The Durham daily globe. (Durham, N.C.) 1889-1894, 1893-11-27
WILL CARE FOR HIM
Chairman Wilson Will Put Block
Coal On.
Private Incomes Will Not Be Taxed. 1t
Is Said.
TIN PLATE TO GO ON THE FREE LIST
A Cosby Bunch of Business from thu
TIN PLATE TO GO ON THE FREE LIST
A Cosby Bunch of Business from thu
Capital About What Will Be
Next Session.

NcLLA AN~
to the placing of block coal upon thu
free list by an assurance from the presi
dent that II the act results in his fOrcibl
retirement to private life, as the Cover
nor Of West Virginia says the result viii
be, Mr.. Wilson shall be appointed to ,
position, of equal importance TO that OF
congressman. 1t is stated that until this
assurance was given Chairman Wilson
was determined not to consent to The
abolition Of the duty on coal.
Par value Of circulation upon bonds
deposited as security will very likely be
given national banks by the first cur
rency or bank law enacted at the ap
preaching session of congress. 1t may
be that the general banking or currency
measure which Chairman Springer pro,
poses TO report from the banking and
currency committee to the house shortly
after the beginning Of the session next
month will contain a provision increas-
ing national bank circulation to the eX-
tent Of 10 per cent, but n of the best
informed members of the senate finance
committee expressed the opinion to THE
GLOBE correspondent to day that the
senate will promptly add the provision
and stand by it firmly, ever at the haZ-
ard of the original measure. The likeli
hood Of a new bond issue is the prime
cause of the depression in the bond
market.
The plate will not ultimately go upon
the free list, although it is designed at
present to place it upon the free list on
the bill as it will be reported to the house.
The understanding is that the senate
finance committee will restore 80 per
cent Of the present tin plate duty when
the revised bill is received by that body.
The subcommittee having the two
SUBJECTS III manu- nave SpI'V upon sugar
and the income tax. Ten days ago the
determination 10 pace duty OF cent a
pound on raw sugar was abandoned.
"in'e 'ne eIec'loh 'he suoJect mas oeen
'''l'"'"' upon Il 0ehn"n" VI 'he LOU
'''""" "'''s"''on' '0n"'ol "n''e' lol-
lo"eo oy nearly II not quite all OF the
"'"'S''"" o'leh"''on III me mousse has
oe''"noe" ina "ne haIl OF lhe bounty
Sh'il 0c I''"l"eu Oh sugar ana uu'y OF
"' IeaS' one haIl OIL cent aoued Inc
lh'lAlatloh Is maze tha' "hlle lhe eh'lre
bounty may De abolished by the house
OIL an" no DUTY ieVled, there VIII be a
secret understanding oy which the SEN
"'e hn"hce committee Will compI with
Tue demand OF the LoulSlanalns. In the
contest oy senator hlte and his follow
erS' all OF "hon are ardent admlnlstra
''on'S'S' Tue president Will lay MS hand
upon the finance committee and insist
that the wishes or Senator White shall
De satisfied.
Inc proposition TO tax private incomes
has been abandoned The entire majority
membership of the ways and means com
mIltee Is now trying to devise a plan for
taxing the incomes OF corporations. 1t
was round That a tax upon private in
comes would be unpopular and that there
could be no machinery devised whereby
the government could accurately ascer-
tam the amount OF such incomes, y law
can De framed, II Is Contended, which will
compel corporations so TO register their