Jasper County Democrat, Volume 12, Number 31, Rensselaer, Jasper County, 31 July 1909 — WORK OF TARIFF CONFEREES DONE [ARTICLE]

WORK OF TARIFF CONFEREES DONE

Bill Completed After Taft Orders Are Executed. HIDES FREE; LUMBER SL2S Democrat* Put Experts to Work and | It I* Announced That on an Ad Valorem Basis the Payne-Aldrich Measure Revises Upward—lt Is Expected That the House Will Act tomorrow and That the Senate Will Require a Week to Get to a Vote. Washington, July 30. —The PayneAldrich tariff bill today stands completed. An agreement on all disputed points has been reached and the conferees’ report signed by the Republicans. The report will go to the house today and will be voted on there tomorrow. The senate will begin consideration of the measure as agreed to by the conferees on Monday. Probably a week will be required to dispose of the conference report in the senate. By a mandate of President Taft, the conferees were compelled to revise their rates on lumber and gloves. The president said that rough lumber should not. be more than $1.25 per thousand feet. He declared also that the senate rates on gloves, which are the same as the Dingley rates, and much less than the house rates, would have to be adopted in order to obtain his indorsement. Not content with Issuing an injunction against high rates on these articles, the president specified that hides must go on the free list and the house rates on boots and shoes and other manufactures of leather reduced. Hosiery, too, he thought should be reduced below the house rates which were advances over the Dingley duties. The minority members of the confer ence held a session and called in a number of tariff experts in order to compare the conference bill with the existing law. When they adjourned It was announced that the experts had proceeded far enough to show that the new bill will be an Increase of from 1 to 3 per cent over the ad valorems of the Dingley law. It Is understood that in reaching this calculation the experts did not take into consideration transfers of articles from the dutiable to the free list which the Republican conferees saj’ would reduce the average ad valorems considerably below those of the existing law.