The weekly Union times. [volume] (Union C.H., South Carolina) 1871-1894, 1894-02-02
OUR WASHINGTON LETTER.

WASHINGTON, ID. c.. jan. 27.--Tha Tariff
debate still continues to draw crowds OF
spectators. The mouotony of long contin-
ued debate is frequently eulvened by bright,
sparkling snsppy speeches aud outbursts Of
eloqucnoe, wit aud humor.
On Thursday afternoon the House adjourn
ed about an hour earlier than usual Inn
mediateiy a Democratic caucus was called
and as soon as the galleries and floor could
be cleared the doors were c'osed and the
secret conclavc which was to determine the
courle the Income tax bill is to take in the
House, was in full blast. The very exteu-
ded session indicated that the committee of
Ways and Means had rolled an apple Of dis
cord into the peaceful halls of Democratic
unity, and after a four hours session, the
faces Of all of the members did not wear evil
dences of entire satisfaction.
The Louisiana members have eaten their
dish of crow in free sugar and loss Of bounty.
The representatives of the coal aud Iron
producing districts have swallowed their
share of the Crow in free coal and iron, aud
dare say the Representatives of the mill
ionaires and rich corporations will also eat
their crow in the shape of an income
tax, which is engrafted on the Wilson
bill.
The debate on the repeal Of the Federal
election laws still languishes in the Senate,
aud beyond the opportunity it affords to Re-
publicans to vcntiIate their views Of Demo
cratic policy is of little interest.
The Supreme Court heard argument on a
Tariff case involving several millions Of dol
lars. One of the New York importers inn
ported large invoice of n certain kind of
goods which were assessed for duty by the
collector, under the law Of 1888, rs cotton
cloths having from one TO two hundred
threads to the square inch, counting warp
and filling, at three cents per yard. The
importer claims that owing to certain attach
ments TO the looms certain figures were
super-imposed, therefore should not be
counted.
The National Board of Trade composed Of
the representative business men of the ma
ton which has been in session several days
recommend that Congress pass such laws
rs will develop our merchant marine
engaged in foreign commerce and 3GseI
the adoption of such measures as will
secure such results They also recommend
that the inter sta'e commerce laws be rgidly
enforced, and so amended and strengthened
a, to make its operations more effective.
They also recommend to Congress the aiop
rion of all worthy measures that will secure
the continuance of the currency issues, and
of National banks; the amendment of tue
banking laws, so as to allow the issue Of cur
rency equal TO the PAR value of such U. s.
bonds as are deposited with aud received by
the Secretary of the Treasury for that pur-
pose. They also recommend the passage of
bankrupt law, but oppose the income Tax
and State banks.
They urge the completion of the Nicarau-
gia canal as an imperative commercial ne
cessiY. The Establishment of National
clearing house for banks: the improvement
of the interior water ways of the country
aud the development of our trade with Cam
ia. The secret service detectives have dis
covered and captured large counterfeting
plant in Rrnnklvn r.,rsu UV,.c. .c-fcc::: Z,
were freed and spotted through the purchase
Of metals. The plant consists of die stamps
rollers and other apparatus, the press is II
powerful two ton machine.
a very interesting incident of the week
was the presentation of n magnifccntly en-
blazoned Scroll of Decree OF the Congress
of the Argentine Republic commemor ativc of
the death of President Lineler.
Representative Cummings, of New York
has introduced II bill providing for u popular
loan by the issue of three per cent boG dS of
small denominations. The bill contempt, ties
an issue of $3.50. 600, 900 of registered cpu-
pom bonds of the United States, to be re-
deemed by the United States at will, after
redeemed and The interest TO be pad quar-
| terly in coin. None fthe bonds TO be sod
at less than par aud accrued interest, and to
be Sold at the discretion of the Secretary at
the various money order p 'st"iiiccs and sub
Treasures of the United States. IIcrcro-
fore the government loans have heed made
to banks and syniicntes but this is TO be a
popular loan.
1t occurs to me that such loan rs is con-
tempated by this bill offers the safest pl IN
Of investment for the small savings of the
labOring people an men of small capital
that could be devised. 1t is true the rate of
interest is small, but it is payable quarterly,
and the bonis are non-taxable. 1t would
be the means of drawing our people into a
C oser union and strengthening the ties
which bind them 10 the government. 1t
would stimulate patriotism and create a
wider interest in National affairs. 1t would
| foster economy and lay the foundations of
greater and more substantial prosperity.
The objection to the issue of bonds o banks
| and capitalists cannot be urged against this
bill which real is au application of all the
pid3s OF = ycrnmcnt savings bank, so to
| say, without the expensive aud complicated
machinery ofsrch institutions. 1t is system
which will make each holder of a b nd no
matter how small, q contributor to, as well as
participant in the prosperity Of the govern
mcnr, and may eventually lead to the holl-
| ing of the entire bonded Indebtedness of the
| government by the people at large instead
Of the few. aud compel capital so invested
| tc seek ether means Of investment promising
larger dividends and ut the samc time con-
| tribute to the prosperity Of the whole cOun-
try. 1t w,uld be well for our people to con
| slider this matter on its merits, independent
of the rawlings Of politicians.
The great topic this week has been :lc
rug'!!st:c enc 'unter between Nli'chcll and
Corbett The day the battle came off, up to
two o'clock, j. W.. was one OF intense AMI
nervous excitement in sporii"g circ'c' here.
The excitement found its way into the lobtics
of the Capita and inro The chambers of the
twr lcsis a'ivc bodies. Much qualification
is fot Ill the resu {, Corhrtt passed through
| this city to day on his way 10 New York
and notwiths anding il was not known n,
what hour he would arrive, he received
quite an ovation.
THE SOUTH CAROLINA DELEGATION.