Bisbee daily review., 1921-03-15
ON|NITTEENEN FAVOR TARIFF
 REVISION FIRST
Soldier Bonus Bill To Be Part Of Republicans
 Fiscal Program

! WASHINGTON. March 14.-Formu-
 lation of definite program for tariff
 and internal revenue legislation con- fronted Republican members of the senate finance committee and the house ways and means committee to- day on meeting with Secretary Mellon
 Of the treasury department to draft
 detail recommendations to be submit
 ted to President Harding.
 Enactment of internal revenue tax legislation ahead of tariff revision.
 was advocated in a statement by Sen atOr Watson. of Indiana, a member of the senate finance committee. He also declared for repeal of the excess pro- fits taxes and the higher surtaxes and substitution of a moderate sales tax.
 A budget law and arrangements for payment by the allies of a definite amount of their debt each year also were urged by the senator.
 To Make Final Program Today
 Whether tariff or internal tax revi- sion shall be accorded second place Of the fiscal program was left for de- termination at conference which Chairman Penrose, of the senate con- mittee. and Chairman Fordney, of the house committee, plan to hold tomor- row with President Harding. The fi- nal program Penrose said, probably will be announced after this con- ference.
 Most committee members at today's conference were said to favor giving of right of way to tariff revision leg islation. Agreement. it was said, was unanimous against attempting to enact any temporary stop-gap tariff bill. the feeling being that the legislation should be permanent.
 The soldier bonus bill is to be a part of the Republican fiscal program, Senator Penrose and Representative Fordney announced. Financial re- quirements of the government for ad- justment Of compensation to former ' service men. were included in esti- {; mates considered at the conference and after the meeting Senator Pen rose and Representative Fordney an. Financial requirements of the government for adjustment of to former service men, ! were included in estimates considered at the conference and after the meet 1 ing Senator PenrOse predicted that l the bonus bill would be passed early. 1
 Watson FaVors Tax Bill First
 Senator Watson, Of Indiana, dec,ar- i ing internal tax legislation should i precede revision of the tariff. adding ! that the business world expects i'm ! mediate relief from the burden Of taxation"
 We should repeal excess profit | taxes and the higher surtaxes and i substitute a moderate sales tax and ! clarify and simplify the administra- ! tive features of the law" he said. |
 We should make definite arrange ! ments with our debtors to pay fixed l amount each year, so that we may have definite assurances as to just 1 how much we may expect.
 We should at once adopt thor OushgOing budget system so that we < may cut the costs according to pat ! tern and then proceed to the reduc- | tiOn or governmental expenses"
 Members of the committees in | agreeing to give preference to an bill, also decided to at ! tempt enactment of legislation provid- ! ing for American value of imports. | This legislation would apply to the ad | duties collected under the | Underwood law. Its result. Senator ! Penrose and Representative Fordney l said. would be to increase consider ably the revenues, now calculated on ] foreign instead of American values.
 Anti-Dumpine Bill Early
 The Republican leaders said they l expected to pass the anti-dumping bill l early. Representative Fordney esti- !! mated it would require only a few l days in the house and a similar esti- 1 mate for action was given by Sena- ] tor Penrose.