Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1895-01-15


his votes if he had mad his
way S5OO.OOO.oOO of bonds would
have been necessary before 1897 to
| meet the current expenses OF the gov
| ernment. | will never follow leader"
said he emphatically, ''who will In time
| OF peace increase the national debt TO
pay the current expenses or the gov
ernment."
Before the election of '92. said Mr..
German, IL had already been demon
strated that the Mckinley law did not
! yield sufficient revenue TO meet the de-
| mands OF the government. The es-
Inmates on which that law had been
framed were erroneous, jnst as the estt-
mates on which this last tariff law was
! framed were erroneous. 1t had been
clearly pointed out prior to the election
of 1892 that the Mckinley law reduced
revenues To the point of threatening
the Treasury with bankruptcy.
Mr.. German then reviewed the cir
cumStanceS under which the Wilson Dill
was taken up by the Senate. The hrst
question considered by the chairman OF
the finance committee (Mr. Voorhees)
was: viii the bill yield the necessary
revenues? And that question mad to be
answered in the negative.
Mr., Voorhees, arose at this point: II
have published in the press OF my
State" said he, "a statement drawing
attention to the fact that the bill as it
came from House would create a
deficiency of S3O,oO0,000. | knew
from the first it was not
revenue bill. We added
to it for that treason-added $50, 900, 900.
am hopeful that the measure may vet
yield sufficient revenue for the govern
| ment's needs, but In the meantime do
OF conceal from myself the perils that
surround u.s."
Mr.. German quoted from a report OF
the condition OF the treasury on Jan
uary 12, showing that the deficit since
July l, 1S94-or the excess OF eXpendl-
ture, as Mr.. Carlisle called Twas S34,-
600, 900 on January IL. Mr.. Carlisle,
while the tariff bill was pending, had
estimated the receipts under the Senate
bill for the ensuing fiscal year as $780,
900, 600 and the expenditures S37S, ,OOO.-
00O or a deficit Of S15,000,000. The
deficit was already double that sum and
the year was but half over.
Mr.. German spoke of the difficulty OF
making accurate ognostications, and
declared that in his opinion the Sec1e-
tary ought not to be held to his figures.
But" said he, addressing his Demo-
cratic colleagues, you cannot afford to
trihe with the situation. You must
maintain, without party divisions, the
honor and integrity OF the govern
ment."
Concluding, Mr.. German said the
present tariff system made radical re-
verse In the rule that had governed leg
islation and marked departure from
the professions OF the Democratic party.
That rule had been that the greater
part of the taxes should come from Gus
toms duties. Cnly once after the war
was this rule departed from. But now
it will be entirely reversed.
1--WE are raising more taxes from our
people than from custom duties" said
Mr.. German. Not enough revenue was
being raised from customs TO pay the
pensions. The bulk OF taxation was
now being levied within our own bor-
ders. The customs revenue would be
many millions short OF the S140, 600, 900
REQ ured for pensions.
'.Can we reduce the expenditures"
he asked.
I answer, no. In 1892, the pension
budget reached $50, 900. .000-its high
est point. 1t is now down to $40, 00O.-
600. and will diminish as the old soldiers
die. 1t will average S125, 900, 900 for the
next tenIyears. The extensive expendi-
lures for the postal service, tho navy,
rivers and harbors must 60 on. The
Senator from Pennsylvania Quay has
said that the Democratic Party
had been rebuked and turned out Of
power. / think the Senator from Colo
RADIO (TelIer) stated the case on Satur-
day last, when. addressing mis- Re-
publican colleagues, he warned them
that the Republi cans had been
swept into power last fall, not
because the people had overweening
confidence In that party, but because in
their present distress they would re-
move from power any party. You Will
come into power March 4, next" said
Mr.. German, passionately. 'un-
der circumstances more favorable
than we did. We have re-
moved many of the distractions
from your path. You will have In the
House big majority. as we have now,
and in the Senate majority as big as
ours-for ours hangs but by thread.
| say now TO the Senator from Pennsyl-
vania. when he and his colleagues meet
the question that confronts US now,
will treat him and his friends
in spirit different from that
which he has manifested toward US. L
will saw to him when any question al
fectiug the finances of the government
arises any proposition to prevent the
bankruptcy of the government or to
give the country q sound currency L
will help you through in the hour OF
peril. although you refused to ala U.S.
Mr. Quay rose to say that he had no
hesitation in assuring the Senator from
MARYLAND. or the Administration, any
assistance in his power toward the So
lution of this currency or revenue ques-
tInn and he did not wish his remarks
beretofore made in the Senate TO be
taken as refusal TO cooperate.
Mr.. Aldrich, (Rep., r. L. also had
question 'as the Senator from Maryland
saws the responsibility will be on the
Republican side of the chamber after
March 4th, let me ask him II we Will
have the President with us after that
time"
Mr.. German paused for moment and
hon in eloouent terms declared that the
President Of the United States could be
depended upon to meet any emergency
presented to him with PATRIOTISM un'
influenced by party feeling.
Mr. German disclaimed any rignt or
authority to speak for the President or
"a Indicate his course, but If the Repuo-
iican Congress after March Atm next
10, this grave responsibility with