The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1897-07-12

Washington. July 1.-THE conferees
of the tariff bill held a four hours
session today. The anxiety to reach
/ a complete agreement as early as pos
sible induced them to meet on the
Sabbath, and tonight the house and
/ senate conferees appear satisfied with
the progress that has been made.
! Several hundred of the minor amend
ments have been agreed upon. many
Of them mere changes of phraseology.
and in large majority of them the
mousse conferees naturally have yielded.
None OF the real important problems
IN the Din however. have as yet been
solved All Of them have received
more or less consideration and there
] mas been free exchange of opinions.
The temper and disposition of the SEN
ATE ana house conferees on these i'm
portam matters have in this way been
ascertained. In several cases the con-
1erees are very close 10 an agree
ment.
SPIRIT OF CANCELLATION.
Both sides show commendabIe
spirit of Cancellation. and while in each
instance each side seems TO be hold
ing out strongly for its contention as
TO rates. there has not vet appeared
on the horizon anything which oor-
tends such difficulty as would NOT in
time he surmOunted. There is the best
OF reasons for believing that several of
the main points Of contention will be
compromised. This is especially TO be
believed of lumber, hides and wool and
possibly sugar, though on the latter
the mouse cOnfereeS are standing par
ticularly firm for their schedule. on
the subject of reciprocity the drift of
opinion seems 10 be in the direction of
the senate substitute, but with certain
or the house provisions, that is, the
list of articles which can be used as
a basis for reciprocity treaties, viii be
oroadened, but that the senate pro-
vision requiring the ratification of the
treaties VIII be discarded. Several of
the eminent lawyers in both branches
OF congress question the constitution
atty of the power conferred upon the
president by the senate reciprocity
provision. The stamp tax on bonds
and stocks provided for in one of the /
senate amendments has not yet been /
affected. The revenue furnished by il
furnishes a strong argument for its I
in view of the heavy an /
ticipatOry impOrtations and there is /
talk of widening its scope so as not /
only TO include a tax on actual trans (
fers, but on all recorded sales.
NECESSITY OF REVENUE.
The necessity of revenue also fur
nishes a strong argument for the
restoration of the house rates on i'm
ported tobacco. 1t is impossible to es-
innate yet when final agreement
will be reached. and although various
1ates are given TO the length of time
he bill will remain in conference,
'anging from Tuesday to a week f.sm
tomorrow. one of the most influential
If the conferees said tonight that all
arrangements were pure guess work
he said decisions on the matters of
great Importance in the bill were so
that ultimate decision
m one might involve a complete agree
nent on others and that the final
Igreement might become at any time
Lfter the rest of the matters of sec
ndary Importance were out of the
way.
When the report is completed it will
t once go TO the house, where it is
lot likely that more than one day will
'e allowed for debate. The anxiety I
o get the bill on the statute books {
nd the great loss of revenue involved
n each q hours delay. it is argued ]
1stifies the Republican managers in
eclining to give more than a single !
ay for discussion. {