The Portland daily press., 1893-11-11

1t Is To Be On Incomes of Over $25O0 and
Is Expected to Yield Great Revenue
The Coal and Iron Schedules Causing
the Brethren Much Trouble-Other
Washington News.
Washington, November 10.-Ten days
OF fortnight will probable see the new
Democratic tariff bill given to the pub
lie. The Democratic members of the
ways and means committee have not yet
made final revision of any of the sched-
ules. A number of them are decided
upon for all practical purposes and will
not be changed, except in minor details.
The policy of a revenue tariff will be
pretty closely ahered to in dealing with
raw materials and partially mixed goods.
A considerable cut will be made on fish
products.
The Democratic members decided at
the outset that they would accept the
declaration of the Chicago platform re-
garding the legislation of the last Con-
gress as their rule of action. The plat
form declared that the party Endorse
the efforts made by theDemocratssof the
present Congress to modify its most op-
pressive features in the direction of free
raw materials and cheaper manufac-
tured goods that enter into general con-
SUMPTION The Democratic members,
under this provision, will embody in the
bill substantially all the pony tariff
bills which passed the House in the Sind
Congress, providing for free wool and
reduced duties on woolen goods, free
silver ores, reduced duties on tinplate,
free cotton and free tin. The wool
schedule may be slightly modified in the
definition of the goods, but it is be-
lieved the duties will remain substan-
TALLY the same, the maximum being 40
per cent and advalorem rates below that
figure generally reduced five, per cent;
The provision regard the silver lead
ores will be substantially that enacted
by the 52nd Congress, that lead ore shall
pay 1-2 cents pound, but ores in which
the value of silver is greater than the
lead, shall be considered silver ores, and
exempt from duty. The duty on tin
plate is likely to be reduced from cents
to one cent per pound for the present,
with perhaps a reduction after few
years to the free list The bills which
passed the House in the last Congress
regarding cotton bagging and binding
twine made both absolutely free of
duty. but there has been some opposi-
tion to those provisions and moderate
duty may be retained. Block tin will
probably be made free of duty as unani-
mously voted by the ways and means
committee in the last Congress. The
chinaware schedule will probably be
reduced 10 per cent. The Mckinley bill
restored the duty on coverings, which
are a large element IN the cost of china
ware and thus practically made the in
crease in duty much greater than the
apparent change in the advalorem rate.
Silk interests may not suffer much of
cut. and the duties may be left at so per
cent as under existing laws. They are
claimed to be purely recenue duties.
The iron shedule will, it is believed,
give the committee good deal of
trouble because of the conflict of inter-
ests between New England members who
desire free irCn ores and free coal, and
members from Northern Alabama and
Eastern Tennessee who desire the reten-
ton of the duty.
The threatened deficiency in the reven-
ue will be met by an income tax, if some
Democratic members of the House are
to be believed. The exact rate of the
income tax has not been determined. 1t
will apploy to all incomes above S2500
with certain allowances for house rent
and losses through fire or other causes.
1t is calculated an immense revenue can
be derived from very small tax upon
incomes earned by professional and bus
mess men throughout the country
This, the Democrats say, will equalize
the disproportionate burden imposed
upon the poor by some of the tariff du-
ties. The adoption Of the income tax,
it is argued, will practically settle the
question of the increases in the internal
reyenuea taxes on whiskey, beer and
tobacco. It is possible very small in
crease will be made on whiskey, but the
rates on tobacco are likely to be left un-
touched.