New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1893-11-05
FREE TRADERS PERPLEAED.
THE DIFFICULT TASK CONFRONTING TARIFF
SMASHERS.
THEY PROPOSE To USE TIE SAME MEANS III
INCREASE REVENUES NOW THAT WEN"
TAKEN TO REDUCE THEM IN 1888.
[pY TELEGRAPH TO THE TRlBrxE.l

rny TELEGRAPH TO THE TRIBrSE.l A., NAV.
washington Nov 4~'If the majority OF the way
and Means Committee does not really expect W ~
the Tariff bill ready before the beginning OF ."e
uar session. the bringing In and passage oil 70
olution indicating earlier action seems to me 10 oe
unfortunate" said Mr. Reed, of Maine, 10 a ir'ou''
correspondent to-day. He continued i al, ~
formed that a good many manufacturers expecting
that there would be no final action by Cohs'e''
on the tariff until next spring, were preP"i"e W
resume operations which have been susPenue" io
some time. and keep their works running LOT ie"
months at least but that most OF them VIII "o"
decide not to do So Mr.. Russell. OF Connecticut
who Is interested in woollen manufacturing told me
Yesterday that he thought that would be the erect
In conversation with Tribune correspondent TO-
day, Mr.. Bynum. of Indiana, VINO is meihpei VI
the majority of the Ways and Means COMMITTEE
said he thought there was scarcely propaoi'',
that the Tariff bill would be ready to be considered
by the full committee before the first week OF the
regular session. and Chairman Wilson ana o'her
Democratic members of the committee have eN-
pressed the same opinion within the last WEEK. anu
vet the House seems to have acted uhuer tie iii
preston that the bill would be ready FOR us con-
sideration the beginning of the December session
Mr. Bynum also remarked to-day that the ways
and Means Committee is confronted by more az
fcult task than ever before faced any Committee
of WAYS and Means" 1t is certain that 1t Is more
difficult one than any committee has been requi Gu
to perform within the last twenty years.
When premier Mills and his colleagues framed
the Dark Lantern bill of 1888 the problem WHICH
they undertook to solve to reduce the super
abundant revenues Of the Government, and the same
conditions prevailed in 1890 Now the pressing queS-
ton is how to replenish empty Treasury py IN
creasing revenues which have fallen $5W"UVo pelUw
current expenditures since the beginning Oh tne
fiscal year. Strange IL may seem 10 m-i WHO
lack the profound knowledge OF economic suplects
possessed by the Democratic majority OF the ways
and Means Committee. the same process Is 70 W.
applied TO increase Inadequate revenues In 1875 tds
it was proposed apply in 1855 for the purpose Oh
reducing revenues that were too large. H..
AS nearly as be ascertained, the Tree lSt
of the Wilson bill will be longer and more I'M
portant as a factor in the depletion OF the Gus
toms revenues than was the free list Oh the Mills
bill and the duties on manufactured artcies
are to be reduced low or lower than the rates
proposed five years ago. The argument OF the
free traders then that a reduction OF rates
would result in a reduction of revenue Inc argu-
ment of the free traders now must ana VIII DE
that a reduction of will result in an increase
of revenue consequent upon enormous increase
in the importation of foreign manufactured pIUou-
nets They do not feel entirely sure that tnis
theory Is true. that results Will prove IL, anu
they are therefore casting about for other 0DJects
Of taxation and sources Of revenue: According 10
the most trustworthy information that can DC ~
tanned they intend to reimpose a TAX upon ai t
domestic consumers of sugar, allow lnauequa.sI
protection to domestic producers or sugar, anu
innose additional taxes upon certain Dranches oi
American industry, and probably upon the Irus ",
American labor and industry in the FORM OF an
income tax-all for the benent OF IoreiSn ,n'i ~
facturers and producers and to the INJURY Oh
american manufacturers and producers and AheTI'
can labor. is not strange therefore, ma i i,
Bvnum and his colleagues realize me diiilSuiy VI
selves unable to complete 1t as soon as they haa