THE UNITED STATES

Taranaki Daily News, Volume LII, Issue 149, 20 July 1909, Page 2

THE UNITED STATES

DUTY ON DRINK. By Cable.—Pros,, isociation.—Copyright -New York, July 18. A joint committee of the two Houses at V. u hinglon has confirmed the Senile s nildilrn of la per cent, to tht .41 lie- mi wnu i, spirits and liquors. THE PHILIPPINES T.UII'F. Received 111. 1! 'i New \. .Inly li). President Taft, receiving „ deputation, expressed a wish that the House of Representatives would reaffirm the vole for tire free entry into the Philippines of oil, coal, hides, iron ore and the reduction of the duty on lumber. Owing to its 'intricacy, it is, however, unlikely that Congress will largely alter the Philippines tariff as framed iiy the .Manila officials. Colonel Colton, Insular Collector of Customs, believes that the immediate effect of the new tariff will lie a shrinkage of foreign cotton imports, which will be advantageous to American mills, but the shrinkage will be but temporary. The scheme is based on what had taken place at Puertorican, where American imports have increased fivefold since free trade was introduced. The loss to the Philippines Treasury is to lie met by increased inland revenue nnd a tax equally upon domestic manufactures and American foreign imports.