The Breckenridge news. (Cloverport, Ky.) 1876-1955, 1893-12-06


bounty at once. After much considera
ton it was decided to reduce to one-hal
the dutycn refined sugars, to repeal the
bounty one-eight each year, leaving raw
sugar untaxed at present.
"In the tobacco schedule, those rate
were sought which would bring mos
revenue. The present taxes of $2.7'
per pound on wrapper leaf have blottet
many small establishments and actually
impaired revenue. We make the ratei
81 and $l.75 per pound on wrapper lea
and 50 cents and so cents per pound or
filler tobacco unstemmed and stemmeC
in each. Manufactured tobacco is put al
40 cents, Cigars are reduced from $4.5C
per pound and 20 per cent adj valorem
to So per pound and % per cent 1t is
believed TO be the most productive rev.
enue rate and is higher than the law Of
1868.
Live animals are put at 20 per cent.
Barley is reduced from 80 cents per
bushel to 20 per cent. which is about IL
cents.
'Breadstuff, of which we are immense
exporters, are made free, except when
imported from countries putting duties
on our like products, in which case it is
20 per cent.
First, vegetables, fruits, eggs and like
fruit products are untaxed for the benefit
of our own consumers, largely the work.
ing people OF the cities. Salt in bulk is
free; in packages the salt is free, but the
covering dutiable at rates prescribed for
like articles.
"The tariff on spirits is put at double
the internal revenue rates on like spirits
and some slight reduction is made on
still'wines, malt liquors, ginger ale and
like beverages in the interest of increas-
ed revenue. The duty on sparkling
wines is likewise slightly reduced for the
same reason and that ON champagne be-
ing put at 81 per dozen quarts as against
So in the Mckinley bill and SO in the
law of 1868.
"ln cotton manufactures substantial
reductions are made, especially on cheap
cloths and prints, and the existing sys-
tenn of taxing by count OF thread in the
square inch is retained, Hemp and flax
are made free; dressed line of hemp and
flax l and l-2 cents respectively. Bur-
laps and cotton and grain and bagging
are put at 10 per cent. but when import
ed for covering Of articles to be exported
duty free.
Wool is made free. This takes the
silt from under wooden manufactures
and begets the hope that they may re-
cover from tn. languishing condition
IN which they have been Tor quarter OF
a century, and that We may get WOODEN
goods at reasonable rates instead of at
duties that on the common grades fl,
uently reach 100 per cent. and in cases
two or three times that merciess figure. |
Cloths and dry goods are put at 40
per cent. Clothing at As per cent; rates
higher than the committee desired, but |
deemed temporarily necessary because
our manufacturers have so long been
from two-thirds OF the wool of |
the world that they will have the art of |
manufacturing with free wool. A slid
ing scale is, therefore, added by which
the rates in the wooden schedule are to |
come down five points with the lapse of |
Eve years.
Carpets, an industry in which we will
soon be independent OF competition, are
put at IS per cent. tor Administers, mo-
luette and Wilton 80 per cent. for Brus-
sells, while common grades 80 down to 20
per cent. The bill provides that the
luty shall be removed from wool on
March | and reduced on wooden goods
July l.
"In the silk schedule the reductions OF
rates are smaller than in cotton, or WOOL
an fabrics.
"Sole leather is reduced from 10 to
per cent. leather gloves are classified ac-
'ording to material and length, and are
uniformly rated at specific duties, which
average not over 23 per cent on the com
non varieties and near 40 per cent. ON
he fine Lamb and kid gloves.
"In the schedule of sundries many
articles, like hatters' plush are put on
he free list. The duty on cut diamonds
pearls and other precious stones is in
creased Works of art are, am delight
I'd to say, put back on the free list.
"The above is rapid summary of the
chief changes made by the proposed bill
and will give satisfactory idea, believe
'f its general structure. II is estimated
hat II will reduce revenues on the basis
of the importations Of 1892 about $4,000
200. Something more on the basis OF
1892 with an immensely larger decrease
of tax burdens to the American people.
"The administrative law is repealed
with few amendments, suggested by
experience of its operation. That law
was chiefly prepared by Mr.. Hewitt
when he was in congress and the changes
proposed in our bill are to make it more
effective, while at the same time, soften
Ing some OF Che features added by the
McKinleybill that would treat the bus
iness Of importing as an outlawry, not
entitled to the protection Of the govern
ment."
Comments Of the Press.