The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1893-12-06
THE TARIFF BILL.

cratic party. 1t is both radical and ra-
tionaL 1t cuts off the excrescences of
Mckinleyism boldly, and yet it will not
injure any of the legitimate industries
of the country. On the contrary it gives
them the fullest opportunity to take a
prominent place in the markets of the
world, and TO maintain a steady and
remunerative business that was utterly
impossible within the limitations of a
purely domestic market. At the same
time it strikes with tremendous force
many of the most obnoxious trusts that
have grown up under the tariff system.
monopoly is stopped by putting copper
ore and copper in its manufactured
forms on the free list The pine lumber
combine is knocked out by the free list.
and at the same time provision is made
for preventing an export duty by Cana
da by holding the existing duty over
that country in case an export duty is
imposed.
The binding-twine trust also collides
with the free list, and the impositions
on the farmer by that organization are
ended. The white lead trust gets a
heavy reduction as does also the linseed
oil trust. Cottonseed oil goes on the free
list. The plate glass trust has a reduc-
ton of nearly one-half on it's product.
The steel rail duty also is cut in two and
the steel rail trust which is reported TO
have been formed already, after the re-
cent disorganization. will find 1t impos-
sible to maintain the old-time prices by
which it retarded the development of
railroads The leather industry of the
country will be benefited by the addi-
ton Of tallow and wool grease to the
free list as has been urged by The Sem
tinel. Farmers will be relieved from the
clutches of the agricultural implement
makers, who have been selling their
machines at lower rates in foreign cOun-
tries than at home. The Pennsylvania
coal combine, which has been keeping
COCN
seaboard, will now be unable to continue
its robbery of the people. because bitumi-
nous coal is put on the free list. Cigar
makers everywhere will be greatly bene-
flied by the large reduction on wrapper
leaf The meat-packing and dairy in
terests will be given fresh impetus by
the removal of the duty on salt.
The feature of the bill that will re-
ceive the most criticism from tariff re-
formers is the sugar schedule. 1t is I'M
fortunate that the duty on refined sugar
wiped ont altogether. if raw sugar is to
remain on the free list. 1t is unfortunate
that the sugar bounty is given the
privilege of a lingering death. IL would
have been better to put an all-round
duty of l cent per pound on sugar and
repeal the bounty at once. Sugar is a
of a cent a pound would not have been
felt by the consumers. Sugar has fallen
very materially in price in the last ten
years without regard to the tariff, and
will probably never again see the figures
that used to make ii a luxury. The
country needs the revenue 1t is very
of fifty million dollars based on the i'm
ports of 1892 will not hold good, but
there should be no reduction of revenue
at ALL The country wants a tariff for
revenue, and if congress makes any
changes in the bill we trust it will be in
the direction of making sugar productive
country. We have no desire to protect
sugar planters. but would much rather
give them the incidental protection of
revenue duty on sugar than a bounty.
The benefits of free sugar have been
ridiculously exaggerated by republicans,
but congressman need have no fear that
the people are deluded on that subject
Perhaps the most important feature
OF all to the people at large is the sweep
Ing reduction in clothing materials of all
kinds, and particularly in wooden goods.
This is something that comes home to
every family and to every individual.
We shall no longer have to submit to
the denominations of shoddy and cotton
filings that have been palmed off on
the people for "all wool" but will get
genuine wooden goods and get them at
lower rates than we have been paying
for the imitation articles. Carpets also,
which have become articles of necessity
in America, will be reduced largely in
price, and the homes OF the people will
be benefited in this. The absurd bread
stuff taxes, which served no purpose
except to occasionally raise the price of
seed, are done away with. On the whole.
the bill is an earnest, courageous and
genuine measure of tariff reform, and
the ways and means committee is to be
heartily congratulated on its good work
THE PROPOSED INCOME TAX.
The gentlemen Of means who have
been worrying about an income tax will