OLEOMARGARINE. 561 



respective views, calling attention to those particular parts of the tes- 

 timony deemed important.] 



Mr. Knight agreed to present, in due time, the views of his side in 

 favor of the bill. Mr. Schell agreed, for his clients, to furnish a brief 

 resume of the proceedings before the committee, and to furnish a brief 

 on the constitutional questions involved, as he had theretofore promised 

 members of the committee. 



It was thereupon announced by the chairman that after the honora- 

 ble Secretary of the Treasury and Hon. James W. Wadsworth, a 

 member of the House of Kepresentatives, should have been heard, the 

 hearings on the pending bill would be closed. 



The committee thereupon, at 11.40 o'clock, took a recess until 12.15 

 o'clock p. m. 



At the expiration of the recess the committee resumed its session. 



Present: Senators Hansbrough (acting chairman), Warren, Foster, 

 Bate, Money, Heitfeld, Allen, and Dolliver, 



Also, Charles Y. Knight, secretary of the National Dairy Union; 

 Hon. William M. Springer, of Springfield, 111., representing the National 

 Live Stock Association; Frank W. Tilliughast, representing the Ver- 

 mont Manufacturing Company, of Providence, K. I.; Charles E. Schell, 

 representing the Ohio Butterine Company, of Cincinnati, Ohio; John 

 F. Jelke, representing Braun & Fitts, Chicago, 111. ; W. E. Miller, repre- 

 senting Armour & Co., Kansas City, Mo., and others. 



STATEMENT OF HON. LYMAN J. GAGE, SECRETARY OF THE 



TREASURY. 



The ACTING CHAIRMAN (Senator HANSBROUGH). Gentlemen of the 

 committee, Secretary Gage was invited to appear before the committee 

 to answer some questions that were to be put by Senator Money, I 

 understand. 



Senator MONEY. No; I do not care to trouble the Secretary. I merely 

 asked that he be invited here, as the Secretary of the Treasury, to 

 express (if he saw fit) his views on the pending bill, which is a revenue 

 measure. At all events, it purports to be a revenue measure. 



Senator BATE. Of course you have si en the bill, Mr. Secretary. 



Secretary GAGE. Yes, sir. I always respond to the invitations of 

 the committees, whether it is agreeable or not. I would prefer to 

 answer questions, if any gentleman wishes to ask them. If, however, 

 you wish me to state my views of the bill, I can do so very briefly. 



Senator ALLEN. I should think that would be better, Mr. Secretary. 

 We should be very glad to hear your views of the bill. 



Secretary GAGE. Of course I only feel at liberty to state my views 

 as the Secretary of the Treasury, and only upon that part of the bill 

 which involves the question of revenue. 1 .might have personal views 

 which go far beyond those; but you would probably not care much 

 about them. 



There is, in my opinion, an objection to the bill on either theory. If 

 it is a revenue producer, it is superfluous; we do not need it. If it is 

 not a revenue producer, then the title of the bill is a misnomer, and it 

 is inoperative in the name of revenue. It seems to me that on either 

 theory there are serious objections to it. 



I think that covers all 1 care to say directly on 'the subject. 



Senator MONEY. That is pretty good. 



Senator FOSTER. It is right to the point, Mr. Secretary. 



S. Rep. 2043 36 



