The record-union., 1893-11-30
Special TO the REcoRD-UNIox.

special 10 the RECORD-UNIOS.
WASHINGTON, Nov. 29.-The Demo-
cratic members of the Ways and Means
Committee met this afternoon to consider
the internal revenue and income tax
schedules of the new tariff bill. A full
meeting Of the committee has been called
for Friday. The income tax question
was the principal theme of discussion to-
day. 1t was definitely concluded that
such plan should be reported. but there
was much diversity of opinion as to it's
scope. Messrs. Bryan, McMillin, Whit
ing and others favored plan providing
for gradual tax on all incomes in ex-
cess of 5000, but other mem bers of the
committee urged that the plan adopted
should only apply to wealthy corpora
tions and companies holding exclusive
franchises, and that individuals should
not be included in its provisions. 1t is,
therefore, on these questions Of detail
only that any trouble now remains.
IAN income-taX plan is to be re-
ported" said member of the committee.
land it will impose a tax on the incomes
of corporations, companies holding val
liable and exclusive franchises, legacieS
kind, and possibly OH all incomes accru-
ing to foreigners and nOn-residents."
During the meeting Secretary Carlisle
arrived TO participate in the conference
on the internal revenue schedules, and
gave a briet history OF the incOme-taX
system in vogue during and after the
close of the war. He did not seem op-
posed to a system which confined its op-
erations to a tax on corporations, sue
cessiOnS, etc, and indeed the whole DEM
ocratic membership OF the committee
now seems favorable TO this plan, the
only difference OF opinion being on the
taxation of individual incomes. The
Democrats meet again tonight at the resi-
dence of Secretary Carlisle To resume dis
cussion of the various plans for ali in
come tax, and it was thought probable
that the internal revenue schedules might
bo completed by the next meeting of the
committee.
sUGAR-MAKERS WILL OPPOSE ABOLISH
ING THE BOUNTY.
WASHINGTON, Nov. 29.-The sugar
makers OF the country, or very many of
them. are not satisfied with the PROPOSE
ton to gradually abolish the sugar
bounty, as intended in the Wilson bill,
and will continue the contest in the Sen
ate and House with the hope OF securing
modification of the clause, If they can
not get it stricken out entirely. They
assert that under promise of the cOntinu-
alton Of the bounty granted by the Nc
Kinley law, which they construe as
time contract, they had every reason to
suppose the two cents pound bounty
would be continued fifteen years from
the time the bounty was provided, and
they say they will push their fight to the
utmost limit with the hope OF securing
better terms than the Wilson bill gives.
They assert that they have made large
tTO o+r of
bounty and have made contracts for
many years ahead, controlled by the
same consideration. They say with the
| business once well started the United
States can produce all the sugar the peo-
pie in this country will consume and
thus keep at home over SlG0,OD,O00 an
nually now sent abroad for sugar. The
sorghum and beet-sugar men OF the West
are interested in the question DIS we'll as
the cane-Sugar men OF Louisiana.
The silver and lead miners will find on
the new tariff bill something to thing
over beside the clause placing silver on
the free list, III the proposition to make
j bond warehouses Of all smelters. 1t is
| claimed this will afford an opportunity
! for fraud if smelters should desire to en-
gage in it, and that it would still further
increase the importation of foreign-mlned
ores. The metal schedule provides for
duty of 10 per cent. ad Valorem on lead
ore-and for no duty on ore containing
both silver and lead in which the silver
is OF greater value than the lead.
| 3 1t will be left 10 the Treasury Depart
ment to tx the regulations under which
ores shall be admitted, and if the depart
ment officials should be friendly to the
smelters, it is argued that il would be Il
very easy matter to admit all lead ores
under the siIver-lead classification. There
is a prospect the bonded warehouse
proposition will be strongly antagonized.
ONE OF THE EFFECTS OF THE LAW.
B0sroN, Nov. 2Q.-The Nonantum
Worsted Company, which has been in
operation without interruption for four
teen years, has notified its 500 hands that
the red uction of the tariff. as by the
proposed new law, will necessitate re-
duction of wages or the stoppage OF the
mills