The Abbeville press and banner. [volume] (Abbeville, S.C.) 1869-1924, 1921-03-16
HARDING FAV0RS
c. 0. P. PROGRAM
GIVEN TO PLAN OF
LEADERS. MOVES IN CON-
GRESS. ANTI-DUMPING AND
AMERICAN VALUATION. OF
IMPORTS MEASURES CALLED
UP FIRST AT SPECIAL SES-
SION IN APRIL

UP FIRST AT SPECIAL SES-
SION IN APRIL
| Washington, March 15.-Approv-
al was given by President Harding
today to the proposal to make anti
dumping and American valuation of
imports the first fiscal legislation to
be enacted at the special session of
congress, called to meet April II.
The president meeting with
Chairmen Penrose and Fordney, of
the senate finance committee and
the house ways and means commit
tee, respectively, agreed to the de-
cisions reached at yesterdays con-
ference. of Republican members Of
the two committees and Secretary
of the Treasury Mellon, and it was
indicated he promised to throw his
influence behind the two measures
definitely decided upon.
The question of whether priority
should be given tariff revision legis-
lation or internal tax revision meas
ure was still undecided, Senator
Penrose and Representative Ford
ney said after their call on the pres
ident.
Mr.. Harding discussed the matter
with them, they said, and, in view of
inability of Republican members of
the two committees to reach a un-.
animous agreement op the question:
indicated that he desired to consider,
the matter further before arriving
at recommendation.
Other members of the two COM
mittees, the chairman said, probably
will be called into conference with
the president with the idea of reach
ing an agreement acceptable, if pos
sible, to all. The two chairman stat
ed that they expected>to hold anoth-
er conference with the president
soon, probably before the end Of the
present week. i
The president seemed to be in
complete accord with the agreement
reached at yesterdays conference
that the anti-dumping and the Am
erican valuation of imports. legisla-
tion be rushed through as soon as
possible after congress convenes,
the two chairmen said. Chairman
Fordney, whose committee will have
charge of the drafting and report
ing of the legislation, said the two
measures probably would be COM
bined in one bill, which, he said,
would be ready for consideration by
the house as soon as it convenes.
Anti-dumping legislation, as pro-
posed at yesterdays conference,
would be designed through special
tax to relieve American manufactu-
rers from competition with imports
selling below the cost of American
products. The other proposed legis-
lation would provide that ad valo-
rem duties on imports shall be levied
on the basis of the American dollar
instead of the point of origin. This,
sponsors of the legislation declare,
would eliminate the advantage now
held by foreign manufacturers
through the difference in exchange.
The committee chairmen, in dis.
cussion priority of tax or tariff re-
vision were understood to have
laid before the president the view Of
the majority of the two committees
that tariff legislation should have
precedence with tax revision closely
following. The views of those who
believe tax revision should. precede
any changes in the tariff also were
understood to have been presented.
The president hurried back to the
White House from a game of golf
to meet the two chairmen and i'm
mediately went into co2ference
with them wearing his golf clothes.
The conference lasted about three
ouarterS of an hour.