Evening journal., 1894-01-03
THE TARIFF ONCE MORE
Congress Reassenlbles and Goes
to Work Again.
AN INCOME TAX DECIDED UPON.


Means Committee Settle Upon Some I'm
portant Changes In Internal Revenue
Tares-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 II mem
hers 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 one
TO levy "A tax Of ? per cent against indvidu-
al incomes over $4,000 and against the in
comes from corporations Chat 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 Mr.. Cochran Of
New York TO tax the incomes from corpora
tons per cent and inheritances 5 per cent,
TO place a tax of 10 cents on whisky and to
restore sugar to the dutiable list at = cent
per pound.
Cockran's Substitute Defeated.
The vote on Mr.. Cockran's substitute
proposition was taken first, resulting In its
defeat by to 4, as follows: Yeas-Messrs.
Wilson, Cochran, Stevens and Montgom-
cry Nays - Messrs McMillin, Turner.
Whiting, Bryan, Bynum, Tarsuey and
Breckinrdge
The original proposition was then sub
mitted and carried b. a vote of 6 to 3, as
follows: Yeas Messrs. McAiillin, Turner.
Whiting, Bryan, Bynum and Tarsney.
Nays-Messrs. Wilson, Cochran, Stevens.
Montgomery and Breckinridge
1t was also decided in connection with
the latter proposition to increase the whis-
ky tax 10 cents per gallon-that is, from 30
cents TO 81, TO be levied against whisky in
as well 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
one 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 cigarettes-Sl 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, 200, 900 revenue-si2.
100000 from corporations and SlS.OOO. .OOC
| from individuals. The increase in the
whisky tax, it is estimated, will give an ad
ditional revenue Of $1,000, 600 per annum
! The proposed tax on inheritances. whicl
was 20 be levied in case the proposition fo
an individual tax failed, was not deenc,
necessary
Revised Internal Revenue.
Summarized, the internal revenue fea
lures of the Wilson bill are as follows: A
tax of per cent on Individual income.
over $4,000 and net corporation incomes.
tax Of cents per pack on playing cards
81 per gallon on whisky, 81 per barrel Oh
beer, $3.50 per thousand on cigarettes an,
So per thousand on cigars and cheroots
These features of the bill will be presented
! to the full committee today and will bl
formally introduced in the house later il
the week. Before the Democratic mem
bsrs adjourned they also decided upon thi
programme for the tariff debate.
1t will begin in the house today, and TIN
general debate will continue until Mon
day night, Jan. s. Nine days will be al
lowed for debate under the five minut,
rule, during which time the bill will b
open for amendment. The evenings Of
these nine days will be devoted to genera
debate The final vote is to be taken Jan
H. The necessity for prompt action on thu
tariff is deemed of such crying importance
that it is not expected now that the Ha
waiian matter will be allowed to interfar
with the tariff. The latter will have prec
edence until disposed Of
Before the final vote on the individua
income tax was taken Mr. Cochran offere,
a proposition to the effect that in lieu O
providing for the deficiencies resultin,
from the enactment Of the Wilson bill
bond issue should be authorized. Whel
the question was put, the proposition wa
only supported by one Affirmative vote
that Of Mr.. Cochran himself.