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1 DEMCmnt TUFF. 1! COMMITTEE HEPOIIT ON I'NHEIL WOOD HILL. Arguuieut lu Pa%nt of Tarif/ for Hc? enue Rather than tariff fur l?rotcv iJoie?1People as a Whofe Will ba Bettctlttcd by Democratic by* teta Whereas Trust? Now Fatten on Prot? -lion System. Washington, April 22.?Presenting the completed Democratic tariff re? vision bill to the houae today the Dem? ocrats of the ways and means commit? tee recommended radical regdju mtm ?if the oi.itri fiscal pell? . of tho' spy ->v The) pr^o|shaei| t., rr ?c? an I; - ? ?fn? lax the Sieans ot ac(jurate|j ad-; jusilng the funds to be raitud by tux- \ m ou to i >rrcapoud with necessities' (-r pad.. mi. it ? ,, i The report, submit td ? I'nderwood, after OltNglgs; the . tlons of the pr posed in em. said: ' The revenue from til in?., up readily respond to changes of ratwa and the latter can be raised or lowered \ithin a few da; j' time without busl tartff changes occasion, it is believed falsa disturbances such a ?en? ral that a budget i>r other effe-tive sys-' tem by which congrers may be able closely to rab'ulat i and determine in advance forthcoming expenditures wdl Soon be devised. In which event it i should become easy to maintain a 1 close balance between expenses und \ revenues *o?-h as Is practiced in most other civilised countries. With other Sources of revenue revised to an hon? est and Axed basis and the income tax a permanent part of our revenue sys? tem and at all times sffording a sub? stantial amount of revenue, congress could, and if necessary should, an? nually raise or lower the income tax rates In tuch manner as would prevent either s deflelt or a surplus In the treasury. This combined tax system would afford Justice In taxation, flexi? bility and stability of revenue and rigid economy In expenditures." The Democrats, outlining their policy In the preparation of the bill, announced sn absolute disregard for the coat of production theory aa regu? latory of tariff rates and declared that la the pending* bill they had attempted to eliminate protection of profits and to cut off duties which enable manu fecturera to exact a bonus for which no equivalent la rendered. "To introduce In every line of indus? try a competitive tariff basis providing I mbstantlat amount of importa? tion to the end that no concern shall be gala to feel that it has a monoply of the home market gained other than through the fact that It Is able to furnish better goods at lower prices than othera "Which Is.the wiser course for our government to take,'' the report ask? ed, "the one', that demands the pro? tection of profits, the continued policy of hot house growth for our Indus? trie* the stagnation of development that follows where competl' >n ceases ?or. on the other hand, the gradual and Insistent^ reduction of our tariff laws to a basis where the American mmnufecturer must meet honest com? petition, where he must develop his bustneee along the best and most eco- I nomlcal lines; where, when he fights j ? hnmf to control his market, he Is lorgiri?* tli? wa> U< the /i? \? b-pment I id his baasaeat t.. ?atend h.> trad? u. IBs markets of the rVo'td? in out ludgruent tie future gruretb, of our' fc.r..i.t Indttstriei Iks beyoncl |he A detailed tai l ??? ai prerentedjl ?hawing, * \ schedules, the lutal reve ? ...? secured under lh< Payne tt*r Iflj and tie . ? ui t'- <i u enu? undi i ?. nea Mil tor t ? nonilt period Th? pablf shoared thai la I iff, I7&9.? |?a\itl Worih of .u?i. 69 ?.C S ? in duties, at an r?