New-York tribune., 1921-08-08
No Tariff Until
Snow Flies, L.
View i'm Ca piital
Doubt Expressed Wheilles'
Measure Can Be Enacted
Before November |, and
Possibly y Muchs Later
Favorable FOR Tax Action
Advocates Of Precedence for
Levy Revisions Encour.
aged 10 Push Program

From The Tribune 5 Washington Bureau
WASHlNGTON, Aug. T. The new
tariff bin will not be written into law
until snow flies according to pre-
dictions of Senator's and House mem
bers who are keeping in close touch
with Developments
For the last week or so the fore
casters have been the mere inclined to
be pesslmistic of speeding up the bin
because of the slow progress made by
che Senate Finance Committee.
Lutte indication is given that the
bill can be finally enacted before No
Vember /, and many we'll informed
members of Congress think it will be
later than that.
With the Finance Committee finding
difficulty in Fastening the tariff bill
Chairman Fordney of the House Ways
and Means Committee continues to
hope that the tax revision bill Will be
reported to the House in ten days. If
this forecast holds good the tax bill
will have been passed by the House and
sent to the Senate and there referred
to the Finance Committee long before
the tariff bill is ready for a report from
the same committee.
Tax Advocates Hopeful
Under the circumstances, the Sen
ators who have all along advocated pas
sage of the tax bill ahead Of the tariff
bill are becoming more and more hope
tul that they can carry out their pro
gram. 1t would be easy enough to do
1t provided maj iority of the Finance
Committee on receiving the tax bill
should vote to halt the tariff measure
and thrust the tax bill in front of it.
President Harding, as he indicated
some time ago, Is anxious TO have the
tax bill expedited, and Senators who
want the tax bill put ahead will en-
in the Senate to that end. How far the
President Will be willing to go in this
matter, however, is in doubt. To put
the tax bill ahead would cause sharr
objection from great number OF
manufacturing interests. anxious tc
have the new tariff measure enacted
Moreover, the influence of Chairman
Fordney Of the House Ways and Mean.
Committee is not friendly to forcing
the tax bill ahead. Thus there are OBJ
stacles in the way of hurrying the ta,
bill, in spite of the fact the prosperity,
early passage of the bill by the Hous,
| fits in with the plans of Senators VIII,
want to revise taxes before revising
tariffs.
When the Finance Committee tool
up the tariff bill Chairman Penrost
said the hearings ought to close in twt
weeks. Two weeks have passed and thu
! hearings have barely got we'll started
The committee plans to devote Monda!
( and Tuesday to dyestutfs and valua
ton hearings and then to have execu
tive sessions on the questions Of EN-
barge and Of adoption Of the American
valuation plan Of the House bill. It j
not expected the committece will have
| hearings on rates after Tuesday unit
the beginning Of the weel. following
or August Is.
Many Seek To Be Heard
About 400 applications to be heard OF
rates have been filed with the com
mittee Many Of the interests ask
ing hearings are backed by Senator
and House members and cannot b.
thrust to one side without considera
ton. Indications are, therefore, tina
hearings on the bill, even if the ia.
bill does not interrupt, will not b,
closed much before September [. Ii
the opinion Of some Senators it viii
be the middle OF September befor
the tariff bill is reported back to tn,
Senate.
Not less than a month OF debate OF
tariff is expected in the Senate. Thu
it is expected to be the middle o
October and perhaps later before tn
tariff bill passes the Senate. Afte
that, it would take two weeks or NOR
to get the bill through conference ant
secure adoption OF the conference re
port in both houses.
With the tax bill following th
tariff, therefore, it is easy to see tina
it is likely to be November O
later before the tariff measure i
enacted. If the tax bill is put ahead il
the Senate, it is regarded as probabl
that the tariff measure Will fail t.
reach enactment before the end o
November and possibly until the reg
ular session meets in December