The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1913-09-23
PLAN TO PREVENT
ANY REGULATING
Administration Leaders Are Con-
sidering Way to Pacify
Foreign Nations.
CONTINUE TRADE RELATIONS
Supplementary Bill to Give Presi-
dent Discretionary Powers
Regarding. Tariff.

| Washington. September 22.--Appre
hension. lest the Democratic tariff bill
lead foreign nations to impose tariff
| penalties against the United States AS
soon as the new law goes into effect
to-day. caused administration and Sen
ate leaders to plan tho Introduction Of
a ioint resolution in Congress asking
specific provision for tho continuation
OF existing relations with all countries
until President Wilson has time to ne
gotiate new trade agreements. The
robustness of tho situation that Will
confront the administration to-day was
| impressed on Chairman Simmons. OF
the Senate Committee. by State De-
| rartmcnt officials.
1t was pointed out that tho trado
relations established by President
tTafts proclamation under the Payne
Aldrich law OF 1909 would terminate
as soon as tho new law becomes cffec-
tive and the United States then would
face the possibility Of having higher
tnriff rates applied by many countries
against its exports
To Prevent Trade Wars.
| While the tariff law would give the
President authority to negotiate trade
and reciprocity treaties, it also would
! require him to apply special penalty
rates against countries discriminating
against the United States.
| To prevent the possibility OF trade
wars the State Department now is de-
/ fning joint resolution. which will
provide that existing rotations shall
| continue for four months. This will
not keep in effect the tariff rates Of the
! Payne Aldrich law, but will assure to
| foreign countries that the new penalty
provision of the Underwood Simmons
bill Will no, be applied TO them until
| II asona BILE time has been allowed the
| President and the State Department
to negotiate new trade treaties
Preparing supplementary BIll.
! AT the White House and later at
| the State Department, Senator SIM
! mons to-day pointed out that II would
be impossible to insert tho provisions
desired an amendment to tho tariit
bin. because the Introduction or any
new matter is prccludcd While the bill
| is in conference The provision Will
be put through Congress as a separate
act supplementary TO the tariff law.
Senate amendments to the tarin bill
| would authorize the President to assess
extra duties on coffee. tea. fish. china
ware, silks. laccs, jcwelry, sugar and
many other items coming from coun-
tries not treating the United states as
n favored nation While the joint
resolution could not prevent other
countries from imposing higher tarirs
against tho United states, il is expect
ed that 1t will induce them to with
hold such action temporarily At least
The Senate conferees on the tarin
bin late to-day won their fight Tor n
heavier tax on big incomes, when the
House members of the conference com
mittco agreed to accept the senate
amendments increasing the tax rate
to minimum of per cent on In
comes Of more than 100000
The committee tonight had so nearly
completed the income tax section tina
concluding details will be worked on
by subcommittee. The amount Of
income that is TO be free from tax
fixed at $4,000 by tho House. and $4,000
by the Senate: the exemptions to b'
! allowed on account of families. ant
the provisions TO be applied to mutua
Insurance companies. still are at issue
Deductions Agreed Upon.
The deductions that are to be al
lowed from ordinary incomes. in ar
irving at the net Income that is Il
bear tax. We're accepted practically a:
determined upon in the Senate. Thes'
deductions varied in several Darticu
lars from the provisions originally
made by the House.
No decision will be made by the con
ference committee upon the suggested
compromise on the cotton futures ia!
until other sections have been disposed
of. While "a portion OF the conferce
continue work upon the income ta'
provisions Tomorrow. others Will take
up the administrative sections of th'
bill which include the provision 70
rctaliatory tariff rates against foreign
countries and for the negotiation by
the President of reciprocal trade agree
mcntS.