The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1895-12-25

Washington City. Dec. 24--The Repuo-
ljcan members cf the ways and means
committee held another Conference this
afternoon and decided upon several
changes in the two revenue bills which
wuI be introduced IN the house Thursday.
The most important change TN the tariff
bill was 20 drop the clause putting in cereal
bresdssufs. live stIck and dairy prodNets
at an advaHc@ of : Per cent over the VIII
sou-Gorrnan rates.. 80 these features VIII
simply have the ~ por cent advaflcE under
the horizontal clause. IL was also d.ctded
to advance carpet Nools to the Mckinley
rates Erlt other Wools and manufactured
products ~ Wool viii remain al % per cent.
n the Mckinley tartff. according - the
agreement Of steTyiay. The other change
was TO exempt s9sar from the provisions
cg the clause fcs the horizontal advance OF
Is per cent Lumber ~1Il remain az was
decided yesterday. al % per cent or the
Mckinley duty.
In The bond hill the principal alteratf9l
authorized viii be a change OF the rate or
interest authorized by the act of 1915 from
I aer cent. and these bonds VIII be pay
abIo at the option Of the government after
three wears The rate Of interest Tor tho
t3nt.-1e ear treasury c0StibeAtes Of indebted
ness was raised from 90 per cent. THIS
bill Will also provide for the temporary
isolation Of the ErcenbacNs. 50 that they
VIII he held separate III the treasury and
not included Within the general assets or
the government.
Several important considerations opera1ed
70 bring about the changes in tho tarin
bill There had beer little doubt from the
beginning that sugar would be exempt from
whatever tarif changes were made, be-
cause arv attempts 20 alter tho schedu4s
yyoT1ld give rise to cemplka tions. The de-
cisinn to drop farm products ana cafus
from the list OF duties TO De advanced
viii cause mlch disappointment among
hrff 90 fTntfhta
arose over the settlement OF these tisns
that II was thought hest 90 drop their con-
Sideration An effort was made 10 nave
iron and sSeal and their products given an
advance but it met the opposition or the
Western men and was abandoned. It's ah<ln-
donrnent also having something 10 do with
dropping tho live stock and cereal advances
contemplated. The iran and steel interests
argued that they should be equally ia
vored with the farmers.
Members Of the committee state emphat-
ioally that these bills are not intended in
any way to represent Republican policies
on ths. tariff or finance: that they are mere
~ TEMPORARY expediesnts 20 meet an .qner-
gency. the Republicans holding that ths
emergency ia caused by an insIficienCY
IN reveaue. Chairman Dingley was in con-
ferencs today with sessetary Carlisle over
Tomorrow both bills will be adopted by
The committee al a meeting which the
Democratic members VIII attefSi. IheN
viii he reported 10 the house Thursday.
with a rule giving that day Cor debate
on the tartfr h.ll, with n vote at the close
and Friday for debate on the bond bill.
thus bringing that 10 "a vote Friday night
The Popul.st senator's conferred today
/ and decided 20 offer a free coinage bill
+ as an amendment TO the tariff or bond
! bnl or both. when they come over from
/ the house Tue popuEsts are favorable
I 10 a duty on wool. but against raise
i in the duties on woolen goods
plan has heeu drafted hy ex-Speaker
! Crisp and Mr. Bailey. u Texas. which
viii be offered as n substitute FOR tho
Eeralhican measures 10 be presented
Thursday IL IS based on the old bill
for the coinage OF the silver setgniorsge.
! ,vbsrn vas passed ny the last congress
/ and vetoed by the presId hut 10 this
bsu modified will be odded feature for
: The redemption nf grcenhacks. The prin-
; cipal change in the seigniOrage biI VIII
I he tho omission Of that part which rend-
/ erred available tue se.gnioraEe before II
I had been coined hy the use OF silver Ger
tlicates based upon 4. The trainers OF
the bin hold that this feature ia not pec-
( eFsarv because there 10 no Immediate
deficiency IN the treasury The other
! feature 81 the plan WIZ provide for the
( redefnuflon uf gr~enhacks in silver when
( ever the amount Of gold in the treasury
i falls hel0ty 100000 OU This may be Of
fered as an amendment 10 the se'gnfofass
+ hin a. more votes can be mustered for
/ he former than the latter proposition.
/ The Democrats who favor the plan in
/ tend of course. merely to place them
selves on record as consistent IN their