Waterbury evening Democrat., 1894-01-03
THE TARIFF ONCE MORE
Congress Reassembles and Goes
 to Work Again.
AN INCOME TAX DECIDED UPON.

The Democratic Members of the Ways and
 MeaBs Committee Settle Upon Some Inn
 portant Changes In Internal Revenue
 Taxes-Ten Cents More on Whisky
 WASHINGTON, Jan. 3.-Congress took up again today the work which the holidays interrupted. The attendance in both houses was slim. In the house the tariff fight is again in progress.
 The advocates of the individual income tax proposition were triumphant at the meeting of the Democratic members of the , ways and means committee The il mem- bers were present when the final meeting was held at the treasury department. Comparatively little time was wasted in discussion. The ground had all been argued and fought over time and again, and the issue was joined on two propositions-on to levy tax of per cent against individu- al incomes over $4.000 and against the in. comes from corporations (that is, the diff ference between the gross income and the operating expenses, or, in other words, the net income, and the second proposition offered as a substitute by MT. Cochran of New York to tax the incomes from corpora, tions per cent and inheritances 5per cent, to place a tax of 10 cents on whisky and to restore sugar to the dutiable list at 1S cent per pound.
 Cockran's Substitute Defeated.
 The vote on Mir. Cockran's substitute Rroposition was taken first, resulting in it's defeat by to 4, as follows: Yeas-Messrs. Wilson. Cochran, Stevens and Montgom. cry. Nays = Messrs. McMillin, Turner, Whiting, Bryan, Bynum, Tarsney and Breckinridge.
 The original proposition was then sub.
 
 follows: Yeas-Messrs. McMillin, Turner, Whiting, Bryan, Bynum and Tarsney. Nays-Messrs. Wilson, Cochran, Stevens, Montgomery and Breckinridge.
 It was also decided in connection with the latter proposition to increase the whis- ky tax 10 cents per gallon-that is, from go cents to $1, to be levied against whisky ip as we'll as out of bond.
 Upon the representation that this in. crease would work undue hardship to the owners of whisky in bond it was decided to extend the bonded period from three to eight years. The tax on playing cards, at enc time fixed at cents per pack, was re- duced to cents, and the contemplated tax on perfumes and cosmetics was discarded. No increase was made in the tax on cigars, but the increase on clgarettes-$1 per thousand-was allowed to stand. The committee estimates that the tax on the incomes from corporations and indi, viduals Corporations being treated as indi- viduals) will raise $50, ,00O, 900 revenue-$12,. 100000 from corporations and 5000, 900 from individuals. The increase in the whisky tax it is estimated, will give an ad- ditional revenue of S10,0O0,Oo0 per annum The proposed tax on inheritances, which was to be levied in case the proposition for \ an individual tax failed, was not deemed necessary
 Revised Internal Revenue. Summarized, the internal revenue fea, lures of the Wilson bill are as follows: A tax of per cent on individual incomes over $4,00O and net corporation incomes, a tax of cents per pack on playing cards, S1 per gallon on whisky, S1 per barrel on beer, $1.50 per thousand on cigarettes and $3 per thousand on cigars and cheroots. These features of the bill will be presented I to the full committee today and will be | formally introduced in the house later in the week. Before the Democratic mem bers adjourned they also decided upon the programme for the tariff debate. It will begin in the house today, and the general debate will continue until Mon. day night, Jan. s. Nine days will be al- | lowed for debate under the five minute rule, during which time the bill will be | open for amendment. The evenings of these nine days will be devoted to general debate. The final vote is to be takensJan. r. The necessity for prompt action on the tariff is deemed of such crying importance that it is not expected now that the Ha- waiian matter will be allowed to interfere with the tariff. The latter will have prec- edence until disposed of
 Before the final vote on the individual 1 income tax was taken Mr. Cochran offered pRoposition to the effect that in lieu of | providing for the deficiencies resulting from the enactment of the Wilson bill | bond issue should be authorized. When the question was put, the proposition was only supported by one affirmative vote | that of MT. Cochran himself