HEARINGS BEFORE A SUBCOMMITTEE OF THE SEVENTY-FIRST CONGRESS FIRST SESSION ON H. R. 2667 AN ACT TO PROVIDE REVENUE, TO REGULATE 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 1. Chemicals, oils, and paints. 2. Earths, earthenware, and glassware. June 14.. 3. Metals and manufactured June 26.. of. 6. Tobacco and manufac- June 13... tures of. 8. Spirits, wines, and other June 14. June 17. June 26. manufactures of. 9. Cotton manufactures..... 10. Flax, hemp, jute, and manufactures of. 11. Wool and manufactures of. 12. Silk and silk goods...... 13. Rayon manufactures..... 14. Papers and books........ June 14.. June 19.. June 24. Subcommittees Subcommittee No. 1, room 212 Senate Office Building Shortridge, chairman, Smoot, Watson, Harrison, 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. July 1 (2 p. m.).... Sackett, chairman, Greene, Bingham, Simmons, July 8... June 13. 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. 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, are 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 646764 TARIFF ACT OF 1929 SCHEDULE 1 CHEMICALS, OILS, AND PAINTS FRIDAY, JUNE 14, 1929 UNITED STATES SENATE, The subcommittee met, pursuant to call, at 9.30 o'clock a. m., in room 212, Senate Office Building, Senator Reed Smoot, presiding. Present: Senators Smoot (chairman), Edge, and King. The CHAIRMAN. The subcommittee begins the hearing on Schedule 1, chemicals, oils, and paints. I have a list of witnesses who have made application to be heard, and I desire to ask the witnesses to be very brief indeed. If you have appeared before the Committee on Ways and Means of the House, and have filed with the committee a brief, I do not want it here before this subcommittee, because we have all of that before us already. It will save the time of this subcommittee if witnesses will adhere to that course of action. I desire to call attention to the conditions existing relative to these hearings. If we give each person on the list five minutes, and sit from 9.30 a. m. until 12, and from 2 p. m. to 5.30 p. m., we can not get through with these hearings. I find that all of the witnesses on the list, with the exception of a very few, have already appeared before the House committee. We have that testimony. I also have made an examination of the testimony that has already been given before this subcommittee, and I find that nine-tenths of all that we have heard up to this moment is already, in substance, in the House hearings. Gentlemen, we should like to give you all the time that you desire, but that is out of the question. It does seem to me, therefore, that if the persons who appeared before the House committee want any further time to answer the bill as it is, without repeating what they said before the House committee, they ought to be able to do it in five minutes. This morning we will begin and allow only five minutes to a speaker. The subcommittee more than likely can not remain in session this afternoon; and what I should like to have you do this afternoon is for all parties who desire to be heard upon one particular subject and I see that there are over 30 persons to speak on some of the subjects here-to get together and appoint somebody to speak for that industry. Take olive oil, for instance, or any other subject 1 |