Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1895-12-26
THE REVENUE BILL.
Reported 10 The House by The Ways
and Means Committee,
An ANIMATED Debate On A RULE.
Tariff Measure TO be Voted on To-day -
Insufficient Revenue One Cause
OF Depression.

wAsHIsoroN, Dec, 26.--ln antici.
patton Of Geld day 10 the Houso over
the passage OF the tariff bill agreed on
ny tue ways and means COMMITTEES,
goat crowds were attracted 10 the
Capitol. Most members who have
gone homo for the holidays
mad hurriodly returned aud the aiten.
dance on the door was almos, ~ large
as on tho opening Of the session. In
addition many senators were present.
Immediately after the reading Of the
Journal, Dlngley, chairman Of tho
ways and means committee, reported
the revenue bill which the speaker
forthwith referred 10 the COMMITTEES OF
tho " hole Of the House.
CRISP dem. Gal, said the minority
hNd had no Opportunity 10 prepare snd
file their views.
Henderson (lep. iowa., from the
nimittve on ruler, presented special
order under which the House was ~
operate. IL provided that Immediately
after tho adoption u the Urdef, ~
would DO In order 10 call up the rove.
nue. oil and tue debate should run
until o'clock, when without inter.
vening m9tlon, vote sh .uid be taken
on tbs laEsase oi the bill.
Alter protest by Crisp the report was
adopted by 2l3 10 81, asttct party vote.
Hendtfs closed the uobate on tue
rule ia speech which aroused the
Republican side 10 great enthuaiasni,
Tho Dsm9cgal Pfusld'4t, he sale,
bad scot Congress declaration Of war
und three uhyslsttsfwafd iiiull peii.
iJn Of banktup cy. (Rspubncan APP
piausol. "Ne are not for SAf," cou.
lnued Hontsfon. "rhc President dc.
mAnded mouoy. We will give
Il q him. Hut We have not
declared war, although war will
fnd us feaJ ~. Lot net the business il-
loftstH Of the county shiver before
tuia tempest In teapot. The county
nas asselt. Tho Republican party hss
r.tutned 10 power Ia tho legislative
branch OF the government IL will
soon have ths executive aud then
never again will our integrity be put
In question:"
The Democrats had no right TO com.
| plain Of whip aud spur aud gag after
1h,if proceeding on the Wilson bill.
Chairman Dinglby. OF the ways and
means committee, today reported 10 the
| House tue thfifi anu bonds bills agreed
upon by q majority Of the committee.
| Tue bills were accompanied by an
elaborate report, In which the commit.
too saiui
"Your commit les regatd the chronic
deficiency vi the revenue OF the past
two years and n hall asa most potent
cause u tue difficulties the treasury
has encou ntetsd and an important
factor In the creation aud promotion OF
that serious dlsttutt which has psrnl.
yzei buaigtsH and dAngsfously shaken
tho confidence even ia tue financial
operations OF the gOv.rntnonL
| "The serious fact that We are called
upon - ccniT0ut N that In the twt
And hAif years that have elppset
since July /, 1893, ihis government hal
hsI "a intutiio,uncy Of revenue &
meet current expenditures, amounting
In The aggregate - about Sl3B, 900, 600
| Au.. even the frat hsli Of tue pttseu
nssa year the deficiency will reach
, Oh, at $50, 900, 900, ami about 50, 900, 0OI
the present menib.
"Insufiiolenuy OF revenue has m al,
n necessary TO use tho redeemed u nil
ed States legal tender notes 10 pay cut
tent expenditures aud thus supply Ad
ditiqnAl means 10 draw gold from thl
grounbAck redemption fund-in short
10 create an 'endless chain OF whlci
the secretary OF tho treasury com
aims, and made Il necessary TO 40
iisue after issur Of bonds to repleuia
the reserve.
"Thots who oppose the raising o
moro revenue In such situation ii
eli cot, whether they intend 60 do 80 u
not, favor borrowing In preference /
paying a. vo 40 along.
"while va have presented, In th
btisf measure reported, n horizonts
increaHs OF 10 per cent OF existin
duties ON all schedules but two, whio
10 an addition OF less than 5 percent /
the average ad vRloTem rate (givin
nbout Sl6,000,000 revenue from tht
sourcn), yet more thnn $4,000, 900 {
$40, OOV. 600 which IL Ia estimated tn
bill would add 10 our annual revenue
will como mainly from wool, which
taken from tho free list and given
modsrats duty, and the manuiaotur,
Of wool, which arc given compensi
tory duty equivalent TO the duty o
} W DOL which 10 always necessary whs
a duty il placed on wooD In order
J give tue wool grover thu benefit M
make II possible " manufacture woo
Gus nj home.
"Such lumber az was placed on n
free llst by ths act OF 1890, without II
slightest JUST noAtion, 10 restored 10 IL
. duIiable let, but with duty OF onl
10 psr cent 81 tho duties provided 1
tho act OF 1890, giving an equivalent