The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1895-12-24
..,I,l pl,nstch 10 tho IntellIEoncer.

assured that there VIII be no congress
slonal holiday until a plan is formulat-
"a 10 relieve the financial strain, and It
equally as certain that the plan will
n matured tomorrow. The ways and
means committee win be ready by
thursday 10 present TO the house us
rropOsed tariff measure and II Will
doubtless be passed promptly.
The assurance has been given that
enough votes can be secured In the sem
ate 10 indorse the bill, even II Il IL pure
" q tariff measure. The silver Republi-
cars, together with Senator'S y Ger
and Jones, have agreed 10 support IT,
and this insures Its success. IL Is stat,
a Tonight that the Republicans OF
both houses have been notified to be on
duty Thursday.
The revenue bill will not meet the
crisis, however, and for that other
plans are, formulating. The culminn-
lion will Ndoubtless be emergency
bonds" short term and low interest
but with the provlso that they are to be
employed only as occasion makes the
necessity, and In the handling OF them
no syndicate profits will be tolerated.
This is Senator Elkins' view, There
will be no adjournment OF either house
for a longer period than two days at a
time until the 3ist, when perhaps both
will take n recess until the 9Th OF jan
uagy. The reorganization Of the SEN
ate before the flrst OF the New Year Is
l9oked upon as certainty.
WASHINGTON, D. C.. Dec, 23.-The
house Republicans viii introduce on
the day after Christmas and pass with
In .he week two bills in response to
President Cloveland's message OF ap-
peal for help for the treasury. One OF
these two will BE- q tarift bill TO increase
the revenue, the other a financial plan
to maintain the gold reserve and pre-
vent alleged existing trouble with the
efetnbhcks,
This party plan has been perfected by
two meetings OF the Republican mem
lers of the ways aud means committee,
the FIRST held Saturday night with the
cooperation OF Speaker Reed. and 9th
es leaders, the second this afternoon.
Although strong Efforts were made 20
preserve secrecy concerning the details
0i the plan, its features have been OBJ
talned by the Associated Press from
authority.
The tarit bill will be entitled "A bill
10 increase the revenue and to prevent
deficits In the treasury" will go Into
fleet when signed by the President, II
he signs Il, and will remain In effect
rntll August !. 1895, when by Its provi-
Ions II will cease.
It's Items follow:
A duty on wool OF 60 per cent OF the
law rates.
A compensatory duty on woolen
goods OF % per cent OF the Mckinley ect
rates
4 duty OF co percent OF the rate OF
IsgO on lumber, which Will be from 10 TO
Is per cent ad Vllorcin.
An Increase OF % per cent from the
German act rates on cereal
dairy products and live
stock. iaeiuding poultry.
A horizontal Increase of 10 per cent
from the Wilson German rates on all
other schedules, with the provision that
In no cnss shall the duty exceed the
Mckinley rate except where the Will
Son-Go7mau rates exceed thoge OF the
act
The Bond DIII.
TIE second bill viii provide for two
Issues OF bonds. Tho first viii be OF
unlimited amount Of per cent Ave-
year coin bonds 10 protect the gold re-
serve. With the provision TINT the cur
!ency redeemed by the proceeds shall
rot be paid out for current deficits IN
The revenues, unless the expenses ot
the government are In excess OF the
revenues (Which. II Is expected, they
VII not DO II the fiTst bill is In opcra-
TOM.
in addition the second bill viii pro-
Vide Tor one-yCnr. per cent treasury
0f lndeO:CdncBD not 70 eN-
coed }ij0OgO.OJO In amount, and to DC
l.gprsed ot at the discretion or the sec.
retliy N tie treasury 70 meet current
d 'clig In the revenue. These arc 70 pe
Cnprpd for Enlc at tho Bub-treasuries
unl depo3ltOrlcs OF tho government.
II ,s pugaiblo also that there may oe
added 10 thiE bill plan to increase tnG
currency by authorizing the national
lankH 10 issue circulation to the par
value NJ oil tho government hOndH de-
pEtod by them with the government
as 'ccurity for their notes.
Tho plan outlined above was not
1rI'oi upon without much reconcliln-
'iYu NJ differences and compromiAes,
igt the leaders arc assured that both
bills will pass the hougc without mate
Iai OppoBltiOn, having mndc thor.
1urh cdnvash by state delegations. ana
there hra strong hopes that the scnat"
N' nct upon thgtn fnvornbly. bht.
Jrily nights meeting showed q general
..Utlmnnt In favor NJ Incorporating thu
Nhgl" plan into one bill.
The Vote.
Tho ronsons wore advanced to-day
witch led to the division OF the thrln
nnd bond achamea. Seveiul western
free oliver Republicans held o confer
,Hrn during hte day and decided to OPP
bn any bill containing bond ir1,nlsa.
Ih. votes viii ~ cast against we
url illl. but IL n expected that II VIII
Hr 0ngufh y1teH from The Demo-
D' aio 10 onset the Rcplblichn dc-
'."I0u, on he other hand the tnrln
.tl probably viii DO passed ny STRICT
iaHy vote.
.,g the same division the house llc-
IIHlIH1Hs hold some hopes that their
pan can carry IN tile srnnte, MUSTER
.tr ~ NJ tho Republicans aud two
'H#li' votes Tor tho inrln blll, ana
uH' nation oi Republicans ana Donn
fuf the bond bill, although the
frd tree silver majority q The
I.'' uHknH tho turhc1a NJ the second
u. much more doubtful,
'' haze been conferences NJ RE-
tl'lniA from both houses rrellml-
v "a me present plnn, ~ thpt ! N
A'pr"ihcr the product ~ NpenFcr |
- Among The rank ana ME- NJ nous"
'' .ulll1nH there II n movement ~ |
ynuouN ThIiHlny morning i' /
mo Ullls but tho iNndrif loJh ipon |
W" 0HluA WIN 1islruH, fof there COM