The morning news. [volume] (Savannah, Ga.) 1887-1900, 1898-06-09
WAR REVENUE CONFEREEs.
All Differences Expected to BE Set
tied Rt TO-day's Meeting.

eiices expected to BE Set
tied at TO-day's Meeting.
Washington, June Sunless most care
FULLY arranged plans fail of realization, the
conferees of the two houses of Congress on
the war revenue bill will make their report
TO the Senate tomorrow soon after the
beginning of the days session.
With the exception of brief intervals for
meals the conferees were in session for
more than twelve hours to-day.
A meeting is to be held at Il o'clock to-
morrow, and if the details stiH unsettled
are then arranged, as now seems probable.
there will be no difficulty in completing the
work at tomorrow mornings meeting.
When to-days meeting came to a close
practically all the differences between the
TWO houses had been adjusted, except
those on the tobacco schedule and the coin
age of the silver sejgniorage though there
was some points still to be settled with
reference to the proposed issue of bonds
and certificates of Indebtedness
The settlement so far obtained is a sub
stantial victory for the Senate.
Practically all of the Senate amendments
in phraseoiogy and penalties have been re-
tanned, as have also a large majority of
the Senate's more material changes.
Among the most important of these
which the report will show as agreed on
are those providing for a tax on inherit
ance, duty on tea and for taxes on sleep
ing and palace cars, petroleum and sugar
refining, mixed -four and on bankers,
brokers, theaters circuses etc All these
provisions which were inserted by the
Senate are retained in practically the Ian
guage Of the Senate amendments.
The Senate bond provision has been mod
flied so as to constitute a compromise with
the House. The most material alteration
made in this amendment is one fixing the
amount of bonds at $4OO,0 900 instead of
$500 100000 as agreed upon by the Senate
and $4,000, 600 as proposed by the House.
There has also been some change in the
general phraseology of this provision.
The provision In regard to the time GER
tificates also will be amended. but the
amount, which was $1OO.OOO,OOO in both the
Senate and House bills, will remain at that
figure The changes will be of a character
making the proposed loan more imme-
diately available, by doing away with the
requirements for advertising 1t will also be
clear that this loan is intended merely for
temporary purposes.
Among the Senate amendments, which
for a tax upon receipts above IS, and for a
tax on insurance agents. as well as the
Chiffon amendment extending the provis-
ion of the proprietary medicine schedule
TO all manufactured articles.
There Will also be a general reduction
from the Senate rates fixed on proprietary
medicines.
The tobacco schedule Is proving to be
one of the most difficult with which the
committee has to deal Two points in dis
pute are the size of packages of manufac-
tured tobacco and the House provision
making the tax of IL cents per pound
agreed upon by both houses apply to stock
on hand. When the conference adjourned
tonight it looked as if the Senate would
win in it's contention striking out the re-
troactive clause, and as if the provision
in regard to the size of packages would be
compromised and a medium size agreed
upon.
The beer tax will in all probability re-
main at the rate fixed by the Senate that
is tax of 50 per barrel, with ~ per cent
rebate. win be imposed.
AS to the silver provision it now looks as
if something in the line of the Senate
amendment would be inserted; but a ma
jority of the committee are opposed to this
provision and If it is retained this will be
done only for the sake of securing the
speedy adoption of the report by the SEN
ate.
The conferees have agreed to substitute
the Tawney pure -four bill for the Mason
amendment to the revenue bill.
The ways and means committee of the
House to-day unanimously agreed on the
Tawney bill 1t defines mixed flour and i'm
poses a special tax of s12 per annum on
those engaged in its manufacture and sale.