Evening star. [volume] (Washington, D.C.) 1854-1972, 1893-11-29
The Ways and Means Committee to
Consider the Matter.
WILL COME FROM INTERNAL REVENUE
There May Be a Tax on Proprie-
tary Medicines.
MORE TARIFF COMPARISONS.

of S35.00o.000 or s40,OO0,OOo from internal
revenue they will then have sufficient reve-
nue. to meet the requirements of the gov-
ernment Secretary Carlisle holds that
under ordinary circumstances the revenues
derived from the Mckinley bill would be
enough to meet the expenses Of the govern
ment, and that IL under a new law as much
revenue can be raised, the Treasury De-
partment will be in good condition. The
nominal loss Of revenue by the Wilson bill,
figured on the basis of the same importa-
tions as at present, is estimated at about
sSo.oV0.oo0. The democrats believe that by
favorable duties in the Wilson bill much
larger importations will be encouraged,
and by this means about sl50O0oOO OF the
deficit will be made UP. leaving ss5,ooO,ou0
to be made up from other sources.
To Settle the Question Friday.
They expect to hold a session on Friday
and settle the internal revenue question.
The present indications are that they will
adopt tax on corporations and collateral
inheritances. They have been trying to
avoid any addition to the whisky tax, but
have begun TO fear that they will have to
add some to the present rate. They CAL
culate on about s25.OO0.oOo from the cor
poration and Inheritance tax They will
probably be compelled to raise sloOoOvU
on whisky or S6.OO0OO0 on manufactured
tobacco and cigars, besides leaving a tax
on proprietary medicines and transfers on
stocks and bonds. They are greatly at
tracted by the latter proposition.
The Act of 's3.
There are a great many items in the WILL
son bill which follow very closely the sched-
ules of the act of g. review of familiar
schedules selected here and there will show
quite large percentage of items which are
the same or very little under the correspond
| ing items in the act of 49, The bill. how
ever, taken as a whole, makes a very con-
siderable cut even under that law, the aver
| age duty being materially lessened and i'm
certain scedules the reduction being radical.
Inc committee, IN making a comparative
statement will not treat with the law of 's3
| but with the Mckinley act and their STATE.
ment. therefore, will show a greater conn
parauVe reduction than il would IL COM
pared with the law as it stood when they
nrst began the tariff agitation. In the
woolen and metal and agricultural schedules
the reouction is very materially below that
| of the law of 'S3.
Carrying Out the Democratic Posttto.
republican said to a Star reporter to-
day that he regarded this bill as much
more nearly carrying out the idea of the
! democratic position OF tariff for revenue
only than any bill which the democrat "a
have heretofore prepared. There was less
concealment and less of any sort of t,ro-
lection in it than in either the Mills or the
Morrison bill Representative Payne Of
New York, a member of the cornmittee
said that he HAD failed to find any protec-
ton IN the bill as tar he had examined
IL, though there might be some things that
are protected, in which the people In his
sectlon OF the country are not Interested
He regarded the bill as practically a reye-
IA. believed rh.zf.a
great many Industries that could not live
under il.
In all lines of manufactures he said, the
manufacturers had cut Just as cIose as they
could to meet competition and that the
further cuts proposed by this bill would
have TO come out of labor, as there was no
other place they could cut from. In his own
state, he said, the bill would fall with par
ucular weight. as nearly every class of
mandatory was conducted there in some
form and the agriculturists were so close
on to Canada as to be directly in competi-
ton with them, IL not protected.
How New York is Affected.
Especially in the agricultural products
and the manufacture of agricultural i'm
plements would New York be injured by
competition with Canada If the bill be-
came a law. These industries, he said,
simply could not live under this bill with
out making a very heavy cut in wages.
Speaking OF the question Of internal rev.
enue, Mr.. Payne said that the democratic
members of the committee did not appear
to appreciate what it would mean when
they talked about taxing corporations. A
corporation tax. he said. would reach more
people and poorer people than would a sh-
rect income tax above $4,000.
