The Hawaiian gazette. [volume] (Honolulu [Oahu, Hawaii]) 1865-1918, 1916-09-08
Representatives Pass Measure
BY Viva Voce Vote, After Con-.
sidering Reports Of Conference
Committees Of Both Houses
.-..'. 8 - - ~
LOWER HOUSE WILL QUIT r
LABoRS AT TEN O'CLOCK
New Bill For Protection Of Amer
lean Commerce and Industry
Against Dumping Of Goods On
This Market BY Europeans
(AssOciated Press BY Federal wirslsss.l

ASSOCIATED Press BY Federal wireless)
WASHINGTON, September Slate
last night the house adopted by n viva
voce vote the new revenue bill which
carries the retaliation amendments
TO provide protection for United States
trade against interference by the AL.
lies. The conference committee after
being in q deadlock for twenty four
hours, finally reached an agreement af-
ter a number of extremely radical feas
lures Of the measure had been toned
down.
The bill as il finally passed both the
upper and lower house retains the pro-
vision reducing the minimum of in
comes subject to taxation to $4,000 for
unmarried men and $4,000 for married
men, This feature Of the new bill was
injected in order to raise the revenue
from this source, as the previous in
come tax set the minimum at $500 for
single mep and S4500 for married men,
This feature Of the measure was pass.
ed only after serious objection by mem.
bers of both honses.
Inheritance Tax Stands -.
No change has been made inTthe in-
heritanee tax In the new bill and the
same schedule of taxes ON, beer, wines,
liquors, theaters and houses Of amuse.
ment viii remain Ms before. +,
One Of the most radical features Of
the new bin is the increase in the tar
on the net profit on all munition manu-.
featured. Under the new schedule this
tax has been raised to twelve and one
half per cent. The tax on all corpora
tiOn stock has been raised to fifty
%. - 81
paid in, despite strenuous opposition
made to this section of the bill. All
stamp and copper refining taxes have
been eliminated in the new bill.
One of the jokers Of the new ma
tiOnal measure is the retaining of the
tariff commission without any apprO-
commission. Originally the members
of the commission received a salary of
$4,000 yearly. Later this was reduced
10 $500 Under the new law members
of the commission will find themselves
occupying positions that do not carry
any salary.
Protect American Trade
In order to protect American indus
tries against any possible trade war
following the European war the bill
carries what is popularity known as the
anti dumping" provision. Under
this provision foreign nations will find
it unProftable to ship goods to the
United States at loss in order to
compete with and drive out of the mar.
ket goods of American manufacture
that cannot be produced at the same
low figure that they are produced in
Europe. ..s
Another provision in the new bill
that will give an impetus 10 the de.
velOPment of the chemical industry In
the United States is the increased duty
on all dy"Stuffs manufactured in for.
eign countries. With the beginning of
the European war the United States
was confronted with a serious problem
by a threatened shortage of dyestuffs.
The price Of these materials has
reached Il figure never dreamed of be.
fore. l'nder the provisions of the
new schedule American manufacturers
Of dyestufs will be enabled TO compete
with European manufacturers.
Retaliation Provisions
Probably the most drastic feature of
the new bill is the now famous are
taliation" clause. This section of the
act has been the cause of endless de.
bate in both houses Of congress and as
it finally came from the committee
conference it is complete triumph
for the administration.
Under this provision the President
is given power to authorize officers at
ull ports to refuse clearance papers to
fOreignOwned vessels which seek to
discriminate against any American
manufactured goods. The bill specific
ally states that clearance is to be re-
fused to all ships which refuse to take
shipments Of American made goods for
any other reason than lack of cargo
space.
Following the passage of the revenue
bill resolution was passed by both
branches of congress TO adjourn the