The times. [volume] (Richmond, Va.) 1890-1903, 1894-01-03
INCOME TAX DECIDED UPON.
Also, Additional Duties Levied on Whisky
and Playing Cards
THIS TIE DECREE OF The COEKITTEE,
The pecision Finally Reached on the
Internal Revenue Schedules by mo
ways snd Means Committee.

WASHINGTON. ID. c.. Jan. "A 2 per
cent. tax on incomes above 5000. an adj
sIuoaal tax OF ten cents gallon on
vhiskey. and a tax Of two cents a pack
ON piayiug-coras. was the decision
reached by the Democratic members OF
the Ways and Means Committee to-day.
This conclusion was not expected, mas
much as tho comm<tcc have been known
for so-ne time 10 be- evenly divided Oh
fhe proposition 90 tax incomes. with Mr'
srnrner of Georgia occupying the only
position OF doubt. Tac committee met az
The Treasury Department this afternoon
AZ to-clock. determined 60 settle the ques-
zion of am income tax before adjournment.
IN was represented by such az the gentle
mon as favored the proposition that
general income tax would yield the gov
ernment an annual revenue of $0O)0VD
that making the exemptions $1,000 would
limit % % a class amply able 20 afford
g. and that I'm view Of the large deficit
that Will be caused by the reduction In
customs duties there was no alternative
but 90 adopt 20. Some of the gentlemen
who opposed the tax argued at length that
the political effect would be fatal 20 the
Democratic party. and that IL would be
better 10 limit the tax TO corporations
only and raise the additional revenue
necessary from other sources.
How n Vote stood.
lfr Cochran Of New York insisted that
an income tax ought 10 be laid upon
All incomes. whether large or small. and
that any other course was unwise and un-
Democrats. i'm that 81 cid not fan on
an alike.
When Chairman Wilson put the prOposi-
ton 20 a vote six OF The eleven represen-
tatives present voted aye. These were
Afessrs McMilin, Bynum, Tarsney,
Whiting. Bryan. and Turner. and IT was
carried. The tax applies % the net earn
fngs of corporations as well as TO private
incomes. 1T does not. however. apply 70
snheritances. although that suggestion
was one of the earliest advanced when
the matter FIRST came up for cOnsidera-
tion I'm the committee a month ago.
The additional tax Of ten cents a gallon
on whisky includes whisky now in bond
With a view 90 make the tax fall as
lightly as possible upon the owners OF
this whisky. it was decided to extend the
bonded period 90 eight years. 1t Is now
three years. Gt was decided that the AL
lowance for "out Of age" shall be limited
10 six years The term "out OF age is
technically used 10 express the liquor that
SIS lost by evaporation and from other
cai ses after IT'S manufacture.
The large revenue arising from the In
come tax caused the committee TO recede
from the tax OF six cents pack on play
fne cards and reduce it 10 TWO cents. the
more especially ass it was felt that the
maximum tax would prove am embarrass-
mCnt 10 the manufacturers.
The tax OF $3.50 per thousand on cigar
cites. upoa which the committee agreed
some weeks ago. was allowed 10 stand
To Call Up the Bill To-Day.
Mr.. Wilson. the chairman OF the WAYS
and Means Committee, viii present these
T.venue features. agreed upon to-day, for-
mlIly 10 the House. He viii announce
tomorrow the conclusions reached by the
committee and will offer the items as an
addition to the tariff bin when the latter
comes before the House. Mr.. Wilson viii
cl'l uD the talim bin at the conclusion of
tle morning hour tomorrow and will
make a short speech ina explanation. Inc
chairman is $50 exhausted with the labor
which the preparation of the Dill has
imposed upon him that he Is I'm no
ro.Ill0n oI body or mind. as he expressed
DO t0-nieht q DO the subject justice lie
is unwilling thar the discussion shall be
DELAYED and if is for this reason that he
NM .rue if up tomorrow with view
oi dlsposng of il as quickly as possible.
While there is no disosition on the
part either of AIR. Wilson or the Demo
cratic majority 10 prevent the Republic
cans debating the matter fully, IL is
the chairman's intention 10 reach vote
ol the bin January 18th. Deducting sun
days this viii leave the bin before the
House thirteen legislative days. 1t is Mr..
Wilson's intention 10 limit general debate
to i've days The remainder of the time
win be- occupied in considering the meas
ure under the nve-minute rule. Night
sessions win be held in order that mem
hers. who desire. may have an oppor-
tunity 10 speak. but unless the present
programme is changed, an debate win
be closed on the l7th instant.
AT the conclusion Of Mr.. Wilson's re-
marks tomorrow. Mr. Burrows Of Michi-
gan. one of the leading Republican mem
bers Of the committee, will speak in
opposition 20 the bni.