The Helena independent. [volume] (Helena, Mont.) 1875-1943, 1894-08-06
The Tariff Bill and Some OF the
Appropriations to Be Put
Through,
But the Former Is the Only Thing
That Keeps Adjournment
Delayed.


WASHINGTON. Aug. b.-Ths house will
proceed this week. at lhst. with a fixed
Irogrsmme. The house Ia simply awaiting
Dnal report on the tariff bill. All routine
business bas been transacted. Tomorrow.
however, will be devoted TO settling the
Williams contested election case from
No tn Carolina. The remaining days will
be assigned to The routine business Of com
mi,tses. subject always 10 the conferences
report II the eonfofeoS on the taiiff reach
an agreement this week their report will
frat bo considered In tho senate, aud after
being disposed OF there will come 10 the
house. IL the report Ia not mHde before
Wednesday there is no prob ability that II
will get TO the houso this week.
There Ere differences OF opin on among
treasury officials 40 TO tho probabilities of
another bond issuc. Neither Carlisle nor
Assistant Secretary Curtis is willing to nd-
init that there ia any real cause for alarm
In the present financial situation. II is
known that the president aud advisers ore
watching with eager interest every change
in the financial situation. AMI every phase
Ia being carefully. thoughtfully studiod.
Notwithstanding this solioiude II 10 be-
lieved that ID IL the Judgment Of tbs presi-
dent that the situation does not furnish auy
Just apprehension ana that better times
may 10 confidently expected soon.
From this point OF Wow, u is
argued that the passage of the pending
tariG bill is SUE 10 result in prompt and
general revival OF business. and that in
consequences there will be a large increase
in government revenue. Rsosipia Of cus.
toms, which fos many months have been
gradually growing less. ~ ia believed. will
show marked improvement from the yery
q st, and bntinuo 10 increase until normal
conditions have been reached.
II 10 oonteuded, Notwithstanding the fact
that tho gold reserve has reached low water
mark. $4,000, coo, that the Qove nment is
really better able to meet Its obligations to-
day than ID was Irior TO tho February bond
issue. There are some. however. who take
less hopeful view of ufiairs.
They believe that the gold reserve
which six months ago was brought 10
a normal condition by ths inc enso Of $50
0OJ. 900 in the public debt 10 again melting
away. and Is already reduced 10 O poiLt
pe.OW ibMobN pump
prior 10 the February bond issue. Tbey
contemplate with unei siness the fhct that
for a year and moro the ordinary expenses
OF the government have largely exceeded
rsoeil To.
IL is nrcued that should the pending tariff
becoms law and 80 into operation oven as
carly as she middle OF The present month,
no material increase In revenue could reA.
sonably be expected enrlier than December.
fos tho reason that the tariff bill will have
tnaBed too late IN tho season TO realize any
considerable amount from fall impor-
tations.
Treasury figures show that there are now
in this country cir months supply OF suqAi.
so little may DO expected from that souroe.
This is trua. also, Of whisky. Statistics OF
the iutei nal revenue bureau show that the
tpx has already been paid on over 13O00, :
600 gallons OF whisky in excess OF the
amount upon which the tax had been pail
one year age. Thereto c, little relief may
be exI ected from this source before Decem-
Der.
The only reoourse. therefore, ID is con-
tended. will bs bond issue and there are
many we'll informed pSrsons who believe II
this congres, does not pass a prohibitive
resolution before adjournment 500. 900, 900
or more will soon bs issued. That there
would DO no difficulty in plnoiug any Iea-
sonable ninornt oven at the remium ex-
acted In February, Is apparent from the
fact OF the Feb nary bonus being sold at a
preminm OF l.27 per cent.