Great Falls tribune. [volume] (Great Falls, Mont.) 1921-current, 1921-03-15

whether tariff Tor internal tax re-
vision shall be accorded second place
on the fiscal program was left for
final determination at conference
which Chairman Penrose, of the senate
committee and Chairman Fordney. Of
the house committee plan to hold
Tuesday with President Harding. The
probably will be announced after this
conference.
Tariff Is Favored,
The majority of committee members
attending Mondays conference were
said to favor giving right Of way to
tariff revision legislation. Agreement,
it was said, was unanimous against
attempting to enact any temporary
stopgap tariff bill, the feeling being
that any tariff legislation enacted
should be of permanent nature. e
The soldier bonus bill, collateral
issue, is to be part of the Republican
fiscal program, Senator Penrose and
Representative Fordney announced.
financial requirements Of the govern
ment for adjustment of compensation
to former service men were included in
the estimates considered at the con-
ference and at the close of the meet
ing Senator Penrose predicted that the
bonus bill would be passed at an early
date.
Experts Aid Mellon.
All of the Republican senators of
the finance committee and all except
three of the Republican members Of
the house ways and means committee
participate in the conference. Secre-
tary Mellon was accompanied by
staff of experts.
Prior to the conference, Senator
Watson, of Indiana, one of the Re-
publican members of the finance com
mittee, issued statement declaring
that internal tax legislation should
precede revision of the tariff. adding
that the business world expects imme-
diate relief. from the great burden of
taxation now imposed upon it.
1--WE should at once repeal excess
profit taxes and the higher surtaxes
and substitute for them moderate
sales tax and at the same time clarity
and simplify the administrative fea-
lures of the law" Senator Watson
added.
1--WE should make definite arrange
ments with our debtors to pay fixed
amount each year, whatever the sum,
so that we may have definite assur-
ances as to just how much we may
expect from that quarter
Budget System Urged.
1--WE should at once adopt a through
going budget system so that we may
cut the costs according to pattern,
and then proceed in all ways to the
reduction of government expenses to
the lowest point consistent with eff
cient administration"
The members of the two committees
in agreeing to give preference to an
anti-dumping bill also decided to at
tempt enactment of legislation pro-
viding for American valuation Of i'm
ports This legislation would apply
to the advalorem duties collected under
the present Underwood law and is
policy which it is planned to write into
the new tariff legislation. It's result
Senator Penrose and Representative
Fordney said. would be to increase
considerably the revenues now calcu-
lated on foreign instead Of American
values.
The Republican leaders said they
expected to pass the anti-dumping bill
early in the new session. Representa-
tive Fordney estimated that it would
require only few days in the house
and similar estimate for senate
action was given by Senator Penrose.
Anti dumping legislation passed the
house last year, but was not taken
up in the senate. 1t proposes special
taxation Of foreign goods which are
offered below the cost Of American
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