The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1897-07-20

ity Of preventing these profits. IF.
Dingley after a calculation, affirmed
that the refner Of sugar under the pre-
sent Wilson law had difierential OF
22Is cents per hundred pounds, as
against i2h cents In the pending bin as
agreed 10 by the conferees,
As 10 the question OF revenue 10 be
raised by the bill, Mr.. Dingley pointed
out the ditiicuIty resulting from the
large antlcipatory importatlons. The
bill next year, he calculated, would
raise s225,0OO.0OO. Hb,o0O.0O0 more than
the present law. over S400O00o0 had
been lost In this years revenues by the
importationa Of wool and sugar and
other thingB the duty on which was
raised In the bill, so that he calculated
that the bill this year would raise $685.
100000. Mr.. Dinglsy declared that there
was no doubt that the revenue produced
by the bill would not only be ample to
meet tho expenditures OF the aovern-
ment, but allow Republican adminis-
tratlon TO begin again to pay on the
principal OF the public debt, which had
been increased by the late adminlstrR-
ton. In conclusion, Mr.. Dingley receiy-
ed round after round OF applause from
his Republican colleagues by predicting
as result OF the enactment OF this bill
n rise Of prices and restoration OF
prosperity.
Democratic Opposition.
Mr.. Wheeler (Dem., Aia,), opened the
debate for the Democrats. crltlclsins
the bill as the most vicious and bur-
densome ever imposed on the American
people. In particular he discussed the
serious effect of the measure on the la
boring and agricultural classes, Mr..
Wheeler referred 20 the advance on su-
gar stock In New York market and
said this was the clearest evidence OF
the benefits conferred on the sugar
trust.
Mr.. Swanson, (Dem.. va.), n member
OF the ways and means committee. to
whom Mr.. Wheeler yielded portion of
his time, devoted his attention toS as
sailing the sugar schedule agreed upon
by the conferees.
He asserted that the proposed sched-
ule gave sugar double the protection
received under the present law. II had
been loudly proclaimed, Mr.. Swanson
said, that the house conferees had won
u brilliant victory over the senate on
sugar and he had seen in the morning
papers pictures OF the speaker OF the
house with the sugar trust crushed and
bleeding under his feet. He then COM
pared the two schedules to show that
the duty on refined sugar In the senate
schedule and the new schedule were ex-
~. Aa al ha
the trust would receive differential
on refined sugar. on ninety-two degrees
(the average OF sugars importedD of
four cents per hundred pounds more
than the house schedule. I'VE might
be mistaken here" continued Mr..
Swanson. I'VE might not be able to
figure out the complicated schedule, but
there are those who make no mistake.
They are the holders OF the trusts
stock"
Mr. Swanson and Mr.. Northway, Rep.
Ohio, then had a brief controversy ov-
er the sudden boom In the price OF su-
gar stocks in which the latter contend
ed that sugar stock had gone up in
sympathy with the whole market.
One Of the greatest demonstrations OF
the debate occurred when Mr.. Lanham.
(Dem., Texas). who followed, paid n
tribute 20 William ]. Bryan. The DEM
ocrats oheered for several minutes and
many OF the spectators Joined in the
demonstration. Mr.. Ball, Dem. Texas)
who secured o few minutes time. de-
clared that Il was not iin-Democratlc
to advocate the raising Of revenue by
duties on wool. sugar, lumber. etc, but
he denounced Democrats who sought
protection for the industries OF thelf
sectlonB.