Omaha daily bee., 1921-08-13
Valuation Plan
Of Fordney Tariff
Measure Adopted
Republicans Exclude Demo.
Gratis From Further Commit
toe Hearings on BilI.-Con-
slider Dye Embarko Today.

Washington, Aug. l2.-Advocates
of the American valuation plan won
a victory when republican members
of the senate finance committee ap-
proved the principle of the scheme
as embodied in the Fordney tariff
bill.
A number of amendments making
more specific some of the provisions
were considered and will be formal
ly adopted tomorrow.
Action on the proposed dye EN-
barge also will be taken tomorrow.
Before approving the American
valuation plan, the republican men,
bers decided not to permit the demo-
Gratis OF the committee to participate
in further executive sessions relative
to the tariff bill. Senator Penrose,
chairman of the committee, an
nounced last week that the American
valuation plan and the dye embargo
were not partisan matters and that
action upon them would be taken
with the democrats present, although
the republicans would decide on
rates of duty without the assistance
of the minority. 1nasmuch as the
democrats were lined up solidly
against the American valuation plan
and might have had the support OF
one OF two republicans, action on
the proposition might have been of
a different nature if they had been
allowed to remain.
Oppose Dye Embargo.
The democrats are also against an
embargo on imports of dyes.
Whether their election from the COM
mittee sessions means that the re-
publicans will vote to restore the dye
embargo provision in the Fordney
bill is uncertain. Strong pressure
has been brought by administration
leaders to induce the finance COM
mittee to approve the embargo and
it is considered quite possible that
this action will be taken.
Republicans members of the house
ways and means committee will meet
with the republicans of the finance
committee tomorrow morning to dis
cuss the American valuation and dye
embargo provisions.
1t was stated that Representative
Longworth of Ohio, leading advo-
cate of the dye embargo, is prepared
to suggest some notifications in the
embargo scheme as rejected by the
house, following favorable action by
the ways and means committee.
Principle Unchanged.
The amendments to the American
valuation sections of the Fordney
bill do not change the principle.
They were proposed by George C.
Davis and Otto Fix of the customs
service, who were in conference
with members of the committee to-
day.
Mr.. Davis and Mr.. Fix opposed the
adoption of the American valuation
on the ground of administrative diff
ficulties involved, but when they
found the committee was determined
to approve the scheme, joined in an
effort to make the plan more work
able.
The American valuation plan will
provide as heretofore, that the duties
shall be assessed on the wholesale
selling price in the principal Ameri-
can markets ON the date of exporta-
ton from a foreign country. An
will provide specifically |
that the comparable wholesale SELL
ing price of American articles shall |
be the basis of valuation and where
compatibility cannot be established |
by the appraiser, that the basis shall
be the American wholesale selling
price of comparable imported arti-
c1es