The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1898-06-09
House and Senate Committees Have
Practically Agreed.
VICTORY FOR THE SENATE
NEARLY ALL ITS AMENDMENTS
ARE RETAINED.
Amount of Bonds Authorized Is In
creased to $4OO,o0o,ooo = Silver
Coinage Provision Will Probably
Be Retained In Order to Secure
Speedy Action-Changes Made.

WASHINGTON. June Sunless most
carefully arranged plans fail of reali-
cation, the conferees of the two houses
OF congress on the war revenue bill,
3. will make their report tomorrow, soon
after the beginning of the days session.
With the exception of brief intervals
| for meals, the conferses were in ses-
sion for more than Il hours today, be-
| ginning at ii o'clock. A meeting is to
! DE held at II o'clock tomorrow ana II
| the details still unsettled are then ar
| ranged, as now seems PROBABLE, there
will be no difficulty in completing the
work at tomorrow meeting.
When today'S meeting came 10
close. practically the differences be-
tween the two houses had been adj
| justed, except those on the tobacco
/ schedule and the coinage of the silver
seigniorage though there were some
POINTS to be settled with reference to
the proposed issue OF bonds and certifi-
Gates of indebtedness. The terms or
settlement Of these ccntroverted points
may make a difference in the agree
ment on other items, but it is not be-
lieved that many of these will be ma
terially changed.
The settlement obtained is a substan-
tial victory for the senate. Practically
4
phraseoiogy and penalties have been
retained, as also have also large
number of the senate'S more material
changes. Among the most important,
which the report will show have been
agreed to by the conferees, are those
providing for a tax on inheritances, Tor
a duty on tea and taxes on sleeping and
palace cars, petroleum and sugar reiih-
inc, on mixed -four and on bankers,
. pirrlICpS a II
these provisions, which were inserted
by the senate are retained in prdcuc-
ally the language of the senate amend
ments. There was strong contest
over all these provisions except the tea,
which it is understood was unanimously
accepted as a proper provision.
BONDS INCREASED.
The senate bond provision has been
r7odified so as to constitute compro-
mise with the house. The most material
alteration made in this amendment is
one fixing the amount of bonds at $4V1,-
600, 900, instead of 10000, coo, as agreed
upon by the senate, and $Jo0,OCO,0 OO as
proposed by the house. There has also
been some change in the general
phraseology of this provision. The pro-
vision in regard to time certihcateS
also will be amended, but the amount
was 500, goo, geo in both the senate ana
house bills, and Will remain at that
figure. The changes will be OF char
acter making the proposed loan inrne-
diately available, by doing away with
the requirements for advertising 1t
will also be made clear that this loan
is intended for merely temporary pur-
poses.
Among the senate amendments which
will probably go opt are those provid-
ing for a tax on receipts above 50, and
a tax upon insurance agents. as well
as the Chiffon amendment, extending
the provisions of the proprietary medi-
cine tax to all manufactured articles.
There viii also be a general reduction
from the senate's schedule OF taxes
upon proprietary medicines.
While the Republican and Demo-
cratic members of the committee have
worked tremendously on all the minor
details, the Democratic members, Mr.
Jones of the senate and Mr.. Bailey of
the house, have. on the more important
questions, held out strenuously for all
the senate provisions. They have been
especially determined upon the reten-
ton of the senate amendments relating
to bonds and the silver seigniorage
coinage, but in these matters the Re
pubicans have asserted their rights of
a majority.
SILVER COINAGE.
tba silver, rlrOTiSi0O IL now