The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1892-01-15

fund and interest on the public debt and
extraordinary charges for pensions, there
remained more than 500, 000 600 increase of
appropriations by the Fifty-f1rst Congress
over the Fiftieth. The average increase
from the Forty-fourth to the F'iftieth had
been about S30,000,000. On the 1st of July,
1890, there had been in the treasury a sur
plus of S145 0OO, 0Oc What had become of
its To-day the cash in the treasury was
S35.0J0,000, and this included subsidiary
coins. One hundred and ten million dol
lars surplus had disappeared under the
operations of appropriations made by the
Repu oil cans.
Referring to the refunding of bonds,
Hooker, OF Mississippi, inquired if the
pay the bonds. Why did the secretary
ask holders to extend them at per cent?
Dockery thanked Hooker for the sugges
ton and and added sarcastically that he
resented the insinuation of the entleman
from Mississippi that the secretary did not
take up these bonds because there was not
money. Had not the secretary said in an
interview that it was because he wished to
demonstrate the
EXTRAORDINARY soUNDNEss OF THE GOV
EMINENT
by showing it could float a 2 per cent
bond. But the controlling reason for the
extraordinary ardor for the condition of
the treasury was the fact that it would &C
commodate the national banks and prevent
the expense on their part of exchanging
bonds and As at premium, and this by an
administration whose most distinguished
official had in Maine, in 1888, denounced
Mr.. Cleveland because he deposited money
in national banks. Under Harr,son's ad-
mlDistration Sl5,000,0O0 remain in the
national banks.
In the estimates not one dollar was
estimated for rivers and harbors because
there was
DEFICIT OF S35, 900, O00
Dingley questioned this statement and
quoted from the report of Secretary Fos-
ter.
Dockery replied the estimates prepared
by the clerks of the Senate and House
committees on appropriations showed this
deficiency. 1t was not shown by the sec
rotary because he proposed to disregard
the requirements of the sinking fund act
for the next fiscal year. That explained
the discrepancy. The pension estimates
were the same as last year although Con-
gress had last year appropriated ten mil
! lions more than the estimates. Twenty
five million dollars was allowed for rivers
and harbors, tie deficiency would amount
to S57 10000 He would take the pride
out of the treasury by showing the ex-
hlblts were increasing the expenditures
and decreasing the revenues, although the
Republican party was responsible for it
but he wanted to impress upon Democrats
the necessity for great economy.
Lewiston, Of Georgia, alliance member
said from one end of the land to the other
to-day there existed more restitution anC
distress than was ever before known il
the history OF the country. 1t was
TIME FOR CONGRESS TO CALI. HALT
in making unnecessary and reckless appro
priations.
Hopkins, of Illinois, opposed Holman:
resolution. Gentlemen could not afford t
vote for it if they meant government
aid to the Worlds fair.
McKeuna, of California, opposed the res
olution as useless and misleading If i
was an attack on the sugar bounty tina
was removed from controversy in THU
house. If it had reference to the Nicar
augua canal, he did not think the Demo
Gratis would be found left on the question
Bolivar, of Iowa, also opposed the resolu
ton.
The time limit having expired Holman
entered a motion to reconsider the vote By
! which the previous question was ordered
II 1t was found desirable, said he to make
the language of the second resolution more
explicit it can be done tomorrow.
'Does the gentleman withdraw for re
pairs!" inquired Mr.. Reed. Great laugh
teri.
Eyes, sir,'' replied Holman. 81 ask tina
it go over until he introduces his bill plac
ing wool on the free list.'
Owens, of Ohio, objected and the hous
adjourned.