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Show Washington Letter. (from out Ilrgiilar Cotrnpoddcot; Washington, I). 0., Dec' 8, 1S93. "Tanner Hatch" has a scheme of taxation that bids fair to add to tho troubles of tho majority of the bill for Internal revenuo taxation, the latest estimate being that at least 160,000,000 must he so raised, "farmer Hateb" Is tho gentleman who as chairman of the Houso committee on .Agriculture jtss, during the Fifty-second. Congress, In in charge of the anti-option bill, which cemo so near becoming a law. ''Farmer Hatch" is still chairman of the House committee on Agriculture and ho bas not given ushopoof seeing the anti-option bill hecotno a law-, hut his new scheme will stir up the bujl and bests of the various stock exchanges to a much greater extent than did .that measure, and if It meets with as much favor i rem tho members of the Ways ind Means committee as tt already has from Congressmen outside of that committee, com-mittee, It may find a place in the new intertill revenuo bill. Mr. Hatch proposes pro-poses that In lieu of an income tax a small tax, say one-twentieth of ofle per cent, be put upon tho transactions of the gicat speculative exchanges of the country. coun-try. Ho argues that such a tax would bring n larger revenue than any of the propositions for an income tax; that it would be easily collected, becauso all the transactions of the exchanges aro recorded, re-corded, and that it would not be burdensome burden-some to either producer or consumer. The lobby cent hero to fight the anti option bill famished some fat pickings 'or the impecunious, but if the propo sition of Mr Hatch should be adopted tho wealthy exchanges would probably send tho strongest lobby that was ever in Washington to sccuro Its defeat. To those who have never been able to see tliat ipeciilatlve exchanges are of the slightest benefit to the country, either materially or morally, the proposition to tax their transactions appeals strongly. Kopresentatlvo Bland, of Missouri, los no tiino In showing his critics that he meant business, nnd not a bluff, about his proposition to rconact the law of 1837, w hich was repealed in 1873. He has Inttoduced a bill to that effect, and, that bill is now- before the Coinage committee, of which Mr, Bland is thainrian, and Ws Is confident that It will hi reported Ho the House, notwithstanding notwith-standing President Cleveland's oQlcial request tliat financial matters bo leta-lono leta-lono at this session. Mr. Bland rays thcro has been a reaction in favor of silver since the people bavo seen that it was not responsible for the financial dopieion, and that the sentiment in favor of restoring silver to a parity with gold is on tho increase It is not Mr. Bland's purpose to antagonize the tariff bill, but as uoon,as thattnessiire is outof tho way ho will do his boil to push his silver bill through. Lotus bo thankful for small favors. Tho fight on tho tariff, although it will be red-hot, will not be necessarily prolonged, pro-longed, tho republican Senatorial cauces having decided that no bush-whacking is to be resorted to for tho purpose of delaying the vote. It is, unless present itidieatloiis are at fault, to bo a short, sharp and decisive tight, and the side witli the ino6t votes tv ill win The republicans of the Senate havok (teer-ing (teer-ing committee, of which Alliion.of Iowa, is clmirmin, nnd Dubtos, of Idaho, secretary. They will enter the tariff light with a thoioughlv united party, and will In that uspeet liavu the advan-tigc advan-tigc nf the democrats, but tlio dissatisfied dissatis-fied deinuorit.i nro n t apparoutly uumeiova enuuLti to ihnuiro the reeu't. lu fict, there are reasons to believe that their talk lias no other object thuii that of s cuiing some modifications of the tariff bill ns It no is, and that It will end in lull, whether llicj gut the moditl-citiona moditl-citiona or not. It is now stated that the tariff bill will not bo reported to tio House until about tho 13, Inst,, and tjjat the internal revenue will be ready about tha same time. Tho delay is now altogether, to allow tho republicans of the Ways and Means commitUoto prepare their repoit agninst tho bill ; the report of the majority major-ity has not been reported. The sharpshooters in Congress have nhoady begun to flio bills and resolutions at tho policy of tho administration on pensions and on tho Hawaiian question. rumor b current here that IVosldent Cleveland has concluded not to rnuko any blither efforts for the restoration of tho Queen, and that he will, In a special mensago, furnish Congress all the information infor-mation in his possession and leave to it straightening out of the preceut tangh , Had that lxen done In tho first place It would have been betjer for all concerned and tho tangle would probably novor have existed, |
