The Hartford republican. (Hartford, Ky.) 18??-1926, 1921-07-22
WORK OF CONGRESS
EXPLAINED BY TESS
Tariff aud Tax Legislation Only Par,
or Task Undertaken
10y Republicans.

81 'nt lnltcC states is tOiR ~ t'hdir-
man Simeon J.. Fess, OF he Maternal
Il Hvblican Ccngressionn, Committee.
IN statement issued today lie
SAYS:
Tariff legislation absorbs the time
of the session that onacts IT, From
the day of the passage Of the TN
derwood bill it was known that it
would have to be repealed. Before
the year that saw its passage was
ended, general stagnation and paraly-
sis Of enterprise with an army Of UNI
employment was upon us. Tho Eu-
ropean War alone saved the sponsors
from defeat, by operating as the
most effective protection possible.
When the Republicans were re-
turned to power, the Committee on
Ways and Means at once. oven before
Harding was inaugurated began to
hold hearings upon the question. As
soon as these were completed the
emergency tariff act was brought be-
fore the House and in due time
passed the Senate II was defeated
by a Presidential veto from Wilson.
After the Inauguration OF Harding
this measure was reintroduced. II
was broadened somewhat so as to
protect our industries by aid of an
anti-dumpinE clause. II passed the
House April 18th and the Senate May
11th in amended form. 1t was agreed
TO in conference and approved by
President Harding May 27th.
In the meantime, the committee
worked upon the permanent tariff
bill. having submitted separate sche-
dulles to subcommittee. After weeks
of the most continuous and arduous
labor the fun committee has complet-
ed the final draft The measure will
require most of July for its consid-
GRAFTON in the House when it will go
to the Senate and be referred to the
Finance Committee. which will open
hearings upon il. While this com
mittee is conducting these hearings
the Ways and Means Committee will
take up the other pressing questions.
The chief and all-important ques-
ton for Congress is the revision of
the tax system. The Senate Finance
Committee conducted hearing on this
question during the month of May
The House will open hearings soon
after the tariff bill gets thru the
House. II is expected these hearings
will be completed, the bill drafted and
passed thru the House by the time
the Senate completes its hearings on
the tariff questions.
The success of any taxation system
depends upon the business condition
of the country. Where business is
stag2ant tax receipts fell off. The
amount of tax therefore must depend
largely upon the amount of business
transacted
Tariff legislation is designed to
country. II looks to the protection
policy that enables the fullest inves-
men of American capital in the best
of American labor, upon
a scale OF wage to insure and main
tain an American standard of living.
At the same time it provides revenue
for the expenses of the government
The amount of revenue from this
source under the present law was
S337,0O0,00O this year. Under the
proposed law IL should reach at least
$500 100000.
Logically IT was decided that tariff |
legislation should come first
ca II would offer a basis for tax. |
CD 1t always interrupts business, |
the sooner 1t is enacted the sooner |
business will settle.
CD Tariff relief can begin at |
once. tax relief will take effect next |
year.
This character of legislation is |
more difficult than in any period of |
the past. The condition of Europe |
the problem. Foreign |
exchange, due largely to an almost |
hopeless money initiation where gold
as a basis has been abandoned for
mere paper. makes tariff legislation
upon scientific basis almost impos-
sible. How to frame the law to pro-
tect our own industries from coun-
tries, like Germany, paying one-sixth
what we pay for labor, and still not
interfere with those countries in their
struggle to get on their feet is new
In tariff legislation.
The draft of bill containing nearly
one thousand paragraphs. and several
thousand items, nearly thousand of
HON never considered in any previous
tariff measure since they were de-
veloped here while the war embargo
was on, and many OF these items in
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