New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1895-12-26
THE BILLS.
rny TELEGRAPH TO THE TRIBUNE. ]


dented, manner. Only three working days
had passed since the Presidents "calam-
ity" message was read In the House OF
Representatives before the Committee on ways
and Means was ready to report measures to re-
lieve the National Treasury and maintain the
National credit In order 10 do this the Re-
publican members Of the committee had toied al
most incessantly both day and night After q
long consultation. which lasted until late last
night they adjourned to meet early this morn
ing and at II o'clock had drafts OF two bills
ready to submit for the consideration OF their
Democratic colleagues. These bills will be
brought into the Houre tomorrow. and before
that body adjourns on Friday. one week after the
receipt OF the message. both of them VIII PROB
ably have been passed.
PURELY AN EMERGENCY MEASURE.
While the revenue bill proposed is not by any
means an ideal satisfactory measure. and 10
not so regarded by the members Of the commit
tee they do believe that 1t Is the best that could
be done under the circumstances and with the
time at their command. In other words. 1t. like
the bill authorizing the issue and sale Of per
cent bonds and certificates Of indebtedness, is
regarded as simply and purely an emergency
measure, and the only one practicable or possible
to enact at this time The proposition TO retain
the ad valorem rates of duty established by the
last Congress. with increase Of 10 per cent In
all the schedules except two. would not have
been entertained for instant by the Repub-
lican members Of the committee under any other
circumstances. Neither the wool-growers nor
the manufacturers OF woolen goods VIII be
satisfied with the measure Of relief given oy
the proposed notifications Of Schedule X. ana
yet the belief finds wide currency tnat the
changes in that schedule may cause a veto OF
the bill IL It shall pass the Senate. The proviso
that no rate of duty any article shall be
raised above the rate imposed by the act OF
1890, but that no rate shall be lower than that
imposed by the act Of 1894. is striking COM
mentary on the glaring inequalities and absurd
inconsistencies OF the latter measure
THE DEMOCRATS FIGHT FOR DELAY.
All the members of the committee. except
| Mr.. Grosvenor Of Ohio. and Mr.. McLaurin, OF
| South Carolina, We're in attendance. The ses-
sion lasted two and half hours The Demo-
| Gratis made a general protest against both meas
ures. The Tariff bill was first considered AS
each section was read. Mr.. Turner, OF Georgia,
moved to strike 1t out. the Democrats voting
in the affirmative and the Republicans IN oppo-
sition. McMlin Of Tennessee. then entered
an earnest plea for more time In which 10 con-
slider both bills. He argued that. this being
holiday. the Departments were closed; that
II would be impossible to secure from the Treas
ury Department before Thursday the data
necessary to support the Democratic conten-
ton and closed with motion that further
consideration Of the measure In committee be
postponed two days.
This motion was defeated. was also his
| motion for twenty-four hours delay. IAfter
this the discussion for while became general.
The Democrats contended that the Treasury
now contained a cash balance Of $170.00O,000:
that this was ample to meet any deficiencies
| which might arise for several years; that the
receipts before the close Of the fiscal year would
equal expenditures. and that no tariff legisla-
| ton necessary.
CHAIRMAN DINGLEY'S ARGUMENT
To this Chairman Dingley responded with a
| general disclaimer He said that $70,00O.OoO OF
that amount in greenbacks, which had not
heen received as revenues, but which were re-
deemed with gold. and that they belonged prac-
tically to the redemption fund They were
really part of the cash balance. and ought
| not TO be used for current expenses. He showed
| that the greenbacks were used as an endless
| chain" to draw gold from the Treasury and
! approved the policy of the Secretary In lock-
! ing them up. The purpose or the Tarin DILL
Mr. Dngley continued was to furnish the money
needed for the expenses of the Government
|
greenbacks which had been redeemed in gold.
| He admitted that in offering these revenue
measures the Republicans had waived for the
moment their protection principles. and they
made this concession hoping that the President
would be equally unselfsh In putting his own
objections behind him. Mr.. Dingley insisted
that the bill not intended as a party
measure 1t was. he explained non-partisan in
character and he hoped that 1t would poll
the full vote OF Congress- in order to the
credit of the Government. which, according to
the Presidents message and disclosures made
in private by Secretary Carlisle. was In great
danger The condition Of the Treasury. he in
sisted demanded prompt action. Every days
delay added 10 the embarrassment OF the Ad-
ministraton. Inasmuch no revision Of the
tariff was attempted In the measure in Ques-
ton, discussion In committee at this time
was necessary The Republicans, he said, In
conclusion. had taken the Tariff law Of 1894
a basis and, according to the importations
for that year. the new bill would add $40. 900
| annually to the revenues. or this sum, $12,.
900 900 would be derived from duties raw
wools: S14,000.0OO on manufactures OF wool. and
$14. 900 900 additional from the horizontal in
crease on the remaining schedules. excep,
sugar which was not changed and lumber. the
duty on which would be SO per cent Of the
The Arst and only break in the Democratic
column was on the motion Of Mr.. Turner. of
Georgia, to strike out the second section OF the
bond bill authorizing the issue OF $50. 000. 900
certificates OF Indebtedness On this motion
Mr. Tarsney. Of Missouri. voted with the Re-
publcans. and the amendment was lost.
Thereupon Mr.. McMillir. OF Tennessee. offered
| an amendment that the certificates issued should
| be subject 10 taxation As are the greenbacks
and other moneys. but this amendment was
also rejected. the Republicans voting against it
Chairman Dngley has been authorized by
his Republican associates To prepare the report
OF the majority. which he will present to the
| House tomorrow. There Is no indication that
a report will be presented by the minority, mas
| much as they have not yet received copies OF the
bill amended In committee this morning
THE NEW TARIFF BILL.
The following Is the full text OF the revenue