New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1894-06-01

war with England and once during the ReOei"o"'
The great bulk-almost all-of the revenues was
ceived from taxes on imports, amounting since .'e
foundation Of the Government TO $LlSl""V" i"e
internal revenue tax established in the war periou'
was found be easily collected anu hU' povided
some and II was only retained because y F1o'ur ~
funds equal the amount annually pau . IL.
sions In Ohio 1t was found that the Consutu'Umdi
adopted forty years ago was peninu we NV taxes
- sYnnlv its revenues. The income tax was "a a
direct tax and ought he thought 10 DE ei' ~ wv
One Of the causes of the war between me Co see5
and The ne mother none condgct any The
policy Of the Republican party n naS of Congress
10 grant bounties. but he was not at all III '0''
with that policy. 49,, .1o.,or Of the Gov
eminent had passed laws not for the purposes %, OF
revenue but to prevent TIE ads9n q then Quoted
from speech made by MIR. VOORHEES, IN iSS- IN
indiana m S amen iar 9' law that did contribute
some part Of protection. In TINS Speech vi record
bees 6 sh waf amSS Party had II favor Of
tariff for revenue and in addition tnererT3 amer
nroner protection Of American workmen anu N ~,
can industries He also gave quGaauo and is sSd
General Jacksons views on me ti,,n The Views OF
that Democratic President as the basis OF MS lucas
in the construction OF tarif measure
THE VERDICT OF OHIO
T., Ohio there was an opportunity to test the
Familiarity OF the Mckinley bill with Mch,hiey vi
one side and Neal on the other the result Dehe ,nA'
ths Renublicans carried the State by more thah
S,Co majority The foundation of the present Dem-
ocratc policy Of free trade as said to be
SMGd N he Constitution the Conteder95e states states
Which read 10 wonder d56 said hat he poicy
'aRe c1du to the policy Of the Deo
cratic party Nh N,r Morgan had said at time
that he thought it question OF apu 1ron or in Habama
whether the disGGSsrE n % to his people would
interfere with the raising OF cotton anu '"'''"''
the prize Of aST sned ever having made this state
n,snt but Mi sherman said that ne was sba de-
SSIp Of the south was good si gIcsn ame
showed that that part of the nsrty nad the
ing as II no. Vest we're indebted to the Senators
from the South for tbs duties tna' not have been
on Ssnted he believed had not coal and iron pe1d
discovered in the South 1ne hut were intended
for protection. and he believed that the
Referring briefly to sugar in n isf fr PqFl in IN the
speech Mr. sherman sag 6o1 1nf about sugar and
Expected to have duty placed upon tha5 o{anndnc
or II M nIy Bin he said that 1t had some de-
tnerts-one OF them the bounty on susd'' - ""'N'
n. was , Uppos took up Mr. Voorhees, speech OF
Anr in which the statement was mace ,iS I.a
M, ,5c Wages of the worknen in the iron and steel
mills of Pennsyvania We're greatly r5uurr n in The
tnterest Of the iron manufacturers lie denie1 one
conclusions drawn by MI Noorh les ,ooS strong ex-
tn9 70 Mr. Voorhees, statements that he
he OutgrOWth 49,
Mckinley act
loss OF REVENUE CAUSED BY FEAR.
=, ros,orsa N the charge that the Mckinley bill
a,d not supplv sufficient revenue Mr.. Sherman saiu
that II was the fear of change or the tarli Ia"
which caused the revenues TO fall on haI w.
1Iarrison been reelected the revenues would not
Rave fallen off for there would have been no lear
OF Change in the present tariff law IT, Nv when
Congress- met the Tariff bill had been taken w
and discussed as a financial question theIe Wou he
%aya been no trouble on the Republican side OF the
chamber. Had an Impartial S9f he been ma ssed
i'm thirty days But 1t was not that KIND oil Gis
cusson nor the proper sort wS es dogma similar
TO that found in the Confederate SonsSi'9asTn
bius in nubIc as in private NE was always
a BLESSING His idea Of model tarin Was Vas, oasea
Largely upon measure The classification was DIS.
tnct and clear. Politics was not ntrouuceD Nj ''"'
then ada a hm esme to r t4s the
c,6c rates The former system he declared az az
%ays f 20 Der r Cent less than their real cost
Taking up some Of the ba those e IN Witch the
South was interested had good rates i,s. OF d Eeya
%Hs K. ss IL , the s NsFn haa ST
A. 40 per cent and rice at 50 per cent; WINE No.
,Se, wii S,ne throughout the North and West was
free. He would dsm2nq saa' d , we're not for
psvenne but for protection. AS such he believed
in them. but he wanted the same RUE aPp''eu -
THE INCOME TAX DENOUNCED.
W. o,.o o,,ecbad the income-tax proposition. am
oId that II would affect the poorest OF the poor OF
the most frugal of the poor. whose savings "er'
IN the stock of the National banks ana IN SAVING
banks and building associations. 1t woulu DE
burden on them; but yet under It, as now lrain e
three-fourths Of all the incomes OF the p epe
between 1900 and $4,000 vould De e"oep'eN'
Wbv Mr. sherman asked should wool be MAD
an exception 10 the other raw maoeria, hicb de
noanded and ought 10 receive the highest pToteec
ton As to sugar. that was an artcIe DV.m "a, ~ =
fishing the beet sugar industry. ana also lor u
purpose Of protecting The sne su gSe for du
Of from to cents pound on al t sa raSer 3
fSa than 10 give bounty. The duty, levied Of
the present importation OF sugar would yield a.
e9oTin1o onS be enough to pay the bounty bee
sugar That policy should be adopted The tota
Sas equal 10 dve-eghths Of cent per pound whiG
more than was given Dy Vn1 fIc M contrc
Of one the largest trusts in the ,e Te vi"
gsSSeSo6S and With capitalization of 5000, %
which had paid out enormous dividends, and wnicf
ns 1s% And yet this same Combination. Nj
Sherman said. had come 10 washington ana Gam IA
pound-a grossly excessive protection, N 10
Finance Committee refused to give 10 the iarn'e
In Conclusion he appealed to the Democratic sid
OF the Senate not to force upon '"e and he OK
pressed a hope that the result OF the whole ma ne
would be a measure which would result IN el
HANGING the glory strength and power or thls grea
country. 49,. ho,rs o.,
when he took his seat he applauded BY IN
people In the galleries and congra ulated by IN
Mr. Camden Dem. W. Va advocated the Ser
ate amendments TO the Tariff Dill as beihg Wlse
than the TOO violent changes proposed IN me ffous
bill There not a single item he sald IN IN
Senate bill that not large reduction iroi
the Mckinley tariff: and. with few exception
they were reductions from what the NILS Dill ma
proposed He believed that II the bill were promp'
" assed and given TO the country, II would prov
a most satisfactory measure, and would snow ina
the Democratic Congress was dscharglng faltf
fully and well the duties con6ded TO K by the vote
OF the people.
THE Ss-MEETING TONIGHT.
q