The daily Caucasian. (Raleigh, N.C.) 1895-1895, 1895-01-30
CLEYELAND'S
MESSAGE
Starts Currents and Eddies on the
Financial Question A
Compromise Plan.
THE MESSAGE ENDORSED


W A-HINGToS. Jan. -. - President
'I"Nrlands financial m-ssag. has again
START ed the eddIe- and currents of SEN
tiihent on the financial question ia the
senate. While ,hi, has not yet crystal
iled INTO definite action, several Incl
dents occurred III the senate today
which Indicated general tendencies
Mr.. Manderson Rep. of N-b.J pre-
sehl-d compromise plan. The sena
tor emphasized the need of concession
and compromise III "A vigorous speech.
urging senators To i've and take, in or
der that soIne COMMON ground Tor
meeting the financial emergencies
light be- secured.
In replying, Mr.. Teller Ckep. Colo. J.,
made the significant declaration that
no such compromise legislation could
be effected at this session of Congress.
Mr.. Hill CDem. \ ~ }, presented res
olutions from the New York Chamber
OF Commerce, strongly endorsing the
Presidents financial recommendations
Mr.. Allison Rep. Iowa., offered a
resolution asking information from the
Secretary of the Treasury "a to the
amount of the gold reserve which had
been used in paying the current ex-
penses of the government.
Among the measures passed during
the day, We're those for the compensa-
ton of the National Association of
Florists, and for the sale of inter
changcable mileage tickets to CONNER
rial travellers, known as the CONNER
cial travellers bill. Most Of the day
was given to the bankruptcy bill, Mr.
Mitchell, (Rep. of Oregon) offering a
substitute on the lines of the so-called
Torrey BANKRUPTCY bill, and Mr.. George
Dem. of MississippD speaking AT
length in explanation of the bill.
y special order was invoked to-day
to bring forward the bill to repeal tn.
one-trnth of a cent ditfertntial duty
imposed by the new tariff law, on su
gars imported by bounty paying
countries, and it was passed withou,
amendment by vote of 23?--5l.
\ series of amendments: Two of
fered by Mr.. Hepburn and Mr.. Hop
kins, looking to retaliation in cas'
Germany refused to admit Oul
meat products after the repeal OF
the differential; one by Mr.
Hit, Ills), to repeal the one
eighth differential on refined sugar
one by Mr.. Dingley (Maine), t.
provide that this act should not be con
strued to mean that the United State
surrendered the right, under treatie
containing favored nation clauses, t
affect bounties by the imposition o
equivalent ditferential duties: and ON
by Mr.. voorhees, (kentucky), to plac
all sugar, refined and raw, on the fre
list, were lost by practically strict par
ty votes. The debate today was of al
interesting character, and at time
very spirited. 1t touched quite eXten
sively on the treasury situation an
the remedies to be applied. Mr.. Ding
ley (Maine) made long statement o
the receipts and expenditures, to shov
that the treasury was suffering from
lack of revenue, and that the first dut
of the government was to increase tn
receipts of the treasury.
MIR. Reed took similar view of tn
situation, which was again cOntrOvert
ed by Mr.. Wilson, of w. Va. The at
tempts to amend the bill by. .repealin
:. the other portions of the sugar dut
were opposed by Mr.. Wilson on tn
ground that, if the bill was loade
, down with amendments, it would SURE
- ly meets its doom in the Senate