The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1898-06-09
THE WAR REVENUE BILL.
Senate Gains u Victor, on Adoption
4 Of Amendments.
Tie BOND PROVISION Is MODIFIED
A Hitch ON the Coinage OF the
seieniornHc ana Tobacco Schcd-
uic--Tawncy Flour mn.
Especial dispatch to Tho Post,

Especial Dispatch TO The Post,
| Washington, June S.--Unclc sam Is IN
complete readiness to request his people
to loan him motley 20 conduct the war
against SPAIN lie awaits the action of tho
conference committee. hut has anticipated
Ats action to a large extent. Plates are pre-
pared. and three weeks ago a circular letter
was drawn and submitted to the secretary
OF the treasury. This circular has moi We;
been printed owing TO the fat tina, there
may be some changes in the war revenue
bill
1--WE will be ready Within forty eight
hours after the passage Of the hill 30 invite
bids said the chief OF the loans aud cur
r,ncy divisions this morning, II have now
ready 10000 addressed envelopes 30 send
to every one who has indicated TO the gov
ernnent n desire to subscribe TO the pro-
posed new issrc of bonds.
These envelopes viii he filled with the
circulars OF notification and blank form
to guide those who may wish to subscribe.
The loan is to be so-called popular
one We have prepared envelopes nd
dressed to every postmaster In the untou
States In towns and cities Of 10000 or
above. These announcements Will thus
reach every nook and corner Of the couh~
try and will enable tho people TO purchase
these bonds at first hand"
---------
Washington June S.~-uultrs most care
fully arranged plans fail of realization. the
conferroes OF the two houses of congress
on the war revenue bill viii make their re-
port TO the senate tomorrow soon after the
beginning of the days session, The CON
rerrees were In session twelve hours. be-
ginning at 10 a. m. and the republican,
members of the two houses caucused after
the adjournment Of the fun committee.
A meeting Ia to be held at IL O'Clock to-
morrow and If the details still unsettled
are then arranged. AS 1t seems possible.
there will be no difficulty In completing the
work at tomorrow mornings meeting.
MEer the days meeting came to close
practically all the differences between the
two houses had been adjusted except those
on the tobacco schedule and the coinage OF
the oliver ssigriorage. though there were
some points stu to be settled with REFER
cnce to the proposed Issue Of bonds ana
certificates Of Indebtedness. The terms Of
settlement of these controversial points
nGiy make Il difficulty In the agreement OF
terms. but it is not belie.ed many schoh-
ul,a Will be materially changed. The set
II, ment thus far obtained Is a substantial
victory FOR the senate, Practically all the
!, senate amendments have been retained, as
have also large majority OF the senate~
more material changes. Among the most
e important Of these. which the report VIII
|. show have been agreed TO by the confefrces,
!, are those providing for tax on Inherit
anccs, Tor duty on tta and for taxes Ola
sleeping AMI palace cars, petroleum and
n sugar refining, on flour aud bankers.
., brokers. theatore. crcuses, etc
All these provisions, which were inserted
by the senate. are retained In practically
= the language OF the senate amendments
There was strong contest over all these
: provisions except tea, which, IL is under
a stood. was quito unanimously accepted is
= proper provision.
The senate bond provision has been mod,
d fled so as to constitute q compromise with
e the house, The most material alteration
=, made IN this amendment is one liking the
= amount OF bonds nj $500 0000 900 instead OF
u $50c 900 $50 as agreed on by The senate and
q $500 600 900 as proposed by the house.
!, There have also keen some changes In tho
u general phraseo logy Of this provision. The
J, provision In regard TO the time certificates
u also viii be amended, but the amount,
which was 500, 200 900 In both the senate
I, and house bills. will remain Mt that figure.
u The changes viii be of a character making
, | the proposed lean mere Immediately avail
u able.
/" Among the senate amendments which
= probably will 20 out are those providing for
. II tax On receipts above 50 aud for a tax ON
= insurance agents, az well as the 'C1iiton
amendment" extending the provisions OF
the proprietary medicine schedule OF all
manufactured articles.
Tho republican members OF the committee
are generally opposed 10 the Chiffon amend
mont but It's retention will be zcalously
urged by Megsrs, Jones and Bailey the
!. democratic members OF the conference.
There will also be general reduction
a from the senate rates fixed on proprietary
i medicines.
Il The tobacco schedule is proving to b,
one OF the most d!fficult with which the
committee has to deal. Much OF the time
Of toiay's meeting was taken up by this
u sCht dule. The two points in dispute are
: the size OF packages of manufactured to-
:. bacco and the house provision making the
: tax Of II cents per pound agreed ON by
~ both houses apply TO stocks In hand.
When the conference adjourned tonight
1t looked as II the senate would win IN
its contention striking cut the retroactive
clause and the provision as to size OF
Is packages would be comprised and d
}, medium size agreed upon.
!, The beer tax will In all probability re-
~ main as fixed by the senate--that is, tax
OF 81 per barrel and IA per cent rebate
win he imposed. This matter was among
those left open for definite settlement
tomorrow but there Is no doubt that the
result will be as stated. Somewhat TO ihf
surprise Of the senate members OF the con-
ference. the house conferees manifested q
desire to have tho tonnage tax restored
and this Is also one OF the points yet tt
be definitely determined. The indications
are however. that the senate will not yield
In its determination to do away with tbli