New-York tribune., 1921-05-19
'ellroseExpects
Tariff to Pass
gefore Sunday
,l,,.ure Agreed To in Com
81 terence Similar TO Senate
R;II: Limit ON Dyes Re
.,ricted To Three Months
s,rn,anent Law by July L
wave on Foot for Sched-
ales to Take Effect When
geported by Committee

~se Tribxaes Washington BureGu
ssssEtNGToN, May 1S.--The emer-
- tarig bin was agreed to in con-
-. committee of the House and
1 s.,e this afternoon. Senator Pen
S chairman of the Finance Commit
sslowing the agreement. said he
s,ved the measure would become a
4 tsis week. Efforts will be made at
q ends of the Capitol to have the
terence xeport adopted before the
,es closes.
IL bill SIS agreed to in conference
,attically the Senate bill, with the
.sstiou Of an amendment to the Knox
...eis;on extending war control over
.,artstiou Of dyestufFs. The con-
,,..s limited this amendment TO three
s.stbs instead of six months, as pro-
sss5 for in the biil as it passed the
ssrator Penrose described the changes
III in the anti-dumping and valua-
q features OF the Senate bill as i'm
s,,srial and chiefly clerical.
Tbe Senate agreed to the change in
], tims Of enforcing the dyestuffs pro-
;sps said Senator Penrose. "This
4 i, done in the belief that it will go
Ing way toward mitigating opposi-
N which otherwise it seemed might
gSsaa to It."
4 Farm Features Unchanged
4 lie agricultural aarifF features Of
= bal are the same as those which
rrs agreed to by the House and SEN
h These features were not in con-
h,,-ce, as matter OF fact, as they
m agreed TO by beth Houses in the
Eze form.
he conferees felt impelled TO reach
sgreement without more delay, be-
s,.e Of much comment to the effect
!. emergency bill seemed likely to be
III back until the permanent bin
usssd, thus making it useless,
senator Penrose predicted the perma-
n. tariff revision bill would be re-
nyed to the House in two or three
usss and would be passed by the
I,ase before July He thought the
x,ste would act on it without great
saAy
Referring to the revenue hearings
|siore the Finance Committee, Senator
pnose said that unless further appli-
aasns for hearings were received, the
sarngs would end a week from to-
ID The committee will take testi-
g,gy for the next week on the sales
u. excess profits taxes and other
TINS Of taxation.
The emergency tariff bill provides
:a rates of duty ranging from 40 cents
i ssashel TO fraction of cent a pound
s agricultural products for period
Il III months to protect the farming
T,esssts.
TAa anti-dumping provisions stipu-
,s.s hat additional duties win be levied
On III products for the protection of
Amsricaa industries and iahor against
wnat is eonsidered common species of
commercial warfare of dumping goods
on Ansriean markets at less than cost
or home value.
Tie Valuations provisions of the bill,
ss agreed upon, are designed to equal
izs foreign exchange values for GUS
toms purposes. The exchange value
b the currency Of some foreign coun-
tlss importing goods Ito the United
Sa.es is in some instances so low that
Aa amount Of duty collected is small.
IBIS phase of the bill limits currency
tspreciation TO 66 2-3 per cent in order
aas this government will be able to
sllsct some portion of the duties which
tosgress intended to impose on i'm
Ntted merchandise.
Steps were taken in the House to-
tiy toward having the schedule of
niif rates to be fixed in the perma-
mt tariff bill go into effect on the
sy the measure is reported out of the
taRmlttee on Ways and Means. This
Sad save 8 delay of from eight to
se months before the bill is enacted,
! y estimated.
!. ms move was made by Representa-
se Nicholas Longworth, Republican,
q ohio. d member of the Committee
!. = Ways and Means who introduced
lsas resolution which would give the
.oannittee the authority to write such
= emergency clause into the bill.
Aims to Protect Industries
ADOPTION Of the resolution, which has
sRa discussed quietly among mem
va va of the committee and leaders
! sas house for more than two months
y sssaa give emergency protection to
= 4. industries. 1t would substitute for
r. taSes In the Underwood Simmons
I. ~ ana the emergency tariff bill, now
= sonierence, the rates in the new
4. bill. 1t is planned to report
~ -. permanent measure out of the COM
sI.sse by June or soon thereafter.
II II emergency tariff law, therefore,
w is;,.,. ee effective probably less than
10y ii,ssss Gays should the Longworth reso-
laI1ol Dr be adopted.
n.y., WI the government and the manu-
nj. seI would be protected during the
49, Delofe the permanent tariff is
~ under the Longworth plan.
i a. ss.e secretary of the Treasury would
n essnofized s.:a, to require bonds upon
NJ. .sithdrawal of merchandise from
1J.'alS .Il. warehouses to eover anv nos
& isti. additional amounts of customs
aaets, saicn may become due upon
eTTss'ment Il of the bill,
sAo,I1 - oiut1on also provides that
,ssssss sesnla the Secretary of the Treasury
,assra. satisfied that conclusive action
!.es 4se 70 the passage of such bill has
~. ssaken IN either House of Con-
a,ig asl,al - snall release all persons from
,s;nLlgations on such bonds.''
y u enments of small value. inc}ad-
nsy nose transported in the mails.
ssa exempted from the operation
Il resolution in the discretion of
Ssistafy of the Treasury.