The Ohio Democrat. (Logan, O. [Ohio]) 1886-1906, 1894-08-11
coMPRoMlse RuMoRep.
Il IA Asserted That the President VIII sigu
n TarifY RIII SOOr.

TarlfY BiiI soor.
WASHINGTON, Aug. 4.-After the
meeting Of the cabinet Friday night,
four members announced, each to a
different person, that an agreement
had been reached by tlc senate and
house conferccs on the tariff bill. The
basis of agreement was not disclosed,
but one of the most distinguished
members of the cabinet said to united
press reporter: You can announce
that the president will sign . tariff bill
within ten days
The foregoing, hulletined by the
united press. spread rapidly through
the city and caused much excitement.
No one of the four cabinet officers who
spoke of the settlement would divulge
the terms, but the inference was strong
ly conveyed that the senate bill with
not very material concessions is the
basis of the agreement
| The paramount reasons that seem to
have brought about an adjustment
were stated to be the absolute necessi.
ty for cessation of the period of uncer.
finance might recupernte, gold exports
stop, and the country be given an OPP
portunity to resume business, which
has almost come to a standstill because
of the long drawn out delay.
From other sources it is learned that
the sugar schedule that will be agreed
to, and which has been accepted by the
house conferees, is as follows: Forty
per cent. ad valorem on all raw sugar,
the duty to be collected, however, on
the basis of the saccharine strength.
In addition to this there is to be differ
ential to the refner of one-ffth of a cent
a pound, and discriminating duty
against those countries that pay an cx.
port bounty on refined sugar equiva-
lent to the bounty SO paid.
1t is understood that the government
will also regulate in some way the
prices of foreign sugars SO as to pre-.
vent any attempt to juggle with the
quotations.
If any faith at all can be put in the
signs that manifest themselves about
the capitol, Saturday will witness the
beginning of the end of the tariff con.
ference. There is every indication that
the democratic members will get closer
together Saturday than they have al
any time yet.
This is due to the fact that the sugar
schedule is thus practically out of the
way. Though every member of the
conference denies that there has been
any agreement there seems no longe,
any reason to doubt that they have
agreed as to what they will do wher
the time comes to act.
The house conferees have alway.
held that there was hidden away in the
schedule of the senate bill protection
to the trust that greatly augmented
the differential one-eighth that wa
given them, apd they have contendet
that this should be removed. Upor
this basis they make the demaI.d tina
the text of the bill should be changed
and in a spirit of concession the senate
to that extent, yielded.
AS now prepared in the sugar sched
ule, it is claimed there will be abso
lutely no hidden protection for th'
trust, tax being levied on pure sugar
and that nothing can accrue to then
through the process of refining. Th
reiner will be given differential dut,
of one-tifth of cent a pound on re
fined sugar, and discriminatin;
duty levied against such countries a
pay an export bounty on refined suga
equivalent to the amount of tina
bounty.
1t is figured out by those who advo
cate this duty that it is not any bette
for the trust than the former sched
ule, although this is denied in othe
| 11a,.farS