ON BEAM ENDS.

Stratford Evening Post, Volume XXXV, Issue 74, 4 April 1913, Page 5

ON BEAM ENDS.

SHIP IN A HURRICANE.

AN ANXIOUS TIME.

[By Electric Telegraph—Copyright] [United Press Association.] (Received 9.20 a m.) Sydney, April 4. The French barque, Pierre Antoninc, is being tewed in dismantled. On the voyage from Monte Video to Newcastle in ballast sio struck a hurricane on February 21st in the vicinity of the Kerguelen Islands, and was thrown on her beam ends. r l lie ballast shifted, and the barque heeled over till the starboard rail was six feet under water. Helpless with heavy seas breaking over her, the crew cut away the bulwarks, stays, and masts which carried away, and the vessel commenced to bight herself. Alter many hours’ anxious work in shifting the ballast, the barque regained an upright position, and a jury mast was rigged and a course set for Sydney. Favourable weather was experienced, and she, was picked up 35 miles out.

THE U.S.A. TARIFF.

THE COST OF LIVING AND THE INCOME TAX. [ I -T Electric Telegraph —Copyright] [United Press Association.] Washington, April 2. A preliminary agreement has been reached between Dr. Woodrow Wilson and Mr Underwood, the Democratic leader, respecting the tariff. The new tariff includes reductions of jthe protection that has been afforded nearly every American industry. The Labor parties regard the agreement as likely to force a general lowering in the rates of wages throughout the United States. Dr. Wilson and Mr Underwood agree that the first duty of the Democrats is to reduce the cost of living, even going to the length of securing greater competition from Europe. Mr Bryan has determined to stand aside in the interest of harmony, and will not take part in the tariff revision His attitude affects the Wool Bill. Mr Bryan last session made a fight for free wool. It is understood that Dr Wilson favors an income tax, beginning at £IOOO yearly and reaching £ per cent, on incomes exceeding £20,000 yearly. A super-tax will probably also be recommended.

WOOL TARIFF ABOLISHED

Washington, April 3. After a series of conferences with President Wilson, the Ways and Means Committee has decided on the removal of the entire tariff from raw wool. The Democratic members of the committee unanimously approve of this, and are pleased to find their two years’ fight successful. An advantage of the latest move is the bringing of Mr Bryan into full accord with the tariff revision programme, from which his support was previously withdrawn. The Ways and Means Committee intends to present a Free Wool Bill to the House, the President at the same time endorsing its provisions. The Senate’s reception of the measure is a matter of speculation. President Wilson will meet the Senators immediately in order to discuss their attitude. WOOL ON THE FREE LIST. (Received 9.20 a.m.) London, April 3. Reuter reports that the conference between Mr Wilson and members of the Ways and Means Committee at Washington agreed to place wool on the free list.