The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1894-02-14
PROGRESS Is MADE
By the Senate Committee on the Tariff
Bill.


WASHINGTON. Feb. 1O.-The senate
subcommittee engaged upon the tariff
bill closed a very busy week late this
evening, and when the work of the day
was concluded found that they had made
sufficient progress to begin to see day
light in the distance" as one of them
expressed it. They declined. however, to
state when the bill would be in shape
for presentation to the full committee
The Indications are they are making
every effort to complete it so as to pre-
sent it some time next week. Not only
the members of the committee, but the
experts, who are assisting them, are
putting in extra hours on the bill.
The developments of the day indicate
that the income tax feature of the bill
Is To be undisturbed. that the term for
whisky in bond will be extended for
two years beyond the time at present
allowed, and that the free list will be
very much curtailed and many Of the
articles now in this list will be placed
OF the dutiable list under the ad
valorem system. This latter change is
TO be made in accordance with the COM
mittee's plan of making the bill strict
ly a revenue measure and 20 avoid the
appearance of favoritism The commit
tee has been working in the light Of
more information that it was possible
for the house ways and means commit
tee to have when the bill was before
il. and they have been devoting them
selves with aSSiduity to preparing a bill
which will meet the revenue require
ments with the end in view of prevent
ing another resort to the bond issue.
May Tax Sugar.
They find in pursuing this investiga-
ton and in view of the possibility of the
continuance of the present period Of de-
preston that it will be consistent with
this purpose 10 both retain the income
tax and to place a duty upon sugar.
Hence there is little doubt that they
have concluded, as far as they have de-
cided upon any course. TO allow the in
come tax to remain substantially as
passed by the house. The sugar duty
will be added. but possibly at not so
high a rate as the Louisiana senators
would desire or has heretofore been sug-
gested. 1t may be anywhere from =
OF a cent TO III cents per pound on
sugar under the Is Dutch standard.
There is some opposition in the sub
committee to any duty whatever on this
grade, but the Louisiana senator's are
so urgent in their demands that the COM
mittee will find il difficult, If a ma jority
We're so disposed. TO refuse their request.
Ii it should be made to appear after the
bill shall have passed the senate that the
bill will provide more revenue than will
be necessary, and that the house of rep
resentatives will be dissatisfied with
and unwilling 10 accept it, il can of
course be amended in conference.
whisky Men Working.
The whisky men are working hard for
an extension of the bonded period, and
they are likely to succeed. The revenue
derived by the government from whisky
in bond would be at 80 cents per gallon.
as fixed by he present law, about $780,
OO0 600 If the bonded period should be
extended without an increase of the tax
II would be about $40. 600. 600. but if the
bonded period should be heightened and
the tax increased to 81 per gallon. the
tax would still amount in the agg1t :, le
TO $50 GOO, 600: while if the tax should
increased TO S110 per gallon. even wI,iI
the bonded period extended. the govern
ment's income from this source would
be about $3.50. 600, 600. The distillers are
devoting themselves more particularly
to securing an extension Of the bonded
period than TO preventing action on the
part Of the senate looking to an increase
of the tax. There is still a possibility
OF a material increase in the rate Of the
tax. but figures are given beyond 81 20
per gallon with the chances largely in
favor of the figure remaining as fixed
by the present bill or almost: that II will
not be put above $110, and that whether
there is any increase over the Wilson
bill or not, the bonded period will be ex-
tended to five years.