The times. [volume] (Richmond, Va.) 1890-1903, 1893-10-21
THE COMPROMISE BILL
AGREED UPON IN THE COSFER-
ENCES BETWEEN SENATOR'S.
Bill for Repeal of the Sherman Law TO
Take Effect the First Day Of January,
Is95-President's Acceptance.
TINES BUREAU, RAPLEY BUILDING, /
WASHINGTON. October 20. 1893. J

past have daily thronged the senate gal
leries climbed up the Capitol Hill this
morning in anticipation of repetition OF
the exciting scenes of the past few days
In this however, they were disappointed
and they were soon scattered about the
other parts Of the Capitol. The Senate
this morning went into executive session
Immediately after convening, and so re-
mained during the major portion OF the
day. This termination Of the exciting Sill
yer debate finds It's explanation In the
fact that the Democratic senators nave
finally been aroused to the situauoh
that they will either have to present
corppromise measure or nave theil
thunder stolen by the Republicans "h"
would be eager to secure party pres
tige in the final solution Of the SILVER
question.
Compromise Bill.
With all the arrangements Whlcn .iIo
debate has engendered between seho'Ci
on the Democratic side, they nave hiony
been compelled for the sake OF the pa -
to come together for some hnal doioli' O..
The compromise agreed upon IN ule -
ferences between the senators IS saIu "
a
r,orrovg providing for the repeal Oh 'ne
r,,rchoeinq clause Of the Sherman law
10 take effect from the first day OF jan
uor, 1885 Just 10 what extent thV
neaiers and the free silver men cohsiusl
that they made sacrifices Is olln0uI ~,
determine. and both sides seem 70 sPS" S
of the matter as II they had oOlaii.ri oOl,'ui,,es
e,t.,",,. oi ~ II is rumored this morning
49, tSrough Secretary Carlisle this pro-
.,',,vne has been submitted to Presiuent
Stet,eland and has received his reluctdn'
- r,,sbed through the Senate WIN
~. nrolonged debate, and, Oh
,o,,rsa will pass the House WlIn-
ont objection. In the meantime ~ -
claimed. by the original advocates VI 49, 49,
and unlimited silver coinage INA. l,,, 49,
| enc Nrst of January, 1895, they VIII nav nav
lh,,ood the i,lso and passed q silver measure
! which will go into effect uPO'
! of the Sherman law. -. .hore
| =. &c scarcely probable now that lHeI
| IN IA anv recess taken by Congress- Do
W. ro,eal of the Federal election Jaws
"a tbe amendment 10 the Geafy Chllieso
1ov,s are both before the Senate LOT ac'tol'
and II is more than probable that DeiHr ~
| these two matters are setueu ~ -,
| senate the tariff bill will be reauy
g. discuesfon IN the house, thus leaving
no opportunity Tor the ie0eS'
| been anticipated.
Work on the Tariff
r,. vvo,,s and Means Committee are
| etaeduv af work upon the bill, atnouSh
A. ie understood that the members OF the
cor,poittee differ widely about some OF
| the schedules under CONSIDERATION o'iu
! =, &C. more than likely that three distinct
tariff measures will be reported from the
! committee. the first being maJorlty
| Democratic report under the super Niaioi slpD
of Mr. Wilson, Of West virginia, the seC
| ond will be reported by Mr.. Bryan OF
| Nebraska, and the third BY the NepuDl-
| can members of the committee
! The committee have abandoned their
! n,,blic hearings, although almost every
| day some delegation arrives here anu
| holds a conference with such indiVldual
members OF the committee as may De
disposed to listen to them. one OF the
| questions which is most seriously taxing
the intelligence Of the committee mas peeh
| the question Of wool and woolen goods.
Mr. Steys.ns. Of Massachusetts, who is
| one Of the largest manufacturers Of WOOL
| en- goods in the East. and who Is Demo
| cratic member of the Ways and Means
| Committee, was requested by the commit
| tee TO thoroughly investigate the matter
| Of duty upon wOolen goods and MAKE
an estimate to the committee as 10 WIat
reduction he thought the Eastern manuiac-
| turers could properly stand The present
! duties. specific, and ad valorem tax on
wooden goods amount to 40 per cent.
and Mr. Stevens has reported to the
| committee that he believes that this can
| be reduced TO 45 per cent. and not inter
fere with the business Of the manufactu-
| rer There is a growing sentiment on the
part Of the majority Of the committee
| TO put a tariff Of one cent upon sugar
| and to discontinue the bounty now Of
! fered by the government TO sugar ralsers
I'm this country. Under the Mckinley bill
sugar was put upon the free list
and should the committee in its Dill
report a tariff of one cent per pound
there is no question but that 1t would
| be subjected 10 a long debate In the
| House. Although il is necessary, Of course,
! TO raise revenues the committee be-
Heve that the small tariff Of one cent per
pound, which would yield a revenue OF
some thirty millions Of dollars per annum
| would prove less burdensome upon the
peolle than this amount Of revenue II
| imposed on other articles Of import.
The tariff on coal is one which is also
creating a lively interest in he commit
tee. A bill will be reported by Mr.. Bryan
which will embrace coal, lumber, ana
salt on the free list and will have the
| support in the House Of such men as
| Hatch. Of Missouri and the Populist
contingent Coming from West Virginia,
| Chairman Wilson's personal feeling is
probably IN a line with keeping the
| duty upon coal but this question has
not yet been determined in the commit
tee.
Internal Revenue Taxes.
The internal revenue taxes will be
held until the last in order to serve
the purpose of bringing up the requisite
| amount Of revenues, should IL be found
that the reductions contemplated In the
! bill have reduced them 10 a point be-
low the requirements OF the government.
There has been considerable discussion
| regarding the raising Of the revenue tax
| iu.. obaccO This was formerly elan.
cents per pound. and was reduced 10
! six. and IL has been thought that the tax
! might possibly be put back 70 eight
/ cents Congressman Swanson. however.
called upon Mr Wilson and asked him
IN regard to the matter Mr.. wilson
assured him that the question had not
vet been considered and that before any
change should be made he would notiiy
Mr. swanson in order that the tobacco
men OF Virginia might have an ample
hearing upon the subject There Is
no donht that the tax upon whisky and
NAL, liouors will be increased. That on
whiskey will probably be raised from
ninety cents to sl.2o gallon.
sha-- Bu i~ess Wan.
MANY OF the Virginians who visit Wash
/ -. 80 charm husiness men who do