U.S. POLITICS.
(United Press Association. —Copyright.)
Received May 2, 4.45 p.m
WASHINGTON, May 1
The Finance Committee's , substitute for the maximum and minimum *pro« v visions of the Payne Bill, reported in the Senate, provides for the application, from April Ist, 1910, against any country discriminating against United States products, a maximum tariff consisting of an additional 25 per cent, ad valorem on all rates in the Senate Bill. The Committee also recommended that in cases of countries whereto the maximum rates are applicable, 10 cents alb for tea and 5 cents for coffee, the President may,- in the event of no discrimination, grant the minimum rates to the whole foreign country, or exclude dependencies or colonies. Thus, accords ing to the newspapers, the maximum ~!may become applicable to any foreign country or colony which adopts and enforces tariff legislation.
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Bibliographic details
Wanganui Chronicle, Volume L, Issue 12212, 3 May 1909, Page 5
Word Count
140U.S. POLITICS. Wanganui Chronicle, Volume L, Issue 12212, 3 May 1909, Page 5
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