The Lehi sun. [volume] (Lehi, Utah) 1913-1949, 1922-02-23
EiiFEETE AND HOUSE
/ ROW OVER TARIFF
,v WARNS UPPER HOUSE
foaDs,'asRs HE WILL FIGHT;
MAY BLOCK BILL
~ House and Senate Unable
e0O, ..,.. on Valuation Policy In
ps.wrItIns sO-called Per-
wanent Tariff Bill

,,.,n,nrton.--A row between the
=. and senate over American valu.
.,s forecast Saturday after It
-. Known that Republican mem
!, the SENATE finance committee.
'..,,,Ipp the so-called permanent
N Bill, had agreed tentatively on
[.,,,ulue the present principle Of
.I.e duties on foreign market value.
|nsIrman Fordney Of the house
I, and means committee. declared
4, y this kind Of tariff must be
Ia nv the senate the house would
N. new bill with a reduction valu'
N, dsuse and "let the senate try
Lin II this should happen, 1t was
N. there would be little prospect of
,,rIff bill at this session unless con-
=, remained ON the job throughout
"A O; the congressional olection
.npaign.
.peclsring that the house ways and
..,ns committee had written a bill on
\, American valuation plan only af
4, full agreement with all Of the Re-
,blInn members Of the senate com.
.Htse except Senator la Toilette OF
|IaonsIn, Representative Fordney
Ia The abandonment OF this principle
4 he senate committee majority was
4 hing the gentlemen OF the ways
\ means committee would not have
Doe without consulting the finance
|nmlttee"
II they send a bill over here based
foreign valuation" he added. "they
h expect that IL will be sent TO the
y and means committee, which
'n send back 10 the senate a bill al.
based on American valuation.
4 y Will never agree TO any foreign
luhtlon and | do not know OF any
epubllean member of the house who
D, or who wants foreign valuation"
<The valuation rs framed in the
use bill, was abandoned some time
BY majority members OF the sen.
committee. who had been consider
two plans, based largely on the
fermentation Of President Harding
bis annual message to congress
December The executive then
regarding American valuation
there could not be ignored "the
yer OF such valuation" making
s'imn tariffs prohibitlve. In the
y Of the presidents position II was
'lnlsd hat II the house and the
ate disagreed ON the valuation
ssuOn the matter might be referred
ne executive in an effort to bring
~ an agreement before such an
s''s as that suggested by Mr..
'aney would be brought about.
y senate committee majority be.
saturday the rewriting OF the ad
VEN rates in the Fordney bill on
OASIS OF foreign valuation. Sen.
n'aid that many of the rates wer.
= scaled upwards since the orig.
ngures we're predicted upon nm
'''ment OF duties on the basis Of
'aius OF articles produced in this
wy comparable to those import.
Il 'aiuation plan as tentatively
10 upon. known as the Smont
A'f'es provisions designed to
nusp'l conditions now existing
ulu 'e-e, These provisions In.
Unframed American valuation
~ ra'ss within a radius Of fifty
a1 OF The figures fixed in the
-' a appreciated currency pro.
There also are sections de-
" prevent unfair competition
~ sVV''ation and discrimination
american foreign commerce.
.as said Saturday that a final
we Smoot plan was being de-
psAuing further information
~ state department as 20
n. '1e oepreciated currency pro-
ma " OIa be in violation Of the
49,, Aauoa" clauses of existing
treaties. There is soma
Tue committee now ON that
AetlfIed. may nave 70
,n ny o'l'er valuation plan which
~, 'ee members have been
for some weeks, duties
as'e been based upon the
p,,s. selling price in the Amer.
MI Nv OF the imported articles
s'so contemplated the Dol.
,. PROVISIONS in the smoot
aMS II was urged by mem
M ~ ~riff commission and the
Ar o,s, appeals. but was OPP
u M ,,ciais Of the customs divi-
Saoo, ' ' treasury, who held out for