Iuka reporter. (Iuka, Miss.) 1888-1894, 1894-06-21
Washington Letter.
(From our regular Correspondent }
WASHINGTON, June IS. 1894.

sentative Combs, of N. Y. and now
being considered by subcommittee
of the House committee on Banking
and Currency, would be very desir-
able thing. The bill provides for the
appointment of q non-partisan cur
rency commission, which shall devote
the rest of this year to investigation
and study of the subject and then re-
port to Congress a bill for a complete
banking, coinage and currency system
which shall come nearer to meeting
the demands of the country than what
we have at present The authors OF
this bill are G. N. Jourdan, U. S. Sub
treasurer at New York city, and w. L,
! Trenholm, who was Controller of Cur
lency under the first Cleveland admin
1stration, both of whom have appeared
! before the committee to argue in favor
OF its being favorably reported to the
House. IN view of the difference OF
opinion on this subject among demo-
Gratis in Congress, so radical that it
has so far defeated all attempts at f.
nancial legislation, il would seem that
this bill is one upon which men of all
opinions could unite. 1t could certain
ly do no harm, and if the commission
was properly made up, might do much
good.
Senator Harris has to grit his teeth
and bear the unexpected delay in
reaching a final vote on the tariff hill
as best he can, being unable to get al d
keep forty-three Senators on the focr
continusy in order to force things a.
ing faster. The republicans took
advantage of this to stretch the 6e5ate
on the wool schedule of all proportions
and at this writing they are threaten
ing to tilibuster against taking a vote
upon it until wool is taken from the
list, and the charge is made, but will
not vouch for its correctness, that
they have been informed by several
democrats of their willingness, if it
can be done by agreement, instead Of
a recorded vote, to help them get a
small duty on wool.
The attempt of Il local paper to get
little notoriety by insinuating that
Representative Richardson, of Tenn,
had engaged in real estate transac-
tions that were not entirely right and
proper, with Representatives. O. u
street railway syndicate that is seek
ing Congressional legislation, was a
Z failure even before Mr.. Richardson
had taken the unnecessary trouble to
m Ike an explanation to the Hous Q.
The man or newspaper witch attacks
the integrity of men like Mr.. Richard
son must present absolute proofs, not
vague insinuations, before the public
attention can be secured.
/ If the evidence taken by the House
! committee on Navel Affairs can be
substantiated, the government should
at once cancel the contract with the
Carnegie companies for armor plate
for our war ships. and begin suits for
the recovery of every dollar that has
been paid to those concerns for plates
that are not what they purport to be.
This would OF course, result in delaying
the completion of those ships vet to be
armored, but it would be better that
they never be completed than that the
crookedness which has been testified
to should be allowed to go unpunished.
| The committee is still taking testi'
money. 1t will probably be necessary
to remove plates from a number of the
ships in order to ascertain whether
witnesses have told the truth or not
and that will consume considerable
time, and make it impossible for the
committee to conclude the investiga
tion in time to report during the pres
ent session of congress.
! Every Senator at present In Wash.
| ington, except Quay, of Pa, has de.
clared under oath that he neither spec
ulated in nor gave information to
be used in speculating in the stock OF
the sugar trust. Quay says he has
been speculating in sugar stock whom
ever he felt like it and that he is going
to continue. The evidence did not
surprise any sensible person, but all
the same it was Wise In the investiga-
ting committee to examine all the SEN
ators beginning with themselves; it
closes the mouths of the buncombe
speakers and writer's who have been
continually asking why not swearP'
The only features in the examination
of the Senators that varied from
the sterotyped denial of the eight lead
/, ing questions asked enough to arouse
! any special interest were the confes-