The sun. [volume] (New York [N.Y.]) 1833-1916, 1897-07-19
THE TARIFF AGREEMENT.
CONFERENCE COMMITTEES REPORT
SENT To THE PRINTERS.

baapo1ea o. Bf1ofe AolooFument-Ino suHoE
Schedule Agreed Upou u en- Entirely view
Oue-The TAX On wall street Dropped
wAsBNeToS. July 1s.-Notice has been served
on the Democratic members OF the Tariff bill
conference committee that the report, rs COM
pleted and signed BY the Republican conferees
to-day. will DO submitted to them for their APP
prevail tomorrow at o:3o A. N. The conference
agreement will b presented TO the House
promptly after IL meets at noon, and . special
order will b adopted for it's consideration
The wheels have besn creased for prompt &C
ton in the House before the session ends to-
presented to the Senate on Tuesday in order
that IL may 30 passed upon BY that body a.
promptly rs possible. Speaker Reed Is cont
dent that this programme can be carried out.
Chairman Dingley of the House Ways and
Means COMMITTEES aud Senator Allison, acting
Chairman Of the Senate Committee on Confer
enoe. have been ut work all day long at the Cap
itol. assisted by Messrs. Cleaves and Courts.
clerks Of the Senate and House Committees on
Appropriations, respectively; Clerk Lord Of the
House Ways and Means Committee; 8.
n. d. North Of Boston. who has acted
as clerk OF the sub-Committe on Finance
since the consideration OF the Tariff bill
was begun, and three typewriters and
stenographers. They had . herculean task be-
fore them. and at irst thought that they could
not conclude It tonight. They did 90, however.
and the conference report and tho manuscript
of the bill as It will appear when the proposed
changes are made were sent to the printers early
in the evening and approved By the full meeting
Of the conferences at q late hour tonight.
The Senate conferees have no hesitation In
saying that the bill, rs II comes from the Con-
ference Committee. win fall short temporarily
Of producing the necessary amount OF revenue
by SIS. COO. 900 or 60. 900. 1000. When the House
bill was reported to the Senate, Mr.. Aldrtch.
speaking for the Senate Finance Committee,
said that il would not at once produce revenue
enough. and he Is Of the same opinion still.
Chairman Dfngley does not publicly mako this
admission. but IL il we'll known that during the
sessions Of the Conference Committee no agreed
with the opinions Of the Senate confcrees that it
will be necessary for the Appropriations Commit
tees Of the two Houses to cut down the expendi-
lures very materially in order to make up the
deficiency Of the new Tariff bill for . year or
two.
At least two-thirds of the amendments placed
on the bill in the senate were adhered to by the
conference, but many OF them were verbal and
unimportant In their character. Some Of the
most important changes made by the Senate,
however. will be found in the new bill, and near
ly all OF them are designed for the purpose of
increasing the amount Of revenue to be derived
from It
Notwithstanding the persistent and wide
spread statement that the House sugar schedule
was adopted by the conference, this Is not the
fact. The schedule agreed upon n n new one,
and IL Is entirely different from any sugar
schedule ever before included In . tariff bill
It - . scientifically constructed schedule. and
one Of the much-maligned. so-called sugar Sena-
tors said tonight that when 1t 10 read and under.
stood By the public IL viii be accepted as O fair
honest. and sensible piece OF work. 1t is admit.
ted by the Senate and House conferees that the
new schedule will provide two or three million
dollars OF revenue more than under the schedule
as it was presented to the conference. II reads
as follows:
Sugars not above number sixteen Dutch
standard in color. tank bottoms. syrups OF
cane juice. melada. concentrated meladA. con-
crete and concentrated molasses, testing
by the polariscope not above seventy
ave degrees. ninety-ave one-hundredths oil
one cent per pound, and for every
additional degree shown by the polariscopic test
thirty-nve one-thousandths OF one cent pei
pound additional. and fractions Of q degree In
proportion; and on sugar above No. IS Dutch
standard in color. and on all sugar which haI
gone through . process Of refining. one cent ant
ninety-nve one-hunrdedths OF one cent pei
pound; molasses testing above forty-hve de
grees and not above fifty ak degrees
three cent? per gallon; testing fifty
six degrees and above. six cents pei
gallon: sugar drawings and sugar sWeepingl
shall be subject to duty as molasses or sugar
as the case may be. according to polariscopi'
senator Lodges pet scheme for q tax on stock
and bonds. which was adopted by the senat'
DROPPED Sy the eontsrf T. "a e1 I'm. IN III
. NptanH ~ Hanrf Vt Ia nnf Thnn~ht that 81.
revenue sought to be derived from it will b
seriously missed, and 1t is the general opinioi
be a very difficult p~rovision to carry, out. An!
los. that might possibly be s9s.Stnsd By the de
made up By the aetion Of the conferees in tn
ressoration Of arEols to the dTtiahle list
co me seEs i1 Hsst t.s% IN t ans ot an 70 s Ss asr es1. 70 II
very prolonged and heated controversy, was III,
Senate amendment relating to reciprocity; Tn
and House propositions. there being a rSdicS
5 change in the list OF articles that are to form
: the the G gSits 3 States tesi snS Other ert eoantriss. between
senator Aldrieh was the only member OF tn
4 sitiOn to keep works Of art on the fe
asS. In, In the I'll nsT lay painting; ffsasu
for libraries (which re%ain fr.e s1 are restoPe;
70 the dutiable list. together with cotton ties
: SafI q o %afa.hF 4 S Cent c ssS on si sSs ' oiS. = s sPtsieiItl
, there has been q light decrease Of the SenAt
rates.
y ~ "ODA "a - u ", uNlu IL
A q duty OF IL cents q pound on hrst-clAss, l
= cents on second-elass, and on third class wool
o 4 cents o pound on that below ~ cents pc
pound In value and 8 cents above that OF !
a cents in value.
u The duty on hides has been hred at l6 pc
cent. ad valorem, instead of 40 per cent. as IKE
by the Senate bill. Tho House made a stron
. nsht TO have hides restored to the fire.
: list This paragraph may. provoke some d,
y bate in the Senate. and. indeed. the Democra,
declare that there are many provisions TO whic
they will not agree. Some time ago the Dem,
. Gratis served notice on their Republican co
n leagues that II the articles placed on the fra
list by a combination Of Democratic, Populis
and Republican votes should he restored TO ID
dutiable list, they would debate the bill for
month, IL necessary. IN order to have their We!
Republican leaders are not at all fearful tia
u they will carry their point. They expect
bring the bill TO o vote after three or four daJ
OF debate.
5000. 900 Pounds or Canadian Wool Cos
to UL
OTTAWA, July ls.-owing to the tariff lesi
lAtlon in the United States the wool trade of Il
Dominion has had a phenomenal stimuli
More than 3, 900, 600 pounds have been shInn.