| Show w w r Ii g i ST STATEMENT A IS I SUED President Taft Gives GIves- His Hi Views on Tariff BillEW Biland d Declares That It Ful Fulfills Pledges of the Party MEASURE PROVIDES FOR FORA A REVISION D OWN WARD ARD Had Struggled for foil ion Ten Years I ID to Gain Philippine D Tariff F Section and B Believes li ves It Will I Increase T la it EXCEEDINGLY EXCEEDINGLY GRATIFIED Washington Washington- Aug 5 President dent Taft made comprehensive sive statement statement re regarding the thc i tariff bill after 1 fie e had added I his his' signature sig f He Ee declared that while th the i ill may not nol b suit all yet it s and I Ir it fulfills the le es made by r the Republican party y He declare t while it is a L revision do ferd dl yet it i is isby isby 3 by no means jl trade rade docu docu- ment I Tho The President i I havo signed ifft ane ne tariff bill bib I because I J bell bellof Jo bo 0 the tho result t of ot a sincere c e Po the part 0 of oC 1 tho the Republican J i t a a. dawn clown ward revision tf with tho a lu o th 1 lI th they Ih hay IVO 0 d a n. n lin n- n 1111 Wi b i 1 h The bill is Iii isnor n teet bill I I nor a a. complot complete 11 e- e with Ui th t I promises es made mad a 11 ai Int i I but a fu I n 11 men q rs e from Crom criticism r I in respect to a I matter InIn in In- In I acl lules ules land nd thousand S many HC ec of at articles could Qt be bc expected I It It t suffices to t t except with ro rc- rc I say lIay hors and wInos wines ant am antas 1 I gard to whisky 1 nd as 85 to some high big i I In r regard gard to silk all or f may p I classes o. o of f nc cotton t E Ic los p. p proper oper u u k mere nave e a ot a. a re tin in rates been vcr very tow few i Inn There Thero have bc beep a ar t number of at real a tes td d thc they ne c con con- n- n sUtuto a n t to Justify the tho statement th the Hll Is ls a sub sub- substantial do W and nd a re reduction reduction re- re of ot excessive rat rate This Is not nota a n free trade liil lt not Will Intended to bo boo The Tho Republican party did lId not promise to makers trade ree bill It promised to the r retes tes protective e the Jut iut iut V to reduce roduco them I thern they exceeded difference between tle cost of production production pro pro- abroad and making al allowance al- al lowance for fOI the time greatt of f no-mai no Pr profIt t tI active Investments In lure hire I believe c that while this excess io has bias not been reduced In In a great reat majority a Is camber rates nf or are rises eases low enough In of abnormal case tanco of demand and tO permit tho the of of prices Importation mno of time the following and thi thus to tn prevent excessive e prices The rhe power Dowel ranted granted to 10 0 the executive under the maximum and n minimum clause may be 1 f to the tho removal of obstacles thC that have been n Interposed b by foreign n o b way of at undue and discrimination bv by against an any and products Struggled Years 1 The Time Philippine tariff Section I hire have struggled to s secure cure for tOr ton years na past and It gratifies me mc i e eC eed b It 11 v my mv signature to give elt the effect of ot law I am sure suro It will gr Sr aty Increase tIme the trade trado between the to t countries and It will do much to 0 build up In time tho Philippines health nn ana Rind prosperity Tho administrative administrate e clauses of or the bill and l the custom an court aro are ad admirably admirably ad- ad adapted to u. u m more an- an form and moro more speedy tu construction construe construe- n Lion tion tho the meaning of of the law to 0 The Tue authority the President to assist hint l to uso use agents In ln the application nr catlon cation of the time maximum Urn and minimum minimum section of the statute II 11 e. e and to en e enable b o officials to administer the law gives a wl wide o latitude e for tor- the he acquisition Un under un- un e der circumstances to Its Us 1 truth of Information i lt n price and anti cost of production respect to the of ir goods and abroad at homo home win will tl throw much light ht on th the L of or thai tho present tariff an and be Of officially 11 ImportanCe Importance Im- Im as collected data lata which upon action ann ana log legislative relations ilay he be based corporation tat ax i The 18 a just and equitable exist exise measUre It Is P O 1 I ft Ahi 1 amount m ul t LU innanti inn inn- aiu dentally ill l e statistics anti corporations Information of thO COti COUnt g t the find many r Important and constitute an step toward or of 1 that degree e ree and the tie lion which incorporated enterprises In the last h n t years bo be ha shown to lr |
