The Wilmington daily Republican., 1895-12-26
EMBRGENCY MEASURES.
Chairman Dingley Has Them Ready
for Action by Congress.
THE DEBATE IS TO BE LIMITED.
both Bills. IL Is Expected. WIN Have
Passed the Lower House by Tomorrow
Evening Democratic Members Of the
COMMITTEES Vote Against Them.


Passed the Lower House by Tomorrow
Evening Members Of the
COMMITTEES Vote Against Them.
WAsHINeToN, Dec. 26,--The house ways
and means committee devoted several
hours Of Christmas toa final consideration
Of the two revenue bills which wore pre-
sented to the house today Printed copies
Of the bills were laid before the full com
mittee, the plan being announced to the
Democratic members for the first time, al
though they were familiar with the details.
The bills were formally adopted ns com
mittee measures, motions TO lay them on
the table being oyerruled by party votes
Each bill was read by sections and mo
tions were made by the Democrats to
strike out each section, which, OF course,
failed to carry. 1t was voted to give today
to the consideration OF the tariff bill by
the house and tomorrow TO the bond bill,
with vote on each at the end Of tho days
debate upon 1t, The Democrats endeav-
ored to secure three days debate; to gain
. postponement of two or three days in
which to study the probable effects Of the
measures II enactcd; also to have the
bohd bill debated before the tariff bill,
hut the Republicans adhered to their orig
inal arrangements.
Mr.. Dinglcy stated to the committee
that the bills wero not framed rs Re-
publican measure, but as ono calculated to
save the credit of the government, which,
according TO the presidents message and
TO personal communications made by Sec
retary Carlisle TO members, was endan-
gercd. The condition Of tho treasury from
their representations demanded imme-
diate action, and the Republicans had pre-
pared emergency bills on lines which
seemed most expedient.
Mr.. Dingley laid particular stress on the
assertion that the first bill did not consti-
tuue, and was not intended for revision
of the tariff. Consequently there was nc
necessity for long discussion Of the bill
The Wilson act had been taFan as the
basis for the tariff bill. An estimate of the
probable increase of revenue to be derived
from the tariff bill had been made based
on importations under the Wilson act In
1891 This showed probable increased
revenue of si0,00o,o00, which about
equalled the deficit Of the past year. II
was estimated that sic 100000 would b,
derived from the increase on raw wool
el4,Bo0 900 from manufactured wools ant
ei4.ooo0o from the is per cent. horizonta
sfiyapee on other schedules.
tectlon principles for the time In prepar
ing these bills, Mr.. Dlngley said, $50 tho,
hoped that President Cleveland woult
waive any antagonistio views that h
might hold and sign the bills"
One of the Democrats asked why tn
Republicans had not gone to the full ex
tent OF the Mckinley bill, to which Mr.
Dingley replied that they would do so |
they had the power.
The Democrats on their part, contendet
that the effect of the bond scheme woul,
be to retire the greenbacks by holding then
In the treasury, and said the Republican
proposed to do indirectly just what th
president had recommended and wha
shey (the Republicans) denounced. Th
tariff bill, they claimed, was n strictly Re
publican measure, and a measure for whicl
President Cleveland had not asked.
Mr.. McMillin asserted that there was n
need for additional revenue, as the treas
ury statement showed cash balance o
el70, ,000, 900.
Mr.. Dlngloy replied that 100000 o
this was in greenbacks, which had no
come In as revenue, but had been re
deemed by gold. The Republican pla
would provide for the expenses OF the gov
eminent without encroaehing on the gol
reserve or employing redeemed greenbacki
Amendments were offered by Mr.. Tul
ner to strike out the second section of tn
bond bill, providing for treasury certif
oates OF indebtedness, and by Mr.. McMi
Lin to make these certificates subject I
taxation, as are greenbacks and other eul
rency. Both were lost but Mr.. Tarsne
voted with the Republicans against Nj
Turner'S amendment.
Chairman Dinglcy made the fOllowin
statement last night:
"The revenue bill is not intended to be
tariff revision, but simply an exigene
bill TO raise about $40, ,000, 900 of revenue t
meet the deficiency. Tho main object
revenue, although incidentally the II
ereases will help American industries I
some extent Tho bill is limited to tw
and half years, the expectation beln
that by that time the Republicans will l
In full power and able to revise the tari
ON their own lines.
1.-THE bond bill gives the secretary of tl
treasury authority to issue 0 per cen
five year coin bond to maintain the r,
demption fund.- in addition to the auth o
ity he now possesses, but provides that Ell
proceeds of all bonds sold under this act an
under tho resumption act shall be use
only for redemption purposes. It also pr,
vides that all bonds shall be first offere
to the people of this country. The bill ais
authorizes certificates of indebtedness
bearing 8 per cent interest, and payabl
within three years, to be issued, to met
any temporary deficiency of revenue. III
only object of the bond bill is to redut
the rate Of interest and the time to run,
the bonds which the secretary Is now a,
thorizea to issue bear 4 or 8 per Snt |
terest.'
= Eight Consists Break Jail.
LOUISVILLE, Dec. 20. Eight count