Santa Fe daily New Mexican. [volume] (Santa Fe, N.M.) 1885-1897, 1894-06-18
NATIONAL NEWS.
Discussing the Coal Schedule in the
senate-Hill Declares for Free
Coal-Federal Finances.


Washington, June Ex-senator Hill
moved in the senate to-day to place coal
on the free list and he made speech in
support thereof and the redemption Of
Democratic pledges.
The senate, after some routine business
to-day, entered on the twelfth week OF the
tariff debate. The temperature is swell
tering, the mercury standing at eighty-one
degrees in the chamber when the tariff
bill was laid before the senate. At the
request of Senator Platt two paragraphs
of the silk schedule were passed over and
again passed over to-day and schedule M,
pulp, papers and books, was taken up.
Senator Frye offered a protest against the
first paragraph of the schedule, placing a
duty of 10 per cent on mechanically
ground wood pulp and chemical wood
pulp, bleached or unbieached, and pro-
posed an amendment substituting specific
rates of $3.50 per ton on wood pulp me
chemically ground,
cHEM1cAL WOOD PULP
unbleached IS per toni and bleached $3.50
per ton. The Democratic members of
the finance committee refused to accept
the amendment and rejected it by vote
of 20 to 23.
House bill placed coal on the free list.
The finance committees amendment
placed the duty at 40 per cent per ton on
bituminous coal and slack, and Is per
cent ad valorem on coke. Az soon as the
clerk read the paragraph Senators Hill
and PETER jumped to their feet. The
New York senator was recognized and he
sent to the clerks desk an amendment to
relegate bituminous coal and and shale
to the free list.
SENATOR HILL IN DOUBT.
Senator Hill said to-day that he would
reserve the right to vote for or against
the tariff bill when he saw what was finally
agreed upon, passionately e1claiming:
"God knows what the bill will be like
when it passes the senate"
COAL NOT ON THE FREE LIST.
The vote on Senator Hills motion to
place bituminous coal on the free list
was yeas z, nays 81. Senators Allen,
Hansbrough, Hill, Irby, Kyle, Pfeffer and
Washburne voted aye.
DEATH OF A NAVAL OFFICER.
John w. Easily, United States navy,
retired, died to-day, aged 70 years. He
was an inspector of government gunboats
during the late war and afterward naval
constructor.
NATIONAL FINANCES.
As the end of the fiscal year is only
thirteen days distant treasury officials are
able to give fairly accurate estimate of
the net result of the treasury's operations
for the year. Up to this time the re-
ceipts aggregate $685., ,2O4, ,72l and the dis
bursements 1856, 1877 1887, leaving a deficit
for the eleven and half months of $74,-
992, ,616. 1t is thought by the treasury
officials that the total deficit for the year
will not be materially greater than 1t is
now and that $75, 100000 will probably
more than cover it, even should the Gus
toms receipts continue to decline and
those from internal, revenue remain as
during the last fortnight. While the cash
balance has reached $115.0a5, ,282 and the
gold balance $67, ,8O4, ,972, the lowest point
since the January bond issue, the situa-
tion is causing but little uneaslness at the
treasury department.
COINAGE AND CURRENCY.
Sub-Treasurer Jordan, OF New lork'
and ex-Comptroller OF the currency W. L.
Trenholm, are the authors OF OIL IN
troduced by KepresentatlVe Ioomns 1or
the creation of currency commission
sion Of fifteen members, representing the
d;fferent sections. and not more than
saven of them bankers. who shall sit in
d;ffarent cities to investigate the cur.
rsncv svstem and financial conditions,
md renort AL the close of the wear their
dndinps regarding coinage and currency
The house committee on banking and
currency has elected five members to pre-.
nare a currency and bank measure, to be
renorted June Is. viz; Messrs. Cox, OF
Tan nessee. Cobb. of Missouri, and Cul.
herson of Texas. Democrats; Henderson
of illinois. and Hauphen. OF Wisconsin
Republ,cans.
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