The Alaska daily empire., 1915-01-11
NRY GARTFF PRODUCES
 MORE THAN OLD
fS9ottle po5tintelilgoncorl


 lSeattle Postintelligencer)
 AsHaaut Sooretary the Interior 80 Sweeney has forwarded to Seattle copy Of the following letter received by him rom the assistant socretary ot .be treasury touching Q recent odl. torle In Che PostIntolligencer on the operation oi the Underwood tarlil lew;
 oDr Nr Assistant Secretary:
 Your avor of tho t7,h inst, 60 the secretary ot the treasury has been relarred to me, together with the cor respondenco which you inclosed, in, cludins an editorial from the Post.ln. teiligencer
 rhe editorial to which you refer contrasts che imports for October 1914 with October 1913. and tries to show .hat the Underwood bin is responsible for 8 less revenue in 5918. The writer of che editorial seems to loo eYideutly Nnaware of the fac. that tho Under wood bill became a law on 0ctoher &, 19l2 so that the returns Of tho rege- uue for both months were under the same bili which clearly indicates that the loss ol regcnus for the imporio- Gcns tbis yeay could not be due to any chance ln Che taril.
 'Tdo, Che Underwood bin is 2 sue. cess ga. .o producer of revenue gianco at the figures will show.
 "When tho tarin law was written 1t was estimated to produce from GUS. toms in its first year S270,000,OOO. There was actually produced in the year from customs S292,S200I451i or S228200l4.5 .51 in cxcoss of the esti. mates. which took into account the estimated revenues for three months under the old law and nine months under the new low.
 "Il was intended by the tarin ocl Of october 8, 1918 Co remove the duties from certain necessaries of life and lower the duties on others.
 "To make up the deficit caused byI the loss in revenue srom customs theI income.tax provisions werc enacted as a part of the new act and the pro visions for a tax on corporations were amended
 The tax on individual incomes amounted to S2S,253. .5SAS5. and the tax on corporations amounted to SfS,- l2I7S9S9
 "That the tariff act Of october 9, 1913, not only iusd0ed the estimates. but as a whole produced during It's first yenr more than the revenue meas ure which lt superseded. is shown by a comparison Of the revenue figures:
 Customs for year ending June 30 1914. S292.32o,ol451; corporation and income tax S7LSS101f51 total SS65,-I 70l2S9 .25.
 Customs for year ending June 80, 1913. $S1S.S91,895.S6; corporations and income tax. sS5.OO6 .299.S4 total S353,. S9I6s57O.
 This makes an amodnt of revenue raised under the act Of October 9, 1913lI greater by S9,So9,59S.55 than the amount collected the previous year un. l der tho preceding measure.
 'lt is estimated that during the year the amount of revenue derived from Imports Of the countries now at war. excluding Turkey would amount to the sum of $146,O00.O00 It is, osI course. inevitable that the imports ! from lhesc countries should be seri-I ously interfered with by the progress of the war and thic win naturally result in decreases In the customs re- ceipts in no way could Che Under wood bin be held responsible for this condition. phe feet is the figures above show the bill itself proved a successful revenue producer beyond the expectations of lts iramers
 'Very sincerely yours,
 ANDREW J. PETERS.
 Assistant Secretary"