The Washington times., 1913-07-11
RECEIVES
UNDERWOOD BILL
Simmons Makes Favorable Re-
port on the Measure for
Finance Committee.

The Senate Finance Committee this
afternoon formally approved the VIII
SON. Underwood tariff bill. and made a
favorable report to the Senate. This
action was taken by a strict party vote.
The report to the Senate was made by
Senator Simmons. On a test vote in the
committee on a motion by Senator Nc
Cumber to report the bill adversely. the
Democrats lined up for the bill and the
Republicans against 1t. Senator Smoo'
offered an amendment to eliminate free
sugar. and another to strike wool from
the free list. BY q party vote both were
defeated.
Senator Smoot stated that Senator
McCumber would open the Republican
bombaIdment Of the bill in a speech
Monday. The Finance Committee
agreed that five days should be allowed
to the majority, the minority, and any
member to file reports on the bill. Sen
ator La Follettee will present an indi-
vidual report. -"
Senator Smoot announced the COM
pletion of his wool bill, which he will
Introduce. in all probability. Monday.
which will be q substitute for scehd-
ule K 1t calls for duties nearly as
high as existing ones.
It was agreed that Senator McCumber,
who desires to leave the city, should
make general speech on the bill Mon
day. The real debate will begin We'd
nesday. General discussion then will
noon to o'clock.
Six weeks of straight debate on the
tarid bill Is expected. 1t Will prob
ably not be enacted much before the
middle Of September.
= Copies Of the bill as finally COM
report Of Chairman Simmons, of the
Finance Committee, on the bill will
not be made to the Senate until Mon
day. -.
tional revenues due to the lower tariff
rates, the Democrats have provided q
system Of income taxes which are es-
timated to raise $I0,000,000 a year, and
additional internal revenue taxes upon
brandies used in fortyfying sweet wines,
and upon trading in cotton futures. The
effect Of the latter-whether 1t will pro-.
duce a large revenue or will merely
put an end to cotton exchange specula-
tions, is declared by Chairman Sim
mons Of the Senate Committee to be
highly uncertain.
Incom tax will be collected from all
American citizens, whether living at
home or abroad, upon their net income
above $500 in case of single persons or
persons having no one dependent upon
tNtIn IOr SuppoTt, anu OIl al SuCu III
come above 1900 in cases where a wife
or husband living with and dependent
upon the tax payer. A further exemp-
ton of $500 is given for each child de-
pendent upon such married tax payer.
The House bill made a general exemp-
ton of 1900 income.
On the first so. 900 of taxable income,
the rate of l per cent per year. For
the next $4,000 the rate Is per cent;
for the next 1000 ii is 5 per cent. and
all above this point, the rake is per
cent. The amount due from each cit
izen is to be reported and collected
through the internal revenue collector
for each revenue district.
Senator Borah. Senator Kenyon and
other minority progressives intend to
attack sharply the Democratic substi-
tute for the Borah amendment prohibit
ing the importation of goods made by
convicts or by children under fourteen
years of age. The Democratic clause
reads: That no goods except immedi-
ate products of agriculture, forests and
isherfes-manufacture wholly or In
part in any foreign country by convict
labor, or principally by children under
fourteen years of age in countries
where there are no laws regulating child
labor. shall be entitled to entry"
AS all manufacturing nations-even
India and Japan-have child labor laws
of some Sort the child labor clause Is
declared worthless.