The sun., 1919-05-21
Dyestu Ms Law Exists.

The President finds that in some d.
rections there is need for attention to the
tariff and says that among the indus
tries to which special consideration
should be given is that OF the manu-
facture OF dyestuffs and related chemi-
Gals.
Now. Congress has passed. the Pres,
cent has signed. and there IL now on
these statute books. a law for this very
purpose. can't understand. in the cir
cumstances. what the President wants
done
Still more interesting to Senator
Smoot was the Presidents recommended
ton OF early attention TO the tariff with
purpose TO establish anti-dumping legis-
lation. which he strongly recommended
That sounds odd" said Senator Smott,
I'm view OF the fact that when the I'm
derwood tariff legislation was in the
Senate is contained an anti-dumping
provision, and his own partys COM
mttee on finance cut It out and was sus-
tanned by the Senate"
Then Senator Smoot turned TO the
Presidents observations that least of
all should We depart from the policy
adopted in the tariff act OF 1913, OF
permitting the free entry OF raw mate
rails needed 10 supplement and enrich
our own abundant supplies.
las n matter OF fact" Senator Smoot
said, tine Presidents own tariff legisla-
ton first inaugurated the policy OF i'm
posing duties on many raw materials
coming into this country and needed by
our industries"
Regarding the Presidents nat state
ment that the railroads would be re-
turned to the corporations owning them
at the beginning of next year Senator
Cummins Gowa). Republican. who will
be head OF the Senate Interstate Com
MERGE Committee, said he regarded the
statement as merely an easy way OF an
nouncing n general attitude
III by the opening OF the next year we
have passed legislation establishing our
policy as TO the railroads they will be
returned to the companies" he said. "lf
We have not they will not be returned. ]
think that by that time we will have
passed such measures But u II Is not
ready by that time the roads will not
be returned
II myself am in favor OF returning
them after We have determined our plan
OF handling them for operation by their
owners. pending the perfection OF ad-
mlnlstrative measures for carrying our
plan into effect. But they cannot be re-
turned unless We continue guarantee
OF compensation to them. though I be-
lieve II should be reduced 5000. 900, 900
or 5000. 900. 900 year as wished to do
when we were taking them.
Meanwhile. during the period they
are in the hands of the companies and
getting the continued benefit OF the
guarantee. the Interstate Commerce
Commission can adjust rates to produce
a proper relation of revenues and ex-
nenoitures TO insure that, under the per
nanent plan for their reorganization
they will be able to sustain themselves
we will have TO fund the debt tina,
the roads will at that time owe to the
Government. II no part OF the advances
We have made to them Is deducted from
the compensation we have agreed to give
them, this figure will reach certainly a
billion, perhaps a billion and a half OF
dollars. We gave them a revolving fund
Of $500. 900. 900 and It's gone and they
are asking another s75o.0o0, 900. in.
clu6G the deficit the Government has in
CURED in operating the roads"
Here follows the comment OF other
Senators and Representatives
senator PeDrose tPa1. Republican
81 agree With that part OF the MESA q