Telegram-herald., 1890-05-26
WASHINGTON ECHOES
Ire Passage of the TariH Bill
Through the House.
COMPTROLLER LlCETS REFORHS.
BeiknsB MAJ be C&adiaats Ak4in-
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WAsHDeI0s, May "a - When the
tar1 bIll Was introd iced n the House
some weeks ago, I made the prediction
thAt the 1Al would pass the House sub
stant.al-y IA the same shape n which i
sas reported. The vote taken on Wed
nesday justified my prediction. The
changes aade by the House have been
~ slight as % almost escape notice and
the majority Of the WAyssaud Means
Committee may well claim that they
have Won a great victory. The oldest
member cannot remember the time
when revenue h.l was passed without
a caucus beng called t0 consider Is
provisions. Dut ln this case there vas 40
caucus held, and the fact that the bill
could pass without 4 caucus shows
" tn what care and wisdom the COM
m.ttee worked. Although a great deal
.s now benz sad about the dlsconteat
tle OIL has created n Kepubl. .can ranks
&C : nevertheless = fact that the b.ll
passed q great deal easier than did the
alt bu Of 1883. Then there was 4
really very serious revolt threatened
ll the Republican ranks, and II my
memory serves me right, some five or
s.x Republicans kicked over the party
traces and refused 10 vote for the bill.
THIS time only one Republican and one
independent bolted. and the opposition
At 40 time was very formidable. Ii is
Little premature 10 this time 10 say
what the senate wall DO with the bill,
bat it .s the general belief that the
senate Finance Committee Will not
make any very substantial changes. In
the framing OF the bill the Republican
members OF the Ways aud Means used
the Senate TarF bil OF two years ago
as their ground work, and although
two years bring changes, the changes
are not great enough 20 make re-
casting OF the lines OF the bill either
necessary or desirable. There are some
features in the bill which the senate
VIII be asked tOchange OrmOdlty. buttne
opinion prevails that the O.u Itself wlll
not be radically altered. Mr. Burrows,
Who has had aS much 70 do with the
composition OF the bill as any one else,
IS very glad that the bill is out of the
House, a he viii now have more time
% devote % the interests OF his district
aud his own private affairs.
Comptroller OF the Currency Lacey,
who yOu know 3 \ Charlotte man, has
introduced some reforms IN h,s Office
which Will DO much 20 promote the
efficiency and safety of rs workings.
The Comptroller Of the Currency has
tne charge and supervision OF all
the national banks Of the country and
the currency OF al national banks
which Is 20 be redeemed or destroyed
has to pass through hs Office. National
bank currency when it's TO be destroyed
IS not burned up but Il IS macerated.
The notes are put In huge machine
and hy the a.d Of water ground into a
pulp SD that there 3 no chance Ot any
az the money being stolen instead Of
destroyed.
The maccrator IS iu the basement of
the Treasury building but the machine
made sO much noise when In operation
and shook the bulldDg sO thoroughly
that 10 could only bc run after office
hours. that i, after four O'Clock. As a
natural consequence money sent % the
Treasury for cancellation often had %
tc kept several hours before .t could
be run through tho m1cerltor. Tins
struck Mr. Lacey ss mn un0usIuoss Ike
WY OF dong t0Iags 1ud ne has had the
machinery taken ont and replaced
with new whc1 runs without notice
or friction. 1ud enables the macerat0r
t0 he used st any time during the day
without annoying the clerks ne the
building. w1O are nc work. Another
t1nr which bo has done IS 20 have the
clerks who are charged with the count
iux Of notes. winch come 90 the Treas
urv for redemption, % be pa-et be-
hiud wire screens as 3 the general Gus
tom u sl wei. regulated banks. Al
though these clerks have been u the
course ~ years handling millions n
money. they have never been properly
protected. and 70 only due o. good iucS
trrt hcsvv robbery ms not taken
place. It struck Mr. Lacey that Tins
was not the proper way Of dong
things. and he has had tle screens pu.