The Providence news. (Providence [R.I.]) 1891-1906, 1893-11-24
Enlarged Free List Docs Not Please
tho Radicals.
NOW LOOKING TO AN INCOME TAX
To Make UP Deficit In whisky, beer
and Tobacco Democratic Finsnciers
wrestling with the Problem OF Gov
ernment Running.

tariff revision bill nears completion, and
some of its provisions are beginning to be
understood, the wing Of the Democratic
party which favored Mr.. Clevelsnd's nom-
Ination and. secured his election Is already
beginning to criticise the action OK the
majority Of the committee. 1t maintains
that the Chicago platform and promises
made during the campaign were for tariff
for revenue only, aud any system looking 10
protection was unconstitutional.
It does not believe In an enlarged free
list and corresponding cut OF duties on
articles produced from these raw materials.
It holds that that Is not tsrin Tor
revenue. but is on the same line which the
Republican party has been pursuing for
years, and must necessarily result In
great loss of revenue, which must be made
up by an income tax or some other ex-
traordnary method.
The majority members OF the committee,
however, take the position that tarin
for revenue only is not the kind OF meas
ure which the necessities Of the country at
tbis time REQUIRE. II bill as outlined by
their critics, they say, was brought before
the house. making radical changes In the
leading schedules without some compen-
sating reductions elsewhere, 1t would have
the effect OF not only disturbing, but seri.
ously embarrassing many large industrial
interests.
This course the Democrats Of the COM
mittee are anxious to avoid. They have
decided, however, to make some marked
reductions on certain classes OF articles,
ike mig iron, steel rails. structural iron
and other articles in the metal schedule,
which, they assert, have never been subject
To the same reductions as other schedules.
Tn the cotton and wooden schedules their
proposed reductions, as in iron, are made
TO correspond with their free raw ma
terials. This they hold can be done with
ont seriously interfering with those In
dustries The committee will not deter
mine on the rates on sugar, whisky, to-
bacco. beer, and an income tax, until 1t
asoertains the amount Of revenue which Is
TO be raised.
The Income Tax
The present feeling IL not to increase the
tax on whisky, tobacco and beer. IL may
nut an additional 10 cents on whisky,
making it 81. This. however, will not
very much increase the revenue. Such
I is the opinion of Internal r venue Com
missioner Miller, who Is ,ppo 'ed to any
increase. II no increase In ,.is direction
IS made, the committee will rely upon the
income LAX W ndhC AZ thy ASaSA@
They will be governed in great meas
ure by the views of Secretary Carlisle on
all these internal revenue matters II was
supposed, il the tariff bill were reported to
the house upon the assembling of congress,
its consideration would be proceeded with
forthwith. AS the bill must be printed
with the reports, sufficient time must he
allowed the representatives to examine ii
and prepare themselves for the discussion
or It's PROVISIONS.
Chairman Wilson intimates that he
shall hurry the bill through as rapidly Al
possible. as no other bill will be allowed
To interfere with it. How long it will take
FOR reasonable discussion has not besn de-
termined, but 1t will hardly get under way
before the holidays, and as considera tior
cannot therefore be resumed before early
in January, at least six weeks or TIVE
months will be required to pass the bill
To BE Divided.
A leading Democratic member OF th
committee on ways and means said that I
had been proposed to divide the custom
and internal revenue legislation into tw'
bills-the first covering the subject o
duties exclusively, and the second interna
taxation and income tax. Under this plal
the customs legislation will be passed upoI
first
The internal revenue bill will then b
held subject to modification In order 3
meet the conditions on the tariff bill. Thi
will enable the committee to make up, b.
internal taxation, any loss OF revenu
through the enlarged free list and nomina
duties on articles of manufacture.
aeavy FaiIurs at Lowell.
LOWELL, Mass, Nov. al. +. Kimball
sx-president of the Appleton bank, Ia
assigned with liabilities OF sys2,0oO; ass
$4,000. The National Bank OF Rede
ton of Boston has sctei as Boston CO 9
spondents for Mr. Kimball's hank p !
dent Case said: 1--WE know nothing o
Mr.. Kimbal's having business with othe
banks or firms in Boston. He resigne