The daily state chronicle. [volume] (Raleigh, N.C.) 188?-1891, 1890-09-03
TIE NATIONAL CONGRESS.
AND TARIFF IN
THE SENATE.
The House In Financial Tansle..
some Assert There Will be a sur.
,lu...Othcrs Predict Deficiency.
lBy nited Press. ]

Senate tbs morning Mr.. Sawyer from
tse pGs,otiice committee reported the
House aa.i lot,er! bill, and gave notice
,5a. lie voa,d ask for is consideration
r. ssaa as The tsrit Dill was passed.
taa tariff oil WAS then taken up aud |
t.s ,a-ls schedule was considered Mr.. |
....,,.. .av. aot,ce thar be would move |
g. s.r.ss oa; al. The paragraphs relating
10 a5s..sss.
Y- .s offered the reciprocity |
1.- u. which tie gave notice, and |
.g.ta 81. sarVerf .t. II Scu>>ion cf re- |
e3p.e.'s, Isl, had resulted IN graSe
ais. rs.t ...- -: suggestions from eminent
msg ii tie country. WG0eYer had seen
t.s .ea.Ga, falling of of American trade
w... sa'ral and South America, and
the :,saas u the sea, had witnessed
chose conditions with The greatest inpa-
tie l-e peop.e Of al those coun.
er. LAi "a COMMON interest with the
ne O. the United states.
A.ad.1L 70 the late Pan American
&. .re,s, Mr. Hale said that il proved
{. J.. the same considerations which had
t...r !. aIecee N the CDited States were
S. moving IL tie mind OF the eminent
Mea from the sister republicans who
took par, il the proceedings OF that
congress, ana that they pointed TO one
.sre. ..al.e end--the increase OF trade
.-, commerce between the United States
I'D those people.
Mr. k@u-a spoke a. length on the gen
ara. su5j-e: ot the tariff protection to
AZ eric Z industries He said it had been
!a.yred .y tee beueiciarles OF that prin
c.pe il Gle form or another on the
foundation O. TIE govern meut. But the
loF5r has been generally derived iudi
rsg..y from the general power Of taxa
U.u. PA,t.eS have been slow 70 assert
rs their representatives. have been slow
t9 execute q .evy upon the earnings CT
the masses .o- the direct and avowed pur-
pa.eot earching selected and favor
I'D class No tariff bill was ever
,a,.e. on that ground. Every tariff
enactment 70 the beginning of the
e.y.. uar was limited by the purpose 10
,a..sc. only enough duties o support the
government. No political platform ever
yaa.aeed beyond this depth, until in
SIS. .us Republican party, confronted
uy tAs -a plus accumulated under Cleye-
..La., aa-. q, tgatton coupled the idea
o.. revision with reduction OF the rev.
e-a@ by tie exclusion OF foreign com
rt.t.Jr From the f.S. tariff duty laid
.ls.. cOE, i is true that the system is
!. !4I uot for the advancement OF
.at.. but for the eStabllshme and
Za4teuaEce OF manufactures. But 10
r.. from 1859 10 1861 advocated fol
protection. in or out Of Congress, exac
ions which approached the rates OF tie
f-aseat law. The enactments Of 1860
1861. 1864 and 1867 were made TO mee'
the eAlgencies and consequences of the
w.- declared 10 be bat temporary anc
TO for the simple purpose OF protection
SIR. Allison made a long statement
about rec ipts aud expenditures Of tht
government, and Of the probable effect Q
the tAriE bill on the finances, reaching
the conclusion that the expenditures 70
the current fiscal year would be abou
$l.l. 900. 900. The revenue for the yea
be estimated at $3.50, 000 900, and If tn
tariff Dill was passed be figured out
decres4 Of thirty-three and a half MI
hals in revenue # sugar was put on T.
list, thus leaving d surplus OF httee
millions at the end OF the year.
Mr Gibson offered ar amendment t
the sugar schedule by adding the word
syrup OF beet, sorghum or sugar cane,
aud made an argument against th
sugar bounty proposition.
Pending further discussion the Senal
at ) 80 took q recess till Sp. ID.
At the night session Of the Senat'
Senator Doph made a speech agaln'
reciyrocity. and Senator Vance made
speech Oh the general subject OF tt
tariff and in opposition TO the pendlr
bill. At 10 O'Clock the Senate adlourne'
House.
In the house TO day, Mr.. Cannon,
Illinois. took the floor and made stat
ment respecting appropriations made
this session Of Congress as compare
with similar appropriations while Il
House was under Democratic control.
Mr.. Cannon prefaced his statement |
saying that all the appropriation bl
had been enacted except the river al
harbor and the general deficiency bll
and these were ID such condition 10
the amounts contained il them could
accurately approximaeed.
The total revenues for 1891, includl
postal receipts he estimated at s467, Al
357 Taking from this amount, the
tai appropriatiations, left a surplus
SG5. a7g 475, and adding TO this I
BALANCE of net cash IN the treasur
fractional coin in the treasury and
amount for the national bank fund
Of 1890, made total surplus OF SIS
1904 Specified reductions from u
amount left net surplus OF $l6,9|
GG6.
"Should it be the policy of the g
ernment, as think it will be, ado
Mr. Cannon, ito redeem the $50, Ol
$50 Of 81 per cent bonds, 60 as to ca
Sis, 900. 900 into the sinking fund un'
its requirements for 1892, the net
plus is as shown above will be lncrea
by that amount 20 $64, ,974, 666. J"
Mr.. Sayers, of Texas, submitted
views of the minority of the appropl
tiors committee, reviewing the fs
situation from the Democratic sta
point. The minority place the age
gate Of appropriations for the curr
nscal year at $46l, ,s44, 779, as agai
$45O,4l4,3 ,337 revenues, thus max
the excess of appropriations o
revenues 1,430,4 ,442. Dehclen'
they say will be unusually he
this year. In the matter of pensl
alone S44,9O4, ,394, and in conclus
confidently venture the opinion, t
a A.