Willmar tribune. [volume] (Willmar, Minn.) 1895-1931, 1897-06-01


Of the reimposition of a duty-enough. ac-
cording to the trade reports, to supply all
the foreign wool needed by the domestic
manufacturers for more than year. The
estimate Of ST.. 0O0, 0G0 increase from wooden
goods is equally erroneous.
1.-The same condition exists, in lesser de-
gree perhaps, with reference to other
schedules. Instead OF an increased rev.
enue from tobacco, we may more safely
count upon a decrease in the first year;
the increase from sugar will be much less
than the ways and means committees esti-
mate, owing to the fact that one quarter Of
the years supplies of raw sugar will prob-
ably be imported before any new rates OF
duty can be applied to them.
1.-The secretary Of the treasury estimates
the expenditures for all purposes for the
fiscal year ending June &c., 1898, at $466, 946.-
V47.23. The finance committee estimates the
revenue TO be derived in the same fiscal
year from customs. If the provisions of
this bill should be enacted into law, at
$lS2, 744,000. This includes an estimated
revenue from the temporary duty on tea
of ss.OO0,000. The committee estimates the
receipts from internal revenue for the same
period at $170, ,OOO If we add to this
the treasury estimate for miscellaneous
receipts. $2O,O00.OO and the receipts on ac-
count of the post office, 500, 227,076, we have
total estimated receipts for the fiscal
year 1898 Of $469, GIL ,076, or an estimated ex-
cess of receipts over expenditures for that
year of $2,725,028. II the estimated revenue
from the duty on tea and the additional
from the committees estimates of receipts,
there would be an estimated deficiency of
81. $4,000. instead OF surplus of $2.725.02S.
Must Prevent Deficiency.
1.-THE committee believes 1t to be the
imperative duty Of congress to provide
in the measure under consideration for q
revenue which will certainly meet the re-
nfo NJ ho ont
next fiscal year. The adoption of a revenue
bill which should fail In this purpose. and
which should create an additional de-
ficiency in the immediate future, and which
would require further issue of bonds to
meet current expenditures. would certain
ly be fatal to the hopes of future success
Of any political party responsible for such
legislation.
assuming that the necessity for addi-
tional revenue exists, and of this we believe
there can be no question. there is no eco
nonic reason. and certainly none that at
fects tho public interests, why beer and
tobacco should not bear their share of ad-
dittonal taxation. The committee believes
that the duty proposed on tea will not
prove a serious burden upon the consum-
ers of that ARTICLE
The Hawaiian Treaty.
The senator then took up the Hawaiian
treaty and said: 1.-THE committee will also
prepare and present an amendment to the
house provisions in regard to the Hawaiian
treaty. The existing commercial treaty be-
tween the United States and the govern
ment Of these islands provides for the
free admission of raw sugars. the product
Of the islands, into the United States. II
this treaty should remain in force it would
result in giving a bounty to the Hawaiian
sugar producers amounting to more than
s, 1000, 600 per annum. 1t was not contem-
plated when the original treaty was made,
mr. Vyh nY THya ho M roth 1o