Show OLEO BILL I A Compromise I Congress had reached a compromise compromise compro compro- compromise mise on what should be done about the bill bIn to repeal federal taxes on I oleomargarine One factor helping the compromise along was the striking out of a senate enate requirement requirement require requite ment that colored margarine sold old soldat soldat at retail be put up in triangular packages package But the conference committees which effected the compromise put in strict labeling requirements IF THE SENATE and house ac ac- ac- ac the compromise it would become become be be- become come effective July 1 The bill bIn had been in the hands of the conference conference conference confer confer- ence committees since February 2 2 The House passed the measure last year with one senate version being approved in January of this Ws year It had been agreed by both houses to knock out federal taxes on oleo but dairy interests had held out for the triangular package requirement arguing that this was necessary to make sure nobody got margarine thinking it was butter HERE are the taxes the bill bIn would wipe out One-fourth One of a cent a pound on uncolored margarine 10 cents a D pound on the colored form a year on manufacturers whether their output was colored or not a year on wholesalers of colored colored colored col col- ored margarine on wholesalers whole whole- eaters salers of the uncolored 48 43 on retailers re reo re- re of at colored margarine and 6 a year on retailers of the uncolored uncolored uncolored I ored variety I Unaffected by the bill bUl are lawsIn laws lawsin in 21 states banning manufacture or sale of colored margarine |