The Manitowoc pilot. [volume] (Manitowoc, Wis.) 1859-1932, 1921-07-28
SENATE TO RUSH
TARIFF MEASURE
Upper House to Begin ConSldera-
ton of Fordney Bill at
Once.
DECISION WAS UNEXPECTED
Senator Penrose Expresses ropes
That Hearings on Measure VIII Be
Concluded Within TWO Weeks
Tax Revision Not Urgent.

Washington, July 25.-Hearings on
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 al
by the committee at meeting lmnedl-
ately following the senator's reference
OF the bill to the finance committee.
1t 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 10
express an opinion as to when the OIL
would be ready to be reported to the
senate.
Senator Penrose Indicated that SEN
ate leaders have not yet decided TO
yield To the urgent demand for the con
sideration Of tax revision before the
tariff, although the plan is known 10
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 bin, but intimated that
they might be combined as an emer-
gency and passed as a single piece Of
legislation.
81 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 1t can
be passed quickly, as | think 1t can,
there will be no need for change in
the program"
Outlining plans for handling the tar
III bill, Senator Penrose said hearings
will be held first on the American yalu-
alton feature of the bill, because it is
the foundation on which the entire
rate structure is erected. If ii should
be eliminated all Of the rates would
have to be revised
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 comDara-
tive valuations in the same Office, also
lave 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 sen
ute restore the dyestulfs embargo pro
vision Of the bill, stricken out by the
house just before the bill was put upon
its final vote Thursday 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
Cudc all Of the valuation hearings by
Thursday, and after that we will take
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-
yertcd article in the chemical sched-
ule, and this may occupy good deaf
of time
I'VE hope to close the hearings with.
III 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
~ rewrte the measure, as frequently
las been the case In past tariff and
revenue legislation sent over from the
house.