The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1913-10-01
COTTON TAX BILL
IS ALSO PASSED
Party Lines Broken on This
Vote, The Democratic
Membership From The
South Insisting That the
Entire Matter Go Over
Until Another Session.
BY ASSOCIATED PRESS

Washington, Sept. 30.-After many
hours OF debate, the house tonight
s&opted the main conference agree
ment on the tariff bill by a vote of
264 to 103; almost a strict party vote.
and thus endorsed everything in the
bill except the cotton futures tax pro-
vision. Tariff bill left the house on
what the party leaders hoped would
be its last journey to the senate. After
the adoption of the report Represen-
tative Underwood carried through the
Smith-Lever cotton futures tax
amendment by the vote of III to ISL
Party lines were broken in this vote
as large portion of the Democratic
membership from the south vigorously
demanded the whole subject be car
ried over until another session Of con-
gress. Cotton futures tax question
now rests entirely with the senate.
The house concurred in the Clarke
amendment, which the senate put into
the tariff bill, but added the Smith -Le-
ver-Underwood Plan as another am
endment Unless the senate accepts
the change, which has the endorse
ment of the president, the whole cot
ton futures plan again will have to
be considered in joint conference COM
mittee and reported to both houses
for action.
Low TARIFF RATES.
The rates Of the tariff bill as it
WM DEe BafcH co ~ttle house for approval,
" opposes a lower taxation than any
rin bill in the last three quarters
ot Il century" said Representative Os-
cd w. Underwood. Democratic leader
fof the house in the opening speech
TODAY in suppeIt of the conference re-
saorsS on the tariff bill. The bill as it
is now before the house is lower in
dts rateS~Akhan either the bill that
passed the house or the bill that
passed the senate, for the house con-
ferees accepted all but three or four
of the reductions made by the senate,
while the senate recedd from ovr one
half of its increases.
This tariff bill, with its 26 per cent
average is almost as low as the ia
nous Walker tariff which had low du-
ties on liquor and tobacco. Besides its
great reductions on articles or general
use, this bill places many of the neces-
stiles of life on the free list or gives
them very low rates of tariff"
REPRESENTATIVE Underwoods state
ment was greeted with applause from
the crowded Democratic side of the
house. In contrast with the average
tariff of 26 per cent ad valorem in the
Underwood Simmons bill, he said the
existing Payne law has an average OF
over 40 per cent and the Wilson bill
passed by the last Democratic admin
istration had an average of over SO
per cent.
The revenues under the new law,
Mr. Underwood said would yield
surplus Of s1s,0oO.oOO over estimated
government expenditures in 1915. He
nave the house the treasury experts
figures made public yesterday, show
ing that the total government revenue
in 1915 would be $1,026,000,000; ex-
lenditures s1,O0s, 900, 900; surplus $1s,-
300, 900.
KEEPING ITS PLEDGES.
After three years of battle, today
the Democratic party is prepared to
keep it's pledges to the American peo-
ple." continued Mr.. Underwood.
No matter what criticisms our ad-
versaries may have of this bill, no
matter whether they believe it wise or
workable, no man can deny that the
representatives of the American peo-
pie constituting the Democratic party
In con gress have kept every pledge
made four years ago and two years
CONTINUED on Page Seven)