Harrisburg telegraph. [volume] (Harrisburg, Pa.) 1879-1948, 1916-09-07

Washington, Sept. T. - The Cham
Der of Commerce is indignant over loss
of the Webb bill, which it advocated
relating TO the combinations of Ameri-
can businessmen to promote the for
eign trade making lawful acts that are
declared to be conspiracies in restraint
of commerce by the Clayton act This
legislation has been urged by the
Chamber of Commerce OF the United
ed it in some of his political speeches.
In sections amending the existing
tariff law the bill provides for increas-
ed tariff rates on dyestuffs to be ap-
piled after the European war in order
to encourage upbuilding of the in
dustry in this country.
The Senate adopted the amendments
of Senators Thomas and Phelan, au-
thorizing the President to use retalia-
tory measures against foreign coun-
tries that may discriminate against
the commerce of the United States.
The Thomas amendment authorizes
the Withholding of clearances from
vessels of foreign nations that refuse
to carry American goods, and the
dent to deny the mails to countries
that resort to improper seizures of
mails of American merchants.
Encourage Fish Industry
Still another retaliatory provision
which is not based at all on conditions
arising from the war would prohibit
the admission of halibut or salmon
into the United States from the Paci-
nc coast through any foreign nation
nXCanf in hNnn6 from ITnifnd States
port. This is directed against an al
legged Canadian monopoly of the Pacific
Northwest fish industry and is design
ed to encourage revival of an Ameri-
can fish industry in those waters.
The bill creates a tariff commission,
recommended by President Wilson, to
consist of six members, not more than
three of whom shall be of one political
party, the first members to be appoint
ed for terms of two four, six, eight,
ten and twelve years respectively, to be
designated by the President, their sue
cessors to be appointed for terms of
twelve years.
A section of the bill is designed as
a safeguard against the dumping" of
foreign goods into the United States
at cheap prices after the war.
Income Tax Amendment
The bill as finally agreed upon pro-
vides for an increase from l to 2 per
cent. on the normal income tax, with
an exemption of $4,000 for married
and $4,000 for single persons, and for
the following surtaXes:
one per cent. on the amount by
which the net Income exceeds $2O,-
600 and does not exceed $4,000; per
cent, $4,000 to 100000; per cent,
100000 to $4,000; A per cent, $4,000
to 100000; per cent, 100000 to
$l50,000; 6 per cent, S15O,000 to
100000; Z per cent, 100000 TO
$25O,OOO; per cent, $25O,O00 to
100000; per cent, 100000 to
100000; 10 per cent, 100000 to ST.
100000; IL per cent, $1,000 to ST.
500, 900; II per cent, 81, 500, 900 to ST.
100000, and 13 per cent, on the
amount by which the net income ex-
ceeds $2,00O,000.
The corporation income tax is re-
newed, eXempting labor, agricultural
and horticultural organizations, NUT
ual savings banks not having capital
stock represented by shares, frater-
nal beneficiary societies, domestic
building and loan associations, civic
organizations, Federal land bank and
national farm loan associations.
Special Taxes Imposed
Special taxes are imposed as fol-
lows:
Inheritance Taxa tax on trans
fer of the net estate OF decedents dy-