The Wilmington daily Republican. (Wilmington, Del.) 1890-1902, 1893-11-29
FORNTERNALR REVENUE
The Ways and Means Committee
Still Busily Engaged.
THE PROPOSED INCOME TAX LAW.

u Is Now Believed II May Include All
Incomes Of So, 900 and Upward-Mean-
time Republicans Arc Preparing Fight
Against Dros Wool.
WASHINGTON, Nov. 29.-The ways and
means committee is today devoting its at
tsntion to the internal revenue schedule
Of the proposed new tariff system. The
internal revenue schedule proper will not
be very difficult one but the income tax
scheme will involve considerable labor. 1t
still appears that the increase Of the
whisky tax, if any increase is made, will
not exceed 10 cents per gallon, and the
changes in the tobacco schedule will he
very slight, and directed rather to more
logical class OF coalitions than to an in
urease In the tax,
The whole income tax question is opened
up anew, and 1t is now possible that the
tax may, after all, be of that sweeping
character as to include all individuals of
an Income of 5000 per annum or over
The Republicans are already preparing
for vigorous fight on the new tariff bill
Circular letters are now being sent out by
the thousands signed by Justice, Bate
man s. Co, the Philadelphia wholesale
commission merchants, asking that Ger
tain data be sent to Mr.. J. c. Burrows,
Republican member of the ways and means
committee. in regard W the wool question
The following are some of the recummcn-
dations made:
estate to Mr.. Burrows the reason why
you cannot grow wool as cheaply here as
IL can be grown in Australia, Argentine
Republic or the Cape of Good Hope, where
for thirty years under free trade they have
grown wool, shipped it half way round
the world and sold it in London at less
than one half of the price obtained in tho
United States under Il protective tariff for
the same grade and quality of American
wool.
-- 1T has been stated that wool growing
east of the Mississippi on high priced lands
under free wool wight cease to be an in
dustry, but that in the Rocky mountain
region the industry would thrive under
free wool. Please give your experience
during the past, and let Mr. Bur
rows know whether he prospect of free
wool has so stimulated the business as TO
lead to the belief that wool growing would
thrive anywhere in the United States I'M
der free wool, and why. Has the prospect
Of free wool caused he bankruptcy OF any
wool grower who had previously been
solvent and prosperous If so, state the
proposition Of those so injured who here
totore were solvent. ..=.
'lf proper efforts are made by the wool
growers TO enlighten mem bers of congress
as to tho effect already produced upon
their industry by the prospects of free
~ool, the opinions OF enough senators may
thereby lie changed To make the repeal of
the Mckinley law an iinpossibiity."
OF course the principal theme of the dis
rnssion in congressional circles today Is
the new tariff bill. Conservative Demo
Gratis are figuring that tho deficiency
caused by the new bill will not exceed
eSs,0OO,000. They claim that in addition
10 the revenue to he derived from the
stimulated importation by the relief of
articles taxed to me degree of prohibition,
which they claim will amount to from,
Sl00oO,00D to 1900, 900 that the natural
increase in importation under the Ne
kinley bill, had not be hard times set in.
would have amounted this year to from
b5,oO0,0Oo to SO. .0OO,OOO With the re.
sumption Of business this increase, they
think, will be fully realized. 80 materially
reducing the amount to he raised by the
Internal revenue and from some new
measure yet TO be inaugurated.
in the south generally he effect Of the
hem tariff bill will not be felt so severely
rs elsewhere On account of the local char.
acier OF its great industries. In some 10
caiitlcs, however, its recllts will be felt to
, very considerable extent Rice. sugar,
irl1 ore and coal ore nre he principal ar.
Gcles in which the southerners are inter
ssle'l, aud all have been subjected to Wig
peous treatment. There is q per cent.
cut In the duty on cleaned rice and 90 per
pent. on the uncieaned products. South
CRrolina, Florida and Louisiana are much
Interested in this matter. and the rrprc
sentatives Of those states do not relish the
rsduGtionai all They will probably maLr
an effort TO restore the rates.
The wesi srn luemhers seem to be fairl
Utli satisfied with the bill The Demo
'~a's OF TINT section are largely free trad
Up III Minnesota, Wisconsin ami
Icrn Michigan there are some of the
.Argc't aud most easily worked deposits
ef iron IN the country. Representative
BALDWIN. Whose district in Minnesota iu-
Dludes many Of these mines, is far from
being dismayed at the prospect of free
irou.
"lt may possibly retard the develop
ment of that country for short time"
sand he, but it will bring the iron bust
ness TO its proper commercial basis, and
then attention will be directed TO those
Fields where the ore can be most easily
worked. Vixen that time comes the west
ern mines will De developed with startling
rapidily."
Commissioner Johnston Removed.