Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1898-06-09
wAR-REVENUE BILL.
Senate Tobacco Amendment FRO
baby to Win.

wAR-RENENUE BILL.
senate Tobacco Amendment Pro-
bnbiy to Win.
WASHINGTON, June Sunless most
carefulIy-arranged plans fail of realiza-
ton. the conferrees Of the two houses OF
Congress on the war-revenue bill Will
make their report tomorrow, soon after
the beginning of the days session.
With the exception of brief intervals
for meals. the conferrees were in session
for more than twelve hours to-day. A
meeting is 10 be held at IL o'clock to-
morrow morning, and if the details still
unsettled are then arranged, as now
seems probable, there will be no difhculty
in completing the work at tomorrow
mornings meeting.
When to-day's meeting came TO close
practically all the differences between
The two houses had been adjusted, ex-
cep those on the tobacco schedule and
the coinage of the silver segniorage.
though there were some points still to
he settled with reference to the proposed
igsue Of bonds and certificates of indebt-
edness,
SENATE VICTORY.
The settlement so fat obtained is
substantial victory for the Senate. Prac-
tically all Of the Senate amendments, in
phraseology and penalties, have been re-
ta:ned. as have also large majority OF
the Senates more material changes.
Among the most important Of those
which the report will show have been
agreed TO by the conferrees are those
providing for a tax on inheritances. for
a duty on tea, and for taxes on sleeping
and palace-cars, petroleum, and sugar
refining. on mixed flour, and on bankers,
brokers. theatres, circuses, etc. All OF
these provisions, which were inserted by
the Senate, are retained in practically
the language of the Senate amendments.
BOND PROVISION.
The Senate bond provision has been
modified so as TO constitute a compro-
mise with the House. The most mate
rial alteration made in this amendment Is
one fixing the amount of bonds at $780,
100000 instead of $3.50, 600 900, as agreed
upon by the Senate, and $O0,OOo,OCO as pro-
posed by the House. There has also been
some change in the general phraseology
of this provision. The provision in re-
gard to time certificates also will be
amended, but the amount, which was
500 900 i'm both the Senate and House
bills. will remain at that figure. The
changes will be Of character making
the proposed loan more Immediately
available by doing away with the re-
quirements for advertising. 1t will also
be made clear that this loan is intended
for merely temporary purposes.
Among the Senate amendments which
probably will go out are those providing
for a tax upon receipts above 50, and Tor
a tax on insurance agents, as well as the
Chiffon amendment extending the pro-
visions of the proprietary medicine sche-
dule to all manufactured articles. There
will also be a general reduction from
the Senate rates fixed upon proprietary
medicines.
TOBACCO TAX.
The tobacco schedule is proving to be
one of the most difficult with which the
committee has to deal. The two points
in DISPUTE are the size of packages of
manufactured tobacco, and the House
nrovision making the tax of II cents per
mound agreed upon by both houses apply
TO stocks in hand.
When the conference adjourned to-
right II looked as if the Senate would
win I'm it's contention for striking out
the retroactive clause, and as If the pro-
vision in regard TO the size of packages
would be compromised, and a medium
size agreed on.
The beer tax will, In all probability, re-
main as fixed by the Senate-that is, a
TAX of 81 per barrel. with 7 l-2 per cent.
rebate. will be imposed.
AS to the silver provision, 1t now looks
az II something In the line of the Senate
amendment would be inserted; but a ma
ioritv of the committee are opposed to
this provision, and If 1t is retained, this
will be done only for the sake OF securing
a sneedy adoption OF the report by the
Senate.