The Madison daily leader. [volume] (Madison, S.D.) 1890-current, 1897-06-28
WITHIN A WEEK
Republican Managers Expect to
Have the Tariff Bill in
Conference
By Wednesday Night, But the
Democrats Say 1t Will Be
Saturday.
Check Tax Abandoned and Duty
on Tea May Yet Be Nee
eSSary.

WASHINGTON, June 2S.-The Repub-
, hcan tariff managers are very hopeful to
be able to complete the consideration Of
the tariff bill in the senate by Wednes-
day night, result which would bring
the end in the senate within the present
month. They are led to this conclusion
because the Republicans have adjusted
most of their differences, and see their
way clear to the settlement Of others.
The Democratic leaders do not concede
the possibility of so early conclusion
They generally place it week farther
on, or about the 7th or Sth of July, but
admit that the end may come by Satur-
day. OF the problems still unsolved by
the Repu bllcans, lead ore, coal, iron
ore, gypsum, tallow and few chemi-
calls are giving the most trouble, but
there is no doubt of an adjustment on
all Of those which will hold the full
party vote. The disposition is to hold
| to the rates fixed on lead and iron ore
with the intention of making changes
in conference. The rate ON Canadian
coal will probably be advanced to 81
cents per long ton. Advocates Of low
rate on lead ore are apparently willing
to meet their opponents half way in
conference and accept rate Of IA cents.
Abandon the Bank Check Tax.
The finance committee has finally de.
| cided to abandon the proposed tax on
bank checks which at one time was so
favorably considered, and also ii cents
per barrel in the beer tax and the change
in the tobacco tax. Indeed it appears
more than probable that all the changes
in the internal revenue laws proposed
by the bill will be abandoned There is
some difference in the judiciary com.
mittee in agreeing on tee form of an
anti.truss aznendment, but aif indicar
tions point to the incorporation of the
Pettus proposition directed specifically
, at the sugar trust and a very little more.
1t is believed that the reciprocity
amendment will be ready for presenta-
ton by next Tuesday. The present in
dications are that it will make proviso
for negotiation OF reciprocity treaties,
but that there will be a
requirement that they shall be
submitted to the senate, differing in
this respect from the reciprocity pro-
vision of the Mckinley law. The ne
cessity for subscribing the revenues will
render it impossible that provision
should be made for the admission of
dutiable articles under reciprocal agree
ments, but that maximum percentage
for remission will be specified. The
rate Of remission now most favorably
considered is 20 per cent. There will
probably be objection to the retention
Of the house provision for the contin-
uance of the Hawaiian reciprocity agree
ment on sugar, but the finance commit
tee will favor such all arrangement, and
the probabilities are that the Republi.
cans will support it solidly, pending
action upon the annexation treaty. The
action of the committee in withdrawing
its objections to the sugar schedule,
would probably have the effect of leav-
ing the provision in force without fur
ther effort to that end, but there is no
probability that someone will not offer
an amendment that will open up the
entire question. The Democrats expect
to discuss hides, chemicals, lead ore.
coal and various other questions at con,
siderable length, and it is on this &C.
count that they put the date of the con.
clusiOn SO far beyond that fixed by the
Republicans.
| Duty on Tea May BE Necessary.
The question Of the duty on tea is
again receiving the attention of the
committee. This was practically aban.
doned at one time, but since it has been
found necessary to let the beer tax 60
and to forego the tax on checks, it is
thought the tea duty may be necessary
to bring the revenue up to the requisite
point. The inclinations of the
committee are still against the tax,
and if kept i'll it will only be
on account of the necessity for sc
doing. The committee is now having q
computation made that will determine
this matter. The expectation is tha,
the bill will now not be long i'll finish
ing. The expression Of senator's and
members upon the necessity of as early
agreement as possible and working in
this spirit will not split hairs. Senate,
Aldrich is expected to return in time tc
act with the senators in the conference
Changed the Duty on Hides.
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