The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1916-09-06
REVENUE BILL
(Conttnued from Pirst FaEeJ


United States residing in neutral coun-
tries ABROAD" or its suhjeCting any OF
them 10 any undue or unreasonanle
prejudice. disadvantage. injury or dis
elimination III regard 10 accepting, re-
ceiving transporting or delivering or
refusing 10 accept or receive, trans
port or deliver any cargo. freight or
passenger
Deny by proclamation the CONNER
cial privileges and facilities OF me
United States 10 any vessel or cltlzen
OF a helliurrent nation which does not
accord full facilities Of commerce 10
American citizens that are accorded
citiznns OF other nauonallttes or 10
withhold clearance 10 vessels OF sucn
belligcrcnt nations until reciprocal
liberty Of commerce and equal lacLl-
ties of trade" have been restored:
Use Forces.
Employ the land and naval forces
of the United States 10 enforce the
'retaliatory measures; and 10 prohlolt
Importation OF goods into the united
States from nations which prohlolt
the importation into their own or any
other country; dependency or colony
OF any article product Of the SOIL or
Industry OF The United States and not
in furious 10 health or morals.
The bill creates a. tariff commission.
recommended by President Wilson, 10
consist OF seven members, not more
than three of whom shall be OF one
political party, The first members 10
be appointed for terms OF TWO, tour,
six, eight, ten and twelve years, re-
specIively, 70 be designated by the
President their successors 10 De ap-
pointed for terms OF twelve years.
The commission would Investigate the
administration and fiscal effects of
the customs laws: relation between
tho rates OF duty on raw materials and
nnishcd or partly finished products;
effects of ad va!urcn and specific du-
ties: all questions relating 10 the op-
Grafton of the tariff laws: tariff rela-
lions between the United States and
foreign countries, and would make re-
ports 10 the ways and means commit
lee of the House and finance commit
tee Of the Senate.
Salaries of the commissioners were
fixed al $500 year
Section Is Safeeuarded.
a section Of the bill is designed as
safeguard against the dumping
of foreign goods into the United States
at cheap prices after the war. 1t
would make ii unlawful TO import
goods al price substantially less than
! the actual market value or wholesale
price in the principal markets Of the
country Of their production. VIOLA
tons would be punishable by a line
not exceeding $1,000, or Imprisonment
not exceeding one year, or both.
In sections amending the existing
tariff law, the bill provides for in
creased tariff rates on dyestuffs, TO be
applied after the European war, in Or
der TO encourage the upbulld!ng OF the
| industry in this country.
Another amendment fixes the duty
! on print paper valued at above live
cents per pound az y per cent. ad
yalorem.
The bill as finally agreed upon pro-
vides for an increase from one 10 two
per cent On the normal income tax,
with an exemption Of $4,000 for mar
ried and $4,000 for single persons, and
, on percent on amount By which the
net income exceeds $@p,og0 and does not
| $50 900: three percent $4,000 to $4,000:
| four percent $50. 900 10 100000; i've rcr
cent Sl0n. 900 TO $4,000: six percent
$50. QUO 10 $?oo.o00; seven percent 5000
! oO0 to $4,000; eight percent S95o, 900 10
$500 600: nine percent $%00.00o 10 $500
| Don: 10 percent 100000 IN l.0nh,00e; i
percent 81 900 900 70 Sl.1nh. nnN: II r"r
cent S1,5@n 900 TO $2,nno.o0G and /" Per
| cent on the amount hr which the net
| income exceeds $2.000.000.
Underwood in Final Fight.
The senate practically had completed
the hill but toward midnight Senator
| Underwood moved to strike out the sec
! ZION which would create 4 tariff COM
mission and began 4 last fight against
this provision which already had been
agreed To-. The Alahana Senst"r had
no hope Of victory but declared he was
J
By q vote OF So to The senate re-
jcctcd Senator Underwood's motion thus
retaining the tariff commission section
Of the hin. Senator's Wn" I"'ea TO vi In,
| Shields. Underwood and Nardaman y
motion by Senator Tcnrose 10 send III"
| bill back 20 ;hc finance committee win
instructions thnt II report n measure To
raise revenues by n protective tariff an!
| with special provisions for industrial
! defense was rejected by vote Of ~ ="
81. Senator La, Toilette WAS the only
! Republican to vote no.
| Senator Underwood declared creation
Of tho tariff commission Was Il Surrcn-
der 10 the Republicans and an ahj"rt
| aha ndonm"nt of Democratic prin"!pl"S
"Ev creating tho commission" he laid
| IN, Democratic party lowers its spear
| and Haunting the white flag Of retreat.
| makes terms With IN" common enemy
on the rrandest principle II" party ever
! stood for"
Doubles Normal Income TAX.
To .irCrnuS,. government revenues N"
| hin urovjlcS fer doubling the nurmhi
| income tax and increasing the Sur-taNcS.
AN inhcriiaCCH tax. 4 net profit lax on
manufacturers OF Munitions cf war. Il
| l;cnnsc tax on stock OF corporations cap
| italtzrd At more than $9a.nn0. CAr!.'"
! taxes on ho"r. wines and liquors 'rd
! miscellaneous stamp taxes. III" meas
| uro also crates Il tariff r"!nmI-~!"n.
provides fur in"rCas- ii tariff duties on
! Gvestuffs to encourages their mAnUiiic-
! ,,Irn in this country ri ma'>"s provision
| Ia safeguard against dumping Of for, ign
Inado goods after III" European wal in;o
| American markets..
! Drastic amendments to tn" bill Strik-
/ ing at tho Allied blaChliStn; Of NrA'i-
| ran merchants. discrimination 'HSnInS;
American commerce. interference" with
American malls and rmharC"S on Amor
| lean trade were incorporated In the bill
| 10 arm tho President with rridi'at"rT
| Weapons Th"s" amendments ha"' rr"-
| ;.ici CONSERVATION among diplomatic
| REPRESENTATIVES nf the Allied Powers N
| washington. who assert that il iInal!%
enacted as now sn"rn% certain. thc% w"uii
| constitute a non-int"rroursc 1t. ana lead
| 10 commercial warfare.