The New York herald. [volume] (New York, N.Y.) 1920-1924, 1921-07-23
VALUATION SECTION
UP FIRST IN SENATE
Rest Of Tariff Depends on 1t
Largely, Is View of PenrOse
Of Finance Committee.
Speri1l Despatch to THE NEW YORK HERALD.
New York Herald Bureau,
WashfuutOu. July, 20.

Special Despatch to THE NEW York HERALD.
New York Herald Bureau,
Washington, July ~.
The enormous task OF scientific re-
vision of the tariff law was transferred
to-day to the Senate. The Fordney bill,
jammed through the House under the
whip and spur of a special rule per-
hitting no amendments except those
recommended by the Ways and Means
Committee. was received by the Senate
and without debate referred to the FL
nance Committee. which Immediately
decided to hold hearings beginning next
Monday.
Senator Penrose enthusiastically an
nounced that ne "hoped the hearings
would close in two weeks" ~che general
opinion of the Senate is that 1t will be
from six weeks to two months before
the bill Is ready for action by the
Senate. The Finance Committee has a
cnrload of protests against many items
In the measure, the mass of kilograms
and letters being increased by requests
for amendments from House members
who were denied under the special rule
from proposing them in the lower
branch of Congress-
A further complication in the way OF
speedy action IN the Senate is the gen.
eral feeling that the revenues ought to
be revised ahead of the tariff. Senators
are keeping silent now on this phase OF
the matter, however, realixzing that
revenue revision must originate with the
House. that the Ways and Means Com
mittee now has that matter in hand ana
that any Senate suggestions for speed
On revenue revision might be interpreted
as attempted dictation to the House as
TO what it should do.
Dat. t,af1 lara fatt NJ CO.
tariff schedules the Finance Committee
will hold hearings on the American
valuation section of the bill, which Sena-
tor Penrose said to-day lis the basis or
the whole bill, which must be disposed
of ahead of everything else" The ad-
vice OF the Tariff Commission and its
experts and Of officials from the New
York Custom House will be received at
the Monday hearing, the committee hav-
ing invited Chairman Page and Com
missioners Burgess and Marvin. with
George Davis and Otto Fix Of New York,
to be heard Monday. Their testimony
will be followed by that of a group Of
business men. exporters and others in
terested in the valuation section.
Hearings on the various schedules In
the tariff bill will then be opened up In
regular order, beginning with chemical
schedules. This will lead at once to the
controverted item of the dye embargo,
which was stricken from the Fordney
bill by narrow margin. Senator PEN
rose said to-day that many persons had
asked to be heard on this question and
he expected a long discussion of It, both
by witnesses and by the committee.
All hearings will be public, and both
Democrats and Republicans will par
ticipate, although the actual writing OF
the bill will be in private session by the
majority members of the committee
only. The Democrats will not have an
opportunity to help write the bill, Sem
ator Penrose said, this being the recog-
nized custom in the formulation of tariff
measures.