Most corporations. he said, were composed
very largely of small holders of stock. That
while some individual might hold a large
block of stock, a great bulk would be dis
tributed amongst a great many people who
held but a small quantity each and the tax
would fall upon them as well as on the big
holder. Again, in many instances. there
would be a double blow, inasmuch as a large
number of manufacturing concerns were
corporations, and these would be deprived
Of protection by the customs part OF the
bill and taxed in addition by the internal
revenue section. This would be simply ce-
struction to them.
Comparison of Schedules.
The following shows a comparison OF some
of the principal features of the Wilson bill
with the Mckinley law and the law OF
1883. which the Mckinley law repealed In
many rates the Wilson bill differs but little
from the law of 1883.
| Leaf tobacco per h., unstemmed. wIlson-sl.
McKinley-s2. Act of 'ss-15c
Leaf tobacco: per lb-, stemmed. wIson-sl.:s.
SNUFF. wilson-4oc. McKinley-5oc. Act Of So
Is per per cent % sd val Mekinley-s25 80 and 81 50
and . per cent ad val. Act Of 'sS-s2to per III.
aud 25 per cent.
Cotton pushes &C.. Wilson'S pr ct McK.s-
| ley-o9 pr. CT. Act Of s3-35 pr. Ct
ct. Act OF $40 pr. ct.
Chenille curtains. &c.. Wison-40 pr. ct. Mo-
Kinley-eo pr ct. Act of $50 ur. CT.
Stockings, shirts, &c., Wilson. 50 Dr. Ct Nc
Kinley -:s5 pr. ct. Act of 's3 :;5 Or. ct
Fashioned stockings, wilson-+0 pr. CT. McKin-
ley 40 pr. ct; Act Of $50 pr. q.
Braids. lacings, Ac-, Milson-I5 pr. Ct Nc
Kinley-I0 pr. q. Act Of 's3-35 pr Ct.
Jute yarns Wilson-2O pr. ct. Mckinley-30 Ir.
CT. Act OF $50 pr. ct
Flax MEETINGS and nets. Wilson 25 Or. Ct Nc
Kirley-51 pr ct. Act of 's3-25 Or. ct.
Oh cloths, wison-2o pr. ct. Mckinley. 81 pr.
CT. Act OF $50 pr. CT
Flax. yarns ana thread. wilson, and 30 pr.
CT. Mckinley-45 pr. ct. Act OF $50 Or. ct.
Collars and cuffs. &c.. Wilson'S pr. Ct. Mckia-
ley-55 pr. Act of $50 pr q.
laces, edgings, &c. Milsun-35 Or. 81. hchia-
ley 60 pr. cent. Act OF $50 to 20 pr. ct
Castor oil, Milson-35c. Mcknlcy-s Soc Act Il
I-ndccoraied chinawarc wilson-4O rr. ct. Nc
Decorated. wilson-45 pr- CT. Mckinley -eo pr.
CT. Act of $50 W. ct
Cutlery. WILSON'S and 80 pr. 81. Mckinley
81 % pr. ct. Act Of 's3 35 to 80 pr q.
Pig iron. Wilson .22is pr. ct Mckinley-34ls
pr. ct. Act Of 'si 10 cents pr. H..
Bar iron, Nilson-.5 pr. ct Mckinley-s5 pr.
CT. Act OF 'S3-1c. pr. ~.
Steel rails. Wilson - pr. Ct. McKinley- pr
ct. Act of s3-Sl5 to $50 pr. ton.
Wire for fences, &c. WilSon-3o pr. ct. Mchla-
ley-45lz pr. ct. Act Of 'S3-8-lo cents or. ~
Anys. Wilson pr. CT. Mckiniey-i2 pr 60.
Act Of ~ 2c. pr. No.
Beams. girders. Joists. &c. Wilson'S pr. CT.