St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1894-04-27
.SENATE'S TARIFF BILL.
AMENDMENTS AGREED ON THAT EHb
MU-H or Til: OPPOSITION
LIMIT ON THE INCOME TAX.

And an Entirely New Sugar
Schedule on an Ad ValO-em
Basis Probable-*pecific Du.
ties to Be Restored In Many
Instances - Advance in the
IrJn Schedule.
WASHINGTON. April 26.-The prin.
cipal changes to he made in the tariff
bill, in accordance with the agreement
made today by the Democratic senators,
are in the income tax and the sugar
schedule. The sugar men have been
from the first clamorous for all ad
valOrem instead of a specific duty, and
that change has been conceded. The
details have not been absolutely fixed,
but there is little doubt that the sugar
schedule will be entirely supplanted by
new one. which will provide uni
form duty Of 40 per cent ad valorem.
with an addition of IS cent for refined
sugar. The principal change in the
income tax is provision for the litnita-
ton of the time that the law shall
remain in operation. This is another
matter of detail which has not been
absolutely agreed upon. but. the priIci-
pi. having been conceded, the senators
who have the compromise in hand do
not consider that there is any possIbil-
ity Of failure OH account of the period.
1t will probably be about five OF 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 $1,000.
ADVANCE IN IRON SCHEDULE.
A number Of changes in the rate of
duty will be made in the iron schedule,
in which there will be slight advance
over the rates fixed by the pending bill.
Carpets also will secure an advance. In
many cases the rates fixed in the house
bill will replace those of the bill report
ed to the senate by the finance commit
tee. Another material concession which
will be made to the 6isaffected senators
will be the restoration of the specific
system in many places where the finance
committee changed the house bill by
the substitution of the all valOrein duty.
The manufacturers have made eSpt cial
complaint of the ad valorem system be-
cause OF the opportunity which they
say it offers for fraud. Their senators
have supported them in this representa-
ton, ana the finance committee, while
still retaining their confidence in the
fairness of I'D valorem methods, have
decided to yield the point in many in-
stances for the sake of harmony, and
with the hope Of securing the support
of the united party in the senate.
There will be no change in the rates
fixed on iron ore, lead ore or coal, AMI
wool will remain on the free list. The
whisky tax, as reported by the finance
committee, will be unds:urbed.
ALL INDoRsE THE BILL
1t is understood that the entire Demo-
cratic majority OF the finance committee
is in hearty accord upon the wis;lo IN of
the proposed changes. Senator Jones,
OF Arkansas. has taken the initiative,
and performed the greater part of the
great WORK OF etfectinS the co upromise
by getting the dissatisfied senators to
state what they wanted, and brin Zing
them together. and also by securing the
assent and &C. operation of the president
and Secretary Carlisle. The coascrva-
tiyes, with the one exception of Senator
Hill. who is absent from the city, have
been fully consulted at the various
stages Of the negotiation, and it is
understood that. with the am .ndments
added to the Olil, it will receive their
cordial support. They have given as
surance to this effect. and those sup
posed to be authorized to speak Tor SEN
atOr Hill say they also have assurance
of his support.