The Breckenridge news. (Cloverport, Ky.) 1876-1955, 1893-12-06

went to the public treasury. a stroDl
: desire among members of the commit
} Tee was 10 put an al valorem duty OF p
or 20 per cent on 1t, and TO abolish the
} bounty at once. After much considera
7 ton IL was decided to reduce to one-hal
J the duty Tn refined sugars, to repeal the
, bounty one-eight each year, leaving raw
sugar untaxed at present.
, I'm the tobacco schedule, those ratel
were sought which would bring mos
} revenue. The present taxes OF $2.7I
per pound on wrapper leaf have blottet
! many small establishments and actually
impaired revenue. We make the rate,
81 and Sl.75 per pound on wrapper lea
and So cents and so cents per pound on
filler tobacco unstemmed and stemmed
in each. Manufactured tobacco is put al
40 cents, Cigars are reduced from $3.50
per pound and 20 per cent. ad valorem
to So per pound and % per cent. 1t is
believed to be the most productive rev.
enue rate and is higher than the law OF
1868.
Live animals are put at 20 per cent.
Barley is reduced from 80 cents per
bushel to 20 per cent. which is about IL
cents.
"Breadstuff, Of which we are immense
exporters, are made free, except when
imported from countries putting duties
on our like products, in which case it is
20 per cent.
First, vegetables, fruits, eggs and like
fruit products are untaxed for the benefit
OF our own consumers, largely the work
ing people OF the cities. Salt in bulk is
free; in packages the salt is free, but the
covering dutiable at rates prescribed for
like articles.
| The tariff on spirits is put at double
the internal revenue rates on like spirits
and some slight reduction is made on
still wines, malt liquors, ginger ale and
like beverages in the interest of increas-
ed revenue. The duty on sparkling
wines is likewise slightly reduced for the
same reason and that on champagne be-
ing put at 81 per dozen quarts as against
IS in the Mckinley bill and SO in the
law OF 1868.
I'm cotton manufactures substantial
reductions are made, especially on cheap
cloths and prints, and the existing sys-
tenn of taxing by count OF thread in the
square inch is retained. Hemp and flax
are made free; dressed line of hemp and
flax and 1-2 cents respectively. Bur.
laps and cotton and grain and bagging
are put at Is per cent. but when import
ed for covering of articles to be exported
duty Free
Wool is made free. This takes the
silt from under wooden manufactures
and beeets the hope that they may re-
cover from the languishing condition
in which they have been for quarter OF
century, and that we may get wooden
goods at reasonable rates instead of at
duties that on the common grades freq
uently reach 100 per cent. and in cases
two or three times that merciless figure.
"Cloths and dry goods are put at 40
per cent. Clothing at As per cent; rates
higher than the committee desired, but
deemed temporarily necessary because
our manufacturers have so long been |
excluded from two-thirds OF the wool OF
the world that they will have the art of |
manufacturing with free wool. A slid |
ing scale is, therefore, added by which |
the rates in the wooden schedule are to |
come down five points with the lapse OF |
five years. ..,
Carpets, an industry in which we will |
soon be independent of competition, are
put at 35 per cent. tor Administers, mo-
quette aud Wilton 80 per cent. for Brus-
sells, while common grades so down to 20 |
per cent. The bill provides that the |
duty shall be removed from wool on
March and reduced on wooden goods |
July l.
"In the silk schedule the reductions OF |
rates are smaller than in cotton, or WOOL
en- fabrics.
'1~'o AO"ehOA 10 iCuuCCu hOIu ~ W y /
per cent. leather gloves are classified ac-
cording to material and length, and are
uniformly rated at specific duties, which
average not over % per cent on the COM
mon varieties and near 40 per cent. on
the fine, lamb and kid gloves. j
'Tn the schedule of sundries many
articles, like hatters' plush are. put on
the free list The duty on cut diamonds
pearls and other precious stones is in
creased Works OF art are, am delight
ed to say, put back on the free list
"The above is rapid summary of the
chief changes made by the proposed bill
and will give satisfactory idea, believe
Of its general structure. II is estimated
that 1t will reduce revenues on the basis
Of the importations OF 1892 about $4,000
900. Something more on the basis OF
1892 with an immensely larger decrease
Of tax burdens to the American people.
'The administrative law is repealed |
with a few amendments, suggested by |
experience of its operation. That law
was chiefly prepared by Mr.. Hewitt
when he was in congress and the changes
proposed in our bill are to make 1t more
o(T x,hsls. A Al n - -. H.. n