The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1890-06-05
Dealers in Foreign Fabrics Op-
pose Mckinley Bill
SENATORS PROPOSE CHANGES.
Hoasc Caucus Shows . Wide Disagree
menf on silver Bill



ton OF about 100 importers d various ar
sicies, including silks. wool cloths. glass
ware, ETC.. from New York. Boston, .Phila-
deiphia. Chicago and Cincinnati. appeared
before the Senate finance committee. and
made strong protest against PASSAGE OF
the Mckinney tariff hiH. J. ~. Constable.
OF Arnold. Constable q Co. was chief
spokesman for the delegation. He pre-
scnted formal protest Of the importers Of
New York. And the members cf the dele
CATION also entered various proessts against
the bill. The hearing WIS then closed
senator sherman responded ~ the COM
mitfee, saying that he had teard the
speakers with interest. and vo1d give due
consideration to al that had ben said.
The printed protest presented TO the
committee BY Constable, ID signed By 455
mercantile firms Of New York city. II
protests against the passase Of the bill for
the following reasons:
First Because Il IL wholly unnecessary. Tho
country no longer needing revenue from such
uncalisd Tor and unjust taxation
Second. 1t docs not accomplish It's purpose.
Third. Its unjust in that It dscfiminates In
favor OF the rich against the poorer class
Fourth- II hancicaps trade.
Fifth. It retsrds the progress of the nation,
the welfare OF the whole country. and the per-
manent good Of the manufacturers themselves.
who require reduction rather thaa an increase
Of tariff duGies
sixth. The administration bin Increases tho
revenue by many millions OF dollars
Senator Sherman to-day proposed and
had referred to the finance committee
as an amendment to the tariff bill, the wool
schedule prepared by the National Wool
Growers Association. Senator Washburn
also proposed to amend the bill by putting
white pine timber on the free list.
The Republican representatives went
into caucus Immediately upon the i'd
journment Of the House this afternoon to
consider the silver question. Il had been
announced IN advance By the leaders that
the real purpose Was . conference rather
than : formal caucus. Il was suggested
that there was no definite proposition
before the caucus. 90 Representative
Buchanan submitted . motion that ths
caucus bill. as It stood. b. reconsidsred.
Much talk followed and there Vas devel-
oped diversity ofvtsws.
Representative Walker submitted .
proposition which in effect proposed refer
snce Of the I'LL back to the fosmer caucus
committee, with instFncff0na& - repost
: bill which will place Eold md silver on I
par by allowing the issue Of certificates to
an unlimited extent. on deposit Of either
metal 1t the market value. Represents
tive Dorsey Of Nebraska submitted Is 4
substitute for the caucus bill the draft OF .
bill which he proposed to introduce in the
House. 1t provides that any holder of
American silver may deposit il in the
treasury and receive full legal tender certif-
icaies on the basis of the market price Of
SILVER: that sufficient bullion be coined to
meet the needs OF redemption, and that the
national bank note redemption fund shall
be covered into the treasury.
Representative Perkins. mono-metaliss,
in vigorous speech. noted his objections
TO the bullion redemption feature OF the
caucus bill.
Finally Mckinley came to the front with
compromise proposition. He proposed
that the treasury purchase $4.500,000 worth
OF American silver each month; that GER
tifcates in payment therefor shall be full
legal tender. redeemable in lawful money,
and that silver bullion may be coined to
meet the demands for redemption. His
proposition includes the redemption fund
feature OF the Dorsey bill and also q pro-
vision that, when gold and silver reach par.
there shall be free coinage 1t onIits the
bullion redemption provision of the caucus
bill. and was therefore Immediately assailed
by several members on that account. A
vote was taken. resulting in its insertion in
McKinley's substitute.
When the caucus adjourned there was q
good deal of confusion in the minds OF
members as TO whether or not they were
bound to support the caucus proposition
The committee on rules will decide when
the bill is brought into the House.
Senator Allen today presented amend
ments intended to be offered by him to the
river and harbor bill. directing the secre-
tary of war to cause survey 70 be made OF
ShoaIwater bay. In the state OF Washing
ton. from and including its entrance to
South Bend. about two miles up the
WiIlapa river. and To direct the engineer
making the survey 10 report as to the most
feasible, economical and suitable plan for