OCR Text |
Show OUT Or OOTTOK BILL. WASHINGTON, Aug. Ij-The Underwood Under-wood cotton tariff revision bill, to be passed by the houae today, reducee the duties on cotton goods covered In schedule I of the Payne-Aid rich tariff law from 4S.1I to Z7.94 per cent. Its paaaage overwhelmingly over-whelmingly by the house as the third of th elralght tariff meaaurea In th Democratic Demo-cratic program In tha wahe of Canadian reciprocity waa long ago assured by th party solidarity of the houe Democracy. Ita eettmated revenue producing capacity, according to Democratic Leader L'nder-wood. L'nder-wood. chairman of the oommtttee that framed It. la tlS.lU.tO0. th flrat year of Ita operation, which la approximately SI -eoe.eon below th revenue r-celved by the government In 1SI from Imports of t he same arttdss. i. There Is little thought of eculu action on tb sill la the aenate at thia aeealon. |