of
prompt action.
The president hopes that II congress
takes up the currency question at the
extra session, it will do so with expedi-
tion and get through bill not later
than August. He Is planning to visit
the Panama canal either in July or
August. Senators owen and Gore and
the entire Oklahoma delegation urged
the president to attend the twenty
fifth anniversary on April 8, 1914, OF
the opening of Oklahoma territory to
settlement. The president said he
would try.
Thinks Wool Will Pass.
President Wilson does not expect
the tariff bill to be materially amend
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