The state rights democrat. [volume] (Albany, Linn County, Oregon) 1865-1900, 1894-06-29
Washington Letter.
Washington, Juoe IS,IS94

Washington, Juoe 49, S94.
Secretary Carlisle In common with many
prominent democrats, thinks the passage
of bill introduced by Representative !
Coombs, of N Y, and now being considered |
by subcommittee of the House commit |
tee on Banking and Currency, would be a
very desirable thing. The bill provides
for the appointment of a non-partisan
currency commission, which shall devote !
the rest of this year to investigation ard
study of the subject and then report to Con-
gress bill for Il complete banking, coinage
and dcurrency sys'em which shall come near-
er to meeting the demands of the country
than what we have at present. The authors
of this bill are n Jordan. U S Subtreas-
urer at New York city, and w L Trenholm,
who was Controller of Currency under the
fist Cleveland administration both ofwhom
have appeared before the committee 10
argue in favor of lis icing favorably re-
ported 20 the House. In view Of the dif-
ference of opinion on this subject among
democrats in Congress, so radical that it
has so far defeated all attempts at financial
egislation, 1t would seem that this bill Is
one upon which men of ali opinions could
unite. 1t could certainly do no harm. and,
II the commission was properly made up,
might do much good.
Senator Harris has to grit his teeth aud
bear the unexpected delay in reaching a
final vote on the tariff bill as best he can,
being unable to get and keep folty three
Ssna ors on the floor continuously in order
to force things along faster. The republi-
cans took advantage of this 10 stretch the
debate on .he wool schedule out of all pro-
portions and at this writing they are threat
ening to filibuster against taking a vote
upon 1t until wool is taken from the free
list, and the charge is made, but will net
vouch for its correctness. that they have
been informed by several democrats of their
willingmess.if If 1t can be done by agreement,
instead o: a recorded vote. TO hep them
get small duty on wool
The attemp; Of local paper 10 get little
notoriety by insinua,ing that Representa-
tive Richardson. of Tenn. had engaged in
real estate ira1saciions that were not en-
ti:ely right and proper, with representatives
of street railway syndicate that is seeking
| Congressional legislation, VAS failure even
before Mr. Richardson had taken the un-
necessary trouble to make an explanation
to the House. The man OF newspaper
which attacks the Integrity of men ike Mr.
! Richardson must present absolute proofs,
= not vague insinua. ions, before the public
attention can be secured.
II the evidence taken by Ire House con-
mIitee on Naval Affairs can be substantial
ted, the government should at once cancel
the contact with the Carnegie companies
for armor plate for our var ship. and bI gin
suits for the recovery OF every dollar that
has been paid TO these concerns for plates
that are not what they rurpoIt 10 be. This
would, OF course, result IL jela,irg the
completion OF those ships ye' TO bc armor-
: ed, bu; ii would he better VA, they never
oe completed than .hat the crookedness
which has been testifi=i 10 should be allow
ed &c go unpublished. The committee Is still
taking testimony. Ii viii probably be nec-
, essary TO remove plates trcm a number ol
/ the ships in o-d.r 10 ascertain whether
n witnesses have told the truth or no., and
make j, impossible for .he committee TO con-
; clude Il e Investigation il time 10 report dur.
=. ing tAe Presen, session of Congress.
Every Senator at present in Washington,
except Quay. of Pa, has declared under
oath that he neither speculated in nor gave
information 10 others TO be used in specu-
lating in the stock of the sugar trust.
= Quay says be has been Specializing in sugar
! stock whenever he felt ike it and that he
: is going to continue. The evidence did
not surprise any sensible person. but ali
the same it was wise in the investigating
D Committee 10 exsmine all the Senators be-
e ginning with tLemse'ves; il closes the
mouths of the 5uncombe Sneakers and
I writers who have beea continually asking
: why not swear the Senaiorss The only
I
, that varied from the stereoiyred denial of
| the eight leading questions asked enough
r to arouse any special interest were the
= confession of Senator Quiy and the state
inert Of Senator Ransom, that lie had a
r day or two before learned that his son had
during the month OF April speculaied in a
} Washington bucket shop to the extent Of
s45, and that $50, Of it had been placed
upon the stock Of the sugar trust. 1t was
: OF course, a foolish thing for young Mr.
r Ransom to have done, but the amount in
vested Is of itself sufficient to clear the
young man of any suspicion of having
. acted upon any information beyond his
own desire to bet his own money upon his
own judgment. When man goes into a
speculation on inside information he puts
up more than $40. Senator Rarsom has
never bought share of speculative stock
OF any kind since he became a member Of
: the Senate.