The Providence news. (Providence [R.I.]) 1891-1906, 1894-03-09
The South Strikes Its Most
Deadly Blowat New England
OPINIONS ON THE SENATE TARIFF,
Tho Bill Much Worse Than the VIII
SON Democrats Say but
LittIe-The Republican Members
Explain Its Determinations.



WASHINGTON, March s.-The proceed
lngs of the senate committee of finance
called 10 receive the tariff bill as amended
by the Democratic majority of that COM
mittee were mainly informal Copies Of
the bill were handed to all the members,
aad the Republicans who had not had a
previous opportunity to see 1t glanced
through 1t curiously.
There was some discussion of the time
for consideration of the bfll by the fun
committee, the Republican members say
Ina they would desire reasona BILE period,
and the Democratic mem bers expressed
themselves as willing to grant that with
out cavil. Saturday next, at 1880 m,
was set for the next meeting. when the
Repu blicans, having had an opportu atty
60 examine the details of the bill. will
probably be able to say what time they
will require. 1t is considered probable
that they will ask for an entire week. af-
ter the next meeting day and possibly
more.
The Democratic members of the COM
mittee do not express themselves at this
time as disposed 10 press for action which
may be considered speedy. They say that
whatever delay may occur hereafter will
be chargeable TO the Republicans, and
they must assume the responsibility.
Outcome Doubtful.
The senator's who have given the com
mittee so much trouble in their demands
for increased rates of duty have not as
yet indicated whether they are satisfied
with the committees action on the con-
troverted points. While the sugar, coal
and iron ore interests have not obtained
all they would like, they will acquiesce
and support the bill. The New York and
New Jersey senators, who have been most
persistent in their demands, decline TO
state whether they are satisfied or what
attitude they will take when the bill
comes up for consideration in the senate
The Republican members Of the finance
committee iptend to assail the bill in all
of it's provisions. Senator Voorhees, said
that the committee had made all the con-
SESSIONS to the conservatives that could
consistently be granted, and he expected
10 get the cooperation and united support
Of every Democrat In the senate in behalf
Of the bill
Estimates ON Revenue.
Senator Jones of Arkansas. chairman
ef the tariff sub-committee, said when
asked for statement giving an estimate
Of the probable amount Of income to be
derived from the bill, and for an explain
alton of other features, that an official
statement, based upon estimates made by
the treasury department, would be given
out within a day or two. He was of the
opinion that it would be shown that the
bill would produce revenue of about
$40, ,000, 900 or $3.50, ,oO0, 900, without taking
into account the increased amount which
would be the result of the reductions in
tariff rates made.
This would be in excess of the require
ments Of the government, which he said
are about $i4S. .000, 900, not including the
sum necessary for the sinking fund or
made necessary by the recent bond issue
From this amount can be subtracted
about Sl5, 900, 900, now paid on account of
the sugar bounty, which would, If these
estimates are correct. give surplus OF
from So, 900, 600 to $47,00000O under the
operations of the proposed law.
As Viewed by Lodge and Reed.
Senators Allison and Aldrich. Republi-
can mem bers Of the finance committee,
said that they had had no opportunity to
examine the bill so as TO make any COM
ment upon il. The Republicans, as "A
rule. decline to express any opinions for
the same reason.
Mr.. Lodge, when asked to say how the
tariff bill would affect the New England
Industries, replied: "The free raw ma
terial feature which the Democrats have
30 made much of in New England has
been knocked out. The bill has been
patched up where il was necessary 10 do
so to catch votes. The bill to my mind
could not be worse"
The Populist senators are also reticent
saying they have been more interested In
the silver debate than In the tariff bill.
Ex-Speaker Reed said: "The bill is
much worse than il was when 1t left the
house. and it is much more important
for the interest of the country that il
should be beaten. The poor little plea OH
which Mr.. Wilson thought to justify his
action has disappeared. Free raw ma
terials for New England have vanished