Show To 10 I SOME IDEAS President Taft Will Act as an Umpire in the Differences Arising Between the House and Senate Conferees HAS MADE A DEEP STUDY OF TARIFF SITUATION President Wants to Be Sure Sur That Measure Will Produce Sufficient Revenue to Meet Expenses of Government MAY FORCE AN AGREEMENT Jul July S. 8 dent lent Taft In III burr In ing toward tonight ht nUll will sill be lie here hert early tomorrow afternoon to plunge Into Ino the Until final work ork of tf the tariff lull bill It In Is nn an open ollen secret that the President tu to menu mean pIn play n a very Aery 1 Important part port In the tho cork ork of ot th lie conference committee AM As The an announced announced nn- nn cly el Home une tune time igo the Jl hart rt to 10 be lu taken It hi liy the tho President will vill be Le that llant of oC referee between the flue conferee confer confer- ee cc from the two to Jou All 11 difference differences nn n. to b be to him hitti and hiM IM decision will Ihl be he Until am and bindI bind bind- I III ing u J g. g It is learned from tho the Presidents President's friends however that Mr Ir Taft Tart is prepared pre pro pared to g go even further and will submit to tho the conference some suggestions lons himself as to revised rates The President explained after the Aldrich bill was Introduced in tho the Senate that lie he would like to combine in one measUre measure measure meas meas- ure the reductions made in tho the Payne and Aldrich bills That he Is going to make an earnest effort to bring this about is tho the belief belle ot of his hla friends who have talked frequently with him himon himon himon on tariff subjects Tho The President has a table prepared at nt the In instance tance of or Chairman Payne 1 of or tho the ways and means committee showing Knowing the differences between tho the Payne layno and anti the Aldrich rates and the amount ot of revenue that will be bo produced pro plO by each Ho He has made mado a a. careful l study or of tho situation It can bo be said that his first concern is that tho the bill hilI shall pro produce revenue under ordinary conditions to meet tho the d do- do i- i of tiLe government after thaia thai Uw th I 1 Is 15 to hit v UI a n. bill presented to him ua us will VII fair protection t to thEm tho Internet thai need It That ho lie can enn forca an nu agree agree- in mut moult nt upon tipon such uch a IL bill bin is clear to evel every ono who ho has tins looked over the situa tion flon On tho the eve ovo of ot tho the conference tho trI treasury su officials are arc concerned about time the reports that are coming in from the tho coun country tn that the tIme corporations lions are aro preparing to mako a n determined light In the courts against tho the corporation tax tho the Pre President has line no doubt as ne to the tho constitutionality of ot tho the act and Is convinced that It will be uphold upheld by the tho Supreme court It will be possible possible pos pos- sible sibie for tor tho ho corporations by Injunction Injunction injunction tion proceedings to evade payment payment- of oC the tho tax until the law hus has been passed upon by tho tire court Of Or last resort This will moan mean considerable delay 1 1 a and the tho treasury will meanwhile foot oot the tho loss nf ot a revenue which the tho tax was In Int Intended Intended In- In t tended to supply Conservative belief tonight is that tho the bill will go o to conference on Saturday Saturday Sat Sat- and that it will bo ho about ten days before tore an nn n agreement la Is reached |