Pawtucket tribune. (Pawtucket, R.I.) 1890-189?, 1893-12-02
THE LOSS Of REVENUE
BY Repeal Of Law May Be
S6O,O0O.OOO Yearly.
DEMOCRATS MAY PROTEST.
But the New Tariff Bill is Expected to
Have Good Majority.

w
the ways anu means c,m nil tee y st-rday
was brief. The estimates To he u mi tel
showing the probable difference in rev.
enue that would result frum the new III
were not compete and tue committee ad-
journed until Moudty To give the clerks
fur her time.
The labor OF estimating the revenue
that would be de iv a under tn new tar II
bill is very great, hut II has pa gres>, d far
enough u wa rant tue staten ut that on
the has OF he imp 'r's of lS9! the loss of
revenue re-ulring fr m the enact mt OF
the new bill ana the repeal of the Nc
Kinley law would be about $50, ,0OO per
annum.
or course this esti ate Is on the suppo-
sition that the imports under the new bi |
would 70 no greater than under the pres
ent law, n supp sit on which the Demo-
Gratis by 10 means cons .dered. IL Is the
estimate of Chairman Wil-on and his
DE ocratic ASSOC at-s that the los Of rev.
snue, despite the radical re uction II
iuties, will not be over 35,0O0,UO0. This
iefcit 1t is now proposed to make up by
tax on the incomes OF corporations, "A
tax on succe. sions. and by increasing the
tax on cgarets, and perhaps whisky.
The unfavorable com ments on tue tariff
revision bill increases among conservat We
Democrats The Republican opposition
Is na uraL One OF tn, 30 Dem Gratis In
his crit cism said that IL WAS remai kable
TO him that a bill TO provide needed rev.
suue should u axe a reduction Of IS 900, :
300 at time whe there already exls.ed
In the treasury deficit Of $50.OOo,OOo.
III the Dark.
How this measure will relieve the pres
snt condition of the pu lie funds Is re
xarded by those who have studied this
on as not exactly Ia. What the
president and the secre OF the treasury
may recommend to meet tuis exigency has
n q been disclosed; but 1t Is very certa n
that n revenue bill such As has JUS been
prepared is not calculated to swell TIE
revenu of The government while IL is
under discussion.
IL is admitted In treasury circles that
the proposed reduction OF duties will have
depressing influence upon importation
and that, until bill finally fixing the
rates of duties shall have passed, there
will be decrease in customs receipts 3.
The dutie. during the past three months
have shown he effects of the agitation Of
this question. They have fallen to but
title over ope-half what they should he.
The Democratic members Of the commit
tee are already hearing from tn. districts
VIII re the raw materials placed on the free
lIst-ch efiy coal, iIon ore and wool ARE
produced. One Of the Democratic leaders
in West Virginia aud another in Alabama
informed a member Of the committee that
II coal and iron ore were retained on the
free list 1t would destroy those important
Industries in those states The mem Der
OF the committee repli, d that he did not
believe any thing Of the sort; that all the
talk Of dest roying industries was nonsense,
and the committee did not intend to be
driven from their purpose by that sort of
logic
There has been much speculation as TO
what action the senate will be likely to
lake ON the bill when 1t reaches that boiy.
The belief has bteu general that the SEN
ators from Maryland, West Virgin a,
Louisia and in one or two other localities
where these industries are important,
would antagonize tuis free raw material
feature of the bill and vote with the r.
publ cans TO defeat It. A prominent Dem.
ocrat, who claims to have c,nvas- ed tuis
subj ct, says tnat it will be found, when the
critical test comes on the passage of tie
hill in the senate, that these senators will
stand In line for the Till.
Adm ,nistration Influence.
The measure waS planned by the admin
istration, WAS prepared under iis per-onal
supervision, aud is passage will be de-
mand by the same influ nces. TIE s-ua-
tors from tue states VIII re these indus ri, y
are most important are cham piuns of the
presi lent and his seer Try OF the treasury,
and STOOD by them throughout that long
aud stubborn controversy on the silver
que. Il III.
1t s not considered probable that these
se Iators will abaudon The admnistra | ~
simply because there are cert ain industries
IN wLich their states are interested pla ell
~ aura vantage by he new mea> ure
They Will make u show OF opposition III
denate, and nus end,avor To parry the
h, sliity Of tue people of their states aud
their iuuu tries.
1t Is doub full, however, whether the
senators OF these states could defeat the
b III, rs the Republ cans are three short OF
heir full strength on account of vacancies,
which would give the Populist senators Z
controlling vote. The latter have de-
clared their purpose to wipe out every
ves,ixe Of protc C ion In any form, and Z
psrtir ularly hus,Ile to the Mckinley bIll.
II the opponents of this bill are relying
upon the senate To save them from it, full
iorce they may fnd themselves lean N :
upon br, ken reed.
The presi cent and members of the adj
ministration have already commenced to
exert themselves In behalf Of the bill
They are akiug every opportunity To
sound the Democratic 80 atois aud repre-
sentaIives upon their attitude on this
measure.