New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1893-11-11

1T ONLY AWAITS FINAL REVISION Bi Illf.
WAYS AND MEANS COMMITTEE.
WOOL, BLOCH TIN AND SILVER ORES TO Eh r.
UPON THE FREE LIsT-A TAX on INCOMES
.tn,.,. o., -oo tt-.-rx- To NE IMPOSED,

WOOL, BLOCK TIN AID SILVER ORES TO EE PUT
UPON THE FREE LIsT-A TAX ON INVoNES
ABOVE &, 900 LIKELY TO BE IMPOSED.
Washington, Nov. 1O-Ten days or iorth'sm.
will probably the new Democratic larii vi.
given to the public. The Democratic We"'oe'' "
the Ways and Means Committee have not yet maue
their final revision of any OF the scheuuies' o"'
number Of them are decided upon for all prac.'e"'
purpose and will not be changed except III minor
details. The policy OF the revenue tarih VIII I've
pretty closely adhered to In dealing VIII" raw
materials and partially manufactured sooos. "''u
considerable cuts will be made on hnished proou'
The Democratic members decided at the ou'se' '""'
they would accept the declaration OF the 'mcaso
form regarding the legislation OF the last Cons
gross as their rule Of action. That platform ue'
clared that the party Endorses the EFFORTS Haue -
the Democrats Of the present Congress 10 h'ous
its most oppressive features in the direcuo" VI
free raw materials and cheaper manufactures Soo"'
that enter into general consumption There are
reasons for saying. therefore. that the Democratic
members under this provision will embody IN 'he
bill substantially all the bills when passed. ''e
House in the LID Congress-providing Tor Tree
wool and reduced duties on woollen goon'' ire
silver ores reduced duties on tnplate Tree co''o'
baeging and free tin. The wool schedule may be
slightly modified in the definitions OF goods pu' II
isebe,eved that the duties will remain substantially
the same-the maximum being 40 per cent ana inc
ad vaorem rates below that figure oeihs se"-
orally reduced per cent. The provision resa'u''s
silver-lead ores will be substantially that eHac'-"
nv the LID Congress that lead ore shall pay i's
cents a pound, but that ores in which III" N"'".
of the silver is greater than that OF the lead sha'
ba considered silver ores and exempt from du'y'
The duty on tin plate is likely TO be reduced NV
cents to / cent pound for the present WIN per
haps a reduction after few years 10 lhe Tree nv"
The bills which passed the House in the last 'o"-
nd
made both absolutely free OF duty Dut thedv IN, M
been some opposition TO those PROVISIONS oi IN III
ground that they were not IN harmony , VIZ NAV be
retained Block tin will probably De maui v IRE
duty. as was unanimously vc'e1 r ny NJ The
and Means Committee in the las! Cons'eS' d. ''e
demand of the tn-plate llanuaiGc'ulul be re-
duced 10 per cent on the existing rates Of " per
cent and s. per cent. The Mckinley blil iestolr t
the S duty os on and practically made the
increase in duty much greater IMAM tn ! pps,
onnE no, u. suffer much Of cut and the duties may
be left 80 per cent. as under eSstins ~ com
mittee good deal OF trouble. because OF me cor,
fiict Of interests between the New, inu "e, nd
me members from Northern Alabama and Eastern
tennessee who desire the retention oil lne uuS,
by an income tax. if some OF the Democratic ilem-
bss Of the MeSss wn S are has been
to impose a moderate tax on incomes aoo'e 49,.
or or sugar Tom Johnson of Ohio. has protested
arnse,Iv against restoring the sugar duty, ana
has had the support of other Western members III
nreferring a moderate income tax 10 renew n,
Of the customs duties on the necessarlrs Vi ne.
The exact rate of the income tax has not Dceii ue
termined but 1t will apply to all incomes aoo S
The amount named. with certain allowances 10. Lor
house rent and for losses through fire or other
causes Ii is calculated that an immense o,,,a
earned by professional and business men through
ont the country. and this will equalize inc d'sp r
U"rtinna 10 burden imposed upon the poor Dy sone
pp9 he tariff duties The adoption OF the income
tax will practically settle the question OF icrese
10 tho Internal revenue taxes on whlske! Deer
and tobacco 1t is possible that small increase
will be made on whskey, put the rates VI" ''"'
are likely to be left untouched