Hutchinson gazette. [volume] (Hutchinson, Kan.) 1895-1902, 1895-02-07
THE BOND SALE.
Il Is ar Assured Fact and viii Be
Soon Proclaimed,
THE TREASURY PROTECTED.
The Senate Finance Committee Falls to
Reach Conclusion on the Bills BO-
fore Tt--ApprOPrlatI@ Bills
Unpatented lands.

w AOHAN9ToN, EeD. o.--Bb Was AoaEueu
ct a late hour last night that the bond
sale Is an accomplished fact. The an"
nouncement will be made as soon as
the already assured defeat OF the pend
ing bill based ON the presidents last
message 10 determined an the house or
senate. IL the house fails 70 pass the
bond measure the sale will be declared
ON Friday. Should q bond or currency
bill pAsS the house there will DO but
little further delay, Is the senate
finAAce COMMITTEES has decided adverse
" on bond Liquidation. Thus the sale
will b proclaimed IS advertised this
week certain.
The cabinet 10 unit ON the financial
question, the president and Secretary
Carlisle being In perfect harmony is 10
the policy helng pursued. The cabinet
meeting yesterday, the visit Of Pier
POnt Morgan and others from New
York and subsequent conferences ct
the white house were AL important.
The subject of possible sudden raid
on the gold reserve by Certain parties
in New York NOT pleased with the ad-
Manifestations course was discussed.
When the day closed every arrange
ment had been made to protect the
treasury. Bond sales win DO resorted
to whenever necessary, and never again
will the reserve be allowed to run so
low rs It is at present.
The senate finance committee again
failed to reach conclusion yesterday
upon bills before It. A vote was taken
on = substitute for Mr.. McPhersOn's
bill, resulting 10 0 against, afarmA-
tive votes being Mcpherson, Morrill,,
Sherman, Allison aud Aldrich, and the
negative being Voorhees,, Harris. Jonea
Ark, Vest, White and Jones New.
The substitute for the Mcpherson
bill, which was voted down, was p
proposition suggested by Mr.. McPher-
son providing for an issue Of short
time per cent. bonds to meet the de-
flcit In the treasury, very much on the
lines of the Sherman bill.
The silver men developed difference
In their ranks on the question Of
seigniorage. Senator Jones, Of Ar
kansas while expressing the conviction
that silver coinage should prevail At
the old ratio Of l6 to /, argued that 1t
would be a waste of time to report a
bill containing provision of this char
acter when there was no probability Of
It's becoming law, and suggested that
IL would be wiser TO report Q bill which
would give the government the
seigniorage, as provided for in his bill.
Others OF the silver senators held out
for free and unlimited coinage, and,
while they conceded that no free coin.
age proposition was likely to become
law at this session, they said the same
objection could be urged against any
bill that would be reported, and that
1t would be wiser for the free coinage
men to vote for their real convictions
than to report a makeshift.
APPROPRIATION BILLS IN THE SENATE.
WASHINGTON. Feb. 6.-There must be
some earlier and later sitting on the
part Of the senate II the appropriation
bills are all to be passed by the 4th OF
March. Five days have been consumed
in the consideration of the District Of
Columbia bill, the first of the important
budgets 10 come before the senate. AS
this measure contains 57printed pages,
this means q rate Of about II pages =
day. There are yet TO follow the naval
bill now pending In the house with ~
pages; the agricultural bill, with 30
pages, also In the house; the sundry
civil bill. now in the senate committee
with lO7 pages; the Indian bill, not yet
passed by the senate. with n pages;
the diplomatic bill, 20 pages. now on
the senate calendar, and the legislative
bill, just reported TO the house with III
pages. This makes total Of 404 pages
yet to be considered In the senate, not
including the general deficiency bill,
which has not yet been reported TO the
house and the length Of which Is, there
fore, only to be conjectured. It Is
low estimate that 1t will make the to-
tai of pages at least $50. II the rate OF
II pages a day these measures will take
the time Of the senate for Al working
days after to-day. There are remain
ing between now and adjournment on
March only 20 working days, so that
on the basis Of the calculation just had,
there will be 200 pages Of appropria-
ton bills Enacted on when this con.
gress expires, or almost half Of what
now confronts the senate.
TO FORFEIT UNPATENTED Lands
WASHINGTON, Feb. 6.-In the house
yesterday Representative Camenitti, Of
California, introduced bill FORGETTING
government unpatented lands hereto
fore granted to any company or cor
porations under the provisions Of the
Pacific railway acts, where such COM
pany or corporation has refused or
failed TO redeem the bonds Issued to
such company. AS 70 the lands already
patented which at the time Of default
remain in the ownership Of the COM
pany, the secretary of the treasury is
directed to take the necessary action
required by law 10 protect the govern
ment's rights, 80 reserved By the acts,
.n1 A. .e,,rsknrtr A fftn inkor.for In q