The daily morning journal and courier., 1895-12-27


 l whether We are confronted with a de- ticiency or a surplus, the republicans are always ready to assume all right ful and necessary responsibility"
 MT, Henderson said MT, McMNlin had taunted the republicans with working on a holiday. When the democratic ass falls into pit of its own making" he said, with the burden of national responsibility upon it's back, the re- publicans will work on Sunday to get 1t out and set the country on its feet again." Uaughter) "The gentleman from Georgia, MT. Crisp" said MT. Hen derson, Had said this was a bill to tax the people," My God" he ex- claimed, the house of representatives l hasn't the power to vote to pay back to the people the millions of which they have been deprived since the democrat ic party came into power on the fourth of March, 1893. They talk of speed. Do they stop to consider the rapidity with which democratic policies have emptied the treasury? They talk about war. The republicans have made no decla- ration of war It is true, as has been said, that the president sent a declara- ton of war to congress, and three days afterwards filed his petition in bank ruptcy with the same body. Gaugh- ter) The republican party is not in fa- vor of war; neither is it afraid of war. But the country should take notice of the fact that it has not yet exercised its judgment upon the question. The president asked for an appropriation with which to exercise his executive | function, and the republicans promptly said take your money Let no one un- der a misapprehension run away from that tempest in a teapot"
 After some further discussion a vote by yeas and nays was demanded on the passage of the resolution, result ing: Yeas 21S, nays 80. Several repub- licans were recorded as voting against the resolution.
 The bill was then laid before the house and read by the clerk, together with the report of the committee on ways and means in support of the meas ure.
 MT. Dingley opened the three and onehalf hours debate on the bill in favor of its passage. He said that when the presidents message was read to the house last Saturday every mem- Der felt that great Gesponsibility rest | ed upon him. Under that sense of re- l sponsibility, the committee on ways and means began the preparation of measures to meet the emergency set | forth by the president. The first pro- | posed, naturally, was one to provide l revenue to meet the expenses of the government. Gentlemen tell us, he said, that there is money enough to meet expenses. The house had been told that next week, next month. there l would be sufficient revenue. With that song of hope in our ears, the deficiency 1 had gone on increasing in amount, un- 1 til it now exceeded, for the period of the l present administrat ton, S165, 900, ,000 l If the policy was to be continued, he said, of using the greenbacks deposit ed in exchange for gold, for paying current expenditures, then the endless chain of which the secretary complained was fully established and the govern ment would be compelled to continue selling bonds to pay debts. From 1879 to 1893 there was no serious raid upon 1 the gold reserve of the treasury. That was due, in the first place, to the fact that throughout that period the re- ceipts of the government exceeded it's expenditures. And secondly there was in existence a tariff policy which pro- l duced Sufficient revenue. A return to | those. conditions which had not existed since 1893, MT. Dingley said. was the the only remedy for the present con- | fitinnc af aff ia frye an ba 6JolN yEav fp overcome the distrust which is now i felt throughout the country We do not know how long the exigency will exist, hence the measure is limited to two and half years in it's operation. It is exgency egislation-legislatio | demanded by the condition of things called to the attention of congress by | the president
 | The committee on ways and means in looking around for way to meet the situation decided to raise the neces- sary revenue from imports. By this method between $40 900 and $50,0OO,- 900 could be raised and in this way the present condition of affairs, which were ruinfng our financial finances would be | stopped.
 MT. Dingley closed his remarks with a reference to the duty proposed on wool and lumber and the benefits to be derived from it.
 MT Crisp, dem., of Georgia, opposed the bill for the minority.
 | He would not, he said, attempt to re- l ply to the argument of the gentleman | from Maine that this was revenue bill | and then measure to protect the wool 1 interests of the country. The excuse l the gentleman from Maine gave for the l bill was that there was deficiency in 1 the revenue. He then read from Secre- tary Carlisles last annual report show ! ing the condition of the treasury. In l the four months next preceding the 4th of March, 1885, said MT. Crisp, the re- ceipts of the treasury fell short of the exDenditures by $4,095, GOO, That was under the operations of the Mckinley biIl, at @ time when there was no one to criticise the policy Of the republicans to increase the receipts of the treasury by increasing the amount that went into the pockets of the protected man. | ufacturers. The gentleman from Maine (Mr Dingley) had stated that there were no withdrawals of gold until after the accession of the present president. n,, 4I,,~ o+l,o,. bon1 fIa racordc