The daily state chronicle. [volume] (Raleigh, N.C.) 188?-1891, 1890-05-14
THl NATIONAL UVNGRESS.
TnE SILVER BEE. II TiiE
SENATE.
The 'Fariii Bill still iIas the Attention.
OF the unuse--And Causes Dreezy
Debates ia a'has ESody.

81 ihc houses y nd Causes l;recZy
Debates ia rhas Body.
WAtHINaroN, May 18th (Scnate)-
In the Senate to-day the discu ,iol, OF
the silver question was coutinued.
Mr. Joroa, Of Nevada, continued the
speech began by him yesterday. lie op-
posed the idea Of rod, erning treasury
notes in billion. In conclusion he said:
~ PIE 'ct, Mr. President, that the
restoration of silver 70 lis birthught
will marx an epoch n TIE history of
this repnbut 1t will increase the wa
ges Of lrbnr aud the prices of the pro.
ducts II !,abor; it will reduce the price
ot 30 IL, and otner forms Of money fu
ture,; u viii tighten but 10. inequ,tably,
tie barl.u OF mortgagss; it viii III
cr lsa largely, thou2h no. unjustly, the
drbt.pu, tx and tax poying power of the
ptopie; n VIII loosen the grasp of the
CREDITOR from the neck of the debtor
The lfing 40 Of silver 10 its yightful
plano hy the side of gold, viii set III mo-
ton All no !a.eut energies Of the peo-
pie
SIR Jo1cs, OF Atkau as, addressed the
Spugto III criticism OF toG bonding bill
Tue Itycr question, he said, was one of
the greatest importance. It's magni-
tude could scarcely be over estimated
yet Just now it's greatest Importance
came from political considerations. The
demonstration of silver had been an
integral part of great economic syS-
I'D n1 "a nd fyu fai
by The republican party in utter dis
"egard OF the general interest Of the
county.
House.
WAsuINGToN, May IS. The House
net ~ IL o'clock to-day, and after the
transaction OF some routine business,
vent into committee Of tho whole on
he tariff bill.
Mr.. Mcmillan, of Tennessee, moved
reduce the duty on ammonia. He
aid he could see no reason why this
article Ct necessity TO the farmer should
be 80 heavily taxed.
Mr.. Mckinley, III opposition, stated
that since the tariff had encouraged
competition in this country, the price of
ammonia had been reduced from 20 TO
{ cents per pound.
Mr.. Butterworth said that the price
OF M article was reduced on account of
Improved .netnOds OF G3r niacture. He
never doubted that the protective sys-
tenn was wise and had scattered bless
Jugs on the land from shore to shore.
Tie country. in the election OF Harrison
aud the Republican Congress, had de-
cla1el uneuuiyocaly i'll favor of sustain
4. 4 Z tl,t, q .,.tty
TEN The conf ct in 1888 had not been
between schedule rates, but between
economic policies. The Democratic
policy was well known. It was that the
tariff should be levied for revenue only.
The Republican policy was that the tar
III. whether high or low, should be so
adjusted as to establish and protect
American interests and industries IN
competition with the rest OF the world
Did that policy mean to remove the in
eoualities which existed between indus
sries on this side of the water and in
lustries on the other, or did it mean tc
shut out all importation.
The committee had tried to do the
BEST it could in framing the bill, but II
vas not always safe to rely altogether
upon ;he testimony of the beneiiciarie'
under 4 law Applause on the Demo
cratic side lie mad indicted his belle
respecting the proper function of tarif
act and would sooner resign his sea
tnan depart one hairs breadth from tina
belief.
OF course he respected the wisdom o
the committee, but why was Paul favor
"a and Peter turned down! Why IN
crease the profits of certain classes? H
could name capitalists whose profits ha
exceeded those Of all Of the agricutur
lists in any state of the Union. Ar
Dlause on the Democratic side.
If.when we had protected equally an
lifted up all our industries, and tn
lme should then come when we coul
not hold our own-being the most lnte
.ieent, the freeSt and the abie5t pee
Dle on earth, then we had better retlr
from the field. Democratic applause. Nj
Butterworth proceeded TO expound b
views touching reciprocity with Canad;
There were some things in the bill
aid not like. He had known Of an il
dustry that had been able to make $50
600 900 dividends on capital OF 81
2jO 900.
WAY the country could in such cas-
better.saia Ar .Butter1or orth, afford tokee
,ho.e men in the Fifth Avenue Hote
New York, pay their board and expel
ses and set them up in the bankil
business. lie favored proper prote
tion, but these men held the world
their grip. He was anxious that b
party should not take false step. !
did not expect to participate much
tle deliberation Of the House hereafte
lie was quite as ready to % out as
democratic friends were Xious to
rid Of him when they gcrtymander
him out. He was ALREADY out peio
they took that action.
After further debate by Messrs. Hate
uf Missouri, and Dingley, or Mail
ir. McMlllan's amendment was
lected :.
Mr.. O'Ferrall, of Virginia, readin!
list oil excessive duties said the duty
leadv.made clothing was in the inter
u Postmaster General Wanamaker.
Mr.. Mcmillan, of Tennessee, attack
The paragraph relating to others, a
asked for an explanation of the fact Il
n he case,of those ethers not impor,
tue committee had graciously mad
reduction of 30 per cent, but had
Preascd tho tax on those etherS ii