The times., 1897-05-26
THE SENATE TARIFF DEBATE
Continued from First Page.

ktIttlblc rs ii.t '"S
few changes are made from existing law,
tire oply changes being i'll the nature OF
s.igas increases.
In the coJlon schedule, the rates, which
are practically those OF 1894, have not
been changed from the House schedules,
except in the paragraphs relating L.
hosiery, underwear and CoFduroys ami
veiveteens. On these tie rates ale sotne-
what lower than the House provisions
some changes Of importance have been
made in schedule j tie lates OF duty re-
naming practically the same ar in the
house lilI, and the change Being rather III
the nature of new classifications
Speakingo of the duties on raw and manu-
featured wool, he said:
In dealing with the wool schedule, the
committee has suggested more liberal rates
TO the domestic wool grower than il ;ias
recomnendedforth the producer OF any naanu
factured article in the schedule; IL has also
suggested For him a more effective pro
tecticn thanit has ever received under any
tariff law OF the United States al the time
Of It's enactment Thewool grower is given
thehenefit of a specific duty upon allclassee
of wool Under the operation of this fixed
specific duty, the amount of protection af-
forded Will increase with each new decline
ia the foreign value of this raw sfnateriai.
The committee has aimed to give the wool
growers rate of duty which Will average
I from 10 per cent to 20 per cent higher
than the rates OF earlier tariffs la doing
this il has given higher protection upon
the raw material than upon the manufac-
! tured product in every case.
Very careful consideration has been
given TO the compensatory duty on wooden
goods, with the result OF reducing the COM
penSatory rates on low grade goods, into
W hose manufacture more or less Of other
materials than wool enter. On the high
grade goods the compensatory duties are
| fixed on the same basis that has obtained
In all previous tariffs.
Touching on the hides duty he said:
The one which will attract most at
| tention Is Tire placing OF duty upon hides
Of cattle Representatives OF the Western
! States in which cattle are raised have been
] for many years insisting that duty ON
/ hides should find q place in tariff bf
which was intended to protect all Aneri-
1 can interests. This Contention has been
/ resisted hy the tanners of the country, " no
/ believed that it would place an unneceS-
/ saiy burden upon their impoltanJindustry
Il shall not attempt TO enter in detail
! into the reasons which led the committee
I to suggest the imposition Of the duty.
! Speaking for myself, l believe that the
/ fears which have been so emphatically cX-
/ pressed as te the injurious effects OF the
duty have been largely overestinated, and
! that no very serious burden VIII be placed
! upon either the tanning, the leather, or the
boot and slroe industry, If the amendment
should be adopted.
MANY changes are suggested in the free
hist Among the more notable of these is a
! reconIne endation to return TO the liberal
provisions OF existing law with regard TO
/ the free importation Of books, works Of
/ art, etc under certain conditions.
In relation to reciprocity for the future,
Mr. Aldrich said: 1t is the purpose OF
the committee to prepare a provision
which will enable the Government of the
/ United States, within certain fixed linz
it's and without fUfther legislative action.
/ to enter upon arrangements or to nego-
1 tiate reciprocity treaties looking TO an
! eytension OF oJIr foreign trade
| ''Iu suggesting the striking out of the
! House provision, the committee had no
/ purpose Of abandoning the Republican reci-
| procity policy"
| IN conclusion he submitted his argument
| TO tire wisdom OF the enate.
! On the conclusion of Mr.. Aldrich's pre-
sentation, notices of many amendments
were gwen, some Of which were by Mr.
| Vest, to strike ont the additional Internal
revenue taxes; and by Mr.. Pettigrew, pro-
viding gainst trusts, and by Mr. AIdrich.
| his, however, relating largely TO verbal
| changes.
| Nr Vest then took the floor, and began
| 10y SAYING that there was no disposition
on the part of the Democrats 10 oppose
| the bill factiously. He knew, and all men
admitted, the lamentable condition of the
country; SO that relief would be welcome
even from the Republican side. But he did
not believe the present bill would lift the
cloud and bring back the sunshine II
had been often charged that adversely
comes through the Democratic party. In
| 1890 the present President declared that
the agricultural classes were in despair
| Mr. Vest had here read the opinion Of Mr.
| Mckinley at that time on this subject.
The farmers were then suffering and
they are sufferingtoday. Canyon expectto
give farmers the means to buy by the i'm
| position OF higher taxes? We all admit
be met, but every dollar horded in the
| Treasury, as at present, is a crime against
the people. Why hadthe Republican party
| abandoned its tardiness in this bil in
so many respects, as in the tax on tea;
| and additional internal revenue taxation?
! Why does not the Administration use the
| S129, Bod, $50 which is available after de
| Quoting the geld reserve from the cash
balance, May 21, 1897, OF S229, ,35o, $50?
Mr Vest showed that, even after de
ducting all that Mr.. DiEgley said was
necessary, there would be left free $685.
| oeo,0
| Even assuming as true all the arguments
| OF Mr. Dingley, there would be money &C
meet all deficits Why, repeated Mr.,
| Vest, should there he new and heavier
| taxes in this condition of affairs, with
money hoardedin the great money centers!
| 1t was strange that no official estimate
| of the amount of revenue had been given
| by the committee, and it was not derivable
| from the comparative statement. The
| amount Of revenue was the very essence
| of tie debate.
! MI Aldrich replied here that there would
be an excess OF about SOC, ,ooo, 600 ever the
| revenues of the Wilson bill.
Mr. vest showed that Mr.. Dingley con
tended that the excess for the first year
| would he about $76. 100000, and $780,
100000 every year thereafter. Mr. YES
had read Mr. Dingley's estimates to 'tshow
the wide variation of House and Senate
estimates Mr. Aldrich, he said, had
stated that the Wilson hill would have pro
duced surplus of S1o0, goo, includ