The herald., 1894-12-04
CONGRESSIONAL OPINION.


Comments of Lendtng z Senators and Rep
rssentativ~s on tho NJ. sssge.
WAsHINaToN, Dec. 3.-Speaker Crisp
had no opportunity to examine the
message carefully. owing to the frequent
Interruptions. and was not prepared to
express an opinion until be had done go.
Mr.. Wilson, chairman Of the ways
great qualification over the Presidents 9
vigorous recon mondation of the free
coal and iron bills sent to the senate,
and hie endorsement OF the recommen"
dation OF the abolition OF the Gifferen-
tial on refined sugar.
Mr.. Bryan, Democrat. OF Nebraska
said he was oppoeed to any financial
scheme which would give private indi-
viduals the power to issue money.
Mr.. Harter. Democrat, Ohio), char
acterized the Presidents banking
scheme ss Q good, long step in the right
direction, but personally. he thought he
ought to 60 further. The government.
in his opinion. ought not to guarantee
tho payment OF national bank notes or
Of any corporations.
Mr.. Bailey. democrat, Texas), is op-
posed to the government becoming q
surety for the promiseory notes OF any
business corporation, even though il be
Q bank.
Senator Mitchell, (Republican, Orb
gon): His whole financial scheme is
impossible. 1t is a position really going
back to old wild cats"
Senator Blanchard, (Democrat, Louis
iana): Il approve OF the state banks
recommendation. am opposed TO the
repeal OF the one-eighth and one tenth
ola cent differential on sugar, for the
reason that "a per cent of the seven
million pounds OF sugar produced in
Louisiana shares in the diffsrential."
Senator Hansbrough. (Republioan) !:
II had heard the president was suf.
fering from the gout and the message
confirms it."
Senator Perkins (Rep.) of California !:
II like his communications for an in.
crease OF the navy. but am opposed to
his free ship position"
Gen. Catchings democrat, Mississip.
pD one Of the committee on rules,
strongly endorsed the presidents finan-
cial views.
Senator Villas (Dem.) OF Wisconsin !:
ut 10 q good business MESSAGE"
OF the Democratic members OF the
committee on finance. Senators Voor-
hees. Harris aud Vest asked to be ex-
cused from expressing any opinion on
the financial views advanced by tho
president, aud Senator Jones OF Arkan-
sas would only repeat what he has here
tofore said, that he did not believe any
financial legislation could be possible
during the present session. Republican
members of the committee were almost
as dieinclined to talk az the Democratic
colleagues.
Senator Sherman would 20 no further
than to say the message contained moth.
ing striking.
Senator Allison declared it was not a
time for Repu blicans to take the lead.
Senator Brice: "The Baltimore plan
strikes me as pure dream. Its adop-
tion would certainly demoralize the
finances Of tbs country"
Senator Teller, Republican, Of Colo
RADIO: II cannot see that the message
offers any relief to the country, aud it
appears to me al if tho preeid ent failed
to COM prehend the financial or political
situations"
Senator Stewart-"The financial plan
In Cleveland's message, stripped Of
verbiage, means that the United States
shall give bankers $75 for $1I.5O. Any
bank that will deposit $22 50 of legal
tender, whether greenbacks or treasury
notes, will receive $75 OF our government
money! cunning way Of retiring green
backe. 1t removes all restrictions OF
the banking law against expansion and
contraction by the bank. to enable them
and their associates 10 ring the mar
ket."