The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1897-07-06
WANTS TO S|T|T OUT
Mr.. Allison to Press the Bill
to a Vote.
MATTER OF ENDURANCE
TELLER MAKES OPEN CHARGE
AGAINST SUGAR TRUST.
CONTROL WOOD ALCOHOL SCHEDULE

CONTROL WOOD ALCOHOL SCHEDULE
Allison Says the Bill Will Produce About
$4,000, 900 Of Revenue the First
| Year and 5000, 900, 900 Second
| Year Which is Questioned.
Washington, D. c., July 5.-Senator
| Allison, in charge of the tariff bill, an
| nounced shortly before adjournment, of
| the Senate to-day that as no agreement
had been reached for a final vote on
| the tariff bill he would ask the Senate
| to remain in session tomorrow night at
| least until the bill was reported from
| the committee of the whole to the Sem
ate. This promises a test of endurance
| unless the opposition to the bill gives
| way. Mr.. AIfison's statement was made
after another futile effort to have a
| time fixed for the vote.
| In some respects the Senate made
good progress to-day, disposing Of two
important amendments, that placing a
stamp tax being agreed to with little or
| no opposition, and without the formality
Of a vote, while the SpOoner amendment
proposing tariff investigation was with
drawn after protracted struggle.
Late in the day several new amend
ments, from individual Senators, were
voted on.
Secretary Of Agriculture Wilson and
Speaker Reed were on the floor during
the early hours Of the session.
The tariff bill was taken up with little
delay and Mr.. Mills (Texas) moved to
amend paragraph 395 d, by striking out
"books of all kinds" his purpose being
| to place books on the free list; rejected
! 1S to %.
Mr.. Mills then proposed new para
graph for the free list, viz; THE Bible
| in whatever language printed There
was considerable amusement among
| Senators at this proposition, but
| Mr.. Mills with earnestness, insisted on
yea and nay vote. The amendment
was rejected, 21 to %, Messrs. Kyle,
| Stewart and Teller voting with the
Democrats in the affirmative, and Mr..
| McEnery with the Republicans in the
negative.
| A new paragraph was inserted in the
| free list:
"Wafers, for sacramental use or for
coverings in holding pharmaceutical pre-
parations.'
The new committee amendment, relat-
| ing to stamps on bonds, debentures, cer-
tificates of stock, ETC., was taken up and
Mr.. Allison proposed several changes
| A legal discussion ensued as to the
legality of the provision that unstamped
bonds, etc., "shall be utterly void and
shall not be used in evidence"
Mr.. Allen, (Nebraska), while concur
ring in this general principle of the pro-
posed tax, said that Congress had no
power to lay down a rule of evidenc, for
a State court.
/ Senators Chiffon (Texas), Teller Colo
rado), and White california;, shared in
| this view, while Mr. Vest (Missour), and
Morgan (Alabama), maintained that the
provision came within the power of Con-
| gress. Mr.. Bacon (Georgia), made the
| further point that the amendment
| trenched on the rights of the States by
prescribing the manner of record and
registry of such bonds, etc.
Mr.. Lindsay (KentuIky), declared tat
| the provision should be struck out un-
less Congress intended to follow the ex-
| ample Of the King of England in es-
| tablishing a stamp tax before the inde-
pendence of America was declared.
Mr.. Platt (Connecticut), speaking for
the Finance committee, said that as the
| question had been raised it would be
| carefully considered, and If need be,
changed, before the bill became law.
The stamp amendment as Il whole was
then agreed to on viva voce vote, no
call for aye an no vote being made.
The mo- response was light and came
| the Democratic side of the chamber.
The amendment, as agreed to, fixes the
| following rate on bonds, etc.: Bonds,
debentures or certificates of Indebtedness
issued after September 10Th, 1897, by an
association, company, or corporation, on
each hundred dollars face value or frac-
ton thereof, five cents; and on each orr
ginal issue, whether an organization OF
reorganization, of certificates of stock
| by any such association, company or cor
poration, on each hundred dollars of face
value or fraction thereof, five cents; and
on all transfers of shares or certificates
| of stocks in any association, company or
corporation, on each hundred dollars of
1 face value or fraction thereof, two
cents"
Exemptions from the stamp tax are
| made in the care Of State, county and
municipal bonds, and the stocks and
bonds Of cooperative building associa-
tons.
Mr.. Allison proposed the amendment
heretofore offered BY Mr.. Spooner for a
tariff inquiry by three members Of the
board Of appraisers.
Mr.. Teller took occasion IN this con-
lection 70 criticise the committee for
first Transforming the House bill and
then going back in substance to the
Iouse rates. He had tried to learn what
mount of revenue the bill would yield,
nd he said, he would be glad to have
ne chairman, Mr.. Allison, throw some
light on that subject.
This brought Mr.. Allison to his feet
for the first definite statement as to
1.-THE revenue expected to be derived from
he bill. He said it was not possible for
ny expert to make exact calculations on
the amount of revenue tariff Diii wound
Iyield. 1t had never been done and never
would be done.
"But from the best information avail
table," proceeded Mr.. Allison, II believe
this bill will yield $175,000,000 to $780,,
100000 the first year, that is from July
II. 1897, to July 1, 1897" He said the
schedules had been gone over at every
; stage. as successive changes were made