Asheville daily citizen. [volume] (Asheville, N.C.) 1890-1900, 1894-12-04
FIGHT ABOUT IHE SUGAR BILLS
WILL TRY TO RESTORE THE
BOUNTY.

A Democratic Caucus to Fix an Order
OF Business -Carlisle's Report Sent to
Congress-HeW Wants New Legislation
From that Body.
WARRINGTON. Dec. 4.-Senator Cor
man, chairman OF the Democratic caucus,
has issued call for caucus Of Demo-
cratic Senators to be held this afternoon
immediately after the adjournment Of the
Senate. This meeting is to be held for
the purpose Of considering the order Of
business that shall be follow wed and, after
an interchange Of views. it is probable
the matter will be referred to a commit
tee. with instructions to report at a
future caucus.
There are number of important
measures pending on the Senate calen-
dar, each of which will have its champions
on the floor, and the work OF calling up
these bills will be pushed as speedily ai
possible. The first bill to be given the
right OF way will be either the voluntary
bankruptcy bill or that relating to con-
structiou of the Nicaragua canal. The
so.called pop-gun tariff bills will be a
cause for some discussion at this caucus,
as there will probably be division OF
sentiment as to the possibility Of accom-.
plishing anything should they be taken
IRON the calendar. The great majority
OF Democrats, however, favor making an
effort, thereby placing the Senators on
record. The real fight centres about the
sugar bills. which were amended by the
Senate finance committee so as to make
the duty 40 per cent. all through, thu.
striking out the differential. 1t Is be
lieved that il the bill should ever come tc
another vote, the Senate will be able. BY
the same vote as last session. to sent
the bill back to committee with instruc
lions to report a free sugar bill ant
restoring the Mckinley bounty. Thi'
would be equivalent to killing the meas
ure as the House Democrats will mo-
agree to the restoration Of the bount,
law.
! Carlisle's Report.
by far the most interesting part OF tn
report Of the Secretary of the Treasur,
which was sent to Congress today is th
exhaustive attention paid bv that officia
to the condition OF the treasury ant
currercv reform. In opening the Secre
tary mentions that the excess OF ex
penditures over receipts during the las
fiscal year was 500, ,SO3. .26O, and durin,
the first five months OF the present fisca
year $2l. .737.367. 1t is not believed
however. he writes, that this differenc
bet ween receipts and expenditures ~il
continue in the same proportion unit
the close of the year, and accordingly h
estimates the deficiency at $50, 900, 600
while be further expresses the opinion
that the present laws will Weld ampl
revenue tor the fiscal year 1896 az al
their pr DIVISIONS will then be operativ
and the prospective improvement in tn
business of the country, il realized, vii
greatly increase the source from whic
taxes are collected, and. accordingly, tn
surplus of $2S.S14 920 estimated 70
that year.
Referring to the recent sale Of $50
100000 in bonds Secretary Carlisl
says: This transaction justified tn
opinion that two and one-half per cent
bonds, having reasonable time to rur
could probably have been sold at par.
He adds that he hopes Congress wi
amend the law so as to conform to til
present requirements of the public credi
and service. and says that IF the maj
datory legislation which keeps lare
volume OF government notes in cirrul;
ton, notwithstanding their repeate
redemption in coin, and also impose
upon the government the obligation I
maintain the parity Of the two metals
respect to their purchasing an
debt paying power, is perpetuated,
is evident that the treasury must renal
in a position which will compel it
procure and furnish gold to all who d
mand it, whether they be our own cit
zens or citizens or subjects Of other cou
tries. At the same time it will have 4
lawful or regular means Of obtainir
gold except by issue and sale Of bond
The situation cannot be avoided wit
out material changes in our laws rela
ing to that subject"