New-York tribune., 1922-02-19
New Clash on
II. s. Valuation
Menaces Tariff
House Members Aroused by
Senate Agreement That
Schedules Shall Be Based
on Foreign Market Value
Nav Draft Another Bill
Threatened Action, Might
Nike Legislation lmpos-
sible ut Present Session

VASu!NGTON. Feb. Is (By Tie As
s,c.~4eA press).-A row between the
ussse and Sora,c over American va!ua-
.;o, vss forecast today after it be-
,ssc Known .aas Eepublican membera
- she senate Finance Committee. in
-,rri,iaq Tho so-cal.ed permanent tariff
',,,, hsd agreed tentatively on continu-
;,. tue present principle of bas;Mg
.ut;es on fors.en market value.
Chairman Fordney of the House
vsys and Means Committee declared
TIA. il sais KIND Of a tariff measure
vas passed By the Senate the House
would write rev bill with an A,ncr-
can valuation clause and let the Seq
z;e try ars.n l. this should happen,
!. VS. sad there would be little pros
nee. Of tariff bin a. this session IN
lsss Congress remained on the Job
throughout r.os- % the Congressional
election campaign.
Violation of Agreement Hintcd
Declaring tast the House Ways and
Neaus Cosamittec had written bill on
tie American valuation plan only after
IA. aercsae7. With all Of The Rcpub-
lean member q tic Senate Commit
ter except Senator La Toilette, q Wis
coas.n, Representative Fordney SAID
tie abandonment q this principle by
tho Senate committee majority vas "a
sa.ng the gentlemen of the Ways and
Means Committee would rot have done
Without consulting the Finance Com
miteec.
Is they send : Bill over here das-d
on foreign valuation" he added, "thev
nay expec. chat i viii BE sent 10 the
wsys and Means Committee, which
vii! sord back 20 tic Senate bill also
basod on American valuation.
"iNl re4er agree 10 a. foreign
,a' uatior. ard ! 10 ret know Of aa,'
nenuOfcaa member G tho House V-,o
wi.l or v1o wants 1orciSN va,uatioN."
Tie valuation nlan, - framed = the
house hi'. vas abandoned soaso time
ago ny maj jority members Of the Sep-
axe committee. who lave been ccnsid-
eng two 9,ar5. based largely or the
rercmmcrca-ioN5 ~ President Harding
IN IS annual r.es, agc 10 Congress last
Nsconbcs T.s Executive then sad
Fcgpre,rg American valuation cha:
tAsle could ct be ignored "tne danger
O, th yalu0t OH making American
tar.'' prohhi-.vc.
re+erencc TO Harding Suggested
II The l-ht Of the prosidcnts posi-
:igs.; was suggested tAat ia Sic event
o. q ss.sceonort between s,lo House
o7a ssrate ON ,hc Valuatio3 queotion
IT, riaiter might DC referred to tic
LIZ 1.-Two in 81 effort TO bring about
an agrec.Nont before such an irnpasna
ss hat suggested by Mr. Forcney would
~ brought tooUt.
Tie Seraic committee majority be -
san TODAY tnc rewriting Of / 2 ad
velo'ora rates i'm tne Fordney niil on
70 aas;s Of foreign valuation. Sera-
'e I'D that raauy Of The rates werN
beng called unvsrd, since TIC original
agIres 'yero Dredicated upon su q seao-
value cf articles produced in this coun-
u con-parablc to those inported
Tile .a',.ation nan as tentatively
agreed apoa- known g. the SlNoot plan,
carrie prc.isiona designed 20 meet uN-
usua' conditions now existing III world
trade. lhese provisions include pro
claimed American valuation, flexible
rates within radius o. 80 pe- cent Of
thc figures lxed in the bill ard q de-
prcclated currency provision. There
also sra sections designed TO prevent
Unfair competition in importation and
discrimination agains. American sor-
oic0 commerce.
Under the other valuation p.an
which the committee lneub bers have been
have been based upon the Wholesale
a-lllng p.icr IL TIC American markets
y the .A.l.r.el arsic!e