The Providence news. (Providence [R.I.]) 1891-1906, 1895-02-01
Senator German Frees His
Mind vehementIy.
Money TangIe Has No Prospect OF
Being Strengthened. !,

tors were preparing TO go home.
Intermittent references had been made
to the subject throughout the day, but IL
was without definite form and purpose,
and the senate flrally lapsed into discus
sion of the District OF Columbia appropria-
tion bill.
= But the financial question arose Incl
dentally, and finally at o'clock Mr.. Cor
man launched into speech which proved
to be one of the most effective he has de-
livered at the present session OF congress
He pointed out the gravity OF tho treas
ury situation, intimating that the facts
were being held back and that an inves-
tigation would show startling deficiencies.
He defended the senate against charges OF
impotency, and declared that he had per-
feet faith that this great body would do
ats full duty before congress adjourned.
He said financial remedy would, If neces-
sary, be added as rider to an appropria-
tion BILL
Spurred on by tho energy Mr. German
had suddenly injected into the question,
the senate at once proceeded to consider
and pass three important resolutions call
ing on Secretary Carlisle for information
concerning every detail bearing on rev.
enues. reserves deficiencies etc.
A warm party debate had occurred dur
ing the day on the question of party ex-
travagance. Chandler, Platt and other
Republican senators asserted that the
total Of appropriations for this congress
would reach 81, ,001, 600, 0O0 or a s1,0o0,000
An excess OF the q, 900, 600, 900 appropriated
by the Fifty-first congress.
Mckinley Law Responsible.
When the financial discussion was
touched upon. Mr.. German said the gold re-
serve was originally created to redeem
greenbacks. Up to the time of the passage
of the Mckinley bill, the government had
plenty OF gold, and the gold reserve was
Intact. But the Mckinley law started
change, and one year before Mr.. Harrison
retired from the presidency he was unable
TO meet the demands on the treasury.
The bankruptcy Of the government be-
gan at that time. Mr.. Harrison and his
secretary OF the treasury then said frankly
that they could not meet obligations But
in the midst of o presidential election
nothing was done. After tho election
Mr.. Harrison and his secretary OF the
treasury besought senator's to give them
bonds, and in response to that appeal an
authorization Of s500o0,0O0 bonds was
added to an appropriation bill. But the
house did not agree to that item and 1t
failed.
I'VE have inherited this load" con-
tinued Mr. German. 1--WE are carrying
this tremendous burden"
The senator declared that the crisis was
rraver than was known. He hoped the
real deficiencies of the treasury would be
disclosed. The senator himself knew it
from personal investigation. 1t was time
the country kncwi
Mr. German said that In the present
grave emergency he did not fear the sem
ate would be found impotent. This body
had always been ready to meet grave
emergencies.
gency," said Mr.. German. "If in no other
way, 1t will place on an appropriation bill
provision by which every obligation of
this government will be amply met and
the honor of the government will be main
tanned" Mr.. German said he did not
care what the details of this provision
might be, what kind Of money was to be
provided; but he appealed to Republican
senators to join In meeting the issue 1t
was their duty as well as that of Demo
cratic senator's.
German's Prediction.
ssBefore that clock marks the hour OF IL
On March & next" said Mr.. German,
s'this senate will have discharged its duty;
this senate will have risen to the great de-
mands upon it; this body will have met
the grave emergency presented to it,"
Mr.. Hill was at once on his feet asking
why the senator from Maryland had not
allowed the financial resolutions to pass
earlier In the day.
pass, and would now move TO lay aside
the District OF Columbia appropriation
bill and put the financial resolutions on
their Immediate passage
The resolutions were accordingly
brought forward and agreed to within a
few minutes without word of argument
The first resolution, proposed by Mr..
Hill, calls on the secretary of the treas
ury to inform the senate IL legislation Is
necessary or desirable toward the issue of
bonds to meet deficiencies In revenue. and
II 90, what the substantial features of this
legislation should be- This was agreed 20
on viva voce vote, only Mr.. Allen voting
no.
Mr.. Allison's resolution calling on tho
secretary for information as to the amount
Of the gold reserve used for current ex.
from bonds similarly used, was also agreed
to, with an amendment by Mr.. German.
The lattcr's amendment is very compre.
hensive, and calls on the secretary for de.
tails on every possible detail of revenue re-
serve, deficiency, assets, etc, that can shed
any light on the financial situation.
The amendment and resolution were
adopted without dissent, after Mr.. Teller
Qaep, Colo.) had suggested that Mr.. Cor
man had ought to ask for information as
to why the Democratic president and the
Democratic leaders in thp senate should
not agree on what was tho trouble.
A Haze of Uncertainty
surrounds the fate of the administration
financial bill In the house next week
Comparatively fow members OF either
party are satisfied with the measure in its
present form with the amendments which
have been added, and which. some assert.
have distorted 1t from tho form of dcfin.
lite plan or policy.
There is no talk of caucus by either
party at this time, and the policy of each
eecme 70 be every man for hfmsoif Eaxv