Arizona republican., 1913-09-30
Measure is Advanced to the
Last. Congressional Stage
and Will Probably Pass
the House Before Ad-
iOurnment Today
OUT OF SENATE
ABOUT THURSDAY
Now Believed That Wilson's
Signature to the Measure
Will Have Been Secured
Before Close of the Pres
ent Week
ASSOCIATED PRESS D1sPATcHl


WASHINGTON, Sept. %. - The
democratic tariff revision bill, the
fnst on the program of reforms
raapped out when President Wilson
came into office was advanced to the
last congressional stage today when
il was brought back to the house
from the Joint conference with the
unanimous endorsement Of the demo-
cratic conferees Leaders of both
houses were confident tonight that
tie bill, virtually complete now, viii
bC signed by President Wilson before
the end of the week.
The bill viii scarcely leave the
center of the stage before the cur
rCncy bill. next in line. viii be forced
upon the attention of the country and
coincident with consideration Of this
bin will begin administration work
upon the antitrust and railroad con
troll programs to be brought forward
when the December session opens.
During the morning the full confer
ence committee. convened by Chair
man simmons. was given q report Of
the formal approval Senators Sim
mons. Williams. johnson and Shively
ard Representatives Underwood. Dix
on Kitchin and Rainey. democrats.
who adjusted all differences between
senat. and house except cotton fu-
lures tax proposition. signed the full.
report. while the republican and prog
ressive members declined to sign.
The house viii take up the tariff
hiu at II o'clock tomorrow and ii
is believed it viii he passed before
adjournment It is expected to reach
Al,
that body on Thursday.
The cotton futures tax * still in
dispute. the house refusing t. accept
the so-called Clark amendment adopt
eG by the senate. Expressions from
the White House and from congress
sional leaders today. however. indi-
Gated that in the final conference
over this feature the whole plan
might be dropped from the tariff bin
and taken UP as a separate measure
next winter
Senator Simmons. chairman of the
senate finance committee gave out
/ tonight the first complete estimate
of federal revenues and expenditures
under the new tariff bill as made
up by the exports for the treasury.
The total estimates are as follows:
For the year ending July l. 1914
receipts SLOPE. .000,O 900: expenditures
$1.013,Oo0, 600; surplus $1C.0OO.OOO
For the year ending July 1. 1915
receipts $1O260OO 900: expenditures
S1.GO8,O 900, 900. Surplus $18.0O0.OO0.
Estimated receipts under the GUS
toms tariff income tax and the cor
| pOration tax. embraced in the new
tariff, are given as follows:
For 1914-Customs revenue $27O.-
s66, 100000; corporation tax $38.OO0.-
! 600
For 1915-CustOms revenues $249-
100000; income tax $83,O0O.00O cor
| poration tax $39,O00,0O0.
But the customs revenues will be
larger for the current fiscal year Of
! 1914" said Senator Simmons, be
cause the rates of the Payne-AIdrich
! law have been in force for the first
quarter and will continue in force
on wool and wooden goods until
January /, and on sugar until March
l. When the next fiscal year be-
gins July 1, 1914, all the ates of the
new law will be in operation and
| the tariff duties collection will be
smaller
THE income tax which is collected
| for the calendar YEAR can be col
/ lected for only ten months OF the
present year, as the law specifies
| that collections shall not go back
of March T. 1913. The estimated in
/ creases in the total expenditures of
| the government for 1915. $5,C0O,OO0 is
based on the fact that smaller ex-
penditures are expected for the ar
my and navy estimates"
The balance of the total of the
estimates given in the treasury es-
Inmates is made up of postal re-
ceipts in regard to the revenue re-
ceipts. the profits from public land
sales and other sources of federal
| income.