The Abbeville press and banner. [volume] (Abbeville, S.C.) 1869-1924, 1896-11-18
A Measure That May Be Passed at the
Coming Session.

coinage of silver clause inserted in
lieu, together with paragraph re.
deeming and cancelIing all national
bank notes OF a denomination less than
$40. and providing for the redemption
of United States notes in silver dollars
and the reissue of the notes.
The Senate did not pass the bill.
The provisions of the Dingley bill
was explained in the following ex-
tract from the report to the House
which accompanied the bill:
"Your committee have not under
taken a general revision of the tariff
on protection lines, as a majority hope
can be done in 1S97-98, not only be-
cause they know that such tariff legis-
lation would stand no chance of be.
coming a law, but also because general
tariff revision would require many
months; and the need is more revenue
at once. We believe, however, that
this need of more revenue is so great
that simple measure increasing all
duties of the dutiable list, and taking
from the free list of the present tariff a
few articles that were always on the
dutiable list until AugustN, 1894, and
which have always been important
revenue producers, and limiting the
operation of such legislation to about
two years and a half-until the pres
ent deficiency of revenue is overcome
ought to receive the approval even
of those who do not favor protective
duties on patriotic grounds; and that
the fact that it may incidentally en-
courage the production of many arti.
cles that we require at home instead of
abroad will not be regarded as a
ground of opposition under present
circumstances.
"In framing the bill submitted for
your consideration it has been neces-
sary, if action was to be taken prompt
ly, to resort to q considerable extent to
q horizontal raise of duties, for the
reason that it would have required
months to deal with each article sep
arately. Horizontal dealing with tar.
ifs cannot be justified in ordinary
times, but in such an exigency as ex-
lists now-so serious that the President
felt it his duty to send us s. special
message of extreme urgency-and es.
pecially for limited time, it is net
only defensible, but is the only alter
native.
"But while we have presented in
the bill reported horizontal increase
of Is per cent. of existing duties on all
the schedules but two, which is an ad-
dition of less than 8 per cent. to the
average ad valorem rate, giving about
SIS, 900, 900 revenue from that source,
yet more than 1875, 900, 900 of the $40,.
0OO,O 900 which it is estimated this bill
would add to our annual revenue will
come mainly from wool, which is tax.
en- from the free list and given a mod
crate duty, and from manufacturers
of wool, which are given compensa-
tory duty equivalent to the duty on
wool, which IS always necessary when
a duty is placed on wool, in order to
give the wool grower the benefit and
make it possible to manufacture wool
ems at home.
"The bill reported by your commit
tee proposes to make the duty on i'm.
ported clothing wool 60 per cent. of
the duty imposed by the Act of 1890,
which would give an equivalent of six
and six. tenths of cent per pound on
unwashed wool, or about 40 per cent.
ad valorem. This reduction from the
duty of the Act of 1890 has been made
becs use the restoration of the full duty
in that Act might seem to be too great
a change from the present law to those
whose cooperation it is necessary to
secure in order to have any legislation,
and not as measure of what might
be done when all branches of the
government are in harmony with the
majority of the House on protection
lines. The duty on manufactures Of
wool is increased by a specific duty
equivalent to the duty on wool.
1.-The duty on carpet woods is left at
| the 80 per cent. ad valorem, where it
was placed in 1890. This is purely
revenue duty, as we raise very few
carpet woods.
''Such lumber as was placed on the
free list by the Act of 1890, without the
slightest justification, is restored to
the dutiable list, but, with duty OF on.
ly 60 per cent, of the duties provided
by the Act of 1S9O-giving an equiva-
lent of only about Is per cent. Such
a reduction from the low rates of 1890
is justified only on the ground that
the object of your committee has been
to frame bill mainly on revenue
grounds, in the hope that it would Sc.
cure the approval of those in official
places whose cooperation is essential
to legislation, and who may be sup.
posed to feel that in such an exigency
as now exists the public necessity
must control.
Believing that such an increase OF
revenue as is now proposed is essential
as first step in the restoration OF con-
fidence and the restoration of the
Treasury toa sound condition, and that
other legislation to be proposed to this
end cannot be effective without ad-
equate revenue to meet the expendi-
lures of the government, your com.
mittee recommend the passage OF the
accompanying bill, to temporarily in.
crease revenue to meet the expenses OF
government and to provide against a
deficiency"
| They Invite Mrs. Bryan.
DENVER, Co.., Nov. 12.-Denver
women representing various social