The morning news. [volume] (Savannah, Ga.) 1887-1900, 1893-09-19
BANKRUPToY BILL.
Secretary Morton's Practical AppHoa-
ton of Democratic Economy.

Secretary Morton s Practical AppGca-
ton of Democratic Economy.
Washington, Sept. 1S.-Col Oates of
Alabama worked very hard to have a
bankruptcy bill passed by the last con-
gress. 1t failed but he is as strongly in
favor of it now as he was then. A sub
committee of the committee on judiciary
has charge of the preparation of a bill to
present to the present congress, and Col.
Oates is chairman of that sub committee.
He IS going to carry a bill through the
House or know the reason why.
IT MAY PASS THIS CONGRESS.
In order TO remove all obstacles to its
passage that he possibly can, he is going to
confer this week with memb ers who op-
posed the bill in the last congress, and
find out their objections to it. If he can
remove the features 10 which they OBJ
jected and which were the cause of the
failure of the bill in the last congress, and
yet frame a bill which will answer the
purpose for which It is intended he will
do so.
There have been some conferences al
ready, with Chairman Culberson of the
judiciary committee, and with Messrs
Bailey of Texas and Boatner of Louisiana.
The last named is very much in favor
of compromise measure, because he
does not believe that a bill to which
there is strong opposition could pass the
House under its present rules. The gen
tlemen named have devoted considera bic
thought TO the framing Of a bill which
will be likely TO command support enough
to pass it.
WHERE THE RUB COMES IN.
The main difficulty is over the question
of what constitutes an act of involuntary
bankruptcy. Chairman Culberson favors
modifying the TOrrey bill. which has
been introduced by Col Oates, so that u
trader can be petitioned into bankruptcy
only upon grounds which will Justify an
attachment by legal process. Col. Oates
has not yet examined the precise language
of the compromise proposition and is not
yet prepared to say whether or not
he VIII accept it. He is willing
TO make reasonable concessions
does not want TO so modify 1t as to make
it worthless for the purposes for which it
was intended.
DATE FOR THE NEW TARIFF.
Chairman Wilson of the ways and
means committee seems to place some i'm
portance on the suggestion of Representa-
tive Mccall of Massachusetts that day
be named when the new tariff will 20
into effect. IL is said that the chairman
has set day-Jhe Goth inst.-when he
will hear Mr.. Mccall on the subject. Mr.
Mccall says he has received a large num-
Der of letters from business men all over
the country approving his idea. There
seems TO be merit in it. If it is prac-
ticable to name a date it will give
the great commercial and manufacturing
classes something to calculate upon
and they can adapt their business condi-
lions accordingly. Uncertainty is dam
aging to business, and an accurate or APP
prOximately accurate, basis upon which
TO make calculations as to prices, will be
of great advantage to all classes of bust
uess affected by the tariff.
SUBSTANTIAL DEMOCRATIC ECONOMY.
Secretary of Agriculture Morton is
dead stuck on economy. After he had
been here a short while he stated that he
believed he could reduce the expenses of
his department one half, and he has been
steadily at work trying to verify his
statement. He has abolished here, and
cut there, and Topped off yonder, until he
has got things down comparatively fine
To-day he forwarded to the treas
ury department his esti-
mate Of the expenses of his department
for the ensuing year. This is done at
this time of the year by all the depart
ments, in order that the treasury depart
ment may submit to the appropriations
committee the necessary estimates on
which to make appropriations. 1t is I'M
derstood that Secretary Morton's esti-
mates call for about S350000 less than
appropriated for the current year,
quite snug saving, and fine illustra-
ton of democratic economy.
AMERICAN SUGAR BBETs THE BETTER.
DR.. w. X. Wiley, chief chemist of the
department of agriculture, reports on the
first experiment with sugar beets grown
from seed raised in this country The
analysis shows them to be very much
richer in sugar than the foreign beet
from which they sprang. They were
grown at Schuyler Station, Neb.