Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1895-01-30
; = WORK OF CONGRESS-
House Passes the Bill Repeating the
Diferential,
The Senate Again in the Midst Of a
Financial Struggle,
The House Committee on Banking
and Currency at Work on a
Financial Measure on the Lines
Laid Down in the President S
Message-Good Progress Made
Yesterday.

I SSL0TQdy.
WASHINGTON, January ga special
order was invoked to-day to bring the
dill TO repeal the one-tenth OF cent
differential duty imposed by the new
tariff law on sugar imported from boun'
~ paying countries, and it was passed
without amendment by q vote OF 239-
81.
A series OF amendments, two offered
by Mr.. Hepbur and Mr.. Hopkins,
looking to retaliation in case Germany
refused TO admit our meat products after
the repeal OF the differental one by Mr.
Hit, of Illinois, TO repeal the one
eighth differental in refined sugar, one
by Mr.. Dlngley, Of Maine, to pro-
vide that this act should mol
be construed TO mean that the United
States surrendered the right under
treaties containing favored nation
clauses, to effect bounties by the impo-
stion of equivalent ditferentia duties
and one by Mr. Van Voorhis, OF New
York, TO place all sugar, raw and refined
on the free list, were lost by practically
strictly party votes. The debate to-day
was of an
AN INTERESTING CHARACTER,
and at times very spirited. 1t touched
quite extensively on the treasury situa'
ton and the remedies to be applied.
Mr.. DingIey, Of Maine, made long
statement OF the receipts and expendi-
lures TO show that the treasury was
suffering from lack OF revenue aud that
the first duty OF the government was
TO Increase the receipts OF the
Treasury Mr.. Reed took similar
view of the situation, which was again
controverted by Mr.. Wilson, OF West
Virginia. The attempts to amend the
Dill by repeating the other portions OF
the sugar duty were opposed by Mr..
Wilson on the ground that II the bill
was loaded down with amendments IL
would surely meet its doom in the Sen
ate.
IN THE SENATE.
WASHINGTON. ID. c., January %
President Clsveland's financial message
has again started the eddies and cur
rents of sentiment on the financial
question In the Senate. While this has
not yet crystali2ed into definite action
several Incidents occurred in the Senate
which indicated general tendencies,
Mr. Manderson rep, Nebraska. pre-
senred a compromise plan. The Sena-
tor EN- mphasized the need OF concession
and compromise in q vigorous speech
urging Senators TO give and take In
order that some common ground Tor
getting over the financial emergency
might be secured.
In replying. Mr.. Teller (Rep, Colo
rado,l made the significant declaration
that no such compromise legislation
conld be effected al this session OF Con-
gress.
THE FINANCE COMMITTEE.
WASHINGTON, d. c., January %
The House Committee on Banking and
Currency spent the day 10 debating the
new administration bill, and went
through 1t by sections.
The bill will be reported tomorrow.
There was a general disposition to en-
graft personal schemes upon the meas
ure. 1t is conceded that the chances
of the measure are much better in the
House tnan in the Senate. Its oppo-
neuts are largely depending on the Tree
silver Senators to talk 1t TO death, as
thew may be able TO do in body which
has no rule by which it can fix day
for vote.
AL the afternoon session the Banking
and Currency Committee adopted an
amendment to the administration bill ~
reduce the tax on bank circulation 10
one-fourth of one per cent. yearly, pay
able in two installments OF one-eighth
OF one per cent. each. The feature OF
the oill making customs duties payable
in gold is being hotly debated.
Another amendment was adopted
making the bonds redeemable at the
option Of the government after ten
years, instead of fifty years, as In the
original bill.
WAsHINGTsN. D. c., January %
To-day's statement OF the condition OF
the Treasury shows available cash bal
snce Sl52.775, 532; gold reserve e55,-
74O, 1913.
INDoRsE THE PRESIDENTS PLAN.
ST. LOUIS, January 29.-Ihe Mer-
chants Exchange to day eu masse IRE
spective of party feeling of its inoIVid-
ual members, adopted unanimously
resolutions calling upon Congress Tor
the early enactment of law covering
the Recommendations OF President
Cleveland.
CHICAGO, January 29.-The folis":
ing telegram signed by the presidents oil
tweuty-nine of the leading banks OF
Chicago, was sent 20 Washington this
afternoon addressed TO Senators CuIlom
and Palmer, of Illinois, and Oongress-
man Aldrich, OF this city: The bank
ers of Chicago respectfully urge mem
bers OF the Senate aud House. irrespec-
tive OF party, to unite in the immed ate
passage OF bill in conformity with the
Presideut's message. The business in
terests of the country demand such
action"