The Bessemer indicator., 1894-01-27

IRE shall come In free.
Congressman Bell made speech on
he tariff bill on the 10Th. He op-
posed the wool and lead schedules.
Senator Cullum in speech on the
Hawaiian question in the Senate few
lays ago gave Mr.. Blount terrible
,coring. He also denounced the
.ourse of the government.
Senator Washburn says the anti
option bill is to be introduced in the
House shortly by Farmer Hatch as a
means Of revenue, and not for the
purpose Of imposing penalty on the
dealers in futures and options.
Secretary Carlisle is being flooded
With offers to buy the proposed issue
IF bonds. One New Yorker offered to
AXE the whole lot of $50, 600, 0OO.
Mr.. Carlisle wants to sell them in
small lots so that they may go into the
hands Of people of moderate means
throughout the country.
President Cleveland has nomi mated
Wheeler II. Peckham Of New York to
be associate justice of the Supreme
Court. Mr.. Wheeler is president of
he State Bar Association and was a
delegate to the famous "anti-snapper'
convention. This, it may be readily
Understood will not insure him the,
support of Senator Hill.
Miss Lizzie Fields of Denver has
oeen selected to read the poem and
,ddress at the unvciling Of the por
.rait of Mrs. Harrison at the White
House, February 22nd. The Colorado
members are greatly pleased at the
lonor thus conferred on one Of their
people and are anticipating the event
with much interest.
1t is probable that it will be soma
time before action is taken in the SEN
tie on the territory admission bill,
The Senate committee on territories
met on the oath for the first time since
Christmas, and the sentiment ex-
pressed was that there should be in
;cstigations and hearings on qucs tions
involved in the territorial bills.
Senator Teller has introduced bill
allowing nitre and kalium salt lands to
be entered on conditions similar to
those required for pre- emption entry.
Until recently the interior department
held such lands to be mineral, but re-
Gently this ruling has been recalled.
No such lands are known to exist in
Colorado, but are found largely in
Wyoming.
Representative Bell has introduced
bill to provide for the withdrawal OF
the discretionary power of the secre-
tary OF the treasuary to issue bonds;
to provide for the coinage of all the
silver in the treasury, and to pay out
the same; for an issue of non-interest
bearing treasury notes for current cx-
penses, and to protect the gold reserve
and give immediate relief to the treas
ury.
Secretary Carlisle has sent a COM
munication to the Senate, showing the
amounts due the United States from
the territory of Utah on account OF
costs and expenses of prosecution.
These expenses began in 1873, and
have continued ever since, the total
amount being $725, 555. 1t appear.
that the law requires that these ex-
penses be paid by the territory, but
Congress has annually appropriated
the money required.
1t is said to be the intention Of q
number of Democrats when the income
tax bill is introduced in the House, tc
move to make it an amendment to the
tariff bill. AS soon as this is done
MIR. Pence, who has been selected fo
that purpose by the Populists, will Of
fer an amendment to the amendmen
to substitute for the straight tax Of .
per cent. Of the committee, a gradu
ated tax in accordance with the plat
form Of the third party. Mr.. Pcnc,
has his amendment drawn and it vii
provide for tax as follows: One pc
cent. on all amounts between So, 80,
and $40, 900, 2 per cent. on all be
tween $4,000 and $50, 900, 3per cent
on all between $50, 900 and $50, 600
per cent. on all between 500, 900 ant
300, 600, and 5 per cent on all aboy,
800, 600.
The income tax bill has been com
pleted by the Democratic members o
the ways and means committee. TIL,
tax is per cent. on all private in
comes over 81, 900, and on all income,
of corporations no matter how small
In case person having an income o
over s3, 500 fails to make a return, j
becomes the duty of the revenue as
SCISSOR to make inquiry as to tn,
amount of the persons income. |
this examination discloses the incom,
as over $4,000, the income is subject
ed to twice the ordinary tax under tn,
law, and the party failing to make hi.
return is guilty of a criminal offcnse
and is made subject to fine and i'm
prisonmcnt. Heavy penalties will b,
inflicted upon any officer who make
ublic the amount of any income
Particular provision is made for til,
collection Of the income tax due OIL
salaries Of individuals received iron
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