New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1897-03-19
TARIFF. AND REVENUE.
w. J. COOMbS fhh-
PAREs SOME REFORMS.
IMPORT DUTIES VANISHING RESOURCE hf =
TER INTERNAL SYSTEM NEEDED.


TER INTERNAL SYSTEM NEEDED
E-Consressman W. j. Coombs. who is no" pres
.aen, Of the Manufacturers Trust Company. i
much interested in the Dinsley Tarin Dill WINE
,n Congress Mr. Coomos paid considerable atten-
,,o, IN tarin affairs He introduced bill pfoNio-
ing for perpetual tart commission 10 susees'
such annual revision of the tariff as "ouio MANI
The annual revenue OF the Government cover ''e
annual expenditure.
President Cleveland so approved this measure ac
eord,ng TO the statement Of Mr.. Coomoss frienos
,hs, he instructed Carroll d. Wright TO revise the
Wilson bill by introducing into 1t the main iueas
of N- Coombs's bill While this revision was IN
rrosress the dsgraceful wrangle in the senate oe-
gan and put P stop TO any thousfuui consiueiH
ton Of the tariff To Tribune reporter MI
Coomhs said YESTERDAY;
when was a member OF the Lilo 'o"s'ee
700. rho grounds of opposition 10 the passage OF
general tariff bill believing that II Was un"ise 10
atten1pt TO embrace in DILL all the Nar'eu "e"
ufacturins interests OF the country! '"'o.e
did not believe that 81 was possible Tor any CON-
p,itiee Of Congress with the necessarily rm"eo
,..,,.,ode, thu, such \ committee would possess
~ handle such a complicated subject. In speech
made a. the time 7 warned the Democratic parry
81 ,hc peril cured IN the proposed genera! es'S
iation.
Il proposed that Congress should either oons.u''
one group Of industries time dong II oehoe'-
y.
IN commission which might at all times have Inc
question of tariff and revenue under consideration
following the varied and constant changes tha'
arc made in the methods and costs OF proooc"o"
so that we could always have a tariff abreast OF
the times. 49,
81, must he admitted that it is almost mposso BILE
% M ,orirf Bill which protects manufacturers
from foreign competition ana al ,he rSs ohienfs
are 100 contradictory and Likely 10 ieao 70 us
amendments. - =, 49,. ,,,a, ,,,ust sooner
o. iater be met on the broad ground that tne
revenue TO be raised must have some dlrecl req
snne 5s II Is in our cities and States and in fact
In every civilized nation except ours ~ ca'pt o
nt on Tsrious theories indscriminately. and spend
before raised aGroTG ea 40 , upon congress
Confusion must always prevail uhth mus rredi'
~ H. Tni,ed States or it's ability at all times 10
M c. rs obligations. We are great ann r'Cn r., ~
pie with resources unequalled by any ohtr nauOH:
snJ vet our credit does not stand a. high as that
of many nations with comparauNeF SmSa cr rc
sjy weight 10 .hc proposition that the financial
strength Of government docs not " Goes IN ,is
ability through Us system Of raising 'evemoe con- 10
,rjbn,e fowsrd its support. European nations have
advanced further IN the solving Of his problem ,I,i
nit nit" TO varoas forms Of taxation against which
our people would rebel. as,. ,o,,,e IN
nropor,ion 70 the wealth and wants of the coun-
'rv demands our immediate attention we ia nc
custom houses on imported goods. TINS resaru
~ vanishing resource. as our own indhuldt.
- I'd n~odiicers succeed in supplying the wants
OF our people regard the held OF in'erna. gs
ME a. one nat can be worked 20 great adVdutdec
&c rn,,rse 7 40 not refer the income tax OF
recommend H. Ms opposition 10 That measure Is
~ do not propose 10 criticse the pingley Dill !,
"a a measure % the Republican part! wh'cn IL
-. .senonsioia for the well being or the CouIi
49, hcne that IL vii meet the eXpeciati9hs vi
,ts trainers IN the matter OF producing sunc,ei,,
revenue but / regard that result as 'oo u"N''''''
10 inspire me with enthusiasm