Albuquerque weekly citizen. (Albuquerque, N.M.) 1891-19??, 1895-12-28
tRIFF and BONDS!
and Means Committee has
d Both Bills Ready.
Ihe House TO Vote on the Tariff Bill
at Five O'clock To-Day.
ne bond Bill viii he Introduced ami Dis
posed OF Tomorrow.
Lively IN CONGRESS

Washington. Dec. ~. hartman Ding
ley, ~ the waS- and means committee.
to-day reported Ia the hotI-c the ,AriiI
and band billa, agreed upnn hl the ma
prity " the committee. The tcpurt
said
Your committee regard the chronic
deficiency Ut the revenue Tor the past two
years and half ~ the most patent cause
1T the difficulties the treasury has rn.
conntered, and an important factor III
the creation and promotion ~ that ser.
iOus distrust which has para,yrd bust.
nesA and dangerously shaken the cont.
dence ~ the public IN the financial ul~t.
\ Atiuns ~ the government.
Tile serious fact W. are called uls,u Ia
c1uir"nt l. that IN the two aud half
year, that have elapsed since July l..
1853. this government has had All lnsliii
cheney ~ revenue tn meet current eNIFn.
dtlui'~, amounting IN the aggregate Ia
all NJ flEiuhUsI, and even IN the frat
hnlf ~ the present fiscal year the drlr
rnci will reach abugt t9luuuU. and
alSut tdunuD during thu present
month.
The insuiliciency " revenue ha- made
II necessary ~ Use the redeemed United
States legal notes Ia pay current rNI~n.
ditures, and thus supply additional
means a. draw gold free from the green.
back redemption fund IN rhnTt. tn
create the endless chain ~ whlcG the
secretary ~ the treasury complains, aud
which has made II nrcessar, Ia sell issue
after Issue Of bonds ~ replrni-h the r..
serve.
''ThRe VIM opp'se the raising II more
revenue In such u situation, In effect
whether they intend a. du ~ ~ not -- favor
Borrowing Ia preference a. paying ~ We
~ along.
while We have presented IN the brief
measure reported. II horizontal increase ~
10 per cent upon existing duties On all
schedules but two, which l. All addition
Of less than \ PER cent to the average MI
yalorrm rate-giNing ahput slJ,"lW'
revenue from that source. yet more than
&25,UU,OD ~ the tiOU0,isu, which IL Is
estimated this bill would add Ia our nm.
nual revenue, will Come mainly from
wool. which II taken from the free list
and given moderate duty, and from
manufactured woods, which are given n
compensatory duty. equivalent Ia the dut,
ON vol. (which IL always necessary when
u duty IL placed On wool In order IA give
the wopl grower the benefit, and make II
possible 10 manufacture our woolens nj
home.
'The bill reported by your committe,
proposes ~ make the duty "n importe'
clothing wool sixty per cent II the dui,
imposed by the act ~ lS.Hl. which wouid
give an equivalent ~ Il I ~ ~ u cent pei
pound on unwashe'i wU'l, or slSont ~ I@'
cent nd yaloreni.
"Such lumber ~ was placed on the ire,
list by the act ~ ls.,3. without the slight
est Justification. " Restored Ia the dutiabl'
list, but with duty 0 onl, III pr cen
Of the duties provided by the act ~ lSAl
giving an equivalent II onl! H. y"
cent"
In anticipation ~ field day IN IL,
house over the passage IL the tArif bll
agreed on 10y the ways and means com
mittee, great crowds were attracted I,
the capitol.
MUst ~ the members who had guR
home for the holidays hurrie,ily returned
and the attendance on the iivoT WAS al
:nrst Az large IA nj the opening ~ III
session.
Immediately after the reading ~ III
journal. Dingley. chairman ~ the way
and means committee, reported the re't
nue. hill. and the speaker forthwith ~
ferTed II 10 the committee ~ the Who'll
house.
Crisp said the house minority had ha
no opportunity o prepare and tile thei
views.
Henderson. republican. Iowa, from tn
conmitte ON rules, then presented I'll
special order under which the house wa
" operate.
Il provided that Immediately after tn
adoption OF the order II would i~ In III
a. ha MT M
apnted By Dingley, and the debate shout
run until . oclock, when. without intel
yening molten, q vote should be taken u
the passage ~ the bill.
After u protest by Crisp, the report {
the committee on rules was adopted b
2l3 60 ~. 4 strictly party vote.
There may be sDIne important change
made by the ways and means rommittp
In the bond bili before the scheme
brought before the house Tomorrow.
Considerable dissatisfaction has arise
ario,ig the republicans since the text I
the hill ~as made public. the disS.utel
asserting that IL could be- u-,si by a l0
tile administration for the permanent y
tirement ~ the greenhacks.
In Yesterdays et.mmiitse meeting
similar charge was made 10y the dem
Gratis, that the republicans proposed Ia =
cure what they always opposed and ~hI
President Cleveland aiyOcatsd-the Z
tirement Of the greenbacks.
Accordingly, there will he n commits
meeting Tomorrow morning Ia consid
an amendment by Hopkins, ~ lllinoi
which Ii ~ follows:
provided, that nothing herein eo
tained shall be construed a. repeal
mostly the existing laws which authors