The citizen. [volume] (Berea, Ky.) 1899-1958, 1921-07-07
By EDWARD W. PickARo.

After four months OF hard LABOR tne
ways and means committee OF the
house has completed the new perma-
nent tariff bill. It will be formally
reported to the house probably be
fore the end of the current week.
Then will begin a debate that VIII
seem like the good old times, for the
measure drastically revises the tarin
law under which we have been operat-
ing for eight years and restores tho
principle Of high protection for Amer
lean industry. Members Of the COM
mittee estimate 1t will bring In rev.
enue as high as $7O0,OOO,OOO year
more than twice the amount pro-
duced by the Payne-Aldrich law.
OF late years many Democrats have
changed their attitude toward the tar
IN to considerable extent, admitting
the truth of Hancock's dictum that
It is a local issue and favoring real
protection for the industries Of GER
tain parts Of the country. But few
II any Of the minority members Of
the house can be expected to swallow
whole this new bill without going on
yecord as upholding in general the
traditional policy Of their party
tariff for revenue only. A long debate.
therefore, may be expected.
There are some Republicans, also.
who are opposed to certain features
Of the measure and the closing eve
nings of the week were given up to
caucuses of the Republicans to com
pose their differences In several re-
spects the committee yielded at the
last. For instance, 1t Is left to the
discretion Of the President to impose
the duty on lumber planed on one
or more sides and tongued and grooved
equal to the 25 per cent ad valorem
Canadian duty. The committee also
gave In to the demand Of the smaller
oil producers and put a duty Of 80
cents per barrel on crude petroleum
and rs cents per barrel on fuel oil.
Among the more important general
features Of the measure are the follow
ing:
American valuation Of imports II
provided for, the century old system
Of foreign valuation being abandoned.
Broad powers are given the Presi-
dent to make reciprocal tariff relations
with other countries.
Duties much higher than In the for
mer Payre-Aldrich tariff law are i'm
posed upon chemicals and products Of
other Industries established during the
war which are considered essential
from a standpoint Of national defense
Far-reaching powers are given to
the tariff commission In restricting
imports Of dyes for a three-year ps-
riod.
Duties on automobiles are reduced,
IN compliance with the request of the
manufacturers, who advanced the ar
gument that such action would cause
other nations to remove high duties
on American cars.
Protection on agricultural products
about equal to that Of the Payne-Al
drich law Is given. rates In several
instances being less than In the emer-
gency tariff law now In effect.
different basis from former laws, and
II is a matter of controversy whether
the basic rate Is higher or lower than
In the Payne-Aldrich law.
Among the commodities on the free
list are: Agricultural implements,
animals imported for breeding pur-
poses, antimony ore, antitoxins and
vacclnes, bread. chromlte, coal, cobalt,
cocoa, coffee, copper ore. cotton, cork
bark. iron ore. leather. shoes, hides.
wood pulp, platinum, radium. silk
cocoons, news print paper. tapioca and
tapioca -four. tea, tin ore, works Of
art, and most kinds of lumber.
Despite the fact that the new tarin
will produce huge revenue. the need
OF reducing government expenditures
is AS pressing as ever. and President
Harding and Director OF the Budget
Dawes seem determined 20 bring about
that result. They met last week with
the cabinet and the heads OF all the
bureaus-the first meeting OF the kind
ever held-and had a heart to heart
talk on means TO meet the emergency.
Mr. Harding quickly gave the floor
to MIR. Dawes and that vigorous Chi
cagoan told the gathering In plain
language what he planned TO do and
what the others must do to help him.
Then he added;
The permanent success Of the bud
get system depends upon certain basic
principles. which at Its inception must
be so firmly established both as to
concept and rules OF action. that they
never hereafter will be questioned.
Continued on Page Seven)