Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-06-21
REPUBLICAN WING
PLANS TARIFF MOVE
Would Confine Increases to
Agriculture and Reduce
Industrial Schedules.
BY. the Associated pres,.

By, the Associated Press.
Although Congress was in recess, the
contest to come over tariff revision in
the Senate in August stood out today
In fairly clear outlines.
With the finance committee continue
ing, under the sanction Of q 39-to-38
Senate vote, its hearings in prepara-
ton for broad tariff revision similar to
that approved by the House, the Repub-
lican independents, who virtually WELD
a balance Of power in the chamber, are
rapidly preparing for an organized
movement intended to confine rate In
creases to agricultural products and to
reduce some industrial schedules.
The groundwork for this movement
was laid out yesterday at an informal
conference, in which the participants
included six Republican Independents.
Senator'S Norris and Howell of Nebraska,
Frazier and Nye Of North Dakota,
Brookhart of Iowa and La Toilette of
Wisconsin, and one Democrat, Wheeler
of Montana.
Borah VIII Give Support.
They are practically sure of the sup
port of Senator Borah, Republican,,
Idaho, who proposed limitation Of re-
vision to agricultural and related prod
uctS In the Senate, and believe they will
draw strength from most of the others
among the Is Republicans and Is
Democrats who were recorded, either
by their ballots or pairs, among the
supporters Of his resolution.
1t was the 39-to-38 defeat of that
resolution which led the Republican
independents to undertake the immedi-
ate organization of their movement,
allowing time before the recess ends for
them to acquaint the Senators they
problems involved. What they viii at
tempt in the way Of reducing industrial
schedules has not been defined.
None OF the group Is a member Of
the finance committee, which is con-
sidering all of the Is rate schedules
acted on by the House, and has indi-
Gated its intention to present a bill pro-
posing q wide range of agricultural
and industrial rate increases.
Call Experts to Assist.
While no effort has been made to
bind the independent group to any gen.
eral or specific proposition, various
tariff schedules have been assigned to
different members for specialized study.
and experts have been called in to as
sist with research.
Approval was expressed generally of
the proposals for adding the export
debenture farm relief plan to the tariff
bill and to include the amendment of
Senator Glass, Democrat, Virginia, for
per cent tax on stock market trans
actions OF less than so days duration.
Senator Brookhart, who recently
urged that the Progressives look to the
next election with q view to getting
more progressives on both sides of the
AISLE" said that no discussion was had
regarding the future campaigns. He
emphasized that his statement should
not be regarded as heralding a third
party. He said he had not intended
such meaning.
The Iowan yesterday advanced a new
proposition, for which he himself takes
sole responsibility at present. He said
he intended to offer as an amendment
to the tariff measure a proposal to
regulate the profits OF all industries re-
ceiving protection under the tariff. He
is considering a 5 per cent or SD per
cent profit limitation, with a franchise
tax applying on all returns over that
amount. His scheme provides further
that In making stock dividends these
may be made to the treasury as part of
the tax.