Watertown republican. [volume] (Watertown, Wis.) 1860-1906, 1888-10-10
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The Two Tariff Bills.

With the Mills bill as passed by the
House and the Senate bill as reported by
the Finance committee and Endorsed by
every Republican in the senate before
them, the people can determine with IT.
telligent precision the real difference in
tariff policy between the two parties, and
during the next month clear idea on
that subject should be formed by the
public. The subject is TOO extensive and
complex to be fully taken IN at once.
The absolute reductions of the bill are S65. O0e-
600. These reductions are distributed as follows:
Sugar. $4,000, 900; IN the forty-two articles on
the free list, Sc 400 Oo0 on alcohol used in the
arts, 81. 100000; on tobacco. 24,0GO.OO0. 1t is
claimed that these are specific reductions. An
other calculation has been made as to the effect
Of the bill based upon the customs receipts for
the last fiscal year. According to this calcula-
tion the reductions effected by the bill will be
s730OO, 900. This result is reached in this man.
ner Reduction on customs articles, $40, 297 ,E33
SO. ct will be seen that the calculation is very
exact. and that it goes to fractions of dollar.)
To this is to be added the Internal revenue re-
auctions S24 OOU OuO, and the reduction ON to-
bacco and alcohol, 100000. az
Whatever ones opinion may be of the
advisability of abolishing the tax on
whisky, no one can object to the aboli-
ton of the tax on alcohol used in the
arts, provided only the discrimination CD
be maintained without leading to fraud.
The experts think it entirely feasible,
and it is certainly worth while to try.
The internal revenue tax ON tobacco is a
hardshipon large class of farmers and isan
unnecessary burden upon the consumers
of domestic tobacco, without having any
lettering effect upon its use. 1t does not
bear upon the rich, who smoke imported
cigars, that 1924, 900, 900 coming out Of the
laboring class and those in moderate CIR
cumstances, who alone bear the burden.
With the tax removed perceptible re-
duction in the retail price OF chewing and
smoking tobacco, and in domestic cigars,
will be inevitable.
The estimated reduction in sugar by the
Mills bill is SIC, 467, 583. "a, not as much
by SIT 100000 as MAIDS by the senate bill.
The latter adheres as closely to- the pro-
tective principle in sugar as in anything
else, but if passed it would break up the
sugar trust, with headquarters at New
York, which is now such a heavy burden
on the people, without affording any ad-
vantage in return. ~
The senate bill would reduce the rev.
epue by it's free list to the extent of &c.
100000 on forty-two articles; the house
bill $19,773,594 by free-list ng IA arti-
cles The principal difference is in wool,
which the Mills bill would let in duty
free, but there are numerous other cases
of the same sort in principle, ,'for exam
pie, tallow. The removal of the present
duty of 1 cent pound on tallow, as pro-
posed by the Democrats, would perceptibly
lessen the value of all the cattle of the
country. The present. dptyis almostpro-
hibitory in its effect. Take it off and
South American and Australian tallow
would glut the market and bear it so as
to be distinctly felt iE the Union stock
yards Chicago Inter Ocean.