New Tariff and Income Tax Bill Passes Congress
The act outlines schedules of rates for chemicals oils paints glass metals sugar and textiles with specific ad valorem duties under McKinley tariff reform. It lists detailed duties on plate glass, bottles, nails, steel products, and various metals, aiming to fund new income tax structures set to take effect August 4, 1894. The full schedule enumerates items and values across Schedules A C E and J and includes free rates for some sugar and flax products.