THE AMERICAN TARIFF.
A COALITION COMPROMISE.
By Telegraph.— Association.— (Received July 30, 5.5 p.m.) Washington, July 29. A coalition of progressive Republicans and Democrats, in contending for a far-reaching revision of the tariffs, declared that the Farmers' Free List Bill was compromised. The Wool Bill, and probably the Cotton Bill would be passed; both lowering the duties. The main intention of the farmers' free list was to recompense the agriculturists for their probable loss under Canadian reciprocity. , > ' President Taft is pledged to await the report of the Tariff Board before assenting to the new tariff legislation. Consequently he will very likely be compelled to veto the above measures which have been passed by means of the Republican vote. The coalition has carried a compromise on the Wool Bill, placing the rate on raw wool at 25 per cent. : The House of Representatives is disinclined to accept the compromise, but conferences are expected to result in an agreement. It is not known whether President Taft will veto the measure in accordance with his previous hints.
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New Zealand Herald, Volume XLVIII, Issue 14746, 31 July 1911, Page 7
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174THE AMERICAN TARIFF. New Zealand Herald, Volume XLVIII, Issue 14746, 31 July 1911, Page 7
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