The Hawaiian gazette. [volume] (Honolulu [Oahu, Hawaii]) 1865-1918, 1915-12-10
Repeal Of Obnoxious Clause In
Underwood Tariff Measure Is
Scheduled To Be Made An
Immediate order Of Business
HOUSE PLANS TO ACT ...~,.
H WITHOUT ANY DELAY
Congress win Take Action In
This Matter In Connection
. With the Bill To Increase
Revenues of the United States
tlssoeia.sd Press By Federal wlrelsss.l

Associated Press by Federal wireless)
NVIASH1NGToN, December 9.-The
" repeal Of The free sugar clause
IF the Underwood Tariff win be
taken up for consideration and passed
before Christmas, according to a state
ment made last night by Representative
Claude Kitchin, chairman of the ways
and means committee Of the house and
Democratic floor leader. Representative
Kitehin made this announcement fol-
lowing conference with Secretary of
the Treasury MeAdoo, in which the adj
ministration s fiscal program was dis.
eussed at length. -.
The consideration Of the repeal Of
the free sugar clause win be taken
mp in connection with the bill to re-
enact the emergency war revenue legis
lation, which expires by limitation on
December 81 and must be reenacted
before congress adjourns for the Christ
mas holidays.
Big Revenue Getter.
1t is estimated that this emergency
revenue measure will produce a treasu
ry fund of $50. 000, 900 a year if enact.
ed in the form suggested by the treas
ury department.
The sugar clause repeal will be the
only tariff legislation taken up before
the end of the year, the administra-
tons genera; revenue measures TO
rest over for introduction until after
the New Year.
Secretary of the Treasury McAdoo s
a.
Congress yesterday, strongly backs up
the President s recomme ndatiOn for the
retention of the duty on sugar, quot
ing figures to show the need of retain
ing sugar on the revenue-produeing
list. His report says:
at Is evident that the emergency
revenue measure and the existing duty
on raw sugars can be continued to ad!
vantage,
Exemptions To Be Lowered 's
On the subject of securing additional
revenue to raise the funds that are
needed, he proposes to lower the ex.
emption A. IRE of the federal income
tax, so that the tax will include mar
ried persons getting $4,000 or more, and
unmarried persons getting $4,000 or
more. The present exemption figure Is
$4,000 for single and $4,000 for married
persons. He also recommends that the
surtax, or special tax on large incomes,
should begin at $4,000 instead Of 800.
900, IS at present.
Mr.. McAdOO says that $4,000, 900 OF
personal taxes and $40, S9l ZOO of cor
P0TatiOn taxes remain unpaid.
Country Strong Financially ~
Speaking of the eOuntry's general
condition, he declared that il is The
strongest financially in its entire his
tory, and quoted reports from Dun 5 and
Bradstreets financial journals in proof
of his statement. The gold in the Uni
ted States on November ], he pointed
out, was the largest amtdnt ever held
in one country, amounting TO 81, 1873,
1872 against ~ ,S05, s76,5S0 ON Janu
AIRY 2, 1915.
The total estimated appropriations
for the next fiscal year he gave as
81, 2S5, 1857 ,S0S, including $3l6, 364,S 79
for the postal service, which is REIN.
bursable, ana 10000, 900 for the Pana.
ma Canal and sinking funds.
Deficits VIII BE Reduced
The receipts he estimated at $780,,
100000, ordinary disbursements at
1892, 900, and deficit at $3.50, 70l :
900, which, he says, will be reduced ia
about $50,000,000 by the extension OF
the emergency war taxes and the con.
tinuance Of the duty on raw sugar.
The secretary recommends taxes on
gasoline, crude Oil, autos, etc, as Presi
Tent Wilson did in his message