The Providence news. (Providence [R.I.]) 1891-1906, 1894-08-09
THE USUAL RUMORs.

THE USUAL RUMORS.
The usual rumors of agreement and
disagreement came from Washington
last night, and whether there is really
any more foundation for this last
batch or not is . question. 1t is true
that they are somewhat more circum-
stantial than usual, but tho reports are
so conflicting that until an agreement
is actually reached and Congress duly
notified, it will be idle to discuss as a
finality the tariff bill. One keen OBJ
server OF political events In Washington
says:
" 1t goes without saying that in the
reported agreement the Sugar Trust is
TO be entirely protected.
OF course. that has been perfsssiy we'll
understood from the start. The white
washing committee, Mr.. Claveland's
letter to Wilson aud other circumstan-
ces have all pointed to this one oon-
summation. "Ws must take care of
the Sugar Trust" has been the one cry
since tariff agitation began, Tho sugar
schedule which 10 said to have been
agreed upon is the ono least
generally discussed. 1t provides for
40 per cent. ad valorsm OF raw sugar
below No. 16 Dutch standard, and
requires that refined sugar shall pay MS
a duty the duty on the raw sugar which
t contains; and that in addition, the |
'efiners shall have one-fifth of cent q |
bound differential. Because of the
'agueness, uncertainty and possibilities
or corruption incident to the restoration
II the Dutch standard test, and of the
uncertainty OF determining the value of |
he raw sugar In the refined, sugar ex-
'erts generally admit that this sugar
chedule is better for the refiners than
he one contained in the Senate bill.
Gossip fixes the status of the coal and
ron on schedules as follows: The duty
ore cents a ton upon bituminous coal
J retained. The reciprocity provision
J added, that coal shall be admitted free
rom those countries which admit
United States coal free to their ports.
here is also added provision that
here shalt be sliding scale of reduc-
on OF duty on coal of cents ton each
ear for eight years, at the end of which
eriod coal will become entirely free,
Mess IN the meantime, under q differ
at Congress and new administration.
us provision be repealed. l.
There is similar sliding scale pro-
ded for the extinction in an eight year
,riod of the duty upon iron ore.
eanwhile, the duty remains upon 1t as
'ovided by the Senate bill.
The above is the most reliable gossip
at prevailed this morning at Wash
gton, and whether subsequent events
i'll bear out the rumors, time alone can
'termine. There is very much doubt
'out the coal schedule. and while it .
ny be possible to pass such bill I
rough the Senate we doubt IL. Z
Among the other interesting rumors a
one which says that the present STAN 4
de to arrive at some compromise is :
Ie entirely to Senator Gorman's threats
to the course he should take IL an y
reement was not reached. As y
orman has kept most Of his threats. =
Is is extremely likely. He does not
re particularly about what conces- =,
ms are made, as all he wants Is 10 get !,
bill back into the Senate, where he n
n control 1t and kill u IL It does not !,
II his desires. :,
Amid all these rumors New England ii
TO be congratulated that tue Bourbon
lie has not been inserted into the d,
ton and woolen schedule as was n,
The schedules are bad 4
ough and will well nigh ruin New
gland industries. but they could be n
'de infinitely worse and this sffliction
3 as yet been spared. I.
The South in its haste to protect itself A
no longer time to take revenge on FL
'rthern industries. w
What today may bring forth is a mys- a,
y. IL may witness an agreement and h,
ray not, but a. time slius awsv tba | q,