Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1922-05-06
|A|dFF bill
''SPOL|AT|ONM0vE
1.tetests !. Benefit Public Bears
\ sIk Burden, Says Minority
Report to Senate
'slIMoNs GIVES HIS VIEWS
Rx ths Assoclated Press

= a
J washington, May 0.-The taxes that
.nld be imposed by the pending tarif
", vould be as real as those imposed
M u ~ revenue bill and probably as
E..t from three to four billions Of
s,ll.rs. Senator simmons. ranking
S.mocrat on the Senate Finance Com.
.Ittse. declares in minority report
"A today IN the Senate.
fF,.They must be paid BY all the peo-
y the report says, Just as those in
~. revenue bill must be. paid by, all
~ n.ople md not by the benefciaries
~. have demanded and got them. The
snia must not only pay the taxes on
y Enorts which 60 directly into the
a S.sss,iry, but they must pay the re-
Sitins increase In prices OF all the
skines they buy and consume. -.
ssfSroadly speaking, the views OF the
a ...cio, interests who asked these taxes
srS sot them and Of the people who
ssv them differ widely in their praise.
rrsnt Of this measure and its effect upon
~ national prosperity.
'Ns.So FAR MS the special interests are
.,Arerned, Il goes without saying, the
AYES imposed are both satisfactory and
s P"eSn the other hand, the people view
xh,s bill as q measure full of mischief
4 srd dangerous possibilities, loaded with
isnumerable burdens for them and
fheir prosperity.
House the general public regarded 1t
/. q a, monstrosity no grotesque and ab.
!, ard that they took 1t more as a joke
fkan as serious attempt at tariff
revision. It did not excite In them
any great degree of alarm because they
ielt sure the Senate would rewrite 1t
and they expected from this body saner
action In their behalf.
'ln these expectations the people
have been grievously disappointed.
That disappointment has grown as they
studied the bill, first into surprise and
then Indignation at the audacity Of the
assault upon their pOcketbooks and IL
finally eliminating into a grim deter.
nination to resist to the utmost this
attempted spoliatiOn.' ~.
The measure Is an act, he said, 10
mortgage the country and its resources
to the protected and monopolized in
dustries. ,
In his report, Senator Simmons de-
clsres the, bill protects and maintains
present high profits and makes the pco-
Ne pay increased profits plus n tax for
the benefit of the prOfiteer.
The report attacks the flexible tariff
nying that the power to further in
crease the rates vested in the President
will operate as an invitation to invoke
the exercise of these powers for the
benefit Of protected producers, when
they wish to raise prices.
Senator, Simmons says the statement
In the majority report that the pur-
pose Of the bill is to permit American
industry to pay wages sufficient to
enable American workingmen to main
tain the American standard of living
"sounds rather strange, In view Of the
fact that these self. same industries
are today engaged in an intensive drive
70 reduce present wage standards"
Referring to the argument that, un-
|, iess the bill is passed, American mar
kets will be seriously invaded BY for.
tisn producers, the report says Ameri-
can goods are sold in foreign markets
y compeitition with the world and TINT
y American producers can compete in
those markets with foreign manufac-
turers they should be able to compete
In the American market.