The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1897-05-26

&2T2902S. The speaker said the com
mittee believe it TO lie the imperative
duty of Congress TO provide IN the meas
ure under consideration for Il revenue
which will certainly meet the require
ments of the government for the next
fiscal year The adoption of a revenue
bill which should fail in this purpose,
and which would create an ADDITIONAL de-
fciency in the Immediate future, and
which would require a further issue of
bonds to meet current expenditures,
would certainly be fatal to the hopes
of future success Of any political party
responsible for such legislation.
In selecting the sources for additional
revenue the committee decided to increase
temporarily the tax ON articles of yolun-
tary use. rather than to assess additional
duties which might prove imperative
upon articles of necessity or upon those
which enter into oFr manufactured pro-
ducts.
Mr.. Aldrch took up the various sched-
ules and explained the changes made Ills
explana tion of the sugar schedule was
full and complete.
Referring to the Hawaiian treaty, the
Senator said: The committee will also
prepare and present an amendment to
the House provision in regard to the
! Hawaiian treaty. The existing CONNER
eial treaty between the United tStasee
and the government Of these islands pro-
yites for the free admission of raw su-
garS. the product of the island. into the
/; United States. If this treaty should re-
] main III force ii would result in giving
! :, bounty to the Hawaiian sugar produc-
ers amounting TO more than SS.000,000
per annum. It WAS not contemplated
when the original treaty WAS made or
when ii WAS extended that any possible
advantag" If this kind could ever re-
sllt frUia its terms to tAc people % the
Sandwich islands
The effect Of this bounty would ua
! doubtcdly hc to stimulate enormously
t the production Of sugar i'll the Hawaiian
| islands While we cannot fairly abrogate
/ treaty os this kind with a friendly coun-
| try without notice we believe that neg0-
! tiations should be at once entered into
| looking To such a modification of the
| treaty as will reduce the bounty to be
! paid Hawaiian sugar producers to
| reasonable sum, and the committee viii
| present an amendment looking in this
direction at an early date.
There should be no difficulty il Sc
curing through the treaty making power
such notifications of the treaty rs will
/ he satisfactory 10 both countries without
/ injury TO either. Ii certainly cannot bc
/ expected that toe United States will
/ continue fer any lengh Of time 10 pay
: il bonus Of seven or eight millions Of dol
/ lars per annum as IN inducement 10 any
foreign country to trade with us. nv
sumo there viii be no difficulty in Sc
! curing proper notifications Of tie treaty
! 50 that il viii not he necessary for the
t government of the United States to give
/ the one years notice of its abrogaton,
! rs provided for by It's terms"
/ Returning 10 the schedules. aIr. AID
/ rich said:
| In schedule T.. we have suggested
/ return to the rates imposed by the act
| OF 1894 on leaf tobacco. This action is
far frcln satisfactory to the growers OF
! wrapper tobacco in the United States
There is a very wide difference of opin-
ion among those whose interests are
| affected as to what rates should be i'm
| posed.
/ I'm The cotton schedule. the rates which
| are practically those Of 1894. have not
! been changed from the House schedules
except IN the paragraphs relating to hosie-
r.. underwear, corduroyS and velveteens
On these the rates are somewhat lower
than the House provisions
! Ia conclusion Mr.. Aldrich said:
/ The committee also hopes. before the
bill passes from the consideration of the
Senate, TO be able to present certain need
ed amendments to the customs admins
tration law.
1.-The industrial system of the United
States is growing more and more COM
pick every year. 1t is becoming more diff
fcuIt every year TO satisfy, in Il tariff re-
vision. conflicting claims of sections, or to
50 adjust rates as to do no injustice TO
any of the varied interests Of this great
country. The revision Of para agraphs and
rates recommended by the committee are
undoubtedly far from satisfactory in
many case to interested parties. The
amendments recorded represent the con-
sensus Of opinion of Il jority Of the mem
! brrs Of the committee. We have no pride
Of opinion or authorship IN regard TO any
Of the provisions reported We have
given careful consideration to the numer-
GUS important questions involved in the
various schedules. We present to the
Seuate the result Of our labors and shall
cheeffuily accept your Judgment as 10
The wisdom Of oar conclusions"
i'estiEreN thea presented IN amendment
that when articles are manufactured by
q trust, es.ticies Of This character impor-
ted from abroad shall be free Of duty. He
said he woud ask ITS consideration inn
nediately after the committee amend
ments.
Mr.. Vest, Democratic member Of the
Finance Committee. was then recognized.
We know he said, "the desperate CON
dition of the country, the ruined homes
the blasted hearts. f prosperity can
come from any source, even from our ad-
rersaries, we will bless the moment. /
do not believe the imposition OF higher
tariff duties VIII dispel the clouds hanging
above us, bringing back the sunshine and
Illuminating the whole country" 4
1T had been said" Mr.. Vest proceed
ed. "that adversely came with the advent
of the Democratic party and prosperity
Al, Al,