New-York tribune., 1921-03-15
House and Senate Leaders
Plan Passage at Outset
of Special Session, Also
ACKNOWLEDGEMENTS
Drop Emergency
Legislation Plans
Tax Revision Comes Next:
Conference Favors Sol
der Bonus at Early Date
From The Tribune's Wash;noton B,,r.,

p WASHINGTON, March 14.-At u
Joint conference of Republicans of the
House Ways and Means Committee
and the Senate Finance Committee this
afternoon it was decided tentatively
to pass permanent tariff legislation
chead of legislation to revise the tax
laws.
1T was also decided to pass at the
outset of the extra session in April
an anti dumping measure and a bill
Under which ad valorem duties will be
assessed on the basis of the American II
value at the port of entry in this
country. The same principle as to the
assessment Of ad valorem duties will
be applied in the permanent tariff law.
No emergency tariff bill will be en-
actcd, according to the decision of the
conference
The entire action is subject to such
decisions as may be reached at a con-
ference of President Harding and
Chairman Penrose of the Finance Com
mittee and Chairman Fordney Of the
Ways and Means Committee tomorrow
The trend of opinion at the confer
cnce to-day was in favor Of the pro-
gram rs given. The Ways and Means
and Finance Committee members were
unanimous in the opinion that it was
not advisable to pass an emergency
tariff bill, and that it would be i'm
practicable.
Tariff Advocates Win
A strong minority favored taking up
taxation revision ahead of permanent
tariff legislation, but the majority ia
vored tariff legislation first.
1t was the opinion OF those at the
conference that soldiers bonus law
should be enacted. On the basis of
figures already made public by Senator
McCumber it is expected the cost fol
the fiscal year will be. about S4o0.-
100000, which will gradually diminish
from year to year. Estimates of the
total cost range from $4,000, 900 900 to
$4,000, 1000, 900.
Senator Perrose. chairman of the
Finance Committee, after the confer
ence, predicted that soldiers bonus
legislation would be enacted at an
early date and said it was thought that
IL cOuld be provided for.
Chairman Fordney, Of the Ways and
Means Committee. said the needs of
the government, which will guide cal
culations on the amount of revenue
from various sources, had been esti-
mated at about $5,000,o0O,000 yearly.
Mellon Attends Conference
Secretary of the Treasury Mellon
with a corps Of experts. was at the
conference. Chairman Good, of the
House Appropriations Committee. was
not present, but was repre- esented by
Marcollus O. Shield, clerk Of the COM
mitten. Senator Penrose, following the
conference, said:
81 was authorized on the part of the
joint meeting to say that it was the
mittee to send to the Senate immedi-
ately an anti-dumping bill and bill
providing for the American valuation
of imports under the Underwood law
II is the purpose to give notice to the
country that something is being done
ard it is the thought that the legisla-
ton mentioned will be quite effective
in giving relief. The sentiment for
these measures WAS unanimous, and my
belief is that they will pass both
houses as soon as they come up, anC
WIN large degree Oh undnlnlly.
"The gentlemen present discussed at
considerable length the details of a
program, and varying views were ex-
pressed as to priority of tariff or tax
alton legislation. The prepondcrance
of opinion seemed to tend toward the
taking up Of tariff legislation first, but
with the suggestion that as nearly con
currently as possible action should be
proceeded with in connection with rev.
enue legislation, SO as to assure the
taxpayers Of relief. In other words, ar
effort will be made to press both meas
ures along as early as possible"
Senator Penrose explained that i
the House Ways and Means Committee
should take up the tariff and hold hear
ings, the Finance Committee would pro
ceed to hold hearings on certain phases
OF revenue legislation and would alss
take up the tariff as soon as the House
sent the tariff bill to the Senate. lie
said he hoped to see the whole situa
tion worked out charm moniously ant
promptly" and hence did not regare
fContlrued on paue three)