The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1897-07-04


| ore.
House Section % remembered 12) was
agreed to. prohibiting the entry of all con-
Wet merchandise
After contest the committee Section -
! was adopted, providing that goods in hand
! when the act goes into effect shall pay no
other duty than If the same were imported
af5er the act goes into effect. .,,u
Section rs remembered I'D, repeating
! those portions of the law OF 1894 inconslst-
ent with this BILL was agreed to with
provisO, offered by Mr. Allison, continuing
/ in force Sections 70 to IS, inclusive, Of the
! law of 1894. known as the antitrust sec
| tions
The House retroactive clause (Section 20
/ was struck out
! This brought the Senate to the end of the
/ bill, and its first reading throughout mad
! been actually accomplished.
There was quite a controversy over an
| effort to readJust the duty on manganese
/ iron ore, which article the House placed
| upon the free list. Mr.. Bacon moved to nix
/ a duty of 81 per ton, but withdrew the mo-
| ton on assurance that the entire subject
/ would be considered in conference.
The finance committees substitute Tor the
| House provision in regard to coal tar was
agreed to. The amendment leaves the arti-
Gle on the free list
THE STOCK AND BOND TAX
After defeating an attempt by Mr.. Stew
art (Nevada) to reopen the clause to
cyanide of potassium, Mr.. Allison presented
the amendment proposing stamp taxes
on bonds, debentures certificates of stock,
etc 1t was very voluminous, and Mr. Ali
son explained by saying that while form
liable in appearance. it was simply pro-
viding stamp tax of cents on every S100
of debentures, etc, and cents on every
500 of transfer of stock. etc. He modified
this so to except building association
stocks and bonds and allowed the amend
ment to go over.
This brought the Senate again face to
face with the pending beet sugar bounty
a M "a win
dIawal OF the sugar bounty amendment.
After the first reading of the bill mad been
completed Mr.. Jones announced that in
view Of the new amendment on sugar boun-
ties the Senate would be in session a good
long time 1t could not be passed without
the fullest discussion. The dog days We're
here and the weather was intensely hot
Therefore, Mr.. Jones proceeded decisiVely,
he thought it well 10 give up the early daily
meeting of the session, reSuminS the u
o clock session, and he thought II desirable
that the Senate now adjourn.
Mr.. Allison responded tnat ne thought the
bill was to be passed to-day.
In surprised tones Mir. Jones answered
that sucn an idea was preposterous With
this bounty question brought in, could it
be possible to expect the passage Of the
after the next? He was absolutely
astounded, he said, TO have this proposition
brought in at the last moment He again
expressed hope that II o'clock sessions and
an adjournment for the day would be
Mr.. Thurston. who had been comforting
with Mr.. Allison, took the floor. He spoke
of the part he had taken in urging this
beet-sugar bounty and his earnest wish
that it be incorporated in the bill, but |
recognize he continued that the people
of this country are demanding the imme-
date passage of this tariff bill They are
impatient that the rates of duties shall be
so permanently established that the calcu-
Iatlons of business can be made. As one
of the prime movers of the proposition l
reluctantly-in the discharge of what | be-
lieyee to be PATRIOTS dutyxeI reluctantly
10 IA 10 nf +
side of this chamber to prolong this de-
bate indefinitely, and that the wheels of
industry may begin to revOlVe. that the
smoke of the chimneys may arise, that the
amendment"
Mr.. Thurston's announcement was made
with impressive effect, and was received
with awe-like silence by senators and spec
tatOrs.
ALLEN TAKES A HAND.
Mr.. Allen the colleague of Mr. Thurston,
took the floor, and said he had not been
present when the threats of flibustering"
had been made
There were no threats of flibustering,"
interjected Mr.. Pettus
If there had been such threats pro-
ceeded Mr.. Allen, he thought he might take
a hand for a few weeks or a few months"
He earnestly supported the bounty, and
said he regarded it as cowardly to abandon
it. IF my colleague withdraws it then |
will renew it," concluded Mr.. Allen
Mr.. Allison said that in view of what oc-
CURED he concurred in what the Nebraska
senator CThurston) had said. that it was
not best to introduce any question which
might prolong the debate. He asked leave,
therefore, to withdraw the bounty amend
ment.
Mr.. Allen again proposed the same
Mr.. Jones moved to table Mr.. Aliens mo-
ton This had the effect of cutting off
debate, and, as Mr.. Allen showed evidence
Jones
ton to table.
Mr.. Kyle spoke in favor of the bounty,
after which the subject went over tempo
rariy.
With Mr. Aliens motion renewing the
beet-sugar amendment pending an amend
ment was unanimously adopted on motion
of Mr.. Mills of Texas, taxing playing cards
20 cents per pack.
Mr. Lindsays amendment to the reci-
procity clause asking the President to in
quire into the exclusion of American tobac-
co from France and Spain was agreed TO-
Mr.. White moved a new paragraph plac-
ing a duty on incandescent electric lamps
at 80 per cent ad Valorem. Agreed to.
It being 4:3O p. M MIR. Jones urged Mr.
Allison to consent to an adjournment.
Mr.. Allison responded that he would like
to secure an agreement on time for a final
vote on the bill. say Monday or Tuesday >.
with the bounty amendment pending"
answered Mr.. Jones, decsively no time
for a vote can be fixed"
Il hope that amendment will not be held
up as a bogie man" said Mr.. Allen. 1t
will take week to consider this and
other amendments.
Mr. Allison specified Tuesday as the day
for a vote. Mr. Jones shook his head and
said that while there was no purpose to
delay the bill, yet the important pending
amendments must be fully considered
There was a chorus of protests and Mr.
Allison suggested a recess to 8 p. m. and a
continuance of the debate tonight. He
withdrew the suggestion, and added: Then
| give notice that 1 will endeavor to Sc
cure a final vote Monday or Tuesday"
The bill was then laid aside, and, at 4:35
D. M the Senate went into executive ses-
sion, and then adjourned until Monday.
stock Tax would Be Evaded.
DENVER Col. July 3-The decision of
the caucus of Republican senators to place
a tax on all sales of stock has created con-
sternation on the Denver and Colorado
Springs mining exchanges, where many
cheap stocks are dealt in. Ramsay {.
Bogick. president of the Colorado Mining
Exchange. expresses his belief that such
tay ,unnld be unconstitutional. but said it