Bellows Falls times. [volume] (Bellows Falls, Vt.) 1856-1965, 1892-12-01

hoated-Lieut. Peary gets three years
leave of Absence-Rerer:s of Depart.
ments.
Especial for the BELLOWS FALLS TIMEs.l
WASHINGTON, d, c., Nov. 20, 1892
Democrats of the type of William M
Springer insist that it will be the policy
of the house to send to the senate more
of the pop-gun tariff bills, such as are
already in the pigeon holes Of the senate
committee on finance. The reason as
! signed by Mr.. Springer is that it is de-
sirable to put the Republicans on record.
MIR. Springer will probably find when he
Democratic leaders will find it necessary
to do will be to make their own record
and not to concern themselves about the
records of the Republicans. Indeed, If
the boastings of Mr.. Springer and Of
those who think with him are to be con-
! sidered the country has already passed
upon the record Of the Republicans.
The great interest which the country now
has ia in ascertaining what the record
of the Democrats is to be. That is ex-
actly what the Democrats seem disposed
to avoid. Every utterance thus far made
by the public men who have arrived here
indicates desire to avoid making a
record. As near as i. has been possible
a to ascertain what the Democrats desire
to accomplish, it may be said that the
following arc among the measures of
legislation which are likely to meet with
the favor of the Democia attic party:
First-The abandonment of the seas to
the British and the restoration of the
I. City of Paris and the City Of New York
to the British navy.
SecOnd-The restoration of tax on
sugar and conse quent adjustment of the
y reciprocity treaties.
/ Third-The admission of Arizona,
Utah and New Mexico as sovereign
states.
Fourth-The reconstruction by en-
largement of the Supreme court so as to
have nine Democratic judges. a majority
!. of three.
Firh-The adjustment of the federal
sci, n supervisors law.
SIX 1.-The free coinage of silver.
y S venth-The Observation-Disclosures of the
'currency.
Eighth-The radiation of
money.
! Ninth-The imposition of an il come
tax.
Tenth-The adoption of some of the
Farmers Alliance measures.
l. may be said tina anoth one of the
points which the Democrats will en-
deavor to impress upon the country is
sthat there is to be deficit and that it
! viii be caused by what they are pl, ased
to Call Republican extravagance. The
Democrats are we'll informed that the
! diminution of the revenues is chiefly due
4 to the extravagant expenditures of the
last Democratic house and to the fact
that threats of free trade or, at least,
freer trade tand to reduce the importa-
lions. The expenditures Of the last
Democratic house were $44, 30S 26S more
than was appropriated at the fl st SEES
sion of the Republican fifty-first con-
gress. Moreover, the Mckinley bill has
reduced the revenue by not |. 50 than
SOL 100000.
There is considerable talk at present in
regard to proposition to float new
loan for the pose of meeting possible
i financial complications. S )eaking on
the subject, Secretary of the Treasury
Foster said: ~ cannot undertake to
guess what the Democrats may do, but l
do not think there will be any new bonds
issued. | do not think any party wants
now to take the responsibility of increas-
ing the public debt, which we have
etriven to reduce to save the interest,""
allow long an interest do you think
! new bonds could be foated on?' he was
asked.
@"That would depend on two things. If
the bonds were such as the national
banks could use as security for currency
and they were permitted to issue curren-
~ up to the full face value of the bonds
nd if in addition the tax on national
bank circulation were to be reduced from
lsper cent to "a of per cent, think the
bonds could easily be foated at per
cent. The per cent tax on the national
bank circulation is for the purpose of
meeting the expenses of the system and
not for the purpose of raising revenue.
1T has, however, proved to be more than
enough for the purpose which it was
designed and the government has got
$40 600 900 or $50 900 600 out Of it. A
tax of three-fourths # per cent would
be sufficient to meet all the expenses OF
the 81 st. M There is no reason why it
should not be reduc, d to that and there
ia no good easOn that | know Of why
1.-The banks should not he permitted to is
sue currency to the full par Salue OF tnelr
bonds"
Col Charles Hey~ God. commaDdant of
marines, in his annual report to the
secretary of the navy urgently recon-
mends that the marine corps be increased
in numb,r. He says that the present
small force is called upon for such varied
employment that it has been impossible
TO properly GU ard the government prop
,rty at navy yards, and the men are very
much overworked. The cOmmandant
sxA that the recent disastrous fire in the
New York navy-yard, which damaged
the CinciDnati's engines, would not have
Incurred il the number of marine SEN
tinels had not been very much reduced
10 order to guard Camp Low during the
,holera scare. An earnest plea is made
10 the report for the issue of an order as
signing the marines to duty to man the
legendary batteries aboard ship, which
l.