Fort Worth daily gazette. (Fort Worth, Tex.) 1882-1891, 1888-01-02
WASHINGTON.
Tho House VIII Pass a Tariff Bill and
the Fight Will Begin Immediately
After the Holidays.
Khe United States Must Stand BY and See
tho Mexican Government Borrow
Money from Europe.
THE TARIFF FIGHT.

| THE TARIFF FIGHT.
WASHINGTON, Dec. 29-The Star thi
evening commenting on the probabl
tariff fight in the House this winter give
the following reliable information on thi
important subject:
1t ls probably as certain as anything IL
toe future can be, that a tariff bill viii
pass the House this session. There vii
De fight. 1t will begin almost 81
soon as the holiday recess is over
The "plan Of campaign" adopted a
Oak View win be carried out. 1t con
sists of q series OF sharp battles and re
treats. The ms lority of Democrats vii
start out to get as much tariff reduction
and as little protection as they can. Blu,
they are prepared to retreat sooner thar
take defeat. Whenever they find thai
they cannot get what they would like
the' will compromise, taking the besl
tn = can get. They will follow this plan
tn oughout, compromising as to every
d all until they have secured bill tina,
C n psss the House.
While starting out with the avowal OF
| pIlUClDlS
and maintaining that position to the last,
they will go SO far In their concessions,
probably. as 10 accept bill for which
Mr.. Randall and his followers can vote
without doing violence to their protection
theories. Yet it is expected to get q bill
that will make a considerable reduction
in the revenue. The proposition going
into the committee viii be for pretty stiff
| - RQd raS0 wit,
ton OF protection principles. Its manage
ment, it is understood, will be directed
By Mr.. Carlisle as much as If he were the
chairman Of the ways and means commit
| tee. The committee go into their work
With their course already marked out Tor
! them.
Mr.. Gay will go On the committee to
represent Mr. Randall, unless the Speaker
changes his mind, and the two factions of
the party Will probably come to an un-
dersSanding of what is to be done
before they get into the House. The
bill be will taken up lem by Item, end an
agreement or s compromise reached at
each step. Probably no one reduction
will be made just as first proposed, but
each item will probably remain in the bill
in modified form. A great effort will
be made to consider the matter dispas-
sionately, and not to insist upon any
thing that would cause serious disa-
greement.
Mr.. Carlisle and Mr.. Randall have talked
the matter over very carefully, and they
both expect that an agreement will be
reached, and that they Can pass over their
differences Of opinion without remark.
The bill will certainly not be all that is
desired, out the President and the msior-
itY Of his party can truthfully assert that
they have tried to 60 further, and that
they have done the best they could. The
important point Will be that the revenue
will be reduced.
AS to the surplus that Is already in the
treasury, il will be the administration
policy to let il stay IS bank account
against necessary demands, and as long
as it is not growing larger it will not be
dangerous.
The chances are, however, that both
houses OF Congress will psss bill max
ing pretty heavy demands on it. The
Blair educational bill is almost certsin to
pass through both houses of Congress
and be sent to the President
It was defeated in the last Congress
through sbeipg smothered in the COM
mittee and buried In the calendar. This |
plsn can hardly succeed again. It is |
aim ost sure to pass. 1t is about as GER |
tain of being vetoed by the President. |
The President has intimated as much |
quite broadly, and some who ought to |
know his views on the subject declare the |
bill cannot get his signature.
TIE chances for large expenditure for |
are not promising. The ap-
will be kept as low as pos
sibls In all branches.
MRxICo's LOAN.
WASHINGTON, Dec 29.-The Washing
ton Critic in recent editorial anent the !
Mexican loan says: There is no way that
we are aware of to prevent Mexico from
borrowing $50, 000. 900 in France or Ger
many any more than there Is to inhibit 8
French company from digging canal
scross the American Isthnus Of Panama.
Yet it were better for the United States,
perhaps, were Mexico to fail in the pro-
posed negotiation.
So long IS foreign creditors hold a
mortgage on any portion of the continent
between tie Rio Grsnde and the Isthmus,
the enforcement Of the Monroe doctrine
remains liable to dissgreeable obstruc
.iens.
The foreign occupation, seizure or pur-
:hose OF Mexican or Central American
states would furnish a::direct and tangible
ssue for contention. Not so the making
( foreign loans to these countries any
nore than other purely commercial trans
Ictions.
To this We cannot enter protest. It is
lone of our business how much Mexico
nav borrow abroad, but when we con.
ider that this money is to be borrowed
n part to pay of other foreign bondhold-
RS, and that the foreign Indebtedness is
till to be perpetuated, with the posi-
'ility some day that unpaid and imps-
lent creditors may forclose on the Dor
over, the interest of the q aited States
q the matter becomes apparent.
1t were in many respects to be pre-
erred that Me xico, IL in need Of money,
ould obtain financial assistance from
.mericsn capitalists instead of going to {
,arope for it. Every loan she thus OBJ I
sins but adds new complication to {
fairs and defers the realization of that '
lose commercial and sympathetic rela- {
opship which ought to exist between {
ne United States and all our sister re- {
uolics. |,