The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1895-12-23
FORECAST FOR CONGRESS.
A Bill to BE Proposed to Raise Ad-
ditiOnal Revenue.
DUTY ON WOOL TO BE INCREASED.
Members OF the Cabinet Hold a Confer
ence At tho white Householder
Washington News.

Washington, December 22.--This prom
ises TO be an eventful week In the house
Before an adjournment Is reached the re-
publican leaders intend that a bill shall
have been sent to the senate in response
to the presidents message Of Friday for
some means OF relieving the treasury SIT
ua'lon and for the protection OF the gold
reserve.
The situation was presented to the ways
and means committee orga nized yesterday
aud last night republican members he!u
d secret meeting at the capitol, at when
Speaker Reed was present to discuss the
details Of the bill. The general outline
OF measure was practically agreed up
on but the details have not been COM
pleted The sentiment was unanimous
that no gold bonds should be authorized,
but that bill on the lines of Mr.. Reeds
amendment of last year should be drawn
up, and with that should be coupled Soine
tariff changes for the purpose of raising
additional revenue. The details of the
tarllI changes WIZ furnish the most ditn-
cut task IN framing the bill. There is
practical unaflmity of sentiment so far
as can be learned among the republican
members Of the committee for a duty ON
Wool and conpensatlng duties on woo.ens.
The Western members want the duty on
wool TO be at least cent per pound, but
the indications are that 1t VIII not exceed
. cents. Iner is some discussion OF Il
Proposition " make an increase in all the
schedules except sugar from 10 10 ~ per
cent, but That is opposed in certain quar-
tiers as being not on protection lines. 1t
seems probable therefore that wool and
Woolens, lumber and various other artl-
Giles will be selected. II seems certain
tHat there via be IA time limitation OF
Two years on the life OF the tariff provl-
sous OF the bin.
The house win probably adjourn imme-
diaicly tomorrow aud the republicans of
the Ways and means committee Will go
10 work to perfect the details of the bill
1t is hoped that Ii can be ready by Tues
day and il 80, VIII probably be passed
aIudcr a special order OF the committee
on rules, or possibly under suspension OF
Speaker Reed and his leutenants be-
lieye that the house should do It's duty
PROMPTLY After the bill has been sent
10 the senate the question OF the holidays
VIII rest with that body. AS to the atli-
| tudc OF the democrats toward the bill, it
seems probable that II will be opposed by
most If not all. the democrats. The silver
democrats are not disposed to vote for
any bond proposition, first because they
believe there IS another remedy In the
hands OF the xecutive-the redemption
a. notes In silver They would probably
also resist the measure on account of the
increase ON the tariff schedules The ad-
4 ministration and sound money democrats
VINO might be disposed to vote for Il bond
authorization will probably be deferred
| from voting for the measure because of
| IT'S tariff propositions. So that the solid
opposition Of the democrats is looked for
me overwhelming republican maiorties
! insures ts passage, however, beyond ques-
| ton 1t IS likely several amendments will
| DO offered by the democrats II they can
| secure recognition for that purpose one
| to authorize the redemption of the treas
| uFy note of 1890 in silver, another to coin
| the silver In the treasury, and possibly a
! plain free coinage amendment.