The Meridian times. (Meridian, Idaho) 1909-1938, 1922-02-24
SENATE AND HOUSE
ROW OVER TARIFF
-..-,asEy wARss UPPER Aous5
.rsarEs HE Will fight
MAY sLocK siLL


w.s.5ugsanA rgw between me
.,rras and senate 0Ter American salu-
sth,n VAS forecast SATURDAY AFTER =
s.eame Enown that Republican mem
hers 81 the senate finance committee
n rewriting the spcaIled permanent
tariff s5Il. had agreed tentatively On
continuing tie present principle q
Easing duties On foreign market ralne.
chairman Fordney. Of the house
usvs and means COMMITTEES. declared
that if this kind Of tariff must ne
rssssd by the senate the house Wonia
write i new bin with reduction Fain-
atson clause and -let the senate try
sgainH If this should happen, It was
said. there would be little prospect OF
a tariff bin at this session unless con-
gress remained On the job throughout
most Of the congressional election
campaign.
Declaring that the house ways and
means committee had written a bill on
the American valuation plan only al.
ter fun agreement with all OF the Re
publican members of the senate COM
mittee except Senator La Toilette OF
wisconsin. Representative Fordney
said the abandonment Of this principle
by the senate committee majority was
"a thing the gentlemen Of the ways
and means committee would not have
done without consulting the finance
committee"
~If they send bill over here based
on foreign valuation" he added, they
may expect that it will be sent to the
ways and means committee, which
viii send back 10 the senate bill al
50 based on American valuation.
Il win never agree to any foreign
valuation and / do not know of any
Republican member of the house who
viii, or who wants foreign valuation"
The valuation as framed in the
house bin, was abandoned some time
ago By majority members of the SEN
ate committee, who had been consider.
ing two plans, based largely on the
recommendation of President Harding
in his annual message to congress
last December The executive then
said regarding American valuation
that there could not be ignored .the
danger of such valuation" making
American tariffs prohibitive. In the
light of the presidents position it was
suggested that if the house and the
senate disagreed on the valuation
question the matter might be referre,
to the executive in an effort to brinI
about an agreement before such nj
impasse as that suggested by MI
Fordney would be brought about.
The senate committee majority bs
gan Saturday the rewriting of the n
Valorem rates In the Fordney bill o.
the basis of foreign valuation. Ser
ators said that many of the rates wer,
being scaled upwards since the orig
fnai figures were predicted upon 81
assessment Of duties on the basis Of
the value of articles produced In this
country, comparable to those import.
ed.
The valuation plan as tentatively
agreed upon, known as the Smoot
plan. carries provisions designed IN
meet unusual conditions now eytstiny
In world trade. These provisions In.
ciade proclaimed American valuation
flexible rates within a radius of fiftv
per cent Of the figures fixed in the
en- and a deprecated currency pro-
vision There also are sections de-
signed to prevent unfair connection
In importation and discriminat;o,
against American foreign commerce
II was said Saturday that f,ns,
vote on the Smoot plan was being de.
mayed pending further information
nom the state department q. 10
whether the deprecated currency Dro-
Visions Would be in riolatsop NJ tha
Favored nation" clauses Of ev;s,fn,-
So'1leEciaI treaties. There ia sor,s
oouat II the committee now q, tha.
score and this provision NAV has -
se modified :"
n3er The other valuation plsn Witch
ne ee7n5ttse members have -
S'S1saas11zg fSz sgze weeks 5r,;sr
mould have basa based men 80
Hae-es2le selling prize in the -
= saarks1s # tie imported a--5ss..
M l'an also cuntszgsstes re- -,
slsEAs s1OEzssozs il ths So.
- s71A Ii VAS usgAa az -
''is q the tariff cauz.fsssJ. s,5 -
l'.lsz q Eustazs appeals BOT
.'''Ss'a ~ atfazals os the eBsfo,,s AZ
e.-2 q ne trsasE-F, wha hs5., a., -. .,-
-z.s sEnsgt rEan. ~ S@' lor