|U ? average ad N.tlorem, rate f t" i- | cent. It estimated that under the new bill, tl 0u0.9fJU.uuu wo?th of imports v ..uld pay IJ6H.701.000 in duties at an avarage ad valorem rate of It.ft peri ( tut Thus the new bill would raise $37.?91.000 less than the present law 'The saving thus made In revenue collections.' said the report, is oat) suggestive of the immense!) groatei saving secured to toe ptlblV by the probable change In tilers resulting m the removal of the eat ? rat^s of the present lue. it In n striking fa f." Ihs report declared, that during the | ib sequent to the renew il of the policy of high protection in H97 there has l.een u radical trnn iformatl.m el American economic life !n many di? re. Hons and that in most cases a Coli? ne? tlon between the ratea of iloduc Heg mit! the de\e|. pment ?t unfair or eads tiopttt.i.adiiioaa ha* been fully established The Increased e..Ht of living was mentioned as the most striking eco? nomic (hange needing adjustment through 'he tariff and a table waa submitted showing the percentage of increase in wholesale prleea al maa) articles in the period from ||f$ to 1110. The table gaVe ib ? pSr< entagt of tncrase aln'e H97 I 0 in farffl product! aa 9:i 'i pe d. i?; : per cent; clotbln' Implements. M 11 ?*? Sj| cal*. 23 9: house' furnishings. fTIf miscellaneous, 4 4.5 kn average In naani in Hvn-h commodities ol per . cent. In close conjunction with the high t <?Mt of living the report suggested the development of trustH und Indue* trial combinations during the same period ami |HV4| a liat of Iff such controlling thousands of plants and one having an aggregate Capital of many billions. It also referred to the rapid exhaustion of natural re sources and said "that the protective system has been greatly influential in maintaining a too rapid rate of de ;> t on <?f natural resources in order t.? .??..? ist- the constantly Increasing demands of a rising population la un ? unsj?stasable fact." Discussing ihS Democratic theory of loritt revision, the report declared for lha establishment of duties d< - signed primarily to produce revenue without thought of protection, and I for its attainment of Mrs end bj leg-] isla t Ion, thai would Pol injure oi de-J stroi legitimati industry. In this < onnec t ion i he re|?on in id; To protect profits, uf necessity I m^egjpl tu proteet inetncjicncy, it does not stimulate industry escausi u manufacturer, standing behind a tariff! wall that is protecting his prolits, is not driven to develop his business' along the llnea of graatesl emclency, and greatatt economy. Thin is clear? ly illustrated m a comparison of th S'Ojpl and iron and sttel Industrie* Wool has had a specific duty tha< when worked show-, an ad valorem basis amounting to a tai ol DO per cent on average value of all woolen goods Imported into the United States, and the duties imposed have remained practically unchanged for 40 years During that time the wool industry has made comparatively little prog? ress In cheapening the cost of Its pro? duction and improving its busi ness methods. 'On the other hand, In the iron and steel industry the tariff rate has been cut every time a tariff bill has been written. Yet the Iron and steel in? dustry has not languished." In a series of tables the report showed that the articles dutiable un? der the Payne law and placed on the free list by th Underwood bill in the last year yielded a revenue of $24,698.226 on Imports of $102.402, 57$. The committee took from the present free list and levied duties against articles which. It Is estimated, will yield $4.647,055 revenue on $4 2, 595,510 during a 12 months' period under the Underwood bill. A com? putation by treasury experts present? ed In the report shows that the gov? ernment revenue, from all sources, in 1912 was IISMSS.IS] and the gov ernment expenditures $001.297,9 f>9. leaving n surplus of $37.224,502. The estimated revenue front all SOUr< M for the first year under the Under? wood bill Is $920,000,000 and the esti? mated expenditures $901,790,000. With a treasury surplus of $1,111,000 this would leave a deficit to be raised by the income tax amounting to $68, 790,000. The earning power of the income tax the first year of its op? erations is fixed by the report at $70, 125.000. In its estimate of the amount to be raised by the income tax the com? mittee presents a table showing that 126,000 Incomes between $4,000 and if n M pgy 16*0.00A ras; i7?.onn income! betweep *"'.""" and $1. will pn) |6,H40,0OQ; 5,3.000 Incomes j ...aw...., $10.04)?; nog* ft5,0o0 will pay fi 240,00?: Jl 50*0 incomes between t! 5,004) iind * -" W i.'1 pa? 