New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1892-02-11
TO REDUCE WOOL DUTIES.
ANOTHER DARK LANTERN CONFERENCE.

REVENUE QUESTIONS TROUBLING THE FREE
TRADERs-1.ARGE LOSSES UNDER THE
SPRINGER Br11,-MANY INCOME TAX
MEASURES PROPOSED
INV TELEGRAPH TO TRIDUNEI
Washington, Feb. 10.-There was another conference
OF te Bark Lantern section OF the ways ana Means
Committee to-day, and as usual no conclusion was
reached The members OF the Junta were unusually
r.ticent and some of them were unwilling even to
cav what bills were the subject OF discussion Chair
man spr1ngers reply 10 an inquiry on that point
was
ooh we considered all the Tariff bills"
As those bills number nearly a hundred. the J,nta
must have been pretty busy Ihere is reason 10 oc
ueve however, that the Wool bill was the chief topic
OF discussion There IS difference OF opinion DC
trcep the Sangamon statesman and some of his dark
lantern colleagues In regard to the amount OF educuon
~ the nd valorem rates woollen manufactures
ua IL willing to accede to the maximum ra'e OF
IN per cent ad valorem on the highest grades ou'
leunurs TO the proposition to reduce the lower i"oo
3 per cent a reduction which some members OF inc
Jrnta insist shall be maze. $500 =.
The subject OF revenue is one when mas pesun "
trouble good many FreeTradcrs in the House on'sur
=, tho Vavs and Means Committee They realize tha'
70 t,ere shan be any tariff legislation which VIII greatly
sm,nsh the revenue from customs 1t VIII De aoeouN
necessary 30 repenish the Treasury rom some odoi
,oprce in order to provide for the necessary eApehui
MIRO. OF the Government. The "NVehue rcio'"oi'
oaya always maintained, during the last fifteen years
:. -. tho+ n reduction OF rates Of duty would rsnh
- oorresponding decrease OF revenue, and IL is 'oo
late for them to abandon that posluoh' Lie op''so
Free Wool bill in its most recent lorn Wou'u - .
the revenues from wool alone, on the OASIS VI TO-
years tmportations, by the sum OF S"ooo'Zoo nv
total velue of the importatons OF wooen goods IN ~
pdqd
GAO no and the rates Of duty TO be Ieduceo u "
average of less than 40 per cent al VaIofcin w.
only are some Of the rates to be reouceu 10 80 ' ..
80 per cent respectively but all SPECIFIC ra'ee Air
he abolisheds and ad valorem rates only ici'e" i
will Inevitably result In heavy loss OF revenue nu'
81 the importaaons should not increase Dcsohu u
natural ratio, and duty Of 40 per cent sHo"iu -
COLLECTED on all goods, the total revenue uhucr uo
voollen schedule would amount to only slo'@o-'oOo'
loss of revenue, as compared Win the yen '"
30 1850 under the tariff OF 1855, aihouii'i"e "
SCI $4,000. The loss OF revenue uhoer Ho SpaineO
bill therefore could not be hess than ABOUT
The duties collected cotton-tes ana hoops To'
.o,no nnrrsses in the year ended June ~. looi'
amounted TO about S35OOOO. There are nearly soofe
ss bills pending to place these articles on the 1e ~
and as many mon for repeating the dunes Oh o'Senie
and one for the repeal OF the duties on Uor'Ai ~ zoe"
for gyain The duties on salt, which u 70 p1opo"e" !"
r.pesl amounted to 1894 900 in 1890 In the SAME
wear
an the free list amounted to about Sl,3ooooo' rive
coal and hon ore are among the articles the demand ir
mich x lo,sd and persistent. The Imports OF coal oA
nr the wear ended 80, 1901 amounted 10 i'oo''
eco tons, the duty on which, at 10 cen.e V' 80 -
m to S7l6637. Many other propositions 70 iofV''.
4ce dut,es ON a large number of articles are Peiuis
in the Committee Ways and Means as mas aiie"ps
,r shoxn IN these dispatches but the leglsauoh pro
ros.S In regard to the articles above menuoheu ao'
enacted would cause a loss Of customs Te'chuo
ing no more than $50, 100000 year.
