Omaha daily bee., 1893-12-04

form distinctly accepted by tho people OF
the United States last November.
New York Evening Post: The Wilson
tarin bill has caused n decline OF a few
points on the stock market in the group
known as the industrials, and the groaus
from that quarter are quite shocking to
hear. These are the concerns more famil-
iarly known rs trusts. They blossomed out
in great luxuriousuess after the passage OF
the Mckinley bill and became the subject OF
great popular odium.
Springfield (Mass) Republican: The bill
Will meet with the hearty endorsement OF
the more radical reformers. IL is q radical
measure, but II walks so closely along the
line OF probable safety, as n rule, that con-
servatism will not be disposed suuarely to
repudiatc il. Granting that the free-listing
OF 50 many important raw materials makes
necessary liberal concessions to the raw ma
terial producers IN the way of cuts on manu-
featured products, the difficult work has
been done well.
Kansas City Star: TIL Wilson bill frees
from taxation a large list Of commodities
which lie at the base OF production. IL
favors manufacturers by placing on the free
list the leading raw materials used in big
mills and factories. 1t thus fosters industry
instead of crippling it. IL cheapens the cost
of many commodities of common consump.
ton. II is estimated that IL will result In a
saving TO the people of $3.50, 900, 900 % year.
1t Will adjust taxation in an equitable man.
ner' IL Will not exact tribute from one class
for the benefit of another.
Chicago Record Briefly the new tariff bill
drafted by the democratic members OF tho
committee on ways aud means under the
direction of Chairman Wilson outlines n low
protective tariff, not n revenue tariff. Pro.
lection is EXTENDED with considerable care
to manufacturers, who hlVo been granted
free raw materials in exchange for the cut
in the scales embracing their products. How
mtolllgently this work has been done can DO
discovered only after n careful ANALYSIS by
experts in the different lines of production.
So in the teeth OF the extensive free list
embraced In the bill 1t can be said that tho
proposed tariff is a protective tariff. -
New York Times: The committee is par
tlcularly TO DO commended for proposing
that the law, with the exception OF tho
duties on woolens, shall 90 into effect Oh the
LIST OF March. This tends to secure the mora
prompt acceptance BY congress, and il tends
to give certainty to the calculations of bust
ness men. II allows, also, eight months for
the operation OF the law before the congress
sional elections OF next year. In that time
the country will nave been able to obtain u
fairly intelligent knowledge OF the workings
OF the law. We regard the work of the COM
mittee us sound and s~tatesmanlike, an ad-
mirable combination of fidelity TO principle,
with Judlcious caution in it's application, the
beginning of the final triumph of the cause
of commercial freedom, full of richest prom.
Use Tor the prosperity OF the land.
ropulist.
Denver News: The motive in the Will
son bill is free raw material, reduced
rates on the manufactured article and
the substitution of ad valorem for spe.
cific duties. All raw material has
not been made free, the ratio on
all manufactured articles has not been re.
duced, and all the specific duties have not
been abolished. But the tread to this is
most decisive in the measure, and the trend
is in the right direction.