'v 000; l 0,|0o incomes between jf2O,0 M and 125,000 v.l1 pa) |2,lO0,0O0j ill,-! As Incomes between $Hf?,o00 and $.'10,1)00 m l J 1; * ?? ?,?...,?., i .,.??'? HI ! eomes bi tWeetfl $50,000 und $100,000 \? ill {..?.. 11! ...?,e ???<?< j ;.?? > 11- one 1 b>.iwe??n tJSO.aOO upd $25o,ou0 will p.i s $! ? O.OOO: ' 50 im onu ??' I ?v ??? |2??o,ni'i?j and ?.".?'??,Oimoi w A\ uu\ ?1.5,sog, ?.*?o Incomes bciwot n t*#oo - ?00 and $1,004),000 wdl pa; 000, and 100 Incomes of over $1.000, 000 will pay $1,110,000, a tots) ol 121,000 inconu-5; to bo taxed $70,115,-1 ? M'O. The report n - that the uvune ' tax Is Included "'.n response tu the ceneral demu'v1 IT c ? Id tax? lion and to the long standing need "t an ?la*ti<* and productive e^&teni of revenue." in connection with our legislative work of readjusting lbs old snd adapting a new necal policy," the re? port continues. "congrsas should eliminate the Iniquities and abusei of the existing system of tariff taxa lion, reduce the customs rstes lo ? sound revenue basis snd levy an In? come tax in equalise lue tariff bur? den and t.. give elasticity snd pro duetlveneai lo otir revenue system." The report characterises ihe pres? ent tat iff system iS "fluctuating, in? flexible, unstsbl? and often times un? productive, thus exposing the k^>v ernment In defb leni les or excesses with all their attendant embsrrs msata The repoit declared Ihe maximum and minimum ?lause of the Payne law giving the president the power lo impose additional duties ?>n the goods of Countries declining to In elude Ihe Lfn!tt4 States as "a most TIE VETERANS* MEETING. soLIHKltS OF FOHMlit VK.MtH (.M ill It IN HI I NION AT AIKEN. Man) Interesting Invents und Stirring Nin'ocIics Dining the Day Arouse KnlirrisMin or AML Alken, April 23.?in the Theetone theatre this morning, with a stags profusely decorated with tattered ban? ners and battle-scarred relics of the ?lO'a, the annual reunion of Souil Carolinu <. vision, rnlted Confcderab \' rai . ortl< inII) op< here. "he trains of last nigh! bn? ?';-(>( into Aikcii vast oueouraes of people, while1 fh..^.' ;bi; morning ineroas? ! the streain id comer**. Hundi.i ad-' dltlonul arrivals are exi.????! during] thu remainder ol in., uftcrnoon .if:-!' throughout He- night. Numl>ers vet.?ran- ure coming in from v tgust?, ami other parts et' Richmond county, Georgia, to mis and mingle with theii old comrader Seated on the stage of the theatre when the literary exercises be this! morning were numbers of official In dies and the Daughters ol th< local chapter, in addition tu a number ol distinguished men, including Gen. U. R. Brooke, historian and orator; Gen C. Irvine Walker, honorary comman der-in-chief of all tin surviving fort i of the Confederacy A Col. i'. Hen? derson, ex-Gov. John C, Shcppard, Maj. Gen. B. Hammett Teague, who is commander of the South Carolina di \ ision, and ol hi??. The uphers were unavoidably slow in seating the 1,500 or more people who hied into the theatre, and it was j not until 10.30 o'clock?30 minutes late?that the curtain went up and the ' exercises began, with Capt. C. K. Hen? derson, commander of the Harnard E. Bee camp of Aiken county veterans, presiding at the preliminary opening. As the curtain rolled up the band was playing a medley of old Southern airs and war tunes, merging into 'The Bonnie Blue Flag" as the curtain was raised. This brought forth shout af? ter shout but the demonstration was not in the least degree comparable with that which burst forth from a thousand throats when the band struck up "Dixie." The presiding officer then sounded his gavel for older and an invocation was ordered by n chap? lain, Lieut Col. F is, I>. 