Evening star., 1934-03-25

per cent or raising within the same
limit, is now before the House. Not
withstanding the Republican assaults
on this bill, it is expected to pass by a
large vote 1t probably will be another
week before a vote is reached. Then
1t will be sent to the Senate and re-
ferred to the Finance Committee.
Chairman Harrison of that commit
tee said yesterday that there would be
hearings on the measure. but that they
would not be long. He added, how
. ever, that he would ask the Senate to
consider and act upon the revenue bill,
which will soon be ready, and also
upon the sugar allotment bill which is
backed by the administration. If such
program is followed it will force the
tariff bill, so far as the Senate is con-
cerned, well into the future.
Finish Fight Promised.
Senator Hastings. discussing the tar
if bill, said the Republicans would
fight it to the bitter end. He went so
far as to declare that if the admins
tration insisted upon final vote on
the measure at this session, Congress
will be here till next November" He
said the bill would be open to amend
ment and that he himself proposed to
offer amendments TO the existing tariff
schedules. He said he thought other
Republican Senators would do the
same.
If we are going to give the Presi-
dent the right to change these tariff
duties as he sees fit within a radius
of so per cent" said the Delaware Sem
ator, I'VE had better see that the du-
ties are changed SO that American in
dustries will not be ruined by any
changes that may be made. Make the
rates right before this power is handed
to the President"
Other Republican Senators, while
they predicted that real fight would
be made in the Senate on the tariff
bill, said they looked to see it passed,
and doubted that the debate would be
as protracted as indicated by Senator
Hastings.
Fess Sees Passage.
'The President wants this tariff
measure" said Fess He has said SO
and have no doubt that he will find
, enough Democratic votes in the SEN
! ate to pass it when the showdown
comes. The Republican opposition to
the bill will be almost solid"
Indeed. some Of the Republicans
said they believed their side CT the
chamber would vote as whole
against the tariff bill, except, perhaps
for one Senator.
While FeSS toot the position there
would be no ,rotracted filibuSter
against the passa-;e of the tariff bill,
he did say that ]: it is to be pressed
for action Congress would be in ses-
sion well into JuI.e and perhaps quite
a bit longer.
The revenue l:ll. which Harrison
hopes to bring before the Senate this
week is estimated to raise an addi-
tional $500 ,0OO,O ,OGD. Much of this is
expected to come from a revision of
| the Administrative clauses of the
present act, particularly as the re-
vision applies tG the income taxes.
But the Senate Committee has writ
| ten into the measure a capital stock
tax, accompanied by an excess profits
tax, which is expected to raise a
score or more of. millions of dollars.
| And, it is urged by the Republicans.
/ any bill that raises $500 100000 ad-
ditional taxes is bound TO be burden
upon business.
Danger to Sugar Industry Predicted.
{ The sugar bill. which has caused a
lot of uneasiness among Democrats in
Congress from the Western sugar beet
raising States. authorizes the setting
up OF sugar quotas for the American
sugar supply. In the end it is de-
signed to reduce the sugar production
IN this country. its opponents insist,
and eventually to- wipe out the sugar
industry, both beat and cane This
measure, it was pointed out last
night, may not really be necessary if
the reciprocity tariff bill is put
through and becomes a law. for the
President would then be in position
by reducing the duties on sugar. to
curtail American production of sugar
quite effectively, if he deemed it nee
eSsary.
The unemployment insurance bill.
which the President has said should
be taken up and p"ssed at the present
session, calls for al: assessment upon
industry to establish the insurance
fund. While marry Senate Repub-
ncans, II called upon to vote on this
measure, viii vote for it. they say it
does not appear to them that this is
just the time to lay an extra burden
on the industries OF the country.
Notifications Urged.
The Wagner bill relating to labor
and its rights to organize supplement-
ing the provisions of the national
recovery act, which declares in general
terms the right of collective bargain
ing, makes no direct levies on industry
and business, nor does the Stock Ex-
change bill. But it is argued by their
; opponents that these measures, unless
they are considerably modified, will
have the effect of hamstringing
business.
The stock Exchange regulation bill.
its critics say. will, unless drastically
amended, result IN curtailing the mar
ket for securities greatly. This cur
tailment will be reflected in industry,
with reduced production and employ
ment, opponents of the measure con-
tend.
These administration critics say the
law, put through at the last session
of Congress. for tine regulation of
security issues, already has prevented
the flow of capital into industry.
Democratic supporters Of the bill
reply. however, that what has held up
security issues has not been the
regulatory law, but the depression and
the unwillingness of business men to