Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1892-05-18

The Naval Appropriation mn In tue
senate.


WASHINGTON, May II. Senator
Chandler Introduced n bill 10 authorize
this resignation Of certain steamships
an vessels OF tho United States. Re.
fefrCd 10 tho committee on commerce.
Til, preamble recites that Austin Cor
bin Of New York aud his associates
propose TO organize n company, TO be
known rs the American Steamship
company, with capital Of Mt leas,
slO,0OO,O01, for tho purpose OF purchas-
ing aud constructing iirsi-class passcn-
ger steamers to run between New
York and n port or ports OF Great
Britain, and provides that all the
vessels owned by such company, Of
not less than 1000 tons capacity OF
speed not less than 10 knots per hour,
acquired by purchase or otherwise
after the passage vi tie act shall be
entitled 10 receive American registers
In accordance with the conditions Of
the act Of May 10, 1892, provided that
the company shall show to the salts.
faction VI the Secretary OF the
Treasury that II has built or con.
tracted to have built, In an American
ship yard, OF vessel Of equal or
greater tonnage with such foreign built
ship; alfo provided that no register
shall be isHued to "a foreign built ship
until the company shall have acquired,
nnd applied Tor the registry Of nj least
two such foreign Luilt ships, with the
81 e,iiied capacity and speed.
Tho naval appropriation bill was
then taken up, the pending question
being the provision for an increased
invy.
senator Mcpherson, who Friday last
offered AN amendment to strike out the
House provision for an armored cruiser
snn the Senate provision lot n battle.
ship, aud provide for three, instead OF
one, hnIbor defense double.turret ships,
monitor type, modified his amend.
ment, leaving the number Of monitors
at one.
Senator Higgins (Del.) favored an
Increase OF the navy, even II IL in.
vOlvod an increase OF tho national
debt.
Senator Villas said that the amount
OF annual appropriations now imposed
ON the country might not Improperly
be described no apalling, anu he did
not think that the Senate ahould 20
further toward increasing tho navy
under present clrcumsthn ces than the
House hill provided.
Senator Vest said he would vote
against the proposed increase In every
shnpe and form.
Senator Allison Ua.), chairman Of
the appropriations committee, asked
the Democratic senators to indicate
what statutes they would like 10 repeal
In order to reduce the appropriations
t.atu ft......afF
senator V,st'replled that he would
repeal the sugar bounty law and the
postal subsidy bill.
Senator Allison calculated the
amount this would save ut about
was asked to elect . Democratic presi.
dent anu Senate In order that the sugar
bounty aud the postal subsidy laws
might be repealed.
Senator Vest replied that that would
Just be a starter.
Senator Allissn referred TO the con.
iition OF the public truRsury, anu,
among other things, said TO the
Senators who were Distressed about
the sinking fund at this time; sit has
s3i, 100000 10 it, credit, anu the
chances are that before the end OF the
fiscal year every dollar that ought 10
be applied to 1t Tor tbs year, or within
few millions at least, will be applied
toit. Whom the fiscal year ends we
win have, instead Of bankruptcy,
Twenty-Five millions surplus, ana
probably s3O,0OO,OO0. That h the latest
estimate, and have no doubt that we
will. will venture my sta, ement ON
the twenty-five millions ana any that
every requirement OF the treasury will
have been satisfied, and that there will
be- twenty-five millions surplus on July
Let next"
senator Mills Tex said that the
report OF the secretary Of the Treasury
uld not coincide with Senator a llison's
statement ss TO the surplus.
senator HPwloy Comm said that