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The Senate Tariff Bill

The Senate Tariff Bill image
Parent Issue
Day
11
Month
October
Year
1888
Copyright
Public Domain
OCR Text

Washington, Oct. 4. --Senator Allison, rom the Oammittee oo Flnsnoe, reported back the House Tariff bill with n amendment in the nature oí a ubstitute. It was placed on the calendar and ordered to be printed. According to the estimates made by he committee, the bilí provides for a total reduction of about $75,000,000, made up approximately as follows: Sugar, Í27, ■ 59,000; free list, Í6.500,000; tobáceo (inernal revenue), ÍÜ, 500, 000; alcohol in the arts, $7,000,000; other reduotions in customs, 58,000,000. The bilí embodies ao entire revisión of he tariff schedules and the anministrative eatures of the present law proposing the re-enactment of all such features as in the ovinion of the majority of the eommittee ought not to be changed. The ree list in the Senate bill is very short compared with that of the Mills bill. Among its most important items are currants. jute and otner manufacturedfibrous eubstances and grasses, crude opium and certain chemicals. The cut on sugar duties s far below ttiat made in the Mills bill. 'he duties on wool and manufactures of wool are raised somewhat n nearly all the items of the schedale. The schedule of metáis is 6Üghtly lowered. The rates on earthenware and glassware are also slightly reiuced. Alcohol to be used in the indusrial arts is relieved from the puyment of Bn internal revenue tax, and provisions are made for bonded warehouses and other guards against fraud. The tobáceo taxes are mainly wiped out, with the exception of taxes on cigars, cherootsand cigarettes.

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Subjects
Old News
Ann Arbor Register