Vilas County news. [volume] (Eagle River, Vilas County, Wis.) 1896-1927, 1922-08-30
SENATE APPROVES
c. O.P. TARIFF BILL
Passage Follows Fight OF About
Four Months.
NOW GOES TO CONFERENCE
Expected There VIII Be Another
Months Battle Before Final Dis
position of the Measure
Party Vote Is Split.

Washington. Aug. 21.-After four
months OF debate the senate passed
the McCumber tariff bill designed TO
yield an annual revenue of S400,0O0.-
600. This is S5O,OOOOOO greater than
customs duties ever produced.
The vote on the passage of the bill
was 4S 20 %. Senator Borah QdahO)
was the only Republican voting in the
negative. although II was announced
that Senators La Toilette (Wis.) and
Norris (Neb.) who are out the city,
would have voted similarly IL they had
been present
Among Republicans who voted for
the bin with some reluctance Senators
Lenroot (Wis) and Jones (Wash)
served notice that they might vote
against the conference report unless
many reductions In duties are made.
Three Democrats, Senators Ransdell
and Broussard Ua.) and Kendrick
(Wyo), voted for the bill.
la Toilette of conferee List.
Senators McCumber IN. d., Smoot
(Utah), and Mclean Comm. Repub-
licans. and Simmons IN. c., and Jones
IN. NJ, Democrats, were appointed as
conferees for the senate In adjusting
the differences between the senate bill
and the Fordney bin as passed by the
house.
In selecting the cOnferees the two
ranking Republicans on the finance
committee, Senators McCumber and
Smoot, were selected and Senator Nc
Lean. who is fifth I'm rank. chosen In
stead of Senator La Toilette. who
ranks third Senator Dillingham; (Vt.),
fourth in rank, did rot desire to serve.
The bin was returned 10 the house
for conference. A special rule will be
used 10 expedite action If objections
10 unanimous consent are made. The
course Of procedure was decided upon
at n conference of Republican men,
bers Of the house ways and means
committee Saturday.
Fight on Valuation Plan.
Representative TOrdney (Mich.),
chairman of the ways and means COM
during the day, declared he had not
changed his determination to continue
his fight for the adoption of the Ameri-
can valuation plan as provided in the
house bill. He said he would carry
the issue to the house II the conferees
refused to accept American valuation.
and he believes the house will uphold
his position.
He indicated that the will of the
house will govern his course. and II
majority of the house favors the
acceptance of the foreign valuation
basis. as provided in the senate bill. he
viii drop his battle. II is considered
likely that the valuation issue will be
settled before the cOnferees attempt
10 decide on rates Of duty.
conferees to Take a Month.
Mr. Fordney predicted that the con-
ferees would complete their work in a
month and that the bin would be on
the statute books before the election.
There are many who doubt this and
believe final enactment will be delayed
until November or December.
Debate on the bill was begun In the
senate on April 20 and has continued
with few Interruptions throughout the
four months since that date. Hearings
were commenced by the house ways
and means committee on January 6.
1927. and the bill was passed by the
house In July. 1921. II was reported
10 the senate from the finance COM
mittee on April IL.
The duties in the senate bill are
higher i'm many instances than in the
house bill. Particularly is this true
in the case Of duties on farm prod
ucts. which were boosted by the SEN
ate considerably above the Payne
.Aldrich law level. which was the stand
ard followed by the house committee
While the senate committee In
creased duties on many manufactured
articles. the senate itself reduced a
good many of them. AS general
proposition, the manufacturing indus
tries are not so well pleased with the
bin MS are the agricultural interests.
In some cases. notably in dyes. the
senate rates are far In excess OF the
house rates. The general average OF
protection accorded is greater than In
the Payne-Aldrich Jaw.