The evening herald. [volume] (Shenandoah, Pa.) 1891-1966, 1894-04-27
AGREEMENT REACHED.
DisaffeCted Senators Satisfied with
the Revised Tariff Bill.
SCHEDULE AND INCOME TAX

An Ad vaiorom Instead Of Specific Duty
on Sugar and Time Limit for the En-
forcement Of the Income Ta1-The Bill
May Pass by July L.
WASHINGTON, April 27.-The principal
changes to be made in the tariff bill in aC-
cordance with the agreement made by the
Democratic senators are in the income tax
and the sugar schedule, The sugar men
have been from the first clamorous for an
ad valorem instead Of a specific duty, and
that change has been conceded. The de
tails have not been absolutely fixed, but
there Is little doubt, If any, that the sugar
schedule will be entirely supplanted by
new one, which will provide a uniform
duty of 40 per cent. ad valorem, with an
addition of one-eighth of a cent for refined
sugar
The principal change In the income tax
is provision for the limitation Of the
time that the law shall remain in opera
ton. This is another matter of detail
| which has not been absolutely agreed
| upon, but the principle having been con
! ceded the senators who have the comprO
mise in hand do not consider that there is
| any possibility of failure on account of the
| period. 1t will probably be about five or
six years. There will be no change in the
rate of taxation, which will be left at 2
| per cent on amounts in excess of 81, 600.
| Some changes will take place in the ad-
! ministrative features of the bill, and some
| of them look towards the equalization of
the tax, so as to make it bear alike upon
all classes which it may effect.
A number of changes in the rate Of duty
will be made in the iron schedule, in
| which there will be a slight advance over
the rates fixed by the pending bill. Car
pets will also secure an advance. In many
cases the rates fixed in the house bill will
| replace those of the bill reported to the
senate by the finance committee
Another material concession which will
be made to the disaffected senators will be
the restoration of the specific system in
many places where the finance committee
changed the house bill by the substitu-
tion of ad valorem duties The manufac-
turers have made especial complaint of
the ad valorem system because of the op-
portunity which they say it offers for
fraud. Their senators have supported
them in this representation, and the finance
committee, while still retaining their
confidence in the fairness of ad valorem
methods, have decided to yield the point
in many instances for the sake of harmony
and with the hope of securing the jealous
support of the united party in the senate.
There will be no change in the rates
fixed on iron ore, lead ore or coal, and
wool will remain on the free list. The
whisky tax rs reported by the finance com
mittee will also be undisturbed.
1t is understood that the entire Demo
cratic majority of the finance committed
is in hearty accord upon the wisdom o.
the proposed changes. Senator Jones, o.
Arkansas, has taken the initiative anC
performed the greater part Of the work o.
affectipg the compromise by getting tn,
( dissatisfied senators to state what the,
wanted and bringing them together, ant
also by securing the assent and co-opera
tion of the president and Secretary Car
Isle
The conservatives, with the one excep
tion OF Senator Hill, who is absent from
the city, have been fully consulted at tn
various stages of the negotiation, and it i
understood that, with the amendment
added to the bill, IT will receive their cor
dial support, They have given assuraRS
To this effect, and those supposed to b
authorized TO speak for Senpbor Hill sR,
they also have assurance of his support.
Representative MeMillin, of Tennessee
who Is a III smber of the ways and mean
committee of the house and was chair
man of the subcommittee that drafte
the income tax, declares positively tha
the bill will be law by July l.