Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1897-05-12
DlNGLEY ON HIS BILL.
FIRST STATEMENT HE HAS con-
sENTED TO MAKE.
EFFECT OF SENATE AMENDMENTS.
Probable Additional Revenue Th"t
would BE Yielded the First Year
Tea, Sugar, and Internal heSe""e
Provisions.
Provisions.

WASHINGTON, May ll.-lhe
statement which Chairman Dingiey' VI
the Ways and Means Committee, whose
name is borne by the new tariff bill, mas
consented to make regarding the p'i'
since II was amended by the semitic
Finance Committee, was made by MN
to-day to the Associated Press. MI
Dingley was requested to give some state
ment as to the probable additional reVe-
me that would be yielded the first year
by the Senate tariff bill. as well as py
the House bill, and he spoke as ioiio"s'
1T must be borne in mind that these
is no Senate bill as yet. What Is pro-
perly spoken OF as the Senate bill Is the
House bill. reported to the Senate by tue
Finance Committee. with certain ahenu-
ments recommended. What the SENATE
bin will be when that body shall nave
made 1t no one can as yet say
while the amendments of the House
bin recommended by the Senate finance
Committee about 70O appear to De muir
tudinous. yet about 200 of them are MAIN
ly verbal. There are. howeye;, many
amendments which are irnpoelah'' h"'
only on account of revenue, but on o,hei
grounds | will not at this time speak Oh
these proposed amendments, except as
they affect revenue.
"The effect of these amendments as
whole-outside OF the amendment I'M
posing a duty on tea for two years anu
a half. and the amendment increasing lhe
internal-revenue tax on beer AZ cents pei
barrel for the same period, ana tne III
crease proposed on tobacco ana cisa-
rettes-is TO produce less revenue than
would be yielded by the House bill. FOR
example, the amendments returning to the
free list argols, certain acids and OILS
and paintings and statuary for private
use and reducing the duties on liquors,
tobacco. precious stones, etc, lose more
revenue than could be obtained by the
duty on tea. The amendment increasing
the duty on opium from 50 10 - per
pound would not increase the revenue III
the judgment of the administrators Oh
the law. who informed the Ways ana
Means Committee that Sc was the point
which would yield the largest revenue
The proposed duty on hides and few
other amendments would increase The
revenue somewhat.
SUGAR.
"Of course, the estimate OF an IN
creased revenue from sugar through an
abrogation of the treaty with Hawaii
has nothing 10 do with tariff legislation,
for this could be done as well by ac~
cepting the House sugar schedule as the
sugar schedule proposed The Ways and
Means Committee did not even consider
the question OF abrogating this treaty,
because they took it for granted That II
IL was considered desirable 10 aDroSate
this or any other treaty. 1t would be
dorSe I'm the STRAIGHTFORWARD manner pro-
vided by the treaty itself. The fact that
the Senate Finance Committee recon-
mends an adj valorem duty on sugar APP
parentIy a little higher than the specific
duty of the House bill does not insure
larger revenue. as past experience with
ad valorem duties has shown. In our
Judgment. the revenue from sugar UNI
der the House sugar schedule Setting
aside the question of abrogating the
Hawaiian treaty., would be larger than
under the Senate amendments
THE proposed temporary duty on tea
would increase the revenue, although not
so much the first year as estimated, be-
cause of the large stocks on h2no ana
the short stocks that would ve MAIN
tanned with the knowledge that tea
would soon go back to the free list;
and the proposed increase Oh ihteIHai
revenue taxes would also increase the
revenue, and to the extent estimated.
But the other proposed amendments
would, az a whole, diminish rather imam
increase the revenue.
Some criticism has been made on the
estimates of the Ways and Means Com
mittee as to the revenue that would be
produced by the bill as 1t passed the
House These criticisms overlooked the
fact that the Ways and Means Com
mittee's estimate of the revenue that
might be expected the first year was
based on the assumption that the bill
would become a law on or before May
LIST"