The record-union. [volume] (Sacramento, Calif.) 1891-1903, 1897-03-12
NEW TARIFF BILL.
Considerable Progress Made on the
Wool Schedule.

! L.
| publican members of the Ways and
Means Committee devoted to-day to the
consideration of the wool schedule of
| the tariff, and although considera Bile
| progress was made, one or two days
will be required to finish it. Foremost
| in Importance of the work done to-day
was the practical readoption of the
Mckinley rates on wool. Raw woods of
class l, which include merino down
clothing woods and other soft qualities.
are made dutiable at II cents a pound.
| Wool of class ., which includes Leices-
| ter, CotSwold and Lincolnshire, at -
| cents pound, and the washed woods
of these classes at % and "a cents,
| and secured at 33 and SO cents a
pound.
The Mckinley rate of 80 per cent, ad
valorem on woods of the third class of
carpet woods is retained.
| The classification of woods was some
| what changed by raising a few varie-
| ties formely classed as carpet woods
| to the clothing wool classes Among
| them are China lambs wool, Egyptian
| and Morocco
| The American Wool Growers Asso-
| citation has asked for a 12-cent duty on
woods of class /, but the committee has
not approved their requests.
| The tariff situation is giving the Re-
| publlcans some concern. They feel sure
| that their bill can pass, but it is not
| believed that the debate is going to be
extended in the Senate It is known
the intention of the Democrats is TO
talk on every subject in the bill. After
no n 1,,le % L.
| it is believed there will be great in
crease in imports.
| After the new bill goes into effect
there Will be suspension of imports
for several months and a consequent
| falling off in receipts, and the bill
which was designed to increase the
| revenues, they say, as a matter of fact
will show a decrease. This view is ia
| Ken by quite q number of members
| who say that it is their policy to have
| the bill passed, but not until after it
has been thoroughly discussed. With
out an active majority in the Senate
the Republicans will not be able to
hurry the measure along The Repub-
iican silverites have indicated that they
VIII not prevent tariff bill from pass
ing, but are not opposed to the policy of
| delay
The Republican Senators now feel
that the new bill will have to be
amended materially by the Committee
on FINANCE in the Senate. 1t is known
| mat the schedules have been submit
tea TO the members of the Finance
committee, one being the chemical
schedule Without making a close ex-
animation, it is understood that Sena-
tors think that the rates are in some
cases higher than the law of 1890.
AS soon as the new bill is presented
the Republican members of the
Finance Committee will begin consid-
Grafton OF it, even before it passed the
house, IN order to have it brought be-
lore the Senate at an early day. There
was some talk at one time that the Re-
publican members of the Finance Com
| mittee would be consulted by the WAYS
and Means Committee while the lat
ter was at work on the tariff. in order
that measure might be framed which
would require as little amendment by
the Senate as possible This has not
been done, nor was it expected by the
| Senators At present the only def
mite part of the programme of the Re-
publican Senators is to bring the tariff
bill before the Senate as soon as posi-
BILE and press it with all possible speed.