Iowa County democrat. [volume] (Mineral Point, Wis.) 1877-1938, 1921-07-28
TARIFF MEASURE
To BE RUSHED
Senate to Begin Consideration of
Bill at Once.
SIDETRACKS TAX REVISION
Decision Of Committee Is Unexpected
Senator Penrose Hopes That
Hearings on Bill Will Be Com
cIuded Within TWO Weeks.


the tariff bill passed Friday by the
house will be begun Monday by the
senate finance committee, Senator Pen
rose of Pennsylvania. the chairman,
announced.
The unexpected decision not to defer
the hearings two weeks was arrived at
by the committee at meeting immedi-
ately following the senator's reference
of the bill to the finance committee.
It is hoped to conclude the hearings
within two weeks, Senator Penrose
said, although they may be interrupt
ed should Secretary of the Treasury
Mellon announce his readiness to re-
appear before the committee on the
matter of funding the foreign loans.
However, Senator PenrOse declined to
express an opinion as to when the bill
would be ready to be reported to the
senate.
Tax Revision Not Urgent.
Senator Penrose indicated that SEN
ate leaders have not yet decided to
yield to the urgent demand for the con-
tariff, although the plan is known to
have the Presidents approval.
He expressed the opinion that there
might be some difficulty in making the
change because Of the progress made
On the tariff bill, but intimated that
they might be combined as an emer-
gency and passedtas single piece of
legislation.
II would just as soon have the book
in two volumes as One," he declared.
1T might prove possible to handle 1t
this way, but the question Of prece-
dence will be largely determined by
the action on the tariff bill. If it can
be passed quickly, as l think 1t can,
there will be no need for a change IN
the program"
Outlining plans for handling the tar
iff bill, Senator PenrOse said hearings
will be held first on the American valu-
alton feature of the Biil, because 1t Ia
the foundation on which the entire
rate structure is erected. If it should
be eliminated, all of the rates would
have to be revised.
experts" to Be Heard.
Members Of the tariff commission
will be heard at the first session.
George Davis, special agent in charge
of the New York customs office, and
Otto Fix, who has charge Of compare
tive valuations in the same Office, also
have been INVITED to attend. Both
men are experts on valuation prOvi-
sions.
Beginning On Friday, hearings will
be conducted on the schedules In the
order In which they appear in the
Fordney bill. A determined effort is
expected to be made to have the sem
ate restore the dyestuffs embargo pro-
vision of the bill, stricken out by the
house just before the bill was put upon
it's final voteiThursday afternoon.
ut is the intention~of the commit
tee" said Chairman Penrose, ito hear
business men after the. testimony Of
the tariff commission and the experts
has been concluded. We hope to con-
clude all Of the valuation hearings by
AuU4 6Udy, dAu dAlCA CklhL VIC Will Ldh0
up the. schedules in regular order as
they appear in the tariff bill, beginning
with the chemical schedule. This will
undoubtedly open up the question Of
the dye embargo, which is the contro-
verified article In the chemical sched-
ule, and this may occupy a good deal
of time.
May 'Rewrite Bill.
eve hope to close the hearings with
, in two weeks from Monday an earnest
effort will be made to finish within
that time. After that we will take the
bill UP with treasury officials in order
to have the benefit Of their advice in
writing the BILL"
| The last four words in the chair
mans statement are taken to indicate
that the senate committee may entire
ly rewrite the measure, as frequently
has been the case in past tariff and
revenue legislation sent over from the
house.