The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1892-05-18
IN THE SENATE.
Naturalization Of Steamships-Republic
ans Insist on Building the NAVY.

ans Insist on Building the Navy.
WASHINGTON CRY, May lin the Sem
| ate Chandler introduced bill to authorize
| the registration of certain steamships as
vessels of the United States. Referred to
| the committee on commerce The pre-
! amble recites that Austin Corbin, of New
York, and associates proposed to organize
| company to be known as the American
| Steamship Company, with a capital of at
| least SlO,O00.000. for the purpose of con-
| structing and purchasing first-class pas
senger steamers to run between New York
and port or ports of Great Britain. and
provides that all vessels owned by such a
company of not less than 1000 tons, cap
able of a speed of not less than nineteen
knots an hour, acquired by purchase or
otherwise after the passage of the act,
shall be entitled to receive American
registers in accordance with the condi-
tions of the act of May 10, 1892, provided
the company shall show to the sat
isfaction of the secretary of the treasury
that it has built or contracted to have
built in an American shipyard vessel of
equal or greater tonnage with such for
eign built ship, until the company shall
have acquired and applied for the registry
of at least two such foreign built ships,
with specified capacity and speed.
The naval appropriation bill was then
taken up, the pending question being the
provision for increase of the navy. Nc
Pherson. who on Friday last offered an
amendment to strike out the House pro-
vision for an armored cruiser and the Sem
ate provision for battieship and provide
for three instead of one harbor defense,
double-turret ship, of monitor type, modi-
fed the amendment, leaving the number
of monitors at one. Higgins of Delaware
favored increase of the navy, even if it
involved increase of the national debt
Villas of Wisconsin said the amount of
naval appropriations now imposed might
not Improperly be described as APPALLING
and he did not think the Senate should
go further toward increasing the navy
under the present circumstances than the
House bill provided. Vest of Missouri
said he would vote against the proposed
increase In every shape and form.
Allison OF Iowa, chairman of the appro-
priation committee. asked the Democratic
senators to indicate what statutes they
would repeal IN order to reduce the appro-
priations now necessary. Vest replied
that he would repeal the sugar bounty
law and the postal subsidy bill. Allison
calculated that the amount this would
save would be about S. COS. 900. and said
the country was asked to elect a Demo-
cratic president and Senate in order that
the sugar bounty and postal subsidy laws
might be repealed. Vest replied: THAT
would just be starter" Allison referred
to the condition of the public treasury,
and among other things said:
To the senator's who are distressed about the
sinking fund at this time l viii saw il has ssa.
100000 70 its credit. and the chances ara that be.
fore the fiscal year every dollar tina, ought 10 be
applied 10 II Tor the year, within few mil
mems at least. will be applied To il When the
nscal year eads We viii have instead OF hank
rnpiey, s-S,ooo.oca surplus. and probably SO.
10 That i the latest estimate, and have no
DOUBT we VIII Keep within it will venture
hly statement on the s15oe0,u10 and say every
requirement OF the treasury will have been SAL,