The sun. [volume] (New York [N.Y.]) 1833-1916, 1893-11-27

tho hostility which the sugar schedule causes
me louisiana men are by NO means saIisn t
especially as no " duty has been laced on raw
sugar They pointed out last night that nn-
dey tHo Mckinley bill b9Hnty 9, r two len sH's
ISL. until july t. i. iHOh. or - cents for tho
period OF twelve years from now until
rnngenent thew will receive an average o.
cent q round year. or eight cents in all. Thcy
of SSe' per ,r'V cent They say Chat in an
ticiration of q bounty for the next twelve
liS%nsS Of "d doars " HIGH as sgSVn1ooUU'o
for machinery alone. and almost the same
amount for the CONSTRUCTION OF levces to PRO-
tect their plantations from the waters OF the
Mississippi and other rivers and that this
vast sum will soon be made worthless; Tho
product has Increased from 357 tons in 1870
TO 25OOr tons to-day, are also very much chu-
sured to them. and claim that " the Mckinley
ltll had been allowed to remain undisturbed
sugar planters would have been able to supply
nearly II not all. the sugar consumed in this
a most important action of the Ways and
Means Committee in connection with the
sugar question is the abandonment OF rect;
the Mckinley bill There will he no reciprocity
clause in the Wilson iii. II has Ioen s![ickein
il was originated, viz. the extension ot
the trade Of the intel states in south Nth
kinley Till did not contain this famous
clause. which was inserted in the Senate.
at the instance OF President Harrison and sec.
retarv Elaine. The Democrats claim that IL
advantages in the shane Of free raw materials
are given our manufacturers they will he abio
to sell to South American countries as cheapiy
as can the foreign manu'acturers. IN whlch
case they will he able to command the mar
kctS without the aid OF legislation.
While THIS may be true the omission ot the
ret " f bs XII ne mRas
Burrows. WHO Is the only Republican member
OF the Ways and Means Committee in the city,
take issue with tho Democrats as to the value
OF the reciprocity treaties which had been
and other south American nations and he
added that the nited states had. for instance.
secured n most valuable trade with Cuba.
When ask led whether the omission Of a reel
procity clause would tend to ahrognte 'the
treaties already in existence. he answered;
Il have not had an opportunity to look into
that matter. but certainly II there is to be no
recinrocity, in the future with any foreign
! which We have already entered into contract
can be bound by past treaties. for we would be
require OF other countries ii it is TO be the
| policy Of the United States to abandon rect
srSf i TG ws IL no Gars to
relations which were entered into under the
previous ADMINISTRATION"
"Whnt will be the Republican policy in or
position to the stand taken by the Democrats
II could not answer that question until
| have conferred with my colleagues but wewi!l
! certainly enter our protest against the aholi-
| ton of n bounty to domestic growers of sugar
! under tho beneiicent influence of which u new
/ industry is being developed"
\ rough estimate Of the net loss to the ma
| tiona revenues by the operations OF the
| till which is to be given out to-day places the
! figures at between SiO,OOO.UOO and s5O.OOu.-
| 600. In some way this deficit will have TO he
| made ur. 1t is now deemed not at all likely
that any additional tax will he PLACED upon
! whiskey. beer, or tobacco. Tho Ways and
! Means Committee expects that this entire de-
! crease can he made M from an income tax
| An income tax OF some sort will undoubtedly
! 10 presented later. 1t Is still being urged.
| especially as an estimate has benn made that
| il incomes under $4,000 are exempted. less
! than 20O.OCO persons will be- called upon to pay
! the tax. Even II this is not enforced. however
| II can be asserted positively that Il tax will I've
| levied upon the net earnings NJ corporations.
The revenue from this source II the tax is
placed at three per cent, will DO not loss than
| $50 UOCGOO.
tax on inheritance or egacics seemel also
| quite certain. This, it Is estimated. Will add
| $4,000. 600 more. These two figures will come
within Sl5.OOO.oOo Of supplying the loss from
| customs revenues. The committee hope that
| it will not / o necessary TO place an additional
| tax ON beer whiskey. or tobacco.