The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1895-12-13
GROW TALKS TARIFF
THE MESSAGE DISCUSSED IN
THE HOUSE BY THE
REPUBLICANS.
NEW CUSTOMS LAW CRITICISED
The Pennsylvania Representative I'm
dertakes TO Discredit the New Tariff
Law and Defend the Mckinley Bill
-.Curreney Reform Recommends
lions Discussed--Mr. Grow declared
Emph aticaiIy That the Greenbacks
Would Not BE Retired.

Would Not Be Retired.
WASHINGTON, Dec. 12.-In the
House to-day after the transaction of
some minor business, Mr.. Dingley,
(Rep., Mainel announced that Mr.
Grow, fRep., Pennsylvania desired to
address the House on a subject touch
ed upon by the President and in order
to give him an opportunity TO do SO he
| moved that the House 60 into commit
| tee of the whole ON the state of the
union for consideration of the Presi-
dents message. The motion was a
greed to and Mr.. Grow took the floor.
He sent to the clerks desk and had
read that portion of the message relat-
| ing to the results of the new tariff law
now on the statute books. Mr.. Grow
| called attention to the fact that Mr..
| Cleveland said nothing about the eff
| cheney of the new customs law to pro-
| duce the revenue necessary to carry
| on the government. The President,
Mr.. Grow pointed out, did not give the
receipts or the expenditures for last
| year. Yet it was fact, Mr.. Grow
said, that the deficiency for 1894 was
| S69, 100000 and for the first five months
of the present fiscal year, it was $1s,-
| 600, ,000. The total deficiency, since June
| 30, 1894, was $131, 100000.
| The bonded debt under that admin
| istration had increased S162, 900 900.
| That had been the result of the new
| customs system which the President
! extolled. What of the customs law
| which preceded it and which Mr.. Cleye-
| land said in his message was "insuf-
| ficient for the purposes of revenue" "
| and which he said ''impeded our en-
| trance into the markets of the world ?''
| As to the charge that the Mckinley
| law had not produced sufficient reye-
| nue., Mr.. Grow said that it, as well as
| every protection measure passed since
| 1860, had produced more than enough
| revenue to meet the normal expenses
| of the government.
| From 1868, when the Morrill, bill
| was passed, to 1880, the protection Gus
| toms system had produced sufficient
| revenue TO meet the regular expense
| of the government, save during the
| war. From 1880 TO 1893 the revenues
| exceeded expenditures by S1,310,000,-
| 900. The last Democratic administra-
| ton before the war borrowed money
| to pay the current expenses. Except
| during the period of the war no bonds
| had been sold for that purpose until
| the present administration assumed
| the reins of power.
THE present administration. said
| Mr.. Grow, "seems to have begun where
Buchanan's administration left off
| (Applause and laughter on the Repub-
| lican side,)
As to the Presidents charge that the
Mckinley customs law impeded our
| entrance to the markets of the world,
| Mr.. Grow declared, amid Republican
| applause, that no market was better
| than the American market.
at consists" said he, "of 10000, 900
| people who consume more than any
peope the sun shines on"
| Mr.. Grow said that for no similar
| period had the balance Of trade been
| so much in our favor as during the
| three years the Mckinley law was in
| operation. He then drifted to dis
| cussion of Mr.. Cleyeland's currency re-
| form recommendations His emphatic
statement that the greenbacl<s would
| not be retired was received with de-
monstration of approval by the Re
publicans.
He dwelt on the Presidents insist
| ence this year in recommending an ex-
| tension of the national banking sys-
TEN and utterly ignoring the reiuvena-
| tion of the State bank which last year
| he had been so anxious about. The
complaint that the greenbacks fur
| nished an endless chain by which the
gold reserve was depleted was not
| frank. The greenbacks would endan-
ger the reserve as long as the revenues
were not equal 10 the expenses and no
| longer.
| Paying the current debts of the gov
ernment out of the reserve was the
road TO national bankruptcy. Mr..
Grow referred to the elections last fall
| as condemnation of the new tariff law
and the policy of the administration
and warned the President "when he
had leisure to attend to public affairs"
not to disregard the new command of
the people.
At the conclusion of Mr.. Grows
speech the committee rose and the
House. at 1895, adjourned until Mon
day.
THE DAWN THE SENATE
The Proceedings Covered the Entire
4