Payne Tariff Bill Reaches Final Conference Agreement
The Payne tariff bill outcome ends a prolonged legislative battle. Taft pressed for free hides and crude petroleum, while Sereno Payne and Aldrich steered the conference toward higher duties on hides and leather products. The bill reshapes cotton and metal schedules, lowers iron ore and pig iron rates, and seeks a corporate tax despite constitutional concerns, with party leaders wary of defeats and calls for further sessions.
MENTIONED IN THIS ARTICLE
Senate
Committee On Finance
Aldrich
Erisland
Sereno Bk. Payne
Ways and Weanbs Committee
Howse
Imipor
New England
Congress
Taft
Roosevelt
Hhouse
Washington
House Committee of Ways and News
Serena E. Payne
New York
McWninley
White House
William McKinley
Ohio
William Howard Taft
Iowa
House
Seyytor Aldrich
Tariff Bill Proposes Corporate Tax and Customs Court
The measure creates a corporate tax aimed at regulating corporations and a customs court of appeals to centralize enforcement. It lowers the tax rate to 1 percent, with critics noting stronger regulatory aims beyond revenue. The country is divided into nine districts for the court, and the bill includes retaliation provisions and a nonpartisan tariff commission.
MENTIONED IN THIS ARTICLE
Isto
James G. Blaine
William R. Morrison
Illinois
Ways and Means
Cleveland
Benjmin Harrison
Court of Customs
Congress
Customs Court of Appeals
Washington
United States
Taft
Payne
Also Mentioned on This Page
Henry Clay
South Carolina
Jackson
South
Folk
Robert J. Walker
Nelson Dingley, Jr
Maine
Dingley Payne
Sc Sresser
Val
Itto
Npe
Ea Engecesee
Bowhi
Spe
Same
Abe
Gross -Ile
Manufactu
Che
Prc
Erades
Keertersey
Lee RC
Teteeeree le le
C. F. le
Mee &c
Sue
Prs
Paris