1).. of Walterbore. The first speak i bert B. Gyles, mayor of J lellvered a general gddreei *ome to j Aiken, assuring the it Aiken deemed It a signal td a pe? culiar pleasure to n hi re, lie expressed, tot?, t.ie nope that the) would remain longer in Aiken than did Col. Kllpatrick when he sncdunt- i ered here, in lSt>5. the fighting men Of Joe Wheeler. This brought ap? plause of appreciation and an under? standing laugh. Weloomin ; the veterans was Col. Daniel S .Henderson of this city. IDs introduction?or rather his presenta? tion, for he is known all over the State?orought forth shouts and cheers. Filled with the appeal of his irresistible eloquence, the welcome of Col. Henderson was signally imprcs ive When he had finished his re marl I 0< n I R, Brook ? introdu? ed : resolution thanking Qen. Bennett it Young, commander-iu i i*.I? I ,,r tin Confederacy, tor his'selection ??! Col. Iletidi 11 oi to deli er th? annual oi.- ? tloi <\' the CliattU4ioogM reunion Th< i, ol tit ion contlfiUed by eos^unvnding tin wisjdom ol (Jen. Young's ?! i Tiie resoluti??ti received '?> prompt sec? ond, and, *,v i rating vote, was unani i. i ? usl j adopted, Tl ? addri as uf a el< oi to Ire Sons of v? . in ?? ,? nd ? iv p lud) atti ndui h v as di IB red b) Haddon Johnson. Then u ?mmumh r of ?i,. dB n t;. !.. T< iitfi v. was tendered the u ?^ ?f the further ? slon of 1 li< ? -t ? lion. Responding to the .several addrcas? of welcome was Col. W. H. Edwards of Chester He thanked Aiken for in ? it ng them here: ' When everywhere else we Aerc neglected." He *>aid lhat the) had :t11 heard of the cliarmti of Aiken, hul that she was truly more rhurmiiiu than had ever been depicted to the outside world, concluding with profuse assurances to the effect that: "In the future this will be a green I ?pot iti the hearts of us nil.' bTe annual orator of the occasion was John C, Bheppard of ECdgetield, ? former governor of South Carolina, and still actively Identified with the affairs of ihe commonwealth. 11 i^* In? troduction elicited vkiferous ap? plause. Mr. fthcppnrd spoke without any manuscript AI nil times n speaker of most distinctive ability, he sur? passed himself today, is the mit favored tuition' In commercial ad iustments has been a failure, The new tail strikes that provision from the law and gives the president the power to negotiate trade agreement; containing "mutual concessions'1 with foreign countries to be approved b) congress. spoken opinion all who ever heard him apeak, it teemed with the win ? loin ot the HtiiteMinen "i "id who m?de South Carolina'? liiatory u rec? ord ??f successive glorious achieve in?ms. it burned with the Hres of patriotism, throbbed with veneration and reverence, love and care for the survivors of the Confederacy, and was aflame with the fires and traditions of the old South. Many times was the Speaker in terrupted with applause provoked by ' his utterances, and as he mentioned the leaders of the War Between the. lions th resultant cheers were that, tlieij deed* and Lheii a/ortl at still fresh in f.h* memoi t of tl ii The mention ol Kol ?er 1 l. 1 ?>'-::::??. ? referent ??? Wadi Hampton Mai ha > Iii dford rorrc-st and othe ??? o.< t< d like magic upon the assembled peu ; pie, and . |p . i : Vi' i t Ueei mount< d whirlwind ??! prolonged applau ! a hie a was followed i ? 