Lewiston teller. [volume] (Lewiston, North Idaho) 1878-1900, 1897-07-09
|flNP TAX IS ADOPTED
Fs.rE LITTLE OPPOSITION.
nenOunces Trusts
,atOr I'D the sugar Conn
in 'e" nine in Particular.


s"n Question and without the for
',v Of vote, while senate! !@ ; spoo'e,
'n simeut proposing tar'h 'nves''sa,
rend'ie"' drawn after IA prOtracted
rugge' a,dnent as agreed to.
=, ,hp following rates on bonds e'e.:
Fe' 'ne , certificates of indebtedness
lt1ea at,er september Is, 1897, by any
Fuea . a' company or corporation on
" s1oO OF face value or fraction there
Gu S' sn,s and on each original ISSUE
an organization or reorganlza-
he'nt ~ oort;ticates of stock by any such
.;.t;ou. company or eorPoration' Oh
II sloo of face value or fraction there.
=. sarts and all transfers OF shares OF
',sao,es Of stock in any ASSOCIATION,
l n,ry or corporation, on each 500 OF
:. value or fraction thereof D eeh's
,,n,;ons from the stamp taxes are
n the case Of state. county and MI
Nv, honds and the stocks ana bonds OF
f,,;ve binding associations.
IN the day several other amend
ants from individual senators were vot-
an One bv Mantle, reducing the in
s.I re,enue tax on distilled spirits to
esnts per gallon, was defeated-23 to
An amendment by Mills, proposing
tax Of per cent on manufactured pro-
,s,. the proceeds to go toward reducing
handed debt. was rejected-l9 to 80.
'so an amendment by Mills granting 20
cent reduction in duties to those coun-
ps admitting gold and silver to the
MIS- at the ratio of l6 to |; yeas 26,
sys 81.
otad with the democrats, populists and
liver republicans in the affirmative, and
ro democrats-Catfery and Gray-voted
it'll the republicans in the negative.
Mills moved to amend paragraph 800
by striking out books of all kinds"
is purpose being to place books on the
ee list: rejected. IS to %. An effort by
fills to have the Bible admitted free was
eieated.
4 new paragraph was inserted in the
zee list:
"Wafers for sacramental use, or for COW
ring or holding pharmaceutical prepara-
ons.
A LEGAL discussion ensued as to the le-
hlity of the provision that unstamped
cnds, etc. shall be utterly void and
nail not be used as evidence
The stamp amendment as whole was
nay agreed to in viva vOce vote, no
bill for an aye and nay vote being made.
he mo" response was light and came
rom the democratic side of the chamber.
Allison proposed an amendment here
pfore offered by Spooner for tariff in
uiry by three members of the board OF
ppraisers.
Teller took occasion in this connection
criticise the committee for first trans
brming the house bill and then goin.
ack in substance to the house rates. He
ad tried to learn what amount of rev
nue. the bill would yield and he said he
Iould be glad to have the chairman, Al
son, throw some light on that subject
his brought Allison to his feet for the
rst definite statement as to the revenue
Expected to be derived. He said it was
pot possible for any expert to make extra
calculations on the amount of revenue {;
arif bill would yield. 1t had never bee,
ono and pavor uo,,h ho Anno
Senator AllisOn's Estimate.
But from the best information avail
(ble,' proceeded Allison, 81 believe this
Pill will yield $4,000, 900 to $3.50, 600 ,0ot
|he first year, that is, from July l, 1897
70 July l, 1885,
he said the schedules had been gon'
yer at every stage as successive change
ere made and he felt that this estimate
|ouId be safely made. 1t applied only t.
NE first year, after which there would b.
much larger yield of revenue.
How about the second Year, queriet
White.
1T depends. but l will say somethin;
pver 500. 100000"
How much over the present law TASK
ID Stewart.
About S6O,OOO,OOO," replied Allison
nut it will depend upon the condition Q
Pun industries. 1t is not possible t.
make more than general estimate"
Vest remarked that the average ad va
prem rate of the bill would be muc
,eher than that of the existing law-th
ichlnley ad valorem being 40 per cen
'ne existing law 80 per cent, while tn
stlmate on the house bill was 81 pc
rent.
Allison said the average ad valorem {
me bill in its final form would be in tn
neighborhood of 50 per cent.
Keller Criticized the Figures.
ielier again got the floor at this poin
ne rdIculed Dingley's estimate and r.
e'red to the admission that means mus
found outside of the bill as it can
o'n the house to supply the deficit. Il
POKE OF the various propositions the
nance committee had advanced an
oandoned. The beer tax, he said. woul
'' nave cost the consumer a single mil
would have been borne sby the be,
who had been prospero,
throughout the years of industrial sta
'"h' But, continued Teller,
ea' election was pending in one of Il
"'es where large portion of the votir
equation did not believe in tax {
Il, 4 -