The Birmingham age-herald., 1913-07-05
Other Schedules to Be in
Effect Immediately After
Enactment of Bill
SUGAR SUBJECT TO
RATES UNTIL 1914
Date for Wool Schedule Tentatively
Agreed UpOn-Final Session
of Caucus to Be Held
Today

Washington. July 4.--Majority members
of the Senate finance committee today
decided all schedules of the new tariff
bill. excepting sugar and wool. should be-
come effective Immediately after the en-
actment of the measure into law.
Sugar, with the approval of the demo-
cratic caucus, will be subject to the
Payne-Aldrieh rates until March l. 1914
Tentatively the committee agreed on a
date for the wool schedule. but did not
announce it because of a promise to CON
fer with Senators Walsh and Thomas.
who could not be reached today.
The committee will confer with them
, before the final session of the caucus to-
morrow.
Additional revenue was provided for by
the committee when it decided, in view of
the revenue tax on brandies used in forti-
tying sweet wines, TO levy revenue tax
of 25 pr cent ad valorem on what are
known as spurious spicy Wines" wines
from Pummis and rectified with chem
icals.
Must Bear Label
Containers of such wines must bear a
label showing what materials enter into
the product. Just how much revenue Will
be derived from this, the committee could
not estimate because the tax probably
viii curtail the present output consid-
erably.
Another change proposed relates to the
clause prohibiting importation of convict
made goods. 1t was amended so as TO
read that such goods be excluded from
countries which do not prohibit" convict
labor. Originally the clause read from
countries which did not restrict convict
labor.
Chairman simmons said today that he
expected general debate on the bill to
oegi ma week from Monday lie will re-
port the measure probably next Wednes-
dag and 1t is his opinion that the de-
bate will be limited to five weeks.
Regarding the binding resolution which
will be adopted by the caucus tomorrow.
Senator Simmons said thar It's provisions
would bind every democratic senator who
did not withdraw from the caucus wheth
er he voted for the resolution or against
it. or even If he were absent when the
vote was taken, unless he had previously
pledged himself TO his constituents to vote
against some rate or principle involved in
the bill. The senators attention had been
called TO the fact that Senator Thomp-
son, had gone to his home in Kansas
and could not attend the caucus tomor-
row
Thompson to Support Bill
Senator Thompson has given no notice
thta he desires TO be freed from the
caucus pledge said Senator Simmons
and the resolution would bind him lust
as much as any other senator In fact
! am assured that Senator Thompson in
tends to support the bill"
The amendment to the bill fixing
stamp tax on cotton sales sold for future
delivery, members of the committee he
lieve will bring in considerable revenue
Though the primary desig nof the amend
ment Is to abolish stock exchange gam
bling in cotton futures, 1t is the general
opinion that 1t will not do so, but that it
viii considerably curtail It.
Should the stamp tax on cotton fu-
lures deals fail to curtail this form Of
stock dealing Senator Simmons said TO-
day the revenue to the government
would be enormous