The times. [volume] (Richmond, Va.) 1890-1903, 1898-05-17
WAR REVENUE
IN THE SENATE
A Bill Presented Which viii Raise
More Than $151,0O0,0O0.

WASHINGTON. D. c., May 1.-THE
| debate upon the war revenue measure
was begun in the Senate to-day. The
| opning statement for the Committee ON
| Finance was made by Mr.. Allison (of
Iowa., the ranking member, IN the alb
sence of Mr. Morrill,, of Vermont. Il
was estimated that the bill. as it came
from the House of Representatives,
would raise about 500 100000 q year. As
reported from the Senate committee,
Mr.. Allison estimates that il will raise
| S15l. 497 O66.
Appended is a recapitulation Of the
| amount of revenue TO be derived by me
Government under the present law and
under the bill as II was reported from
the Senate Committee on Finance. 1t
will be noted that the estimate includes
the amounts raised under the present
law and the increases proposed in the
pending bill:
ARTICLES TAXED.
Fermented liquors. $5S906l2); tobacco
and snuff. $40 $50; cigars and cigar
cites. SIG. 3O2, 400: tobacco manufacturers
and dealers, 1907, 102. bankers S2'5si.b VO
exchange brokers. and pawn brokers,
S15pO.O0O; commercial brokers. SA3O94;
theatres, circuses and other exhibitions.
81 AZ: bowling alleys and billiard Ia
bles Sl66,967: stocks. bonds merchan-
UAeEs
600: inland bills Of exchange, N,50OO0O;
foreign bills Of exchange. $500OO0; express
and freight including all bills Of lading
$40 10000 life insurance. N.27ZO00; mort
cages 80 OIL 500: all other articles In
schedule, including tax on receipts, VS.
00O 900. Proprietary preparations and
perfumes $50 900 600; chewing gum, $1,000.
600: legacies and succession, $500 40.
total. S2140i5S29.
Add the revenue 10 be derived from
articles not included in the pending
bill on the bsis of receipts of 1891 TO
this. S214 0l5.S 500 spirits, So 542; brew
ers Especial taxi. SlGOe27: retail dealers in
malt liquors. S19l OH; wholesale dealers
I'm malt liquors. S27S sol; oleomargarine.
81. O34.0 29 filled cheese SlS992 miscelia-
neous receipts 500 45S. Total estimated
revenues. SOS. 113 $50 Less revenue for
1897. Sl46619 .5s3. Revenued provided by
Senate BILL $751; l9i .O66
BORROW OK BONDS.
In conclusion, Mr.. Allison said It VS.
one purpose OF the Senate 10 authorize
the Secretary Of the Tresury to brorrow
from time to time. 300 100000 or so much
thereof as might be needed for warpur-
poses exclusively, and to issue 3 per
cent bonds therefor. II was also the
purpose TO authorize the secretary 10
issue certificates Of Indebtedness for
500 0O0. 00O 10 meet any deficit in the rum
ming expenses Of the Government.
At the conclusion of Mr. Allison's
statement, the bin WAS made the un-
finished business, and IL will be pressed
TO passage as soon as possible.
The Senate at 24O i. VI. went into
executive session. and at 1905 T. NJ ad-
journed
MKINLEY FIRST VETO.
WASHINGTON. May 1.-THE House
to-day received its first veto from Presi-
dent Mckinley and voted unanimously
10 sustain tho Executive The veto was
of bin comforting upon the court OF
claims Jurisdiction TO retry the case Of
representative Of Isaac i. Trice against
the United States. brought ia 1873 10 re-
cover so .00O the alleged value of certain
meters TO measure the quality and
strength of distilled spirits.
The day was given TO consideration OF
bills under suspension OF the rules, the
measure of chief importance being one
ratifying an agreement for the allotment
and opening 20 settlement Of the Conan
che. Kiowa and Apache lands in Okla
homa The bill was passed
Mr.. Marsh. Of Illinois. presented 10 con-
ference report Of the bin authorizing the
army officers 10 furnish food 20 the
Cuban people and arms and equipments
20 Cubaus to increase their fighting CT
fectiveness against Spain during the
present war The report was adopted
without objection.
At ass p. VI. tho House adjourned.