Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1921-07-22


begun at once by the Senate Finance
Committee, Chairman Penrose said to-
day.
The dye. stuff embargo and the ques-
ton OF the American valuation viii
furnish the chief points Of contention IN
the Senate, in the opinion Of the Re
publican leaders.
The House paused TO catch its breath
today before tackilng the knotty prob
lem Of tax revision.
The House was not in session, but
members of the Ways and Means Com
mfttae have work on their hands. First
they must settle their own little private
row as 20 how hearings shall be con
Quoted on the question OF tax revision
Chairman ForGney Is Of the opinion
that the taxation revision bill can be eE-
teet the interests Of the farmers IN the
peditsd if Only treasury experts are al
lowed to testify. Representative Frear
Of Wisconsin, and other take exception
to this view and demand open hearings
for the public
SEVERAL PROPOSED
TAX BILLS READY.
The committee VIII have several pro
posed tax bills before it when it settles
down to real work next week. RepreSen-
tative LOngwOrth's bill introduced last
March. viii be suggested as the remedy
for the tax Ills. DR.. 7. 5. Adams, tax
expert of the Treasury, also has drafted
a proposed bill it is understood. Nearly
every member Of Congress has some
remedy 10 offer, even though he may not
have a completed bill 10 offer.
lively tussle on the question is an
tfcipated on all sides and today it seemed
that there was little certainty about tie
final result, except the excess profits
tax viii 60, hat income surfaces probably
viii be reduced, that taxes on the small
income will not be reduced, and that
many Of the sO-called nuisance taxes VIII
remain.
Battered and beaten. the agricultural
sroup in the House was rallying TO pro-
tect the interests Of the farmers IN the
matter OF tax revision. Taking stock. /
this group, headed by Representative
Young Of North Dakota. Tinchsr, Of
Kansas and Chandler, of Oklahoma, was |
forced to admit defeat in the tariff fight /
The group set out to secure duties on /
oil. cotton and hides and to break down /
the duties on lumber Oil, cotton ana I
hides went on the free list and tina /
President was given authority to provide .
duties on logs and lumber when he sees 4
fit Somewhat incensed rs this defeat, z
the agricultural group promises To have /
a very active finger IN the taxation pie /
HOUSE VOTE 2s7 TO
Is7 ON TARIFF BILL.
The Fordney tariff bill passed the I
House by vote OF PSI TO 12I.
Seven Republicans voted against the T
bill and seven Democrats voted for It. /.
The seven Republicans were Represeu- 7
tatives Beck, Lampert, VOight and John /
M Nelson Of Wisconsin, Sinclair %
North Dakota and Calm and Knight OF
Ohio. The seven Democrats were Rep I
resentatfyes Dupre. FsvrOt. Lazar0 and I
Martin Of Louisiana, Lea and RaEer II
California and Campbell Of Pennsylvania I
The bill now goes 20 the Senate The
House Ways aud Means Committee is 10 /
begin drafting revised tax legislation at
once and if the House should send the {
tax bill to the Senate before the tariff il /
reaches the Senate floor il Is likely tariff I
legislation would be suspended in the /
Senate long enough To permit passage /
OF the tax bin without delay
The House reversed the committee OF
the whole on three important amend /
ments those relating 20 the dye embargo. !
free hides and free cotton.
The House. by q vote Of 200 to lSd. J
adopted the amendment of Representative +
Frear OF Wisconsin striking out the sec
lions which give the tariff commission
authority to Impose for three years an
embargo against foreign dyes such as
are manufactured in this country. The
committee OF the whole last week re
jected the Frear amendment by close
vote.
HIDES BACK
on FREE LIST.
Hides were restored TO the free list.
The amendment approved previously
BY the committee OF the whole mpos-
ing a duty OF i per cent on hides met
defeat BY a vote OF Ia to %. This
was the result Of the refusal OF the COM
mittee of tie whole to approve cO1pen-
satOry duties on leather anc shoes /
Failure of the western advocates OF a
duty on hides to support the compen-
satory duties caused them TO lose what
they had gained for themselves.
Long staple cotton also went back TO
the free list for the same reason as
hides The House voted down an amend
ment placing a duty Of - per cent ad
valorem on long staple cotton by /
vote OF 19S to 217. The same amend /
rnent was approved earlier IN the week
by the committee OF the whole. The
committee Of the whole. however. this
morning rejected compensatory duties
on manufactures Of long staple cotton. /
No roll calls were demanded in the
case Of the two other amendments
which were given preferred eonsidera-
ton in the committee OF the whole ami
, in the House under special rule. one
\of these amendments placed crude pc
1roleum and fuel oil on the free list
while the other placed asphalt on the
Tree hst
FORDNEY DECIDES
NOT TO PRESS NATTER.
Representative FOrdney, who had
favored duties upon both as provided
in the bin reported from the ways and
Means Committee, announced that in
view of the overwhelming sentiment
shown in committee Of the whole against
any duties he would not press the matter
further.
The remaining amendments. total
ing nearly 200 which were adopted by
the committee Of the whole upon the
recommendation Of the ways and Means
Committee, were approved by the House
en- bloc by a vote Of 2S9 TO 129.
Previous 10 the final roll call, Repre-
sentative Garner OF Texas, ranking Demo
crat on the Ways and Means Committee.
presented a motion 10 recOmmit with in
strucdOns to strike out the American val
uatiOn section and the provisions giving
the President power to make reciprocal
arrangements with other countries. This
motion met defeat by q vote OF 12T 10 80, /
the lineup being practically the same as
on the final vote.
The motion 10 recommit furnished the
only opportunity which the House has had
to act on the question Of American val
uation. The vote, however failed TO show
any desertions from Republican ranks
During the debate earlier In the day, Rep
resentative SABBATH OF Illinois, Democrat,