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Free Wool On December 1 Surplus Seen First Year
Washington reports the final tariff conference in Congress yields a surplus forecast of 18 million dollars for the first full year. The measure slashes duties, adds free lists for wool and sugar, and trims rates below the House bill. Automobiles tax at 30 percent. cattle and eggs go free. sugar becomes free by May 1916 with earlier duties phased out. The conference projects annual savings of about 1 billion dollars for consumers.
MENTIONED IN THIS ARTICLE
Washington
Congress
Underwood
Ways and Means Committee
House
Senate
Simmons
Treasury
Wilson
United States
Secretary of the Treasury
Secretary of Commerce
Board of
Cuba
Philippines
Internal Revenue
Steel Trust
Beef Trust
West
Australia
Argora