The herald., 1897-03-14
the new D|NGLEY BILL
To Provide Revenue and Pro-
tect Industry
HALF OF THE REVENUE
To Be Drawn From the Pockets Of Sugar
Consumers
II Plans Don't Miscarry the Bill Will Become .
Law Before the Fourth
Of July

Associated Press Special Wire
CHICAGO, March 13.-The Times-Her-
aid publishes the complete scheuuie
of the new Dingley tariff law from It's
Washington correspondent, waiter
Wellman The new tariff bill is cqnced-
ed to be the most complete legislative
act submitted to the American congress
in quarter of a century.
Boldly meeting the situation, the Ike
publican members of the ways ana
means committee declare in the title
that their bill is an "act 10 provide rev.
erue for the government and to protect
the industries of the United States"
The new law, If enacted as given. is
expected by members of the committee
to produce an additional revenue OF
between 500, 900, 900 and $4,000, 900 year:
Estimates vary from the highest to the
lowest of these figures. The chief aodi-
tion to the revenue is expected from the
increase of the sugar duties. From this
source alone an additional revenue OF
about s27, ,00o, 600 is anticipated by Chair
man Dingley.
Wool is another source of new revenue
1t Is estimated that the restoration OF the
wool duties will provide an increase of
S14, 900, 900 in the receipts of the govern
ment The restoration of the Mckinley
rates on lumber and timber will add an
other pretty sum- The flax, jute and
hemp and sundries schedule will add
perhaps $4,000, 900 or So. 900, 600. Each of
the other schedules, with few excep-
tions, is expected to contribute its quota
to the increase of revenue. the total in
crease being so distributed as to fall
lightly upon any class of customers,
while the benefits to be derived from the
protective features of the law are also
distributed to all lines of business and
to all sections of the country.
1t is now expected that the bill will
be presented to the house by Chairman
Dingley on Tuesday and that by week
from Monday the house will have taken
up in earnest its consideration. BY the
middle of April Speaker Reed expeo1s to
send the bill to the senate..A The Repub-
lican leaders in the senate believe they
can pass the measure there before the
first of July. If they be not deceived
in this, President Mckinley will meet
with success in the great aim in the
early part of his admiration, which Is to
place a new tariff bill upon the statute
books by the end of the fiscal year or
July 1st.
SCARED IMPORTERS.
SAN FRANCISCO, March 13.-The
importers of the city fear that congress
will surely raise the tariff. In conse-
quence a rapid rush is being made to re.
move all goods now held in the bonded
warehouse.
Since the first of the month the i'm
porters of cigars. tobacco and woolens
have been removing their goods. Fig
ures in the possession of Auditor Cope
at the custom house shows that in all
since March /, about sS7,973.37 worth of
goods have been taken out of bond. Tits
anticipated, too, that by Monday the
limit already reached will be greatly
exceeded.
On March 1 goods valued at $2,646.46
were removed, while on the day follow
ing $17, ,590.21 were taken out. Daily the
removals have continued, yesterday
marking top notch, when S1s,622.71 was
recorded The total for the twelve
days taken from the warehouse direct
is $S1.s49.12. Taken from the 're-ware-
house" lots, as it is called, were goods
valued at S6124.25
The reason for this is that. though ar
ticles may remain in bond for three
years, the duty prevailing at the time OF
the removal is the rate to be paid.