Rensselaer Republican, Volume 20, Number 28, Rensselaer, Jasper County, 15 March 1888 — Randall’s Revenae Bill. [ARTICLE]

Randall’s Revenae Bill.

Mr. Randall submitted his tariff reform bill to the House, Monday. The tax on all kinds of tabacco ia abolished

after July Ist, as are also all taxes upon spirita distilled from apples, peaches or other fiuits. All laws which impose special tax on wholesale or retail l quor dealers, all kinds, are repealed. E trthen and glassware duties are reduced; pig iron is unchanged; rolled, flat or round iron bars from 45 to 1 2-15 cents per pound. No iron shall pay a duty of lets than 35 per cent, ad valorum. In wood and its manufactures the same reductions are made. No change is made in the duty of sugar; slight reductions are made in cotton cloth. Woolen goods aie unchanged.. The estimate reactions under this bill will be: On internal revenue taxation repealed, $70,000,000; estimated reduction on tariffachedules, $25 000,000. The bill is fully twice as long as the Mills bill, and relates to many more subj-cts. '