Fort Worth gazette. [volume] (Fort Worth, Tex.) 1891-1898, 1893-05-25
CLEvELAND'S POLICY.
PROPOSALS TO BE SUBMITTED
To1Hs NEXT CONGRESS.
No VII Favor an Income Tar, Repeal Of The
Sherman Act. and the state Bank Tar anc
a Modification Of the Tadn

Washington. May - President Cieye'
land has decided un four points ~ li7
message ~ congress, which Indicate the
poliey OF bis administration. They are.
iNr4t, an Income tax; second, releal u
tho 10 per cent tax on state banks; third
repeal ~ ihr Sherman act; fourth the
modification Of the tariff act
This policy was Indicated few days
nrr m an Interview with Hon, Benton
MeAiillin. the probable leader OF the next
house. IL eau now be stated dchniiely
that Mr. McMillin spoke cX cathedral.
II Is true that the Tennessee colgress'
man expressed his own preference, az be-
tween an income and IN Inheritance tax.
for the latter method OF raising revenue
In this matter, however, Mr.. Cleveland
simply did not agree with him. and IN
II come tax VIII be recommended IN the
message 70 congress.
Mr. Cleveland and MIR Carlisle have
devoted much time to the study Of means
10 raise revenues. The present nncer-
taiuty Of what will he the provisions Of
the new tariff bill when II becomes q law
has the natural tendency to decrease Inn
rortati1ns No importer VIII bring in
goods at the present rate nf duties when
there is a probability that ere long there
will be a material decrease IN same
Consequently the revenues ~ the govern
mont uru constantly decreasing, nor will
NINtiN lufNfN~f NNAAAlNAiAtAN WIN ANlNNA az
tons are resumed under the new rates
OF dnty TO meet the expenses Of the
government. II was inevitable that Mr..
Cleveland aud his secretary Of the treas
ury should look about for new sources Of
revenue.
Conferences have boon held with the
prrty leaders, hut the only result NJ these
conferences appears was to develop Tie
differences IN opinion among the leaders.
Some favored an income. but others as
bitterly opposed t. Eastern AMI many
Southern Democrats, particularly those
from The sugar producing states favored
tax on sugar The Western Democrats
opposed the sugar tax, a. well ne a tax
On ton. or coffee, or npy "breAkfpst
table, tax. Nearly all favored mn in
crease of the tax on whisky Southern
ami Western Democrats favored an m-
come tax, but most of the lllstern Demo
Gratis opposed u. But both Mr. Cleveland
and Mr. Carlisle favor the income tax.
In the leisure hours that lie has won
by his rule declining Ia see Olliro-spekcrs,
Mr. Cleveland has studied with absorb
ing Interest the great debate IN the Eng
lish parliament Of 1872. on the income
tax proposed by Sir Robert Peel Mr..
cleveland, after reading the English
minister's speech fuy0ring the tax. aud
the replies 10 II. was impressed that sir
Roberts argument was never successful
~ controversial. and he has become en-.
tirely won over 10 the prncticahility oi
the income tax rs q safe aud acceptable
method Of raising revenue. Mr.. Cnrlisl,
entirely agrees with Mr.. Cleveland.
Only the general recommendation 0l
The establishment Of an income tax viii
hn made by the president Details will
b. left 10 congress. Whether there shall
Ice o tax ON incomes Of 5000 aud over
Or whether the tax shall begin only al
SIN lfln % nt lpFutl. l. a..