New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1894-02-14

no APPARENT PROGRESS WITH THE
WILSON BILL "REVISE"
SENATOR HILLS INHERITANCE TAX SCHEME
PROPOSITION TO TAX COFFEE-TIE
SUGAR SCHEDULE
tBY TELEGRAPH TO TIE TRIBuxE.I

tBY TELEGRAPH TO TIE TRIBUNE.1
Washington, Feb. l3.-The date set
for the completion OF the Wilson Tariff bill re
wise" stl in the hands OF Messrs. Jones. OF Ar
kansas; Vest and Mills. Is Tuesday OF next week
Tuesday Is the regular meeting day OF the Finance
Committee. No meeting OF the committee was held
this morning Chairman Voorhees, sending out
notices the minority members that no business of
any was ready be submitted. No apparent
progress has been made toward the settlement or
the disputed coal. iron ore. lead ore whsk"N
and tobacco sections OF the bill each interest in the
Democratic ranks holding out firmly for concessions
which it failed to obtain in the bill when under
consideration in the House. From the present out
look the income tax Is sure 10 be retained, what
ever happens TO sugar and coal.
Nothing has been heard for long time Of Senator
Til"s proposed inheritance tax project. Mr.. Hill. il
will he remembered. prepared an inheritance tax
ccheme and sent 1t 10 the Ways and Means Com
mittec Of the House last November earlier, when
various additional incomc-raising plans were under
consideration by Mr. Wilson and mis- associates.
The New-York Senator desired to avoid the neces-
sity Of resorting direct income tax by authoriz-
ing a graduated legacy and Inheritance tax. the
amount to he collected by the Government varying
with the conditions under which the property de-
scendcd The Ways and Means Committee ignored
Mr. IIills suggestions completely. and after long
contest voted for the present Wilson bill income
tax system under which of course money inherited
years income OF the beneficiary. Since the Wilson
bill has been in the Senate Mr.. IIl has made no
effort To substitute his elaborated lc;acyaN scheme
for the general income tax provisions approved hy
the House As Yet the legacy tax project has not
been offered by the New-York Senator. either ~
an amendment 10 the Wil1on bill or as a separate
measure ana there Is much curios-;r manifested
to whether a fight will be made by Mr.. til
and others To get rid Of the odous income impost
by displacing 1t for the single legacy tax
The plan Of tho Senate Committee Is said 20 carry
with 1t some severe sashng into the free list of
the House bill. 1t is generally understood that
coffee will be put the dutiabic list at about 20
per cent al valorem. and Il is also equally well
settled in the minds Of those Senators interested
at least. that coal Will be- shifted from the free
list TO the dutable list. II. as appears 70 be III"
case. small duty IL TO be- put on iron ore. II VIII
make necessary complete overhauiInE OF IN, nun
schedule. fact that Will hinder IN" early report
ing OF the bin 10 the full committee. Thai tnc,e
viii be an increase In the whiskey taX IS consl-
cred certain. bu; the matter Of d"'ai as 10 now
much and what shall b" the length ot the Dond'i
period is siill undetermined. Sugar, is stil. All
reports 10 the contrary, an unknown factor IN me
revenue schedule although II can be stated Win
much posiiivencss that II VIII Ice taxed
To-day az Yesterday. saw "A great many people ~
the Capitol endeavorng 10 secure IN" attention or
scented. Senator Mcpherson was perhaps. the most
sought after. and his committee room was nicd
represented there hatters. silk manufacturer
sadders. photographers salt rice. pottery. etc MI
Mcfh"rson hlinS"h dll not come 10 w H''''' .tt.'
afternoon. and was then closeted for som" time
with ex-Representatvr Bacon. Of Ne~-lofk sen
ator Mcpherson Is understood To be at work upon
a bill framed upon lines more In harmony WIN ms
individual Views than that upon when IN" com
mittoe is labOring and II ls SAID thai when
will present q, for their Consideration n" Will
however. be guided by whatever his colleagues on
the Finance Committee may decide such biz
would necessarily largely Increase the list ~ duiia
bic articles FOR Mir Mcpherson Is now. a. he has
always been. opposed 10 duty on sugar or a tax
on tobacco and the large deficit that IN" absence
OF these sources Of revenue would create would
have to be made good In corresponding Increase
Of he