New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1895-12-31
PROSPECT OF TARIFF LEGISLATION.
GROWING FEELING THAT THE BOND BILL
SHOULD re TAKEN Up FIRST IN ORDER 10
CLARITY TIE ATMOSPHERE.

A GROWING FEELING THAT THE BOND BILL
SHOULD nE TAKEN Up FIRST IN ORDER TO
CLARITY TIE ATMOSPHERE.
Washington. Dec. 80 (SpeclaD.-There Is a growing
feeling among Republicans In the Senate, which
has some strength also on the Democratic sde OIL
the Chamber that II will be wisdom for the Finance
Committee to begin at once consideration OF the
Bond bill and await Its disposal by the Senate ne
fore repairing the revenue measure TO that body
One of the leaders the Republican side said To-
day that such plan would render much more lkc:y
the prompt passage of the bill amending the pres
riff. 1t would afford the freecoinage Senators
a chance TO deliver their speeches, which they are
anxious send TO their constituents, and wouid AT
the time prove 20 the country the impossipi!N
OF any formative financial legislation for the reilet
OF the Treasury under existing conditions in the
Senate ana House and the consequent necessity Tor
the passage OF such measure increasing me
that which Is about to be considered py
the Senate Finance Committee
Senator Quay II H. said. believes that emer-
gency tariff provision bill will become a law. His
opinion is not. however. shared by number OF the
most prominent Republican leaders In the Senate
Notices OF amendments TO be Offered TO the House
bill numerous. and In their scope comprise neary
every schedule in the present tariff law. The various
Industrial interests are c,amorng for an increase OF
duties The Senator'S from Washington and Oregon
will cndeavor to secure the restoration OF the NC
kinney wool duties, the sugar STOWeIs mhhc I"
strong fight for additional protection or the resto-
ration OF the bounty. and nearly every Industry
affected by the tariff will join in the demand for
revision on the line Of advance duties The prospect
therefore Is dlscouraging for the enactment OF
tariff revision law.
prominent Senator from one of the Middle
States has a scheme in contemplation. however,
that will bring to the front the whole SUB
ject OF the revision of the tariff along Republican
lines. The argument has been made that the Nc
Kinley rates too high. many RepuDicans
agreeing that this argument was sound, Inc IN,
amendment that may possibly be offered viii
strike out all after the enactng clause OF me
House bill and renact the Mckinley law entire.
with the exception of the sugar schedule but with
this modification, to wit That the rates levied
shall be % per cent of the duties named IN the
Mckinley act. Such amendment takes from me
free list to the dutable list everything transferred
By the Wilson bill changes all duties from az
valorem TO specific. and would have the erect OF
re-enacting the reciprocity section OF the old Jaw
The only schedule left untouched would be that re-
lating to sugar. , 49,, 49,.
This scheme meets the objection to the high rates
in some cases in the Mckinley act and would IT'S
author thinks, obviate the necessity TOT an eN-
tended debate There would be-. for this same
reason. need OF hearings. for the whole grouh9
has been gone over. The author or TINS proposed
amendment has been investigating the matter ana
finds that he will have considerable NUMBER or
Republicans with him from the start. He taxes the
position that as much is known now IA there was
in 1890 on the tariff question, and debate would De
unnecessary unless INDUCED In by those who seek
to flibuster. His proposition. he believes can De
passed through the Senate as speedily as cOuId
the bill that came from the House. At all events.
the Senate will be confronted with this amendment.