New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-07-23
Senators Will
Take Up Tariff
Bill ON Monday
Finance Committee Hopes
TO Complete Hearings in
Two Weeks; Uncertainty
i'm Ranks as 10 Procedure
Valuation Experts Called
Pcnrosc Says Tax Measure
May BE Forced Ahead
of Revenue Legislation

From The Tribunos Washington Bureau
WASHINGTON, July eat is IN
certain how long it will take the
Finance Commissee to report the tariff
bill to the Senate, and also uncer-
tain whether the tariff bill will con-
tlnue to precede the tax bill whether
the two will be combined or the tax
bill later will be forced ahead of tariff.
This was made plain to-day by Senator
Penrose, chairman OF the Finance
Committee, when the tariff measure
was sent over to the Senate from
the House and referred to the Finance
Committee.
Senator Penrose announced that the
Finance Committee would take up the
tariff bill Monday would begin hear
ings then and hoped to complete the
hearings in two weeks.
After the hearings will come the
task Of considering the bill in the
that will take Senator Penrose says he
cannot tell. He deems it possible
however, that the bill will be reported
out of the Finance Committee before
the House passes the tax bill and that
the tariff bill may even be passed by
the Senate before the House passes the
tax blu. 1t is not the general view
among Senators, however, that the
tariff bill will be passed before the
House passes the tax bill, and many
Senators doubt whether the tariff bill
will be out of the Finance Committee
by the date the House has put the tax
bill through.
With reference to whether the tax
Dill stands any chance of being put
ahead of the tariff bill in the Senate,
particularly if the Administration
tl,
rose this bridge will have to be crossed
when it is reached.
We will go ahead with the tariff
Dill he said, "and when the revenue
bill is passed by the House and sent
to the Senate it will be given con-
sideration and we will decide what to
do 1t is conceivable the tariff bill
may have been passed. | cannot pre-
dict how long the tariff bill will take
III the committee"
May Be Combined
Senator Penrose did not think that
II the Finance Committee was nearly
through with the tariff bill when the
tax bin was sent to the Senate, the
tariff bill would be dropped and held
back for the tax bill. As to whether
1T might prove practicable later to
combine the tax kill with the tariff
BILL he said:
Il would just as soon have book
in two volumes as one"
The bill giving Secretary Mellon
power to refund the foreign debt may
intervene to delay the tariff bill to
some extent. Senator Penrose said
when Secretary Mellon reported to the
committee on the questions raised as
to whether this government is in any
way bound by the Rathbone negotia-
tions, the committee might suspend
operations on the tariff He said no
long delay on tariff on account of the
refunding bill would be allowed
Senator Penrcse consulted several of
his colleagues on the Finance Commit
tee to-day and it was decided to take
up the valuation provisions first. They
will be considered Monday.
The committee will hear Chairman
Page and Commissioners Burgess and
Marvin, Of the Tariff Commission, Mon
day, and also George Davis and Otto
Fix, Of New York. Mr.. Davis is spe-
cial agent in charge of the New York
customs Office. Mr.. Fix is in charge
of the comparative valuation bureau
at New York.
The hearings of the experts on valu-
alton will continue Tuesday, and on
Wednesday and Thursday business
IL.
opposition exists to the American val
uation plan as we'll as much support
for it,
After considering valuation the COM
mittee will take up the schedules of
the tariff bill in their order.
Chemical Schedule Friday
The committee hopes to reach the
chemical schedule Friday of the coming
week and this will involve dyestufTs.
Much controversy over this is expect
ed and it may delay the program of the
committee.
In relation to this and the general
pi ogram Senator Penrose said:
When the hearings are concluded
and the bill is taken up for actual con-
sideration it will be in executive SEES
sion with only Republican members of
the committee present. This is the
usual custom which has been followed
by the Ways .sld Means Committee and
Is looked upon as the regular thing
because of the fact that tariff bill is
regarded as matter of party policy,
involving political differences between
protection and free trade ideas.
We hope to close the hearings with
in two weeks from Monday and an
earnest effort will be made to finish
within that time. After that we will
take the bill up with Treasury officials
in order to have the benefit of their
advice in writing the bill.
In order to facilitate the progress of
the hearings the committee desires to
kave one representative of each line of
industry, or each group that is seeking
change IN schedule, and desires, if
possible, to limit each witness to thirty
minutes in presenting his views"