The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1895-12-17
IN THE SENATE.
Stewart Urges Reorganization of Indus
try. 10 Compete With Japan.

Washington City, Dec. 16.-The senate
was IN session about two hours today, half
OF that time being given 10 Stewart OF
Nevada In a vigorous assault on the gold
combine. In one respect the senator pre-
scented a new phase OF the subject with
which his name has been SO closely idenu-
fed in senate speeches. He urged that thu
great depreciation OF silver gave to the
cheap labor of Asia a tremendous advant-
age In competing with the domestic pro-
ducts OF the American market. Japan IN
particular, he sad. was prohting by this
difference OF 30 per cent. between our money
and that ST Japan, and Japanese merchants
were today underselling our home produ-
GERS in many lines of goods. During Stew
arts speech Mr.. Matsu, secretary OF the
japanese legation, was an attentive listener
In the diplomatic gallery.
Quay presented a petition OF the Wool
Merchants Association of Philadelphia.
and asked that it be read and inserted in
the Record. THAT is bad example" in
terposed Sherman. What is this pet.tion?"
at asks" responded Quay, with a mali
cous smile. that the wool schedule OF the
Mckinley act be re-enacted as law" Sher
man joined in the general smile. Certain
~ there could be no objection TO that" said
he. The petition was thereupon read.
PETER offered a resolution calling on the
postoffice department for information as TO
the practice of imposing fines on employees,
also as TO the restrictions placed on postal
employees against comforting with senators
and members regarding legislation. The
resolution was referred
Gallery. Dem, La, offered a resolution.
which was agreed to. calling on the secre-
taery Of the treasury for information as to
the reasons for suspending payment Of
bounty 10 manufacturers OF sugar.
Gall:nger. Rep, y. H., offered a resolu-
t!oE calling for reports from all govern
ment departments as to the number Of
aliens employed. Referred to the commit
| tee on civil service reform.
Stewart addressed the senate on the
| pending resolution for a commission 10
| investigate the needs of labor and agri-
| culture, predicting an invasion OF products
! OF Oriental lands in competition with our
| products. Agents OF the japanese, he
| SAID, were now in the United States sell
| ing goods at prices far below the cost OF
production IN the United States; offering
/ BICYCLES Of Japanese make at S12 each,
ard parlor matches. doors. sash. blinds.
ccopcrage stock. and hats. gloves and
wearing apparel al 30 per cent. below do
nestle prices. Japan had taken the inid-
/ alive. but China would follow.
At the basis Of THIS menac,ng condition.
said Stewart. IS the gold combination. II
! has reduced the value Of silver 80 per
| cent thus giving the As:at!c countries an
advantage OF 30 per cent. on exchange.
| The only means Of averting this complete
commercial supremacy OF the As.atiCs was
10 place gold and silver On an equal basis.
| Stewart used severe language IN arragn-
/ ing the sold syndicate. declaring that e
! controlled national conventions. selected
! presidents and directed the affairs OF the
! national administration. At the Conclu-
! son OF Stewards remarks the resolution
! was LAID aside. and at 80 the senate ad-
/ journed.