The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1892-01-15

surplus OF sl45, ,0o0,0Oo. What had become of III
Today there is in the treasury sij0e00n, and
fnis included subsidiary coins The $4,000 coo
surplus mad disappeared under the operation
oi shs appropriations made by the Republican
party.
referring TO the refunding of bonds,
dooKer OF Mississippi inquired if the
money was In the treasury with which to
pay the bonds. Why did the secretary ask
the holders to extend them at per cent?
Dockery thanked Hooker for the suggestion,
ana added sareastically that he resented the in
slnuation of the gentlemen from Mississinpi
.hal tne secretary did not take up these bonds
because there was not money in the treasury
had not the secretary said in an interview that
IL was because he wished to demonstrate the
extraordinary soundpess of the government by
showing that it could float per cent bonds?
but tue controlling reason Tor this extraor-
u.haiy action, aside from the condition
OF Inc treasury, the fact that it
would accommodate the national banks
ana prevent the expense on their
part OF exchanging bonds and buying AS at q
premium; and this by an administration whose
most distinguished official had in Maine in 1888
denounced Mr.. Cleveland because he had de-
poslted money in national banks. Under the
Harrison administration sl5,000 o09 remained in
the national banks. In the estimates not one
dollar was estimated for rivers aud harbors, be-
cause there was deficit of 100000.
Dlngley questioned this statement, and
quoted from Secretary Foster
Doekery replied that the estimates prepared
py the clerks to the Senate and House commit
tees on appropriations showed this deficiency.
IL was not shown by the secretary because he
proposed to disregard the requirements of the
sinking fuad act for the next fiscal year That
explained the discrepancy. The pension esti-
a lat zlel-
gress nad last year appropriated ten millions
more than the estimates. II 900 were al
lowed Tor rivers and harbors the deficiency
would amount to $57.000,000 He did not take
pride IN show ing the condition OF the treasury
that exhibited increasing expenditures and de-
creasing revenues, although the Republican
party was responsible for it, but he wanted to
impress upon the Democrats the necessity for
great economy
Hopkins of Illinois opposed the Holman
resolution. The gentlemen could not af-
ford to vote for it if they meant to give
government aid to the Worlds fair.
McKenna of California opposed the reso-
luton as useless and misleading If it was
an attack on the sugar bounty that was re-
moved from controversy in this House.
Ii 1t had reference to the Nicaragua canal
he did not think the Democrats would be
found united on the question. Dolliver of
Iowa also opposed the resolution.
The time limit having expired, Holman
entered a motion to reconsider the vote by
which the previous question had been
ordered. Fit should be found desirable,
ne said, to make the language of the Sec
ond resolution any more explicit, it can be
done tomorrow.
Does the gentleman Withdraw for re-
pairs 2" inquired Mr.. Reed. [Great laugh
ter.
Eyes, sir, !" replied Holman. 81 ask that
IL go over until tomorrow.
Leave was asked to introduce bill plac-
ing wool on the free list, but Owens of
Ohio objected and the House adjourned.