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AN ACT TO PROVIDE REVENUE, TO REGULATE
COMMERCE WITH FOREIGN COUNTRIES, TO
ENCOURAGE THE INDUSTRIES OF THE UNITED
STATES, TO PROTECT AMERICAN LABOR, AND
FOR OTHER PURPOSES

SCHEDULE 16

FREE LIST

JULY 11, 12, AND 13, 1929

INDEXED

Printed for the use of the Committee on Finance

UNITED STATES
GOVERNMENT PRINTING OFFICE

WASHINGTON : 1929

COMMITTEE ON FINANCE

UNITED STATES SENATE

SEVENTY-FIRST CONGRESS, FIRST SESSION

JAMES E. WATSON, Indiana.

REED SMOOT, Utah, Chairman

FURNIFOLD MCL. SIMMONS, North Carolina.
PAT HARRISON, Mississippi.

WILLIAM H. KING, Utah.

WALTER F. GEORGE, Georgia.

DAVID I. WALSH, Massachusetts.

ALBEN W. BARKLEY, Kentucky.

DAVID A. REED, Pennsylvania.
SAMUEL M. SHORTRIDGE, California.
WALTER E. EDGE, New Jersey.

JAMES COUZENS, Michigan.

FRANK L. GREENE, Vermont.
CHARLES S. DENEEN, Illinois.

HENRY W. KEYES, New Hampshire.
HIRAM BINGHAM, Connecticut.
FREDERIC M. SACKETT, Kentucky.

ISAAC M. STEWART, Clerk

ELMER THOMAS, Oklahoma.
TOM CONNALLY, Texas.

II

LIERARY OF CONGRESS
RECEIVED

FEB 3 1930

DOCUMENTS DIVISION

5/14/29

FOREWORD

Under authority of Senate Resolution 335, Seventieth Congress, second session, the United States Senate Finance Committee, for the purpose of investigating the effects of the operation of the tariff act of 1922 and the proposed readjustments as set out in House bill 2667, commenced general tariff hearings on June 13, 1929, pursuant to the following public notice authorized by the committee on June 7, 1929: Dates of hearings and tariff subcommittees

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Subcommittees

Subcommittee No. 1, room 212 Senate Office Building
Smoot, chairman, Reed, Edge, King, and Barkley.
Edge, chairman, Smoot, Reed, King, and Barkley.
Reed, chairman, Smoot, Edge, King, and Barkley.
Subcommittee No. 2, room 312 Senate Office Building
Shortridge, chairman, Smoot, Watson, Harrison,
and Connally.

Shortridge, chairman, Smoot, Watson, Harrison,
and Connally.

Watson, chairman, Smoot, Shortridge, Harrison, and Connally.

Smoot, chairman, Watson, Shortridge, Harrison, and Connally.

Subcommittee No. 3, room 301 Senate Office Building

Bingham, chairman, Greene, Sackett, Simmons, and George.

Greene, chairman, Bingham, Sackett, Simmons, and George.

Bingham, chairman, Greene, Sackett, Simmons, and George.

Sackett, chairman, Greene, Bingham, Simmons, and George.

Sackett, chairman, Greene, Bingham, Simmons, and George.

Subcommittee No. 4, room 412 Senate Office Building

Deneen, chairman, Couzens, Keyes, Walsh (Mass.), and Thomas (Okla.).

Couzens, chairman, Deneen, Keyes, Walsh (Mass.), and Thomas (Okla.).

Keyes, chairman, Couzens, Deneen, Walsh (Mass.), and Thomas (Okla.).

NOTE.-Hearings on "Valuation" will be conducted before the full committee June 12. All meetings will commence at 9.30 a. m. unless otherwise noted. Hearings on free list, administrative and miscellaneous provisions will be conducted before full committee at the conclusion of the subcommittee hearings.

Hearings on the free list began before the full committee on July 11, 1929, at 2 p. m. At the conclusion of the hearings for that day the committee unanimously decided to have the remaining witnesses on the free list appear before the above subcommittees before which they would have been heard had the item on which they testified been on the dutiable list. This policy was pursued as closely as practicable. However, owing to the congested condition of the calendar of the witnesses assigned to Subcommittee No. 1, the witnesses on paragraphs 1740 and 1762 were assigned to Subcommittee No. 4 for hearing

Stenographic reports were taken of all testimony presented to the committee. By direction of the committee all witnesses who appeared after the conclusion of the hearings on valuation were to be

sworn.

The testimony presented, together with the briefs and other exhibits submitted, is grouped together as far as practical in the numerical order of the House bill, which has made necessary the abandoning of the sequence of the statements and the order of appearance.

ISAAC M. STEWART, Clerk.

III

TARIFF ACT OF 1929

SCHEDULE 16-FREE LIST

THURSDAY, JULY 11, 1929

UNITED STATES SENATE,
COMMITTEE ON FINANCE,
Washington, D. C.

The committee met at 2 o'clock p. m., in room 312, Senate Office Building, Senator Reed Smoot (chairman) presiding.

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The CHAIRMAN. The committee will come to order. I would like to say a word or two to the witnesses this afternoon before beginning the hearings. There is a long list of witnesses that desire to speak on the free list. Among them I notice about 15 on gypsum. Let me suggest to the parties interested in that question that it would be very much better for all concerned, not only the committee but those interested in the industry, if they would get together and appoint one man to present the case for free gypsum and another man to present the opposite view.

Another thing I wish to say is this, that wherever there are briefs filed I hope those briefs will completely cover the question. You must know that it would be an utter impossibility for the committee to take all of the evidence of every witness, particularly when there are a dozen witnesses upon the same subject matter. It would be much better and much simpler if a good brief were presented covering the whole situation, both for and against, so that the committee when it begins to write the bill could take those briefs and compare them, and I am quite sure that the result would be more satisfactory than for the committee to try to wade through all of the testimony that may be presented by a dozen witnesses. I simply say this with no intention whatever of trying to choke off anybody who desires to speak. It is not that. I speak of it because I believe it is for the best interests not only of those who are in favor of a tariff, but those who are in favor of a lower tariff or no tariff.

With that statement I will leave the matter now with the interested parties, and if they can get together and one man speak for one industry, and he can have longer time, and let him present it thoroughly, I am sure that it would be better for all concerned.

Senator WALSH of Massachusetts. Of course each witness can file a brief?

The CHAIRMAN. Each witness can file a brief upon any subject that he wants, and he need not appear as a witness. I do not care where the information comes from-what the committee wants is information. And I believe the best policy for a man to follow is to write out a brief, where he can sit down and carefully study the question. In fact it would be the policy I would follow if I were a witness in the case.

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