But considerable number OF inhuehtai eou'ei"
Democnts also propose TO reduce the revenues Ho' ~
tuna taxation some Of them desire to relea III sum
- +, &c main therefore even to Democrats, That
something must lie done to provide other ways anu
means for the support Of the Government 80
many of them in favor OF the Issue vi NJ ~
money as may be necessary, but more OF theh pre-
me inposi,ion of graduated tax on incomes ana I'
Wike OF Illinois, yesterday after consultation WIN
cora many M his party associates offered rsoiu'o"
,ns,rncting the WAYS and Means Committee 10 bils ~
q hill for that purpose. There Is no uear." u -
measures at least n dozen having been Already iIo.I
~, Srinrers committee. Most of them were onereu p'
southern members but Mr.. Lane, OF HhioiS' anu '
Wheeler OF Michigan, are represented by Suun DIS -
rh. erst one was introduced by Mr. WilnaHs, Va
80, Corol,na Like a number of the other DIS u's
.ns * adorned with a preamble. IL se1 io '1H
atbe farmers and lsboring classes OF our coun''S nv
,cn having an unequal and unjust taxation, anu 'n.
4ax.s shoud be imposed fairly ana justly 50 ''' "
- h.ar the bur,ien Of taxation in proportion 10 'hei
ohu,tv TO pay" The bin imposes a tax m per cei'
,non ALL incomes of individuals. hrms estates anu WI
porations exceeding 5000 and not eAceeolns Fio'
. nor cent on incomes OF $4,000 to S2o'ooo per cen"
on ,noomes OF $4,000 to $4,000; per cent OH III
Comes n, $4,000 TO $4,000; per cent Oh noo' y.
$4,000 to 100000; per cent on incomes Oh
" sooo 600 and 10 per cent all Incomes e1ceedihs
100000. - -, Alabama nro-
roses a tax of per cent OH all incomes LII oA'0'
GO ooo a wear Mr.. Wheeler, OF hlchiedi' P'"P
TAR OF per cent upon the gains proh's ana i''D'0
svcrv per,on irrespective OF the amount oi sau ~
800 TIC scale Of taxation embodied In the Dill
r.r.d nv Mr. McRae, OF ARKANSAS, Is as ~ io"' :
"a 600 % $4,000 l per cent; $4,000 10 @-~'ooo'
per cent S25, 900 u $4,000, per ceiu' @'''0''
Nooo CO., per cent; over 100000, o per cent
No fewer than four OF the twelve Dds "eie o"0'V
nv Tennessee Representatives, AID TO earh OF 'ne %
nrsexed a stump speech In the form OF preaiuioi7'
One of them proposes the following sc'"c '''0'0 -
o,o 600 . ner cent: 10000 10 S25,OoC per cent :
SD, 900 10 $50 900, per cent; $4,000 10 olo'oo' .
per cent: 81 900 10 100000, u per ceHO' ~i'N
Ia 5000 900, per cent; over T2OO'Ooo' 10 per '''
The scale embodied IN the III offered ny Mr. ITCHY, "
francesca, the same as the one above eAocp' ".'
the rate ON Incomes In excess OF 100000 Is 10 De
u.r cent instead OF Is. Mr. snodgrasS Of lehile'co'
became 30 excited over his own eloquent prc'h'oic
that his seaie of taxation beginning with 10 per cent
on ALL incomes Of 5000 TO 10000 runs up per cenV
OF spurt until 1t reaches % per cent all incomes
exceeding 100000. Mr.. Richardson's preamble oon-
denns pure monopoly" and ~fvorcd classes anu
declares that the present system Of taxation Is con.
trarv TO the genius OF nsut ons and destructive Vi
love and devotion TO those institutions ON the Ps' Vi
tho peoplen OF course. therefore, Mr.. Richardson
tiu is @ measure which may be fairy regaioei "S
radical I'm its nature. The scale Of taxation ne pro
poses 10 as follows $1,000 to $4,000 per cent
5000 to 10000. per cent; 10000 10 49,
900. Is per cent $4,000 to $4,000, 20 per cent
$4,000 TO 100000, so per cent; over sloo'ooo
20 Yer cent $1,000 -, rox.. ,onos.s
The bill Offered by Mr.. Lanham OF Texas, proposes
a uniform tax Of per cent on all incomes In excess
Of 5000. Mr.. Mansur, OF MISSOURI proposes 70 ~
enact the income-tax law passed by the XX&Hliu
Congress except that the exemption shall be SI,-oe
Instead OF $500 The scale proposed by Mr.. Lane, o.
,n.~ts h.cnx nj I uer cent ON incomes OF "a 900 L