Asheville daily citizen. [volume] (Asheville, N.C.) 1890-1900, 1893-12-08
THE WORK OF CONGRESS
WILSON TARIFF ON TIN
PLATES CHANGED.
1t is Made Specific Instead of Ad-
ValOrem-Tax On state Banks
Utah-fxeyisIOn of the Cust0ms
Schedules

Ea1Ore"-TaX ON state BankS-
Utah-fxeyisIOn of the Cust0ms
Schedules.
WASHINGTON. Dec. S.-A bill to repeal
/ the ten per cent. tax on State banks
circulation has been framed by the sub
CO M mittee to which the full committee
on banking and currency referred all
measures relating to this question. The
bill framed will be reported to the full
committe for final action before the re-
port to the House. 1t does not repeal
the tax unconditionally, but provides
that the issues of currency shall be under
the direction of the comptroller of the
currency and shall be limited in amount.
The comptroller's supervision will pre-
vent the issue of currency that Is not
amply secured. 1t is now understood
| that the bill has the approval ofthe Pres
ident, VINO desires the repeal of the tax
if it is surrounded with proper safe
guards.
In the House today after the journal
had been read and approved several bills
were reported, among them being one to
authorize the construction of bridge
across the Tennessee river. Kilgore
called up the bill providing for the admis-
sion OF Utah as a State. The point OF no
quorum was raised and roll call was
ordered.
On motion to go into committee Of the
whole to consider the bill for the admis-
Sion of Utah, the vote resulted: yeas,
145; nays. 6; no quorum. kilgore
moved call of the House, and Dingley
demanded the yeas and NAYS, which
were ordered. The motion of Kilgore
tor the call of the House prevailed: yeas,
1856; nays, 80. The bankruptcy bill was
then taken up, and MIR. Bland moved to
strike out the enacting clause OF the BILL
which was defeated.
The Democratic members of the Ways
and Means committee, after all day
session at the capitol yesterday, held an
other meeting at the treasury depart
ment in the evening. 1t was nearly mid
night before they adjourned. AS result
of their work for the past few days,
they have at last completed the revision
of the customs schedules, giving them
a more correct, legal form and more
clearly defining the classihcations. The
internal revenue schedules are still un-
acted upon. A wi lie diversity of opinion
yet remains regarding the scope and rate
of the income tax. From the data at hand
it is EVIDENT that d one per cent. tax or
corporations and legacies alone will not
furnish the revenue NEEDED to offset
the deficiencies next year. Either
the rate must be incrcasd to two
per cent. or, if it remains at one per
cent. the scope of the tax must be broad
ened to include individual incomes OF
$4,000. So, at least, said several men,
bers of the committee this morning
Meanwhile the suggestion is again made
that an additional tax be imposed on
whiSkey. There is no doubt that the
mnittee will consider that suggestion
seriously when the general subject of in
ternal taxation comes up.
A Democratic caucus to consider the
conflicting interests involved il the new
tariff bill will probably he held about the
time he measure is reported to the
House. General Wheeler of Alabama is
the moving spirit in creating sentiment
favorable to the caucus. He believes all
the Democratic members in Alabama,
Georgia. Tennessee, Virginia and West
Virginia delegations. as well as II Dem
Democratic members from Pennsylvania,
will sign the call. This will make 81 in
all, more than three times the number
necessary to insure the calling OF a eau
Gus. All these gentlemen are particularly
tries; hence their desire to meet in caucus
and secure an agreement placing these
articles again upon dutiable list.
The Democratic members of the Ways
and Means committee have changed the
tin plates schedule from advalorem to
specific duty, fixing the rate at Ia cents
per pound, which is just one cent lower
than t he present rate.