The times. [volume] (Richmond, Va.) 1890-1903, 1895-12-27
of the silver bullion in the Treasury and

of the silver bullion in the Treasury and
paying 1t out
MIR. Dockery argued against the bill
Mr.. Hopkins argued in favor 9i lis
passage.
Mr.. Grosvenor said that he gave his
support TO the pending measure because
il was a revenue measure and because IL
was demanded by the message OF the
President.
The discussion was ended for the oppo-
nents of the bill by Mr. Turner. The ad-
ministration of President Harrison. ne
said. came into power with surplus IN
the Treasury over the gold reserve of
Szf3.OOU0D.
IL turned over 70 the present admfnis-
tratiOn four years later a surplus OF NZ.-
10000, Of which S5i,Q0O,Oo0 belonged 10 the
fund deposited In the Treasury for the
redemption OF greenbacks.
The Secretary Of the Treasury had
proposed, as has been stated, 10 issue
bonds 10 protect the gold reserve ana
10 meet deficiencies In revenue. 1t was
under these embarrassing conditions the
Democrats returned 10 power IN 1873.
That party said the remedy for that
situation was not TO raise taxes, but 10
lower them, and II went forward couf-
ageously and passed "A law putting Una,
principle into operation. Under that Wu
wages went up from New England 10
California, and expo Crtations from the
United States had actually Increased
THE INCOME TAN.
The defeat OF the income tax, Turner
said. caused a deficit In receipts, Out
there was 40 deficit, he contended' IN
the Treasury.
by the report Of the Secretary It was
sho.n that there are over SlIO.tpWv IN
the Treasury including gold reserve.
why should we.' he asked. put more
money OF the same kind into the Treas.
ury, when there II mere than we need
A resolution Of thanks. he said, was
due 10 the Democratic party Tor ihfmeh-
ing the plank upon which the piii was
framed-a tarin for revenue oniy.
The Republicans be said had gone
back upon all their old leaders IN their
new movement.
why didn't the gentleman from Maine
offer on his own, or his Official response
bility. the bin he proposed In the last
Congress, TO Increase the tax on peer u
barrelT'
"rhat would have yielded all the reve-
nue. that can be hoped for from TINS
bill Where is al the vaunted couf-
age OF that party now O-aughtetl.
Instead of hosting up the old nag OF
tariff fer protection I'm this, the hour OF
their elimination, they seek cover under
the pOp-gun policy and cry tariH lof
revenue only CLaughter).
For his part. In conclusion, ne said,
"he would prefer 10 lower the rate than
TO raise taxes" (Applausel.
Messrs Arnold fRep), OF pennsylvania,
and Knox lRcDJ. Of Massachusetts.
spoke briefly I'm support OF the bill
DOLLIVER's CLOSE
Mr.. Dolllver RepJ, OF iowa, in closing
INV friend (sir. Turner asks the Re
publican majority why we don't bring
I'm genral tariff law, and ne refers TO
the leadership Of the House as wanting
in courage. but the leadership of this
House can always DE relied on not 10
fight as one that beateth the air
WHY. We know, and everybody knows,
that n general Republican tariff law
cannot be enacted by this Congress. We
do not know that The President OF the
United States would not sign the present
bill Does nay friend speak 10y some COM
mission when he says that The administra'
ton declines this relief. We nave lhe
hest reason for knowing that this law
will please the present Chief Magistrate
We had a letter from the President IN
the last session OF Congress Wnlch con-
tains evidence that he viii sign THIS Jaw
restoring a reasonable revenue duty upon
"There is one thing that we ought all
10 be agreed upOn Whatever else We
are divided about, and that ls tnat tne
Treasury of the United states ahonld no
longer be left al the mercy of the organ
lied avarce Of the world without mont
10 Day er power 10 borrow, or means LOT
Increasing the public revenue, ana SO.
MIR Sneaker closing this debate, / appeal
10 tfe patriotic sentiment that may still
be- suDDosei to reside in the Democratic
breast. 10 come 10 the level TO which the
Rapubli.an party has come In oucrnE,
upon revenue principles, measure 10 re-
iieye tho embarrassment and distress OF
tbe Treasury OF the United States. IAI-
Dlause)
THE VOTE.
,rhe bill was read a third timo, and on
the question Of its passage the yeas and
navs were called, resulung-yeas, zi'i
nays. 81.
The vote was on strictly party lines. the
POpulists voting with the Democrats
against the bill
Sir. Ncwlands (sllverite), Of Nebraska,
voted aye.
MIR. Cannon Rep), Of Utah, offered q
ioini resolution. which was adopted, call
| ING upon the Governor and Secretary Of
the Territory C Utah to turn over TO the
| Governor and secretary Of the stale or
Utah. upon the issuance of the Executive
proclamation announcing its admission
10 the Union. all the public property M
| their possession, including that or the
Utah commission.
| Under cover of debating the resolution
Mr.. Bailey CDem), of Texas, had read
what he described az a substitute for the
bill TO be reported by the Committee on
Ways and Means.
Il directed the Secretary Of the Treas
ury TO coin all silver bullion now IN the
| Treasury purchased under the sherman
act of 1880 into standard silver dollars,
| and with them 10 redeem the notes issued
under that law
| At $40 O'Clock the House adjourned.