The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1922-09-13
|EVERAL RATES
we're REDUCED
'BYCONFERENCES
Experts State That Level of Du-
ties Is Only Below Level of
Last Republican Tariff.
CONFERENCE REPORT
PRESENTED TO HOUSE
Treasury Experts Figure That
Bill Will Yield Revenue of
Four Hundred Million.
tny Tho Assocla1sd Prsssl

10y ! ITO ASSOClhI0u FF089l
WASHINGTON, Sept. II
The administration tariff
bill in the form in which it
will become a law, probably
before October /, was made
public today with the pre-
sentation of the conference
report to the house. Many
Of the rates proposed by the
senate were reduced by the
house republican conferees,
but the experts estimated
that the levels of its duties
was only below the level of
those in the famous Payne
Aldrich Act, the last repub-
lican protective tariff.
Easing their calculations on the
present volume Of import trade, treas
:y expert figured that the bill would
ied m annual government revenue
S4oO.90000O This would be $44, 900, =
|Ql more than was received during the
Rst fiscal year through the combined
lDeration Of the democratic Under
ood law and the republican emer-
Es1cy tariff act, both Of which will be
Implanted by this bill Immediately
Iter it Is signed by the president.
Final Action Today.
Final action on the measure by the
kouse tomorrow was the plan of lead
frs under an agreement made today
or only four hours of general debate
With a vote to follow Immediately. The
5.Il then viii go to the senate where
is0a.e OF a week or more Is expected
% precede the final vote.
Discussion in both the house and
'snato but more particularly in the
after VIII be the forerunner of that
. be heard over the country before
he November elections as the bill is
'tain to become one of the chief is
'les In the congressional and sena-
orial campaigns. Democrats will con-
'nue their attacks on the measure as
me certain to increase the cost Of liv-
1g by several billions of dollars a
ear and as encouraging the continua-
.oH Of war prices.
Republican proponents of the tariff
ave defended it and plan to continue
o DO so, as the first to accord agri-
ltlure proper measure Of protec-
ion and as necessary to protect both
'alslry and labor in the present alb
0Fmal world economic situation and
more Particularly from disastrous
ompettion from the low cost produc-
IONS countries in central Europe ann
he Orient.
Chief Fighting Points
chief fighting points in the bill thus
al have been the wool, sugar and
'-aes all Of which were reduced some
. conference, and the so called flexi-
W. tariff provision giving the presi-
~" broad authority over tariffs. I'm
~" mis- provision as finally perfected
u conference. the executive would
ave the power to increasae or de-
Ease rates fifty percent.
Soould such increase prove insult
,''ent to protect American industry.
~ president could declare American
.'laIon, but no rate in the bill could
" increased on that valuation, al
'sA decrease to so percent would
~ ''SSlole as flexible section was ap-
.I'so by the senate, American val
'''Oh I could have been used only in
4. s case Of coal tar dyes, synthetic
'."'eols and explosives.
4. 'oe senate provision that the flexi-
~, =, "F!d should remain in operation
| ,, until July /. 1924. was stricken
~, ~ VI the bill, and the so-called scien-
.. 'arlff provision. providing for in
."Sa'.ons and reports by the tariff
''''''sS'on, as we'll as those designed
prevent discrimination against
'aned
r, Approve Retaliatory Parts
-. ronferees also approved retail
~. provisions. in some cases aimed
'''psl.N against Canada, and af-
b.. 'inued on Page Six)