11 .? in duet ion ol Ucn C*. > ??. ii W ? I who ?. i most cordially and heartily received by his comrades, The gov< rnoi ol South Carol I made ? * short ppevi 11 This afternoon the et? ru the Bone Of Veterans are holding gep arate conventions .'lo- veterans In the theatre and the Sons of Veterans in! the Titaniun hall. Tiie la die.", are heing tendered a reception at tho homo ol' iJr. and Mrs, Hastings Wyman, sr. At ihe theatre Ililts evening Iber? occurred the formal presentation ol the sponsors and maids of honor, a number of musical selections, Includ? ing solos, chorus work and instru? mental, followed by a dramatic en? tertainment given by local amateur talent. The veterans will hold their elec tons tomorrow morning. The grand parade is scheduled for (.30 o'clock tomorrow afternoon, while the grand hall, which Is the last official function or gathering of the reunion, will be held in the Tita nian hall tomorrow evening. This last Is In compliment to the reunion's of? ficial ladies, sponsors, etc. So far but one accident has marred the occaalon. .lohn Boatwrlght, a citlsen of Ridge Spring, was run down by an automobile and received pain? ful injuries. Assistance was quickly produced, and he was rushed 11? one of the several emergency hospitals that have been fixed about the city The physicians do not think his in? juries likely to result fatally, though they are very painful. It is not be? lieved that he was internally injured. Teachers* Examination. The regular spring teachers' exam nation will be held at the Court House, Friday, May 2nd, beginning ;it o o'clock A. M. The questions will he based on the State adopted text books. J HERBERT HAYNSWORTH, County Superintendent of Education. Cut6 Cut?, f For man and Galls, / btast So?. ^J?{? Gives immediate relief. Heal t w nnoney bade tk \___|. It f.d.." . . % f I - %W C ? Pratt ProfiVrilSIUSj Booklet, 1913 Almanac FREE. W. v *?? - don llrogdon, Geo. H. Hurst, CNDKRTAROt WO EMBACH] .11 Prompt attention to duj or night I ?Um AT CM&D .j. i>. i R \IG STAND, S. Sfuln Strt et. IISJ IMiomo 539. *,'t.lit Phoni 201, !flBs?W: I i Would You Like to Know Where you can get the best shave, hair .cut .or .other tonsorlal work?. Its right opposite the Post office, Itrop in today and learn about our excellent service. The Sumter Shaving Parlors, Dan P. Mosely, Prop. ? * : i 4 I 9 4 i ? i $ i ?T ??? ?? I ? i f Hi; ; ? ! ?i . (? i . |<i %??>, If Ml ? U I ?i - ??* ? ? In tt|dj i i ' > 11 iilia;; |?)< !? i i i o .. ||k< ;;? . ?? *n t, it. i..mI(- ii unil dm I *. farm talucs stuitifis or houlilci It ?vi i to ?'?.'* i ? i ii, v III in : I ut ?\ U t j i Writ* roll |mi ?< t. !? I Ill, u III I ' til I. ! Lit. t >| Ml-l I , .11 e- work i" be. lioiir 4? nrniinr Mr. Land Owner The Biggest Problem in the South is Drainage. I l AI j LH I 1 IV! i il IJ I l\#\ml IL i i E. J. Schabelitz, I P. O. Box lb6. Su niter. S. C. 1 ? There's Music in the Air Music of the kind that makes the heart glad, when someone plays a "WINTER." Here it is, the Piano you really want, the one you can own by reason of our liberal terms. The Pringle Piano Co. AT SIMPSON FURNITURE CO. 8 EAST LIBERTY ST SUMTER. S.C. 1 ? As a Lei ter ?: R<. I e ? ence rATT CAN.M A iUA Accouor ? We offer you our servit i? always prepared pi[>te< ( - i -ii? intf i v"Nt. ? IF IT WAS Only to ?lo over again rd liavo more sonne*1 I* the rrj ??f inn] a man who has passed llio larger earning prrual of Mm life in ha\ ii\? a "good time" Instead of |hv|iarliig for ??l?i age. However, life is a one-wa\ Mail?ii- "Do it Now" or reget it later. It i- our earnest desire lo otnhlhdl rrlnticNII of mutual useful? ness with more of the yoUltg men of i Iii- community, tome in ami let u- demonstrate to you our nlillitji i>? amdsl you in >our en? deavor* to gel nliend in the world, not mil) demonstrate our ability hut our willingness t?? luijt poll in an> wa> consistent wl'.li safe, sound hnnklllg. Fir^t National Bank *????????????????????^