The Hawaiian gazette., 1914-07-24

might as well make up their minds
that the present law will stand Nm.
changed.
Scouts Embarrassment.
II was not true that the government
revenues are showing a large deficit,
and thus there Is no governmental rea.
son for restoring the sugar duty. The
amount Of income tax returns could
not be known until the end of the fiscal
year, but customs receipts under the
new Tariff law win, as presently calcu
lated, exceed the committee e estimates
by $20,000,000. The income tax re.
ceipts may not be as large as esti-
rated, but with the next full fiscal
year, ending June 30, 1918, they will
doubtless equal all expectations. There
may be some months, rs there were
during the Republican admin; STATIONS,
when there have been deficits. but
taking the year through, there will be
no embarrassment in governmental
revenues, and there will not any occa-
sion arise to call for the restoration
of the Tariff on sugar OF the retention
of any part Of that to be taken of
in the future, This covers the situa.
ton as viewed by Mr.. Underwood.
In regard to the report that the De.
partment Of Commerce Is investigating
the beet sugar industry, Secretary VIM.
G. Redfeld called attention to reply
he has recently made no inquiries along
that line, in which he said:
Investigating Beet Sugar Industry.
"The facts are that at the request
Of several senators some months ago
the Bureau Of Corporations of this de-
partment began an inquiry into the
heet-sugar industry In all its phases,
and is now pursuing it. II is not an
inquiry into the cost Of production
strictly so called, though that will
form a feature of it. The reason this
distinction, however, is made here Is
that the so-called cost-of-production in
quiries are made in separate bureau
(the Bureau Of Foreign and Domestic
Commerce), and out of a separate APP
preparation, and have rather more
restricted scope. The sngar-beet in
quiry now going on takes into account
every element in the industry, and not
merely one factor of the cost of pro.
| duction. II is not intended to have
any relation whatever to legislation,
pending or proposed, but is solely to
ascertain the facts regarding the In.
drstry in its different phases. The
field work will not be done for some
weeks yet, and the report will prob,
ably not be ready until the latter part
| of the fall.
There is no justification for any
statement made by anybody that as a
result of this inquiry it is contemplat.
ed to restore in whole or part any of
| the sugar duties. No action of any
nature Is to be predicated on the re
port until its contents shall be fully
known, and its inception had nothing
to do with any suggestion as to the
restoration Of duties. Iteis not at all
proper that anyone should be encour.
aged either to buy or sell stocks uppn
the pendeney of an inquiry which lis
incomplete. -
Wilson Would Veto Any Change.
In addition to this statement Of the
case, Secretary Redfeld said:
gu consider that the press will be
doing public service by letting the
public know that there is absolutely
| no chance for anybody to get through
4 any legislation looking to a change II
| the sugar tariff There seems TO bt
an organized bureau at work here II
Washington propagating reports fol
stock jobbing purposes to the effec'
that such legislation is in prospect.
have received a great number Of in
auiries based on the assumed siVnii
canoe Of the department inquiry ] hay'
referred to. i talked with the Presi
dent today, and you can rest assured
he will veto any measure looking y
any sort Of change in the tariff as !
Il "a Il .