The Goodland republic. [volume] (Goodland, Kan.) 1891-1907, 1895-12-27
70 increase REVENUE RATES
The Committee Hard at Work on the
New Tariff Bills.
Important Changes to Be Made by the Ways
and Means Committee.
The Bills Not Intended to Represent Re.
publican Policies on the Tariff o.
Finanee-Ex-SpeakeF Crisp TO
Offer a Substitute.

WASHINGTON, Dec, 25-The repub-
hcan members Of the ways and means
committee held another conference
and decided upon several changes in
the two revenue bills which will be
introduced in the house at once. The
most important change in the tariff
bill was to drop the clause putting in
cereal breadstuffs, live stock aud dairy
products at an advance of IS per cent.
over the Wilson-GoTman rates, so that
these features will simply have the Is
per cent advance under the horizontal
clause.
1t was also decided to advance car
pet woods to the Mckinley bill rates,
but other woods and manufactured
products of wool viii remain at 80 per
cent. of the Mckinley tariff, according
to the agreement of yesterday. The
other change was to exempt sugar from
the horizontal advance of 10 per cent
of the Mckinley duty.
In the bond bill the principal issue
authorized will be a change of the rate
of interest authorized by the act Of rs
from four per cent to three per cent
and these bonds will be payable at the
option of the government after three
years. The rate Of interest for the one
year treasury certificates of indebted
ness was raised from two per cent to
three per cent. This bill will also pro-
vide for the temporary isolation of
the green backs so that they will be
held separate in the treasury and not
included within the general assets of
the government
Several important considerations OPP
Grated to bring about the changes in
the tariff bill There has been little
doubt from the beginning that sugar
would be exempted from whatever tar
iff changes were made, because any at
tempt to alter the schedule would give
rise to complications. The decision to
drop farm products and cattle from the
list of duties to be advanced will cause
disappointment among the western
men, but so much trouble arose over the
settlement of these items that it was
thought best to drop their considera-
ton. An effort was made to have iron
and steel and their products given an
advance, but it met with opposition
from the western men and was aban-
doned, its abandonment also having
something to do with dropping the live
stock and cereal advances contem-
plated. The iron and steel interests
argued that they should be equally
favored with the farmers.
Members of the committee state en-
phatically that these bills are not in
tended in any way to represent repub-
lican policies on the tariff or finance;
they are merely temporary expedients
to meet an emergency, the republicans
holding the emergency is caused by an
insuficiency of revenues Chairman
Dingley had a conference yesterday
with Secretary Carlisle over the bills.
Both bills will be adopted by the
ways and means committee at a meet
ing which the democratic members will
attend. They will be reported to the
house Thursday with a rule giving
that day for debate on the tariff bill
with vote at the close and Friday for
debate on the bond bill, bringing that
to a vote Friday night.
a plan has been drafted by ex-Speak-
er Crisp and Mr.. Bailey, of Texas,
which viii be offered as substitute
for the republican measures It is
based on the old bill for coinage of
silver seignioraQe, which was passed by
the last congress and vetoed by the
president, but to this bill modified will
be added feature for the redemption OF
| green backs. The principal feature in the
seignjorage bill will be the omission
of that part which rendered available
the seigniorage before it had been
coined by the use of silver certificates
based upon it. The trainers Of the bill
hold that this feature is not necessary,
because there is no immediate de
6cieBey with the present amount oil
silver in the treasury. The other fea,
ture of the plan will provide for the
redemption of the greenbaeks in silver
Whenever the amount of gold in the
treasury falls below 500, 600. O00 Thi,
may be offered as an amendment to the
seigniOrage bill, as more votes can be
mustered for the former than for the
latter proposition. The democrats who
favor the plan intended, of course
merely to place themselves on record
| as consistent In fhnir Rrnanntnl r,nIinrr