The times. [volume] (Richmond, Va.) 1890-1903, 1894-02-08
BILL FOR REVENUE0 ONLY
SENATE COMMITTEE WJLL MAKE
RADICAL CHANGES.
IL il said that the Tarif Bill When Re
ported from the snbcommittee will
Contain No free List.

WASHINGTON, d. C., Feb. T.-The
subcommittee OF the Senate Committee
on Finance. consisting OF Mcssrs. Jones
tArk.i, Mails. and Vest. got 10 work
early this morning in Mr.. Vests room,
and went over a number Of schedules in
the tariff bill, suggesting changes in a
number that are merely tentative pending
final action by the fun committee. u
has been said that the bin might be re-
ported to the Senate next Tuesday, but
this was emphatically denied this morn
ing by a member Of the subcommittee,
who said that despite whatever progress
had been made, il would he utterly I'M
possible to have the bill ready by that
time.
stsictiy Revenue Bill.
Speaking Of the bill generally, this
senator declared that when the measure
was reported To the Senate il would be
q strictly revenue bill, yielding sufficient
revenues for the government under an
economic administration OF AFFAIRS. Ihis'
he said, meant that there would be u
duty on sugar, which was in line with the
Democratic policy as enunciated IN the
Mills Bin and an increase in the Whisky
tax. ~ ,,,,
The bill has been practically divided
into five sections or schedules-A, h, -
rIaced All articles bearing compound or
combined specific and ad valorem duty.
md the remaining duties will be all ad
,,alorem. In schedule Il will be placed all
articles bearing a duty of 40 per cent.
i'm schedule g those bearing SO per cent
in schedule ID those bearing % per cent.
and in schedule u those bearing ~ per
cent.
No Free List.
The bill when reported will contain no
| free list. Every article mentioned IN II
will be subject 10 a duty OF some hluu'
and those not named I'm the bill VIII DC
admitted free of duty. The sub-cobi-
| rnlttee are going carefully through tu'
Wilson hill. and selecting the largely III
| norred articles As these articles are
! picked out they are placed III III ,.,.
! due which. in the Judgment OF tne com
,r,ttoe will cause them to yield tht
| greatest revenue. h
| Durino the afternoon the whisky sche-
dute was briefly discussed. The tax was
/ as 10 the advisa. .ty OF ncFe"shs ~.
tax and extending the, bonded period. ~
aoreement was reached, but II was ue-
| cidad To have talk with the Commis-
| eloper of Internal Revenue on the sup-
ject.
qweeping Changes TO he Made.
One point appears very clearly as the re
! .,,,t ~ the subcommittee labors up t'
this point, and that is that the ,a tarlI
,rb,ch thev Will present to their Demo
cratic associates on the Finance Com
mjttse for approval will bear but ver,
a1ieht resemblance to the original Nliso'
! hin. The reason for the extensive ehahse
in contemplation and already made Is !,
be found IN the decision Of three sun
committeeman to be governed py ,ne I,.' Il
- he ola Walker tariff act. and so pac
{ the duties as 10 secure the largest amonh
~ revenue. which involves. of course. re
auctions In some cases. increases perhap
i'm others. and a very restricted free ns'
if indeed any articles entering largely I'M
consumption are perwit'ed 20 entef dut
| free.