The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1875-02-05
The General Tariff Question.
Especial dispatch to the Chicago Tribur

Especial dispatch to the Chicago Tribune.
WASHINGTON, D. c., Feb. 1.-The Ways an
Means Committee to-day, for the first time
began the consideration of the tariff queation
1t was discovered that the Secretary of tn
Treasury has sent in a list of articles from
which the Committee can select articles whicl
can be taxed to the amount of $50, 600, 600
| The list includes sources of revenue for
much larger amount. 1t appears that tn
Secretary needs the additional $780, 0OO,O 900 t.
meet the necessities of the Sinking Fund
When this became known, it is said that Their
was considerable excitement in the Commit
lee.
| The proposition was then made to conside
] the tea and coffee bill. A Democratic member
of the committee said that the Secretary o.
| the Treasury has no right under the circum
| stances to send any such list to the Ways and
Means Committee; that the necessities of the
Government are not such as to warrant any
| such assumption of burdens on the part OF
Congress, and that the money was not needed
to carry on the Government. Another mem
Der suggested that the sinking fund is already
$500, 600, 600 ahead of ITSELF and that if in
creased taxation is only needed for that pur-
pose, the members Of the Committee on Ways
and Means should stand together shoulder to
shoulder against any increase.
there would be restoration of the duty upon
tea and coffee. The drift of this meeting to-
day seems TO render it certain that the tax
will not be restored. Every member of the
Committee on Ways and Means, except Has
son, of Iowa, has record on the question of
taking Oft the duty on these articles It is
understood that the committee now stands 8
to IL against the reimposition of the duty on
tea and coffee. Those who have devoted
much attention to tariff matters are now of
opinion that the only increase of taxation will
be the restoration OF the 10 per cent horizon
tai duties.
Molasses Trade of the United States.
The New York Shipping and Commercial
List of the United States shows imports and
of molasses for the past year as
follows:
The prominent points in the business in
molasses for 1874 are, the decreased imports
Of foreign descriptions as compared with 1873
The diminished supply of domestic owing to
The short crop of 1894 of Louisiana the
If these reduced supplies. and as a result,
higher prices, notably for molasses of foreign
origin, than have ruled before for several
,ears.
BY referring to the following tables, it will |
'e seen that the total receipts of foreign at
II ports in the United States) exclusive of |
he states on the Pacific) for the year ending
December 81, 1874, were 40, 694 $50 gallons,
gainst receipts in 1873 of Al. 922, $50 gallons,
decrease of 1,227,791 gallons. or nearly
15-16 per cent; and that the consumption
f foreign in 1874 was 80. 5O6,257 gallons,
gainst consumption in 1873 of Al, 1856, 526
allons decrease Of 2,479, 269 gallons, or
yer $40 per cent.
For the year 1873 Philadelphia was fore
most in the importation of moasses, but for
he year under review, New York has taken
he lead. Boston and Portland received less
lolasses in 1874 than in 1873, while Baltimore
argely increased her importations The re-
epts at the other ports in 1874 taken as a
hole, did not vary much from those of
S73.
The following shows the receipts of foreign
each port, reduced to gallons, for the past
NO wears: