The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1898-05-17
REVENUE BILL DISCUSSED.
..roa ALLISON PRESENTS THE
views OF REPUBLICANS.
.. the Probable Expenses 81
uar During the Coming Fiscal
r..r nj Upward Of @37O.OOO, 900,
- witch Losn shosla He Made.
WASHINGTON. May is.-As 10 ?. n

WARRINGTON. May ls.-As I'D ?. "A.
the senate took up the war revenue ps1'.
.rs.an sad that as the blu came from
..e,s,ss i was al internal revenue meas
" VI - As reported 10 the senate II was
90 a. internal reve.s1e MEASURE COM
.s~s,ivsly. said he, there are no PROVISIONS
= : Tor increase OF customs duties. he
"a .sat the finance couarnsttee had care
49,. Examined all OF the schedules OF the
-. bfIl and had beeB led 10 believe that
ssasaufes A. fstamp taxes) and b tproprie-
ssrv artsciesJ were too genera IN scope
s.auseorenfIy they had been Amended. on
re- beer and tobacco taxes IN scneduies
ara n and OF the tonnage tax matter
- earnrr.litee was substantially a unit.
s,...n ssia further that IL the commit
8 -. mere was no differences OF opinion as
y .hs necessity Of the bill. It was pure.y
war revenue measure. with View 10
.~.srtatnlng how much money would be
..ausreA TO run the war during the next
go year. although ne expressed the hope
that i, would last only few weeks or
o. months at most. Allison said the
~aunm.ttee had obtained the best possible
.sslpa,es from the secretary OF war and
thA secretary Of the navy. Secretary Al
- ,st.nated that his department would
ssed IL. 81, 80. To this sum must be add
"A ri least SIS e9S 900 10 pay the expenses
1u1horxed by congress after the estimate
rss made.
- estimate OF the secretary OF the
narr a expenses OF his department for the
sau,e period was $3.50. ESQ. but In addition
to this sum. the amount carried by the
resai appropriation blu must be consider
"a q part OF the expenses OF the navy.
IL addition 10 the $50 90 90 already APP
pfopr.ated as a war fund. which Alison
announced. parenthetioally. had been ex-
pended, ths forthcoming deficiency bill
xossld carry deficiency appropriation for
fbe current year of about $3s. Coz. 600, and
there Is O naval deficiency OF about 49,
fsz0a.
Tia senate finance committee therefore
figured that IL would require total OF at
least His 900 TO pay the expenses of the
war from the present time until the LIST OF
July 1899. rot taking into account any
emergency expenses that might arise a:
any moment. Allison then carefully anal
yzsd the ordinary receipts and expenditures
Of the government. In the course OF this
statsmen. he expressed the opinion that
TIE estimate Of the secretary of the treas
Try that the present tariff BIN would this
year raise So. 1000 was too high. In the
present circumstances and conditions he
doubted whether the bill would produce
more than slse $1,000
me important question, ne said. was
how much money should be provided by
taxation. and how much by loan. In COM
rsittes he had been willing to increase the
revenue feature so az TO insure sI2s ,0Oo. 900.
os this point the committee on finance had
been divided, some members desiring 10
raise as much as or more than $50 900 coo
aHd be thought that the bill would produce
this amount. irrespective of the Demo-
cratic amendments. Indeed. he thought
that the blu as agreed TO by all the men,
hsrs would produce even TO exceed tie
uaus. while he thought the house bin
would not produce to exceed fIa5 Oo0.0Do
taking M the amendments inserted
sitneat fhe cooperation OF the Republican
Hsmoers Of the finance committee and
sSosn as the Democratic amendments. AL
tson expressed the opinion that IN addition
70 tae greenhack and seigniorage provi-
SONS these would yield So oe0 900 In the az
fregats. in addition 10 the estimate of sl50
esVn already given. His estimate incl,d-
ca from s9.ee. coo TO $4,000 on Transports
ton companies, s7ao0po on telegraph COM
pan!es, sso1oooo or a.oc0coo on Insurance
companies. sla, Oh, 600 on banks and SIS. ooo. :
% on corporations
Altiscn criticised with considerable se-
verify the provision for taxing corpora
Tons. saying that IL would be especial,v
severe on stockholders In small corpora.
..ehs, ana that II was also liable TO cause
ceuale taxation. In conclusion Allison sass
y was one duty or the senate to authorizes
NE secretary OF the treasury to borrow
rom nme TO time $500 600 900. or so much
usseof as might be needed for war pur-
pases exclusively. and 10 issue 3 rer cen,
neacs therefor. Il was also the nurpose
aushoFize the secretary Of the treasury
70 g issue certificates OF Indebtedness for
e''"esV 10 meet any deficit in the run.
Alns espenses ~ the government.
waite or California said he wanted 70
saa tae sennte's attention 10 the Fac. tina,
sas psopr'ety or placing an equitable tax
upon the oil refining interests. the sugar
uast and other great monopolies won,a
forced upon the senate. The idea was
% pace some OF the burdens OF the pres-
saS was upon those who were able 20 hear
.asn. as wal a. upon those who use a
Msie tobacco or take an occasional glass
Il beer s'"''
norman et Maryland inquired If the bin
nporttd 10 the senate did not levy a