Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1922-09-10
COMP ROM|SE ON
ALL HIGH SPOTS
IN TARIFF BILL
Conferees Complete Task
of Rewriting Measure;
Will Be Presented to the
House on Next Tuesday.

Washington, Sept 9.--Republl'
ican conferees completed today theii
task Of rewriting the administration
tariff bill, and it was announced
that the measure and conference re-
port would be presented to the
house next Tuesday, Action by the
house is looked for on Wednes.
day and then the report will go tC
the senate. Those in charge of the
bin hope to have it in the presi'
dents hands by the end of next
lweek.
American valuation as the basis
flor asserting tariff duties was dis
charged. The house managers
yielded on this and accepting the
so-caled flexible tariff as a sub
stitute after that had been broad
Iened so as to give the president
authority to declare American val
uation in any cases where inVesti-
cation showed that an American
Industry could not be protected by
assessing duties on the foreign
valuation, Authority for the
president to increase or decrease
rates also was approved,
Rates on Sugar.
There was compromise on all of
the high spots in the bill, In the
case of sugar, the conference agreed
on a duty of 2.20 cents a pound, or
1.76 a pound on Cuban raw sugar,
as against the senate rates of ESQ
cents and 1.S4 cents, respectively,
and the house rates of cents and
1.6. cents, respectively. The pres
ent rates are two cents and 1.6O,
and those in the Underwood law
We're 1.25 cents and 1 cent.
The raw wool duty, said to have
been agreed upon, was 81 cents a
pound secured content, as against
the senate rate of 33 cents, the
house rate of 25 cents and the
emergency tariff duty of As cents
The senate republican agricultural
tariff bloc held out for the senate
rate to the last, but the house con-
ferees insisted on a reduction.
Reduction in Dye Rates.
A sharp reduction was made in
the rates on dyes, synethetic chemi-
Gals and explosives, the products or
coal tar, which were voted by the
senate just before it passed the bill,
but it was understood that an
agreement was reached to continue
the present dye licensing embargo
system for one year with authority
for the president to extend it for
second year should he deem that
to be necessary.
The duties on dyes reported TO
have been agreed upon were seven
cents a pound and fifty per cent al
valorem on Intermediates and seven
cents a pound and sixty per cent
on finished products with the ad
valorem based on American valua-
tion. These were the rates recon-
mended by the finance committee
and compared with 101a cents a
pound and rs per cent on interme-
dates and 10is cents a pound ana
80 per cent on finished dyes APP
proved by the senate. The house
rates were Z cents a pound and 10
per cent on finished dyes, with the
ad valorems based on American
as was the case with the
rates approved by the senate.
Last Minute Row.
There was a last minute row IN
conference over the question OF a
duty on shingles. but whether these
were left on the free list, where
they were voted by the senate, was
not disclosed. Senator Kellogg, re-
publican, Minnesota, conferred
with the conferees in support OF
free shingles, while Senators Good
ing, of Idaho, chairman of the re-
publican tariff bloc, and McNarS
and Stanfield, republicans Of ore
gon, urged the managers TO impose
4 duty of 25 cents.