Rock Island Argus. (Rock Island, Ill.) 1893-1920, 1897-07-02

WcStetu SeadlorS, OUT t0ey were Iep2e0
to with spirit. 1t was asserted AIMING
other things that the presentation d a
new antitrust provision would lead to
long debate. which could not be Afford
ed at the present time. The success Of
the proposition to recede from the In
creased tax on beer and the temporary
duty on tea led to quite q prolonged dis
cussion Of the amount Of revenue the
bill would yield. Many senator's ex-
pressed the opinion that the volume
would not be equal to the demands Of
the government. 1t was in response to
this view that the determination was
reached to provide for q tax on stock
and bond transactions The details Of
this scheme were not agreed upon, but
were left to the finance committee to
perfect. There was decided opposition
to q tax ON either ordinary bank checks
or mortgages.
1t appeared during the discussion Of
this branch Of the subject that the COM
mittee had been supplied with estimates
Of the revenue the bill would produce
made by Worthington C. Ford, who had
given the opinion that with an equal
volume Of imports the bill would produce
during the first year Of its operation
more than $100, 000, 900 in excess of the
returns under the Wilson law for the
first year 1t was in existence. Allison
said, however. that these figures were
misleading. as the imports could not be
expected to be SO large. and advised
his fellow senators ON this account not
to accept them as any indication Of the
possibilities Of the bill.
WHEN IT GOES BACK TO THE HOUSE
Tariff Bill VIII Probably BE . Week in
Conference Committee.
Washington, July 2.-When the tariff
bin reaches the house after 1t has passed
the senate Il is not probable that there
will be any attempt to oppose the mo-
ton which will be made, either directly
by Chairman Dingley or by the opera
ton OF a special order, to disagree to the
senate amendments and send the bill to
conference. The Republican leaders do
not think there Is any necessity for de-
bate until the bill is reported back by
the conferrees. and the Democrats are
inclined to the same opinion. Bailey,
the leader OF the minority, said yesterday
that he would not oppose a motion to
get the bill into conference. provided the
Republicans would agree to a reason
able time for debate when the bill was
reported back to the house. He thought
three or fours days for discussion at
that time would be sufficient The num-
Der of conferrees to be appointed On be-
half Of the house has not yet been de-
cided. nor the political division.
But the conferrees, as Is usual, will
be ranking members Of the committee
from each side. 1t is probable that there
will be seven conferrees. The political
division may be five and two or four
and three. The Republican members of
the committee in their ranking order are
Dingley, Payne, Dalzell, Hopkins,
Grosvenor. Russell. Dolliver. Steele,
johnson. Evans and Tanney, ard the
Democrats. Bailey. McMillin, Wheeler,
Robertson and Swanson. The estimate
OF the time the bill will be in conference
ranges from two to ten days, but the
best opinion is that the conferrees will
report the bill back a week from next
Monday. il 1t comes over from the SEN
ate on the latter day.
GREAT THING tn T1E EOREVGNEvS