New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-07-31
Senators Drop
Rate Farley to
StudyEmbargo
Hearings on the Valuation
Policy i'm Tariff Bill
Also Are Moved Forward;
Sharp Clash Is Expected
Penrose Warns of DELAY
Ban on Foreign Goods
Is Not Likely to Win
Approval of Committee

FROM nc 1raoefte,s washington Bureau
WASHINGTON, July S0.--The pro-
gram of the Senate Finance Committee
on hearings on the tariff bill will be
modified SO that decision will be
reached by the committee both on the
policy Of embargo and on American
valuation before going ahead with
rates.
This was announced by Chairman
Penrose to-day. The committee will
give hearings Monday, Tuesday and
Wednesday on valuation and embargo.
and then will reach decision on the
policy as to both questions. 1t will
then take up once more the hearings
on the rates of duty.
Talk persisted to-day that the valu-
alton plan of the House would be
dropped. Moreover, Senators on the
Finance Committee are criticizing some
Of the House rates as haphazard and
based on guesswork. The upshot is
likely to be a sharp clash in confer
ence when the tariff bill gets to that
point, provided the committee decides
against the Americansya valuation plan.
Expressions of members of the COM
mittee indicate that the embargo policy
will not be approved by the committee.
Not only do dyestuffs interests in this
country ask an embargo on German
dyes, but demands for embargo in
connection with other features of the
chemical schedule are made. In case
no embargo policy is permitted, the
committee will fix tariff rates sufficient
ly high to meet what it deems to be
the requirements of the situation.
Opposes an Embargo
The question of embargo came up at
the hearings on the chemical schedule
to-day. H. c. Wright, representing
perfumery manufacturers, declared his
association was against an embargo
This led Senator Simmons, ranking
Democrat. and Senator Smoot, promi-
nent on the Republican side, both TO
say they were opposed to the embargo
Senator Smoot said he was against the
embargo policy and that as to chemi-
calls which some witnesses said were
imperiled by importations, especially
from Germany, there could be ample
protection given otherwise. He favored
American valuation.
Levi Cooke, of Washington, repre-
senting manufacturers of coal tar
medicines and synthetic drugs, in
sisted that an embargo was necessary
on these articles or else that the duty
must be SO high as to give protection
to industries built up in this country
since the war against the German car
tel system. He said the German cartel
system was more powerful now than
before the war and would crush the
chemical industry in this country un-
less adequate steps were taken for
embargo or protection.
Senator Penrose at the hearings to-
day sent out an emergency call for
more speed on the hearings if the
tariff bill is to be enacted before snow
flies. He said there were 1872 requests
for time to discuss phases Of the bill
when the hearings opened and since
then this number has grown to 268.
Warned Against Delay
Senator Penrose warned the commit
tee there would be considerable snow
on the ground before there is new
tariff law" unless the hearings were ex-
pedited. He urged that witnesses con-
fine themselves to their subjects, and
not ramble, and that Senators ask def
mite and specific questions.
Indications now are that the hear
ings on rates will stretch out longer
than at first anticipated. 1t will be i'm
possible to close them up in two weeks
time, which was originally fixed for
hearings. Many delegations are headed
for Washington from the far West,
especially from the Pacific Coast states,
to ask for higher rates on their prod
ucts than were fixed by the House.
These delegations are strongly backed
by their Senators and House members,
and it will take time to dispose of
them.
The slow progress on the tariff bill
In the Finance Committee is viewed
ccomplacently by Senator'S who want to
force the tax bill ahead of tariff. They
calculate that if the tariff bill is not
too far along in committee when the
House passes the tax bill it can be
temporarily sidetracked.