New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1894-08-17
A WHIsKEY and SUGAR ADMINISTRATION

The letter Of Secretary Carlisle raises som"
strange questions In denounclng as fatal to the
public credit n bill which ule Democrats Of the
House have passed according 10 the unanimous
decree OF "A Democratic caucus. he must be
speaking the wishes Of the President. who
argued for the sugar duty in his letter to Mr.
Wilson. l. the House faithcss TO public duty,
and was the Senate also when II proposed free
sugar or is .he President merely the chief lob
byisi for The Trust? With the Mckinley duty
on manufactures free sugar was easy Win
the new tariff which the President has Oh his
table the Secretary says free sugar means bank
ruptcy. What right has the President to sign
the bill If IT creates the opportunity and gives
the Sugar Trust the power. In the words Of
Professor Wilsoa TO hold the country by the
Mcat'? The single word veto would break
the power Of the Trust and give ample revenue
TO the Government. But by whom is the Trcsi-
dent hired. II he will not speak that word! Is
IL not true of him. as "Thc Ncw-iOrk Herald
declares Of Congress- that II will be 'unparal-
elcd infamy" 10 permit the present bill 10 be-
come law without change.
The Secretary implies that the President will
sign the bill. and treats II as certain TO take ef
feet: Yet his letter more than confirms The
Tribune's estimate that the bill will not yield
sufficient revenue His own calculation is that
the bill will yield only $37S,OOO,OOO when the
income tax Of $50 600 is collected. but that
this tax will not become payable by the terms
"of the bill until on or before July l. 1895 which
"is the close OF the fiscal year" This leaves
only $3G3, 100000 OF revenue expected by the
Secretary. who estimates the expenditure ut
$3G3, 100000. mot including sinking fund or the
payment Of s23G3O00 Of Pacific Railroad
bonds which will mature during the year At
the start then, II Is confessed that the bill, II
signed by the President, will cause a deficit
But the Secretary further mentions that the
duty on sugar is included as yielding S4347S
05J He Is careful not to state but all the world
knows, that from a third TO half Of that duty
has been avoided, and taken for It's private
treasury by the Sugar Trust. through the enor.
mously increased importations Of sugar free of
duty. This will cut of from $14.OO0,OOO to
500 100000 Of the revenue which the Secretary
includes, making the deficit for the year from
$16.000,O00 to $24.OOOO00
This Is not all The Secretary also states that
the estimated increase by additional tax on
whiskey has already been prevented to great
extent by the withdrawal Of goods from the
bonded warehouses and the payment Of the
tax thereon at 30 cents. and this proceeding Is
"stlll going on On 20OO0,0O0 gallons already
taken out and 100000 more expected to go
out before the President signs the bill the loss
of revenue would be $7,0OO,OO0. This would
make the deficit expected from the Bill Of Sale
$23. 100000 to $31,00OO0O. provided imports
should be as large % the Secretary estimates.
But his calculations are on the basis Of mporta-
lions In 1893 and the proposed duties. exclusive
Of those on sugar, he puts at s135, 100000. The