Montpelier examiner. [volume] (Montpelier, Idaho) 1895-1937, 1916-09-22
EMERGENCY REVENUE BILL
WILL RAISE $2O5, 600, 900
Revenue Will Come from Taxes on lnheritanceS,
Incomes and War Munitions Tariff
on Dyestuffs-- Creates Tariff Board.

The administration emergency rev.
enue law, which went into effect on
Sept. Sth, provides for the raising OF
$2O5, 100000 annually from taxes on
inheritance and war munitions and
from increases in the income tax. 1t
also provides for the creation of
tariff commission, establishes pro-
tectiVe tariff on dye stuffs, and gives
the president authority to take dras-
tic retaliatory steps against allied in
terference with American trade.
The tariff commission is to con-
sist of six members to be named by
the president, and the salaries OF
the commissioners are fixed at ST.
500 a yesr. 1t will be the duty of the
commission to investigate the adj
ministration and fiscal effects of the
customs laws; relation between the
rates of duty on raw materials and
finished products; effects of all du
ties; all questions relating to the
operation of the tariff laws; tariff
relations between the United States
and foreign countries; and to make
reports to the ways and means COM
mittee of the house and finance com
mittee of the senate.
Some of the important amend
ments to the bill, which were agreed
to by the conference committee, au-
thorize the president to:
Deny use of United States mails
and other methods Of communication
to citizens of any belligerent nation
which does not accord those facili-
ties to American vessels, citizens,
companies or corporations.
withhold clearance to any vessel
from American ports which gives
"any advantage whatsoever to any
particular person or institution in
the United States or its possessions
or to the citizens of the United
States residing in neutral countries
abroad" or is subjecting any of them
to "any undue discrimination in re-
gard to accepting, receiving, trans
porting or delivering any cargo.
freight or passengers"
Deny the commercial privileges and
facilities of the United States to any
vessel or citizen OF a belligerent ma
tion which does not accord full ia
eilities of commerce to American citi-
zens that are accorded to citizens OF
other nationalitie9, or to withhold
clearances to vessels of such belli-
gerent nations until reciprocal lib
erty of commerce has been restored. !.
Employ the land and naval forces
of the United States to enforce the
retaliatory measures; and to prohib-
1t importation OF goods into the
United States from nations which
prohibit the importation into theil
own or into any other country OF
dependency of any legal article pro
dnced in the United States.
Apnthar rafaNiaf0rv nrOViSiOT
would prohibit the admission of hall
but or salmon intD the United States
from the Pacific coast thru any for
eign nation except in bond from ;
United States port. This is directet
against an alleged Canadian mono
poly Of the Pacific northwest fish in
dustry, and is designed to encourag
the revival of an American fish in
dustry.
A section of the law makes 1t un
lawful to import goods at a pric
substantially less than the marke
value or wholesale price in the prin
cipal markets of the country of thei
production. The president is give
authority to prohibit importations t
this country from nations which pre-
hibit importations from the Unite
States.
In sections amending the existin
tariff law the bill provides for IL
creased tariff rates on dyestuffs to b
applied after the European war. TIL
duty on intermediate dyes would
Is per cent ad vaIorem and speci;
duty of 2 1-2 Gems a pound; on iii
ished dyes, 80 per cent ad valorel
and a special duty of cents a pount
Another amendment fixes the dut
on print paper valued at above
cents per pound at ~ per cent q
yalorem
Income Tax Increase
The law provides for an increat
from / to per cent on the norm
income tax. with an exemption
$4,000 for married and $4,000 4
single persons, and for the followiI
surtaxes.
One per cent on amount by whit
the net income exceeds $4,000 al
does not exceed $40. 900; 2 per Ger
$4,000 to $50. 400; 3 per cent, Sc
600 to $50, 900 per cent. $50 ,0i
to 500, 600; 5 per cent, $1,000
TO $150.00O: 9 per cent. $500
to $260. 900: a per cent. 5000 o.
to $3.50. goo; 8 per cent, $3.50 o.
to $900. 900; 9 per cent. $500. %
TO $500.0O0; 1o per cent. $500 o.
TO $1,000 600; II per cent. 81 90
600 70 81, 500 COO; IL per cent, 5
5O0,000 to $4,000 900. and 13 i
rant IN the auna.4s nt hy which fha !