The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1898-06-08
THE WAR REVENUE BILL.
An Agreement Reached on Many oI
tho Amendments.
THE SEIGNlORAGE CAUSES TROUBLE
ON This Feature Opinions DiNer-rhc
Measure Mny he Reported Hack
Today or Tomorrow.

Washington, June THE republican
members OF the conference committee on
the war revenue bill were in caucus for
four hours today and 1t Is sald by men,
bers OF the caucus that they practically
reached an agreement on the most in-
rortant items OF difference between tho
two houses. They relate to the coinage
of the silver bullion, tho form OF the bond
provision and the amount OF the bonds.
the Inheritance tax, the duty on tea, etc.
These questions have not yot been raised
In the full conference and the republt-
cans decline 10 state any points of their
agreement. The general impression among
senators Is that there will be some proc
vision for coinage OF the segniorago aud
possibly all the silver bullion in the treas
ury, but II is not believed that the te,ms
of the senate provision will be accepted
| without material modification.
The result of the Oregon election
strengthened those opposed to making any
concession TO silver. but it also had the
enoct OF causing the western lcpubucan
| senators to be all tho more ciamvrous for
| recognition. They cypress confidence that
| their representations Will not 80 un-
| needed and they profess to speak upon
assurances from republicans OF the CON
ference. Two session. OF the fun COM
mittoe wcro held. but In these only mat
tors OF minor importance were passed
upon and as rule the senate amendments
ON these matters were accepted.
Among the changes was ono in the beoi
| tax provision, making II definite that the
stock on hand exempted should be the stock
In the hands of dealers and not OF brewers.
| There is quite a contest over the senate
amendment oSompting the tobacco stock on
| hand from taxation, but this schedule has
| not been passed upon. The Indications are,
| hkowcver, that the senate provision
will stand. The house coufcrecs are maxi
| ing a determined contest 10 relieve insur-
| ance agents from int license OF Si2 n year,
| and they have indicated tendency TO al
| low the tax on bankers brokers, theators
and o forth 10 stand II the insurance ageuta
| are not taxed. They are also making an ON
| slaught on Senator Gibbons amendment
| extending the provision In regard 10 the
| proprietary medicines to other articles aud
the senSte's representatives, indicate dis
position to yle.d on this point.
| Senator Allison expressed the opinion
| that n report could be made tomorrow, but
| when adjournment WAS taken for the night
| he modified the statement by saying thal
| while he thought the committee couie
| conclude It's work tomorrow 1t would not
report before Thursday
| There are" he said, many things u
which we are on the verge of agreement
hui on no important matters can 1t he saic
we have reached complete understand
ing"
Washington June AFTER sitting unt'
past midnight last night the conferees
the two houses of congress- on the wal
| revenue bill resumed their sitting prompti'
| nj 10 o'clock today, The IMPRESSION i
growing that the committee is determined
10 conclude It's work promptly and that tn
report will be presented before the clos
OF thu present week.
When the conference adjourned at nool
Senator Allison expressed the opinion tina
IL would be able to report TO the senate an'
house by tomorrow. He said that cxcellen
progress was being made. but that u wal
impossible for the present In give details
OF the proceedings The minor SENATE
amendments viii probably be accepted BY
the house. The indications are now tina
at least 30 per cent. OF the senate amend
ments will be retained without serious dis
putc The more important amendments
arc the ones on which there was most con
trovcrsy, and so far the seignorage pro
vision has proved to he tho most difficult
problem with which the committee has had
10 deal,