The times. [volume] (Richmond, Va.) 1890-1903, 1894-12-01
sPE4k6R CRfSP'S VIEHS.
He Fears There Wit lie No financial Leg
isia,ion This Winter.

vvAc11rNGTON. Nov. 3O.-Spedker
Crisn regards il as desirable that some
thing should be done at the coming Ses-
sion of Congress for the permahTTnS a.
iustment of our financial system w net ~
err eucb a thing can be accomplished 10
onotber question. Speaking with a rep
resentative of the press to-day judge
1T don'1 know what can be done IN the
way of legislation at TINS session, ~ ~ =,
fear not as much as we Shouiu nhoi,ld he
verv jmportant that there shouiu pt
come legislation on finance. ! am hut
nrenared TO predict what, II any Ihlhs,
may he done at this session, DQt II NUS
he apparent 10 every one that the pr e9cli'
situation should not be permitted /" II
%. G Inno Whatever suggestions the
administration has to MAKE VII w
awaited with great interest. Whether 81
not Mr.. Carlisle will present pI9Posi-
ton which will meet with RentIdi az
uroval no one Cfan say tntff the iitI
sage comes in. financial system "HICh
PUTS II in the power OF any one " w
nlete the Treasury of gold and TO COM
mel the Government to Increase us III
terest-bearng obligations by the ho issue c"r1
of bonds, Is vicious. and should be cor
rected as speedily as possible.
''DO YOU think that the recent issue OF
bonds is likely to lead to any action or
to provoke discussion by Congress
1.-The matter is very apt 10 be DISGUISE
ed but whether il will lead TO any &C
ton | am unable to say. ! have not taIk-
ed on the subject with members OF lhe
House There is a difference OF construc<
ton of the law between the Secretary Oh
the Treasury and the Judiciary commit
tee as to the purpose for when bonus
may be issued. The judiciary committee,
reporting on the subject. have declared
that there IS no authority Tor pOHu
issue except for redemption purposes
Mr.. Carlisle has held that the money
derived from the sale Of bonds may be
used for other purposes. IL may De lIldl
this recent issue Of bonds VIII excite Il
controversy over that question. reSo-
luton on that subject was reported by
the judiciary Committee at the last SEES
sion. and ii is not improbable that the
committee will call IL up for acton, bul
/ do not know what their purposes are.
But, regardless Of what justlncauon
there may be for the issue OF bonds
under the present conditions, there Is an
urgent need for Il correction OF Il system
which renders such conditions possible.
do you think there VIII be any lurther
tariff legislation at this session?
Il cannot say as to that. 1t is mat
ter for the Senate TO deal with. and action
there is a very uncertain thlnE 10 spett-
late upon. The public impression stems 10
be that they may not 90 IloIe IMAM pass
the alcohol bill o,,o,ca of
free sugar? hot. tho Same influences
which during the lOnS S'S,iOii -, a
dutv on sugar will be aple 10 plete'iI. -
repeal during the short tline i"eie - wv
for this Congress TO leglsiate. ,. ,,,oos-
~ mo Won think there will be any, meas
IRE adopted to provide aduItioHd' NV
mo. don't think any measure OF Una,
,.o,t I,,iil he necessary. The present law
/ think. will produce abundant LeNenus
when il gets fully into operation. II must
he given some little time. ~. o,.o,,,
rs there anything in TINS taIk aoout
withholding the Appropriation 10 put III
operation the income tax .,..,
II think that is all nonsense. an 80
M reason TO anticipate any troupIe OF ti.ae
sort The majority VINO pdssei 'l $50 30
viii nrovide the means for II TO be carried
out. | do not believe there WIZ nc H on
serious effort to defeat the appIoP fla.io 1i.
Mon who oppose the income tax feature
of the tariff bill will doubtless haSe suthe
thing 10 say about the matter, Dul tild'
viii he probably all il will amount 70
"\Nhat ether measures besides me APP
nronriatlon bills do you think Will propd-
blv be acted on this session? 80
at seems to me that there VIII pIpDa-
bly be an effort made to DO sofhetHih
with the Nicaragua canal am ny Ia
rniIiar with all the details of the BIZ re-
ported by the committee, but MINK Iniattt
that or some other measure dealing win
tbie subject is very apt to be acted on.
Then there are the bankruptcy biii ana
Tho anti-option bill, which the Senate
should dispose of before the close OF the
session. A number of things may be at
tempted but there Is no programme ar
ranged. and everything depends upon
what the general feeling is when we all
get together