Rock Island Argus. (Rock Island, Ill.) 1893-1920, 1898-06-09

(. The Two Points That Give Mos. Trouble-
Senate Scores a Victory in General-Tax
on The Sugar and Coal Oil Trust, Re-
tafncd- One Hundred Millions Added to
! TIE Bond Issue-Eawney's Mixed Flour
Idea Adopted.
| NGshston, June e.-Cnless nosst care
fcEy arranged plans fail of realiza ii Oh.
tn cCategrees CT the tao houses of con-
| gees On the war revenue bill will make
tEeir rcpcIt to the senate today soon
! &'ter lie beginning OF The days session
| WIKI the exception OF brief intervals
| icr meals the oonferrees were in session
| Ter mere than twelve hours yesterday,
| ooEirHing at 10 ii the forenoon and the
! republican representatives of the two
| houses continued their conference con-
| sidcra5!y beyond the hour of the adj
! tournament Of the full committee. When
! yesterdays meeting came to a close
! practically a!l the differences between
| the two Houses had been adjusted ex-
! ee2t these on the tobacco scheduIe and
the coinage Of the silver sessniorase
tAough there WAS some points still to be
/ settled with reference To the proposed
issue cf bends and certificates Of in
debtetness
Tax on the Zig Trusts Retained.
The terms Ct the settlement ef these
c0ntEovCrted points may make a differ
e2o~ i'll the agreement On other items
, SO far reached, but it is not believed
that many OF these VIII lie materially
changed. The settlement. so far obtained
is substsstial victory for the senate.
Prac ticany all Of the senate amend
nertS in phraseolCGy and PENALTIES
have been retained as have also a LARGE
majority Of tie scRates more matefiaI
changes. Among the most important Of
thes5 which the report viii show have
been agreed to by the conferrees are
those providing fyra tax on inheritances.
Tor outy on tea, and for taxes on
s.5r.!ng and palace cars. petroleum aid
sugar refining. GA mixed -four, and on
hakers. brokers, theatres, circuseg,
etc.
Senate Fond Provision Modified
The senate bond provision has been
modified 50 as TO constitute a ooTlpro-
misc with tha house The most mater
fal alteration mada in this amendment
IL one fixing tbs amount of bonds at
yCCo.c00 instead CT s26G coo. eco as
sSreeA upon by sie Senate and $5o0. 090.-
Gee as proposed by the heuse. There
has al'o been some charge in the gem
eT2i phTasecloGy Of this provision The
provision in regard to time certificates
also viii be amended. but the amount.
which YVES $icGGG0.CC0 in both the SEN
ate and hCCFe bills. win yesNshs at ,&,at
figure. The changes wiz he y 4 eaiar-
Gcter making the proposed loan mere
Immediately available by cohg away
with the requirements ftr ajEsrtisiAg.
II viii sso he made clear %i,'tt tsais loan
is n'tenGed for merely temporary pu4.
poses
Insurance Tax VIII lie Dropped.
Among the senate amendments which
probably viii 60 out are those provia-
ing for tax upon receipts above IS and
for tax ,gR insurance aseAee. as well
as the ChiltOr aIGcIdment extending
the provisions of the proprietary medi-
cine schedule t. al manufactured arti-
Ges. The Republican re7tess of the
Committee are generally orsaosed to the
Chiffon amendment, but it's retenticn
was zealously urged by Jones and Bal
ley. The Democratic members OF the
conference.