Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1916-09-08

O0U.OOU Panama Canap bonds.
Congress established tariff COM
| mission: a government shipping board
to rehabilitate the American merchant
marine: workmens compensation
| commission to administer a new uni
form compensation'Iaw; farm loan
banking system: a child labor law: en-
larged the system of self government
| in the Philippines and enacted many
other important laws.
Important Legislation.
Most important legislative enact
| ments of the session. exclusive of laws
for national defense, included the fol-
lowing:
Government Ship Law-Appropriat-
ing S50.000.000 to operate ships in for
eign and coastwise trade when unable
to lease them to individuals or private
corporations.
Child Labor L.aw--Denying inter-
state commerce to products of mines
and quarries employing children under
IS years, and in factories. mills. can
neries and other establishments en-
ploying children under IA years.
Rural Credits Law-EsstabliShiug a
farm loan board in control of a sys-
TEN OF farm mortgage banks.
Workmen's Compensation Law -
Providing uniform sick and accident
benefits for employees OF the federal
government and benefits to depend
ents in case of death.
Emergency Revenue Law-Providing
for doubling the normal income tax on
the lowest class: making an additional
surtax ranging from one per cent on
n e
$4,000 to l3 per cent ON amount of
incomes in excess of $4,000 900: levy
inYa graduated tax Of one to ten per
cent on inheritances ranging from
s50, 900 10 5000. 900; a 10 per cent net
profit tax on manufacturers of NUM-
tons: per cent net profit tax on
manufacturers OF materials entering
into munitions; a license tax on actu-
ally invested capital stock OF corpor-
atoms capitalized az more than Sss,-
900: wine, beer and liquor excise taxes
and miscellaneous stamp taxes.
Good Roads Law--Prcviding Tor CO.
operative federal aid to the states for
construction OF highways. and appro-
priating s75,ooo.OoO TO be spent in five
years
Postal Savings Law Amendment
increasing the amount which individ-
uals may deposit from $500 to 81 600
with interest and an additional 81 900
without interest,
Federal Reserve--Amendmen in
Guiding amendment to the CLAYTON
antitrust law, permitting officers and
directors of member banks to become
officers and directors OF not more than
two other non competing banks:
amendments permitting national banks
10 establish foreign branches, liberal
iging regulations for discounting COM
mercial paper and permitting mem
Der banks in towns of 5000 or less
population to act as agents for insur-
ance companies.
Railroad Observation-Disclosures of a
joint sub committee of senate and
house interstate commerce committees
to investigate necessity for further
legislation for railroads and the inter
state commerce commission, question
utilities and comparative worth of gov
eminent ownership as against govern
ment regulation.
Tariff-Creation of a non partisan
tariff commission of five members to
investigate anu ADVISE congress on
tariff revision; repeal of the free
sugar provision of existing tariff law:
amendments increasing duties on dye
stuffs to encourage manufacturing
dyestuffs in the United States: enact
nent of an anti-dumping provision to
prevent dumping of foreign made
goods at less than foreign market
prices: authorization for the president
to retaliate against foreign nations
prohibiting importation of goods from
the United States by laying an EN-
bargo against imports from offending
nations.
Cotton Futures Act--Providing a
prohibitive tax on cotton sold for flu
tire delivery in fictitious or wash
sales.
Philippines-Law to provide for a
more autonomous government of the
islands, enlarging self government. re-
organizing election laws. establishing
an elective senate and promising in
dependence whenever. in the Judgment
Of the United States, the Philippine
people demonstrate capability for it.
Appropriations Over $1,000 ,00O, 900.
Appropriations for all purposes