The Providence news. (Providence [R.I.]) 1891-1906, 1894-08-03
ON A SLIDING SCALE.
a Sharp Speech by Chandler Touch
Ing Upon Alleged Inside Doings of
Coal Men.


By The Associated Press.
WASHINGTON. Aug. 8-The Democratic
teartn confsrress held an unusually long
. session yesterday. lasting from 10 until
t.A-so O'Clock and then, after a few minutes
<o0s ksnch. contained through the after
.aoon- Ths confsrrses said that fair prog
fsssu IVES nakfngA One Of the house men
aid u would take two or three days yet
before it could be said with certainty that
= bill would be agreed on.
Az heretofore, sugar, iron ore and coal
IRE the itsms at issue. AS 10 iron ana
kcoal, there seems TO be good ground for the
REPORT that . sliding scale compromise Is
under discussion, BY which the ~ cents
tpex ten dnsy will be gradually reduced
y 6urinx the next three or four years untll
entirely extinxuishsd. II is understood
= that this plan commends itself 10 the
\ president and MIR. Wilson. as 1t will In
Vine bring a realization of free raw
materials
C~handIer's Sharp Speech.
But one more appropriation bill-tne
. nenciency-remains 90 be acted on by the
4 senate the sundry civil having been
pssssd' after three days discussion.
Among the petitions presented which
mas accepted IVES one from bers OF
he ssIynitsd States Industrial army"
iaow enoampsd near Washington, which
M. PETER presented. 1t was referred 10
hhe COMMITTEES on immigration and labor.
The report OF the confsrrees on the Dis
trict of Columbia appropriation bill was
agreed to. The Hatch a~nti-option Dill
was reported to the senate by MI. Wash
burn from the committee ON agriculture
and placed on the calendar.
The resolution offered by Mr.. Chandler
Affecting n special committee to inyessi-
rate the Dominion Coal company of Nova
Eootia. whether it was organized or Is be-
.ang conducted in the expectation that
uonrrsss xvSuld repeal the tarid tax on
coal. whether any officers Of the govern
embarrassed In this company. and
uRhsthsr sny assurances that the duty
would be renewed were given the COM
euuny. and II So who gave such assur-
ances andrwhat steps arc being taken to
Y fulfill the a~ssuranceH wes laid before tho
senate and Mr.. Chandler urged its adop-
( zion.
He said that facts which had come to
\ his ~knDsdsags justified him in offering
vhe resolution, aad was contained In the
prospectus Of the company. This showed
that 4 corpsration of $9i .000,o 900 was
formed or exploited In February. 1898,
I ifer the development Of Nova Scotia coal
,mines, oontlngsnt upon presidential cleo
tion and the repeal Of the tariff on coal.
sharp Thrusts.
He read from the prospectus, which was
dated ut Boston, February, 1888. the
names Of the officers and directors Nearly
al the common stock was 'watered," he
uaid. to the amount Of $50. 900. 900. The
New York World had stated that Presi-
dent whitney Of the company had pur-
,Nhased 30, 600 shares of stock, at $40 a
(hare, a the other directors also had
aot In on the ground floor.
IL now come to the popularity OF the
prospectus" he said, (which leads me to
offer this rsssluaacn Of investigation. 1t
~ evidently . scheme which is to go for
(, ward In case OF legislation of a certain
kind by the congress Of the United States.
The scheme Of the company is to 40 for
ward In case OF the success OF some such
idea. or the election of some president,
when the duty Of Is cents n ton on coal is
% be removed, 80 that this company can
make money"
He alao rpfsrred to the prospectus of a
simiiar mina ON Cape Breton island-"The
Bread Gave untns'-to which success Vas
70 10 given h shs removal by congress of
che sxistSng duty on coal The paragraph
IN the prsspsoeus OF the Dominion Coal
company which, he said. gave the motive
Cor its organization was a. follows:
s'Shcula TIE United States duty of 75
cents q ten 10 removed 1t seems evident
thai this will End a large mar
kst en- shsS<sw England ~seaboard."
ssUhis.s continued Mr.. Chandler, sis q
eempsny whtoh csngrsas can afford 10
watch. Any company like the Dominion
or the Bread Cove company,
which had IT. certificates ready to be is
sued - room - ths duty on coal was re-
moved. needed watching"
nuassAls Name Dragged In.
There W. enc name which he would
nsatieu, Nm Chandler said, which was
avswsdiy connected with the Dominion
Coal company, and that was John K.
Russell, the recent Democratic candidate
Ger revsraef- Of Massachusetts,. THIS
Jshn H Russell avowsd his connection
With the Dominion Coal ompany and
Vas - ~ nm avowsd participant in the
pRsifts - come 70 the company from the
renewal Of the duty on coal. He came
m - Washington TO give counsel aud
advice to the president and urge him to
Utand fast On the Democratic principle OF
1ree COAL
The president wrote a letter, without
Addressing Il to any one in particular,
dating 10 July Q, ss a sort of stock in
trade. o. n charge of dynamite, ready ia
be launched without warning on some
u~nsuspecting purpose. About O week
aftsrward, he continued, the president
had found him se In consultation with
Russell, Don Dickinson and some Other
Kitchen cabinet advisers" and the ques-
tion OF publishing the letter was dis.
cusssd by this conclave. and IL was de
ctdsd 10 address IL 10 the chairman of the
house committee on ways and means
~ was accordingly sent to Mr.. Wilson
and aftsr due course OF time aud after Az
agonixing birth (who was the ~accoucheu,
% the advent he did not know IL saw th,
Night Of day, very much TO the surprise oil
b senator from Maryland (Gorman) and
che senator from Tennessee (Mr. Hsrris)