Evening journal., 1894-01-11
ASKS FOR A BOND ISSUE
Carlisle Wants Permission to
Garry Out His Scheme.
BRILLIANT TALK ON THE TARIFF.

Tom johnson Rouses the House With His
Eloquenoe-Mr. Davis Favors the Senate
with Speech on Hawaiian AGalrs-Mr.
Holman VIII Ask For Protectorate.
WASHINGTON, Jan 1l.-Secretary Car
Isle has proposed an issue Of bonds to the
senate committee on finance 1t had been
arranged that they were TO have n further
conference with the secretary of the treas
ury, which was to be of a more formal
character than any Of those yet held, and il
was supposed that the secretary would
have proposition formulated topresent.
Such proved TO be the case Mr. Carlisle
lost no time in coming to the point.
He wants authority TO issue bonds, and
he so stated to the committee in as few
words. He thinks an issue of bonds the
simplest way to meet the apparently rap
idly approaching crisis in the treasury.
The secretary occupied very little time in
speaking Of the condition Of affairs which
had made such an appeal on his part nec'
essary, assuming evidently that the COM
mittee understood the situation.
He dwelt briefly upon the rapidly dimin-
ishing gold reserve in the treasury, and
stated that instead of increasing, as he had
hoped the government receipts would, they
coming to be a monthly gap Of about Sl0,-
900 between receipts and expenditures.
He thought, therefore. that it was expe-
dent that congress should take steps to
provide against the evil. He asked that
the act Of 1875 for the resumption Of specie
payments, which also authorizes a bond
issue, should be so amended as to permit
this issuance for shorter time and at a
lower rate Of interest than is provided for
in that act he thought il would be a very
easy matter TO sell enough bonds TO tide
over the present emergency-to meet the
prospective deficiency of the present fiscal
year-at 3 per cent interest and running
for three, four or five years, and he be-
lieved it would be the part of wisdom for
congress to authorize such a change in the
present law as to give this authority.
There was general interchange Of opin-
ion among members Of the committee on
the subject presented, and the meeting
gradually drifted into a discussion of the
outlook for tariff legislation, in which Mr..
Carlisle participated very freely, but no
conclusion was reached as to the bond rec
concentrations made by the secretary.
Enough was developed TO show that it is
going to be very difficult for the commit
tee to agree upon a bill.
Brilliant Tariff Speeches.
The third day Of the tariff debate in the
house was enlivened by a sensational
speech by Mr.. Tom johnson of Ohio, the
free trade and single tax advocate, who
claims, with Hon. Lawrence 4. Neal late
Democratic candidate for governor of Ohio,
the joint authorship of the tariff plank in
the Chicago platform. He boldly attacked
the Democrats for the timid manner in
which they had handled the tariff ques-
tion and charged them with cowardice all
along the line.
Mr.. johnson then had a sharp tilt with
| Mr. Walker Of Massachusetts over the cost
Of IN anufacturing steel rails, in the course
of which he declared that Carnegie had the
/ finest mill in the world. And protection
made it," interjected Mr.. Walker.
"Oh, no." replied Mr. johnson. "You
don't believe duty at the custom house
built itf Bill Jones built it,"
you can say Bill Jones if you like'
| ilaughterl, replied Mr.. Walker, "but pro-
lection made it possible"
"Bill Jones is no myth" answered Mr..
Johnson. "Bill Jones stood with me dur
| ing the Johnstown flood side by side, while
rich men were shirking-Bill Jones' brains
and Carnegie's money-and the honors
We're easy" democratic applause.
| When Mr.. johnson finished, the most en-
/ thusiastic scene witnessed since the tariff
debate began occurred. The Democrats
cheered and crowded about to shake his
hand and congratulate him. After order
was restored Mr.. Dalzell, one Of the Re
/ publican members of the ways and means
committee, took the floor.
Mr.. Dalzell made a brilliant speech in
defense Of the tariff, dwelling particularly
on the iron and steel interests. Messrs.
Warner and Coombs Of New York were
the other speakers
At the night session Mr.. Snodgrass OF
Tennessee, Mr.. Mahon Of Pennsylvania and
Mr.. Curtis Of Kansas were the speakers,
and at 1890 the house adjourned.
stnl Talking of Hawaii
The principal event in the senate was the
| speech Of Senator Davis Of Minnesota in
support Of the policy of nonintervention in
Hawaiian affairs. The senator plainly ex-
pressed himself as in favor Of the annexa.
tion of Hawaii and declared that TO be the
manifest destiny Of the Hawaiian Islands
For 40 years it had been recognized as in.
evitable by every American minister to
Hawaii, and no foreign government OBJ
jected to this plan when consummated un.
der favorable circumstances and conditions
The main portion of the argument OF the
senator was to show that the revolution
was the legitimate outcome of the usurpa
tion of the queen and of the attempted
proclamation of new constitution, and
that her ministers had no choice in pro
claiming the provisional government and
Minister Stevens no discretion in recogniz
ing il as the government de facto after il
had gained undisputed and peaceful pos
session of the government buildings anC
government archives.
In the earlier part of the day, and ON an
other subject, Senator German created
some surprise by declaring that during the
past three years the total appropriations O
congress had exceeded by $500, O,O00,0 600 thu
total revenues of the government during
that period. A large portion of this enor
nous aggregate is for public building
and is in a great measure yet unexpended.
The senate committee on foreign rela
tions had a meeting after the Hawaiian
subcommittee had adjourned. The com
mittee had the Hawaiian question unde
consideration, but it is understood that tn